Empirical Analysis of the Potentials in Block Moulding Industries as a Panacea for Reducing Unemployment in Nigeria

Abstract

The paper appraised unemployment reduction through concrete block moulding industries. It focused on the manual moulding as an initial low-cost business that has the possibility of motivating the teeming youths into it as the amount of money required to start the business is not much. It also determined the steps that could be taken to reduce unemployment by proffering the guiding posts to sustainable manual block moulding. The methodology employed is the use of field surveys, site visits, interactions with the stakeholders of block moulding business and relevant professionals in the building industry. Secondary data were also used.The results were examined using discreet statistics and presented in tables. The result revealed that block molding business could reduce unemployment. The involvement of professionals in the business can improve the quality of their products. The paper concluded that with vision, determination and willingness of the prospective business youths, and the concerted effort of government in providing the enabling business environment, block moulding Industries can reduce unemployment to a very large extent.