• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, August 4, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Alarming NEET Statistics in Ghana: An Urgent Call for Action

July 17, 2024
Prince Agyapongby Prince Agyapong
in General News
0
Alarming NEET Statistics in Ghana: An Urgent Call for Action

The recent findings by the Ghana Statistical Service (GSS) have uncovered a troubling reality: nearly two million youth in the country are not in education, employment, or training (NEET).

This statistic, which includes a significant portion of the nation’s young and energetic population, raises grave concerns about the future of Ghana’s socio-economic landscape. Esteemed economists, Professor Godfred Bokpin from the University of Ghana Business School and Professor Peter Quartey, Director of the Institute of Statistical, Social and Economic Research (ISSER), have expressed their apprehensions regarding the implications of this development.

Professors Bokpin and Quartey, in separate interviews, underscored the severe threat posed by this high NEET rate. According to them, the lack of engagement among such a significant portion of the youth jeopardizes national security and stymies economic growth.

RelatedPosts

President Mahama Dispels Nigerian Deportation Fears After Viral Video

MultiChoice Grilled On DSTV Pricing 

Sam George Rejects DStv’s Proposal, Insists on Price Reduction

The professors emphasized that these young individuals represent a potentially transformative force for the economy, provided they are given appropriate opportunities.

“We must be intentional with our spending in the real sectors. We require intentionality in programmes and policies that have higher income and employment multipliers.”

Professor Godfred Bokpin from the University of Ghana Business School

This call to action is critical for closing the gap between the affluent and the underprivileged, preventing the youth from succumbing to social vices due to unemployment and lack of prospects.

“The situation is precarious,” Prof. Bokpin remarked, acknowledging that initiatives like the Free Senior High School (FSHS) program have made strides but still fall short of addressing the broader issue.

Prof. Bokpin pointed to studies by the Commonwealth and the World Bank, which highlight increasing poverty levels among Ghanaian youth and project a population surge to 45 million by 2040, with 55% being under 30.

The professor stressed the urgency of implementing deliberate policies aimed at integrating youth into productive sectors of the economy.

Urgent Need for Policy Implementation

WhatsApp Image 2024 06 07 at 8.00.31 AM 2

Prof. Quartey echoed similar sentiments, noting that while the report indicates some progress, it is a stark warning sign that demands immediate attention.

“To have two million of our youth unemployed is significant. We do not need to relax because these are very energetic young people whose energies can easily be channeled into production and not into social vices.”

Professor Peter Quartey, Director of the Institute of Statistical, Social and Economic Research (ISSER)

Prof. Quartey emphasized the importance of implementing existing policies aimed at youth employment and development, citing agriculture as a promising sector if combined with modern technology and artificial intelligence.

The GSS report revealed that females make up a disproportionate share of the NEET population, with 1.2 million compared to 715,691 males. This gender disparity highlights the need for targeted interventions to support young women in accessing education and employment opportunities.

Despite the troubling figures, the report also shows a decrease in the overall NEET rate, from 24.1% in the third quarter of 2022 to 18.2% in the same period last year. This decline, amounting to nearly half a million youth, is a positive sign, suggesting some progress in addressing youth unemployment.

However, as Labor Economist Anthony Oduro-Denkyirah from GSS pointed out, this does not necessarily indicate the availability of formal employment opportunities.

Mr. Oduro-Denkyirah explained that the reduction in NEET could be attributed to what the International Labour Organization (ILO) defines as “own-use production work.” This refers to activities undertaken by individuals to produce goods or services for their own use or for their household, rather than for the formal job market. While this may provide a source of livelihood, it underscores the need for sustainable and formal employment opportunities for the youth.

Addressing the NEET crisis in Ghana requires a comprehensive and multi-faceted approach. Policymakers must focus on creating job-rich programs and policies with high growth potential. Investments in sectors such as agriculture, technology, and manufacturing could provide the necessary avenues for youth employment.

Education and training programs must be aligned with market needs to equip the youth with relevant skills. Partnerships between the government, private sector, and educational institutions can facilitate this alignment, ensuring that training programs are practical and demand-driven.

Moreover, fostering entrepreneurship among the youth can be a game-changer. Providing young people with the skills, resources, and support to start their own businesses can create jobs and stimulate economic growth. Initiatives such as microfinance programs, business incubators, and mentorship schemes can play a vital role in nurturing young entrepreneurs.

The time to act is now, and the focus must be on creating inclusive, sustainable, and job-rich opportunities for all Ghanaian youth.

Tags: CommonwealthInstitute of StatisticalSocial and Economic Research (ISSER)UnemployementWorld Bank
Please login to join discussion
Previous Post

Digitalization, a Profound Impact in The Gospel Music Scene

Next Post

Veteran Actress Eulogizes The Resurgence of Theatre Scene in Ghana

[mc4wp_form id="1264"]

Related Posts

Pakistan, Iran Ink Deals Across Various Sectors
Asia

Pakistan, Iran Ink Deals Across Various Sectors

August 3, 2025
President John Dramani Mahama, With Minister Bianca Odumegwu-Ojukwu, Ghana, Nigeria
General News

President Mahama Dispels Nigerian Deportation Fears After Viral Video

August 3, 2025
DSTV Pricing under scrutiny
General News

MultiChoice Grilled On DSTV Pricing 

August 3, 2025
Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 
Extractives/Energy

Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 

August 3, 2025
Ghana’s Minister for Communications, Digital Technology and Innovations, Hon. Samuel Nartey George
General News

Sam George Rejects DStv’s Proposal, Insists on Price Reduction

August 3, 2025
New Wave Of Violence Displaces Thousands In Mozambique
Africa

New Wave Of Violence Displaces Thousands In Mozambique

August 3, 2025
Pakistan, Iran Ink Deals Across Various Sectors
Asia

Pakistan, Iran Ink Deals Across Various Sectors

by Comfort AmpomaaAugust 3, 2025
President John Dramani Mahama, With Minister Bianca Odumegwu-Ojukwu, Ghana, Nigeria
General News

President Mahama Dispels Nigerian Deportation Fears After Viral Video

by Silas Kafui AssemAugust 3, 2025
DSTV Pricing under scrutiny
General News

MultiChoice Grilled On DSTV Pricing 

by Lilian AhedorAugust 3, 2025
Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 
Extractives/Energy

Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 

by Prince AgyapongAugust 3, 2025
Ghana’s Minister for Communications, Digital Technology and Innovations, Hon. Samuel Nartey George
General News

Sam George Rejects DStv’s Proposal, Insists on Price Reduction

by Evans Junior OwuAugust 3, 2025
New Wave Of Violence Displaces Thousands In Mozambique
Africa

New Wave Of Violence Displaces Thousands In Mozambique

by Lawrence AnkutseAugust 3, 2025
Pakistan, Iran Ink Deals Across Various Sectors
President John Dramani Mahama, With Minister Bianca Odumegwu-Ojukwu, Ghana, Nigeria
DSTV Pricing under scrutiny
Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 
Ghana’s Minister for Communications, Digital Technology and Innovations, Hon. Samuel Nartey George
New Wave Of Violence Displaces Thousands In Mozambique
[/vc_row_inner]

Recent News

  • Pakistan, Iran Ink Deals Across Various Sectors
  • President Mahama Dispels Nigerian Deportation Fears After Viral Video
  • MultiChoice Grilled On DSTV Pricing 
  • Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 
  • Sam George Rejects DStv’s Proposal, Insists on Price Reduction
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.