THE “OGA-BOY” SYNERGY

A SPRING BOARD FOR DECENT WORK AND ECONOMIC GROWTH IN SOUTH EAST NIGERIA

Abstract

The Igbo system of apprenticeship is a collaborative business model that involves established businesses nurturing and supporting the growth of other businesses. At present, there are substantial obstacles that are making it less attractive for unemployed young individuals, which could have serious consequences for reducing poverty, unemployment, and wealth generation. As the global community seeks to establish apprenticeship programs that promote greater inclusivity, fairness, and equity within economic systems, the conversation around institutionalizing such initiatives continues to grow. Fostering innovation and creation of employment are key to achieving the Sustainable Development Goal Eight (8), which is an effective measure that eliminates trafficking in persons, poverty, enslavement, and compelled labour. By 2030, full and productive jobs, in addition to acceptable jobs for all men and women are to be fulfilled.This study therefore investigates the effect of “Oga-Boy” synergy on the creation of credible employment and economic growth in South East Nigeria. This study utilizes the social exchange theory, mixed method of documented evidence and interview. Findings revealed that Igbo apprenticeship activities accounted for creation of employment in the South East, thereby reducing the incidence of poverty in the region. The study recommended that the Igbo apprenticeship system should be given legal recognition to make it more attractive among youths. This will promote a higher level of economic productivity, create decent work, and ameliorate the problem of youth unemployment, poverty and inequality in the South East.