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introduction of the study, the statement of the research problem, objective(s) of the study, research hypothesis, and the justification of the study. Chapter two is the review of related concepts; theoretical and empirical literature, while chapter three presents the research methodology. Chapter four is presentation of data, interpretation and analysis of result. Finally, chapter five presents the summary, conclusion and recommendation. Other miscellaneous details are presented in the appendix.

SCOPE OF THE STUDY

This research work describes why, how and if there is a major impact of economic growth on the rate of unemployment in the Nigerian economy. This also will examine the role of government in curbing unemployment through various policies from 1990 till date.

CONCEPTUAL LITERATURE

ECONOMIC GROWTH

Economic growth is measured in terms of growth in real GDP. The Gross Domestic Product (GDP) is measured in terms of the amount of final goods and services produced in a particular country in an accounting period excluding income from abroad. This growth rate is always measured in real terms which are described as inflation adjusted terms.

According to Investopedia, economic growth is described as an increase in the capacity of capacity of an economy to produce goods and services, compared from one period of time to another which can either be measured in nominal or real terms.

In Nigeria in recent years the GDP as to some extent grown from 7.68% in 2012 and but in December, 2012 the GDP level as fell a little to 6.99%.

Real GDP=C+I+G

The economic growth can either be long term or short term growth. The growth in GDP is divided into growth in both potential output and actual output which will be defined below;

POTENTIAL OUTPUT

It has to with percentage increase in the capacity of the economy to produce which is always measured annually.

In the online business dictionary it is defined as the total Gross domestic product that could have been produced by an economy if all its resource were fully employed. Potential output is the estimated growth you foresee based on parameters like sales, promotion, and market.

Also Wikipedia defined it as the highest output of real gross domestic product output that can be sustained over a long period of time.

ACTUAL OUTPUT

This has to with the actual level of output produced in an economy in particular time, also usually measured annually.

Online business dictionary also defined it as the amount of commodities that a firm actually produces, as opposed to the amount that it could produce if it were to run at full theoretical capacity.

UNEMPLOYMENT AND EMPLOYMENT

Unemployment has to do with the total number of able men and women who continue the labour force present in an economy. It is defined in business dictionary as the total number of able bodied men and women of the working age seeking paid work. Unemployment statistics vary according to how the employment is defined and who is deemed fit to be part of the workforce.

According to Investopedia, unemployment occurs when a person who is actively searching for