The private sector plays a great part in Nigeria’s economy by gainfully employing thousands of Nigerians. Apart from providing services, the private sector plays a great part in Nigeria’s economy by gainfully employing thousands of Nigerians thus helping to reduce the unemployment rate which has skyrocketed in recent times. According to the National Bureau of Statistics (NBS), Nigeria’s unemployment rate surged to 5% in Q3, 2023, up from 4.2% in the previous period and the jobless rate among young people aged 15-24 also increased from 7.2% to 8.6%. The International Labour Organisation (ILO) r…