Automated Machines, Robotics and its Impact on Employment in Nigeria

Abstract

This study examined automated machines, robotics callistusogu@imsuonline.edu.ngand its impact on employment in Nigeria. The study centers on the economy of Nigeria and focused on the banking and retail sector. The theoretical foundation of this study is the labour replacement theory which explains that human labor is displaced or rendered obsolete often permanently due to technological, economic, or structural changes. The study adopted the survey research design and both the descriptive and inferential statistics were used to analyze the data obtained via questionnaire responses. It was identified after the analysis that automation significantly affects job displacement in the Nigerian banking and retail sector. Also, job opportunities in the Nigerian banking and retail sector exist as a result of automation but the Nigerian workforce is not ready to transit into these roles. Furthermore, government policies are effective in addressing labour market disruptions caused by automation and robotics in the Nigerian banking and retail sector. It was recommended that, the use of automation in the workplace should be encouraged by employers in order to aid employees in overcoming hurdles, rigors and stress in the job, leading to job enhancement and hence increasing employee satisfaction and productivity