'A nation that cannot guarantee its youth gainful employment opportunities after their education has a lot to worry about.' Nigeria Unemployment Oyewusi
The statistics of unemployed youth in Nigeria, twenty-one million as of December 2018, is quite disturbing not because the number is high but that it keeps increasing annually while the nation’s leaders appear completely bereft of how best to address the problem and prevent it from getting worse.
Of all the daunting challenges facing most nations of the world, unemployment has become a general phenomenon. Indeed, even for the working class, fears of losing jobs are causing so many sleepless nights and almost everyone now thinks of other workable plans in the event an unexpected happens. The call for the nation to diversify its economy has been dominant over the years while successive governments’ response in that regard is somewhat lacklustre. Many people have opined that it’s not good for the nation to put all its eggs in a basket but such admonition as it had so far fallen on deaf ears as the nation continues to hang all its hope on crude oil and then spending billions of naira on questionable subsidy.
All the funds spent on subsidy in saner climes would have been deployed to developing all the other mineral resources wasting away in almost all the states of the federation and from there generate more than enough employment opportunities for the people. If anything, Nigeria ought to be one of the leading countries in the entire world with the most gainful employment opportunities not only for its citizens but for a larger percentage of job seekers.
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