Economy

Unemployment: More Than 15m Nigerians Looking for Job -Ngige

  • Unemployment: More Than 15m Nigerians Looking for Job -Ngige

The high unemployment rate in Nigeria remained a concern as more than 15 million Nigerians are said to be looking for white-collar jobs.

Dr Chris Ngige, the Minister of Labour and Employment, disclosed this on Monday while speaking with some journalists in Enugu.

He said: “Unemployment is growing into a very vicious disease condition that has given rise to a lot of anti-social behaviour. And government is seriously worried because if we don’t confront unemployment head on with many measures which we are fashioning now, then the whole country will be consumed with social unrest.

“The symptoms are there. Boko Haram is a symptom of unemployment in Nigeria. IPOB is a symptom of unemployment and desperation and people getting frustrated.”

“Same goes for banditry in the North West. Same goes for kidnapping all over the country — North West, North East, North Central, South East, South-South and South West.

“Avengers — the destruction of pipelines, OPC, all these are symptoms of very serious underlying disease condition called unemployment,” the minister said.

He, however, said despite government efforts to boost new job creations, the rising unemployment number demand more.

“We are doing something, but I think what we are doing is not enough.

“Government has used diversification into agriculture to fight unemployment. Yes, it was successful where people agreed to turn themselves into farmers.

“We have also used ad hoc procedures like N-POWER programme. It is like a drop of water in the ocean.

“We have employed through that process 500,000 people, about half a million. But we have those searching for white collar jobs in the neighbourhood of about 15 million.

“So, we have to do something — to teach people new vocations, new skills, so that not everybody will be going for white collar jobs.

“Even if you have a university degree, you can be taught some skills so that you employ yourself or even get employed somehow. So, we are going to do that or it is on the table.

“We were lucky President Muhammadu Buhari came in. If not, we would have all dispersed into neighbouring countries. We would have had social unrest that would be internecine and by now, we would not have solved it.

“So, we are on with our thinking caps,” the minister said.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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