A gloomy picture of the unemployment situation in the country was painted yesterday by President Muhammadu Buhari, who disclosed that only four per cent of Nigeria’s 64 per cent youth population, are employed.
This situation was described as “extremely dangerous” for the country by the president.
Mr. Buhari further made a connection between insecurity in the north-east, kidnapping in the south and oil bunkering in the Niger Delta region with poverty and unemployment.
He made this known while speaking at a dinner he hosted in honour of the visiting Alumni Association of the Indian Defence Services Staff College (DSSC), Wellington, at which he received part of his military training, late Saturday night at the Presidential Villa, Abuja.
The delegation, which was led to the presidential dinner by Indian High Commissioner to Nigeria, Mr. Ajjampur Ghanashyam, comprised many retired Indian army generals, who were course mates to President Buhari.
The president, however, assured that immediately after the preparation for the 2016 budget, his administration would pay serious attention to the revival of industries with a view to tackling unemployment.
“We are meeting after the budget to see how to revive industry and secure the economy. Very soon, we will sit down to see how we can rehabilitate industries. We will do this in order to clear the problem of unemployment”, Buhari stated.