2023: Nigeria High Unemployment Rate , Cause By Insecurity – Peter Obi; The Presidential hopeful and former Anambra governor, Peter Obi, said the instability in the country is the result of the high population of jobless youths.
He said this on Monday in his donation at the‘Greater Nigeria Conference’, which featured conversations on the need for the south-east to produce the coming president in 2023. The event was held in Abuja and was organized by the Nzuko Umunna, an Igbo suppose-tank.
In 2021, Nigeria hit a new record high of severance rate, following the report by the National Bureau of Statistics (NBS) that the severance rate climbed to33.3 percent in the fourth quarter (Q4 2020) from27.1 percent recorded in Q2 2020.
According to Obi, Nigeria needs to move from being a consuming nation to prioritising product. I thank my sisters and sisters who are also aspiring. I want us to do it in concinnity and insure that one of us emerges and is supported by all of us,” he said.
“ Everyone has talked about injustice in Nigeria and everybody knows that this country thrives on injustice. But beyond that, I want us to look at the true description of a failed state-when a system is no longer in control of its home, or frugality.
Is Nigeria in control of its home and frugality? And the reason is simple.
When Pa Adebanjo was talking about Nigeria when it was good, he talked about how the west kept cocoa plutocrat, the east kept win canvas plutocrat and the north kept plutocrat for groundnut.
That was when Nigeria was producing. Moment, what Nigeria is doing is sharing, sharing, sharing. All I want to do is stop the sharing and start product.
“ Development is depended on the mortal development indicator (HDI). Let’s invest in education; let’s pull people out of poverty, with 100 million people living in poverty, you ’ll have a extremity and that’s the extremity we face moment.
“I’m an wealth creator and I know what it means to create riches. I ’ve traveled to 31 countries of the world and know that you can not have 55 percent severance, with 70 percent of your youths not knowing where the coming mess will come from and you suppose you ’ll have peace. No.
“ We need to invest in youths. That’s what’s passing in China, Indonesia, Malaysia, and everyplace. I want to invest in youths. The occasion is for me to move the country from consumption to product.