Senate wants FG, state govts to declare state of emergency on high unemployment rate

The Senate has called on the Federal, State, and Local Governments to declare a state of emergency on youth employment in Nigeria.

This was one of the resolutions taken by the Senate after it deliberated on a motion on ‘Escalating rate of unemployment in the country.’ The bill was sponsored by former Deputy Senate President, Ike Ekweremadu.

Mr Ekweremadu, who raised a Point of Order, complained that the large numbers of various levels of graduates that the high institutions are turning out yearly, but cannot be absorbed by the labour market, are a time bomb waiting to explode.

The Minister of Labour and Employment, Chris Ngige, had in April disclosed that Nigeria’s unemployment rate will reach 33.5 per cent by 2020.

A report by the National Bureau of Statistics in 2019 states…

Read All From Original Article on Premiumtimes

%d bloggers like this: