According to National Bureau of Statistic (NBS), the
unemployment rate in Nigeria has increased to 23.9 percent for the year 2011,
while its projected to rise above 25 percent for the year 2012.
Government policy on job creation especially among
youths and graduates has fallen far short of meeting its target. The environment remains unfriendly for
employment generation as the Niger Delta Militant and Boko Haram continue to
perpetuate evil of all kinds. Nigerian Human Development Index which stands at
0.423 is one of the worst in the world. According to the NBS about 69 percent
of Nigerians live in relative poverty that is about 112 million of Nigeria’s
population of over 160 million people.
In Nigeria, a privileged few are living in affluence
while the majority are wallowing in abject poverty. Unemployment is leading to
more girls being forced into prostitution. Since the government is not solving the
problem, young teenage girls, undergraduates and graduates who are not gainfully
employed, prostitute in the name of ‘hustling’. Interviewed female students
from UNILAG, LASU and UI, submitted that they patronize ‘aristos' and other men
as means to make ends meat and to support their families.
Unemployment in the country contributes to increase
internet fraud and robbery. Able-bodied youths, male and female present
themselves as international businessmen and women on the internet with
the intention to carry out fraudulent acts while others rob for livelihood. Government
should formulate concrete policies devoid of political interest that will
revitalize our moribund industries and encourage locally made goods. Government should
also tackle the security problem, with particular reference to Boko Haram palaver.
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