THE GOVERNMENT IS SOLELY TO BLAME FOR HIGH UNEMPLOYMENT RATE IN NIGERIA.
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[left]Further more, the corruption exhibited by our government has led to unemployment. Those who are meant to use public funds for building more industries embezzle such funds for their personal use which resulted in massive increase in unemployment rate. Without going too far, Nigeria is said to be the eight most corrupt country in the world and so has high unemployment rate. Taking the case of the missing or unaccounted $20 billion at NNPC among many other corrupt practices and embezzlement carried out by our government, this funds could have been invested in infrastructures that will aid businesses which will create job openings but it is now a pity because it is the other way round. Chinua Achebe in one of the finding in his book, ‘The Trouble With Nigeria’ emphasized that the cult of corruption formed by our rulers, and their insatiable quest to loot the National treasury has sailed us into the ‘ocean’ of economic confusion and unemployment. In his observations, it is true that a Nigeria free from corrupt rulers will be a Nigeria free from unemployment.
1. Youth Unemployment in Nigeria: nigeriamasterweb.com/Masterweb/MasterwebMobileNews.php?rss_id=MzM
- Nigeria Unemployment Rate|2006-2016|Data: www.tradingeconomics.com/nigeria/unemployment-rate