UNEMPLOYMENT RATE WILL BE LOWER AFTER 2016 BUDGET IS PASSED SAYS THE PRESIDENT

 

President Mohammadu Buhari at a dinner he organised in honour of the visiting Alumni Association of the Indian Defence Services Staff College,DSSC, Wellingon, led by the Indian High Commissioner to Nigeria, Mr. Ghanashyam, yesterday, said that the problem of youth unemployment in the country will reduce after the 2016 national budget is passed.

Lamenting that 60 per cent of the country’s youth population was unemployed, the President said:

“We will sit down to see how we can rehabilitate industries. We will do this in order to clear the problem of unemployment. This is extremely dangerous for our country. We are meeting after the budget to see how to revive industry and secure the economy.”

The President also said that the insecurity in the North-East, abduction for ransom in the South and the sabotage of the oil industry in the Delta region are all connected to poverty and unemployment.

“We are meeting after the budget to see how to revive industry and secure the economy,” he further assured.



Vanguard