Nigeria needs to create four million jobs annually to tackle the issue of unemployment in the country.
Giving this figure, Prof. Vremudia P. Diejomoah, former Co-lead consultant of Nigeria Youth Employment Action Plan (NIYEAP), Federal Ministry of Youth Development, said the young people account for the greatest percentage of unemployment in the country.
“It is ten times what it supposed to be, which is very alarming. about 97.5% of unemployed youths have some form of education and knowledge to be annexed for economic development of the country but 40% of the youth with their knowledge and education are either unemployed or underemployed,” he said.
Youth Development Minister Senator Akinlabi olasunkami said job creation has not grown in proportion to the labour force even with slight improvement in family farming’.