Labour

Nigeria is importing unemployment, requires 11 millions jobs yearly —UN-EBAFOSA Coordinator

Published by

The Regional Coordinator, United Nations Environment Ecosystem Based Adaptation for Food Security Assembly (UN-EBAFOSA), Mr. Richard Munang, has declared that Nigeria is further importing unemployment into the country, in addition to its overwhelming youths unemployment.

5 sober prophetic predictions for 2019

Mr. Munang also stated that for Nigeria to address its youths unemployment situation, it needs to create 11 millions jobs annually.

The UNEP Regional Coordinator gave this indication as the President of EBAFOSA-Nigeria, Mr. James Oyesola, declared that the youth are needed to be engaged now more than before; adding that youth unemployment rate in Nigeria was on the increase from 9.8% in 2008 to about 13.41% in 2017.

Also quoting the Bureau of Statistics, Mr. Oyesola pointed out that out of 85.08 million people in active labour force in Nigeria, 16 million were unemployed in one third quarter of 2017.

Both Munang and Oyesola spoke at the UNEP-EBAFOSA Nigeria Policy Harmonization meeting for implementing the Economic Recovery Growth Plan (ERGP) and Climate Action, held in Abuja.

Mr. Munang stated that the biggest problem African faces today, and especially Nigeria is youth unemployment; revealing that Nigeria needed to create 11 million jobs every year to absolve the unemployed youths.

Despite this reality, he regretted that Nigeria has continue to import more unemployment by importing mere tomato paste worth $360 million every year.

“But at the same time, Nigeria is losing N9 billion every year as a result of post harvest loses. Nigeria is importing tomato worth $360 million every year. That means Nigeria is importing unemployment to add on top of unemployment that she got,”Mr. Munang added.

On the importance of their engagement with other government Ministries, agencies and parastatals, the UNEP regional coordinator said: “The important of this policy harmonization for climate action coordinated under the UN  Environment framework for Ecosystem Based Adaptation for Food Security Assembly is actually to help Nigeria implement its climate obligations in such a way that opportunities can be created for the youths.

“If you look at Nigeria today, Nigeria is losing food as a result of post harvest loses worth $9 billion every year. This is loss not just in food but also of incomes and opportunities especially for the youths; because as we are speaking today, Nigeria needs to create 11 million jobs every year to be able to absolve unemployed youths in the country.

“But the question is; where does these jobs come from? They can come as a result of expanding the entire Agro-value chain, which is the only area you can be able to create job opportunities for the youths.”

According to Mr. Oyesola  Nigeria has about 98.3 million hectare arable land of which 72.2 million hectare is cultivable, which is about 23 per cent of arable land across all the West Africa.

He, however regretted that only 34.2 million hectare (48%) is cultivated.

He pointed out that despite all this, over 53 million (about 30 percent of Nigerians remain undernourished and  majority of Nigerians (65 percent) remain food insecure.

He said: “About 72 per cent of Nigerians (118.2 million) are poor. The youth unemployment rate is on increase from 9.84 % in 2008 to about 13.41% in 2017 and in fact youths are needed to be engaged more than before.

“The active labour force is 85.08 million people in Nigeria and about 16 million people were unemployed in one third quarter of 2017 (Bureau of statistics )”

Mr. Oyesola warned that Nigeria is facing a youth bulge as the average age of  the population is 18 years and  is expected to overtake the united states to become the third most populous  country in the world by 2050.

Recent Posts

Housing: Experts suggest solutions to loan defaults by pensioners

Affordable housing advocates have suggested way out of housing loans default by the retired civil…

17 minutes ago

NIESV raises concerns over outdated land law, housing policies 

FRESH concerns have been raised over the outdated land and housing policies in Nigeria. Raising…

47 minutes ago

Wike warns PDP over zoning of 2027 presidential ticket

    Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Monday warned the…

1 hour ago

2025 Hajj: Oyo, Kogi, Imo, Abia complete airlift of pilgrims

    As the airlift operation of Nigerian pilgrims to this year’s Hajj in the…

1 hour ago

Less than 30% of Nigerian cities have development plan  — Ogunleye, MD, MPL

Dr. Moses Ogunleye, the Managing Director, MOA Planners Limited and former President, Association of Town…

1 hour ago

FG raises N1.093 trn via Sukuk to fund infrastructure development — DMO

  The Federal Government has raised N1.093 trillion through sovereign Sukuk issuances to fund the…

1 hour ago

Welcome

Install

This website uses cookies.