Nigeria Minister of Labour and Productivity, Dr Chris Ngige, has warned that Nigeria will be consumed soon, if unemployment in the country is not addressed urgently, Igberetv reports.

The minister made this known in Enugu at the weekend where he received an award from the College of Medicine, University of Nigeria , Nsukka (UNN) alongside other alumni of the institution.

While looking at the alarming rate of unemployment in the nation, the minister said that if the problem is not tackled frontally, with the seriousness and commitment it deserved, the country would become one hell of unrest such as Venezuela, adding that the uprising might consume everybody.
He noted that the symptoms of social unrest are very much around in the country , saying that President Muhammadu Buhari-led government has however fashioned out some measures to deal with unemployment in the country. “So, unemployment is growing into a big cankerworm.

It is growing into a very vicious disease condition that has given rise to a lot of anti-social behaviours. And government is seriously worried because if we don’t confront unemployment head on with many measures which we are fashioning out now, then the whole country will be consumed with social unrest. “The symptoms are there.

Boko Haram is a symptom of unemployment in Nigeria. IPOB is a symptom of unemployment and desperation and people getting frustrated. Same goes for banditry in the North West. Same goes for kidnapping all over the country. Avengers – the destruction of oil pipelines, OPC – all these are symptoms of very serious underlying disease condition called unemployment.

“All arsenals, everything will be put into place, so that we can fight unemployment. Otherwise, it will consume everybody. It will consume me and you, pressmen. “It is already showing when you are on traffic and people are knocking on your car window to ask you to give them your phone.

If you don’t give them, they will attack you. That is the big malaise. “One day, they will stop people from eating in their houses. They will knock and say, bring your food and let us share it. We don’t want it to get to that. We have tried as a country. We were on the same pedestal with Venezuela.

We were lucky President Muhammadu Buhari came in; if not, we will be on the same scale with Venezuela. We would have all dispersed into neighbouring countries.

“We would have had social unrest that would be internecine and by now, we would not have solved it. So, we are on with our thinking caps. We are bringing everything we have on the table to see how we do it. “Even the Federal Executive Council (FEC) in the last council reiterated that any contract for construction, infrastructural development will have to indicate the quantum of new jobs to be created by doing so. There are other things we are doing as government to see how we can ameliorate the situation.”

“So, government for the next level will fashion out ways and means to deal with unemployment. We are doing something but I think what we are doing is not enough. Government has used diversification into agriculture to fight unemployment. Yes, it was successful where people agreed to turn themselves into farmers.

We have also used ad-hoc procedures like Npower programme. It is like a drop of water in the Ocean. We have employed through that process 500,000 people, about half a million. “But we have those searching for white collar jobs in the neighbourhood of about 15 million. So, we have to do something; to teach people new vocations, new skills, so that not all will be going for white collar jobs.

“Even if you have a university degree, you can be taughht some skills so that you employ yourself or even get employed somehow. So, we are going to do that or it is on the table.” The UNN College of Medicine at the weekend honoured its alumnus such as Dr Chris Ngige, Dr. Peter Odili, Senator Chimaroke Nnamani, Dr. Okwesilieze Nwodo, for their contributions to the upliftment of the college, and also the international businessman, Prince Arthur Eze as well as Governor Ifeanyi Ugwuanyi who received award for good governance.

http://igberetvnews.com/1013508/nigeria-will-soon-consumed-unemployment-addressed-now-ngige/

Joker......is it not your job to help with job creation?

You'll just be spewing trash!

Please sir now that you know can you kindly address the unemployment for us? We are tired of toothless barking

Do we look like the president?

Another idiot has spoken

Better to address it now before its too late.

Nigeria Minister of Labour and Productivity, Dr Chris Ngige, has warned that Nigeria will be consumed soon, if unemployment in the country is not addressed urgently,

What's the current unemployment rate and why did NBS stop tracking it right before the 2019 election? There hasn't had an update since Q3 2018. The rate steadily rising each quarter shows your economic policies are failing. You should also worry about enforcing minimum wage. Why you clowns pass laws you have no intention of enforcing is beyond me.

Still confirming that your APC-led government have indeed failed after rendering 24M+ Nigerians unemployed despite promising 3M jobs annually.

I thought they said they have curbed unemployment.

Why is he telling us

Don't he know the road to his oga office?

I hate when government officials talk like this ....what do u want us to do ? Is it not your job to create job ?

So a senator was saying the government should do something about bandits ...a senator ooh

If the president is not doing the work impeach him

This politician lack idea ,they are so dumb i swear ...how can some rule a country with 400bn dollars GDP n your revenue is 15 billion dollars if e reach self

How cant u raise 150 billion dollars ...okay at worst 100 ...we are ruled by the dumbest people in nigeria ....

I have said it before there is no state in nigeria i would govern for 8 years n its revenue (IGR) is less than 1 Trillion per year ....its so simple are they just blind ?

mrvitalis:
I hate when government officials talk like this ....what do u want us to do ? Is it not your job to create job ?

So a senator was saying the government should do something about bandits ...a senator ooh

If the president is not doing the work impeach him

This politician lack idea ,they are so dumb i swear ...how can some rule a country with 400bn dollars GDP n your revenue is 15 billion dollars if e reach self

How cant u raise 150 billion dollars ...okay at worst 100 ...we are ruled by the dumbest people in nigeria ....

I have said it before there is no state in nigeria i would govern for 8 years n its revenue (IGR) is less than 1 Trillion per year ....its so simple are they just blind ?

Oga, to increase the present tax collection from 6% to 25% no be beans. It will be very tough o! Most government should target for now is 10%.

This will involve the doubling of VAT, the reduction in corporate taxes to 12% and increasing the base of those that pay it to at least 50%. Removal of the fuel subsidy will improve government revenue by only $1.7b or 0.3% of GDP for instance. A petrol tax of N20 per litre could yield about 300b a year.

grandstar:


Oga, to increase the present tax collection from 6% to 25% no be beans. It will be very tough o! Most government should target for now is 10%.

This will involve the doubling of VAT, the reduction in corporate taxes to 12% and increasing the base of those that pay it to at least 50%. Removal of the fuel subsidy will improve government revenue by only $1.7b or 0.3% of GDP for instance. A petrol tax of N20 per litre could yield about 300b a year.

I think that the cbn tax on deposits of 500k and above are to increase tax collection.

grandstar:


Oga, to increase the present tax collection from 6% to 25% no be beans. It will be very tough o! Most government should target for now is 10%.

This will involve the doubling of VAT, the reduction in corporate taxes to 12% and increasing the base of those that pay it to at least 50%. Removal of the fuel subsidy will improve government revenue by only $1.7b or 0.3% of GDP for instance. A petrol tax of N20 per litre could yield about 300b a year.

Have u thought about car tax , taxing private schools
Racing money over 50 million that has been in account for 6 months plus
Luxury tax ,there are many ways to hit 50 trillion if I was president

I think is high time the Government you are working under take the Bull by the horns.
To reduce unemployment in Nigeria we must encourage technical educations ,we must change the present education curriculum which is theoretical base and adopt China or Finland education system which is technology base.
we must discourage/ discontinue so many courses in Our schools. Since Nigerians like going to school to acquire degrees instead of skills,let's teach them skills in the schools . According to the VC Nassarawa state university- 80% of Lecturers are quack s. so let's change the method of employment in Nigerian universities. Employment should be base on merits not base on man know man or quota system.
I believe strongly that if we follow all this suggestions we will reduce unemployment drastically.

In other words, a shithole will always be a shithole even if you spray perfume over it.

mrvitalis:

Have u thought about car tax , taxing private schools
Racing money over 50 million that has been in account for 6 months plus
Luxury tax ,there are many ways to hit 50 trillion if I was president

Too much taxes on a Lower Middle Income Country like Nigeria can crush growth and lead to many businesses entering the informal sector to escape taxes. Tax rates have to be kept low to encourage low. What is important is the tax collection rate and the tax base.

Already the informal sector already accounts for about 60% of the Nigerian economy

India discovered that any time it reduced tax rates, revenues increased due to greater willingness to comply by the entities being taxed.

grandstar:


Too much taxes on a Lower Middle Income Country like Nigeria can crush growth and lead to many businesses entering the informal sector to escape taxes. Tax rates have to be kept low to encourage low. What is important is the tax collection rate and the tax base.

Already the informal sector already accounts for about 60% of the Nigerian economy

India discovered that any time it reduced tax rates, revenues increased due to greater willingness to comply by the entities being taxed.

Taxing is based on what u earn ...low income earners should not worry

Then something drastic has to be done very fast.

Unfortunately there’s no different btw now and then in your ministry.