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Politics / The Drunkenness Of Power And Politics by sleezy106(m): 2:19pm On Mar 03, 2022
Our politicians are so power drunk that they fail to match realities, with so many failed promises to the behest of it's populace. Nigerians have now come of aged to know the exact characters they should elect in certain positions of authority. Things should not stand the same in a country like Nigeria with a growing population of 214,615,295 as of Wednesday, March 2, 2022, out of this number Nigeria’s unemployment rate rose to 35 percent in 2021, according to a report by a credit rating agency, Agusto & Co.

While the National Bureau of Statistics (NBS) is yet to publish the official labour data for the period, the 35 percent by Agusto & Co shows the jobless rate in Africa’s largest economy was up 6.06 percentage points from the 33.3 percent reported in 2020, when the impact of COVID-19 pandemic forced businesses to lay off staff.At 35 percent, the highest in over a decade, the figure by the credit rating agency is below the 40 percent projected for 2021 by President Buhari’s current chief economic adviser, Doyin Salami.

“Unemployment will continue to rise as school leavers join an economy that is weak at creating jobs,” research analysts at Augusto & Co., said.“The sectors with significant growth use very little labour,” the Presidential Economic Advisory Council said at its sixth regular meeting.

Analysis of the latest NBS unemployment report shows that a third of the 69.7 million-strong labour force in Africa’s most populous nation either did nothing or worked for less than 20 hours a week, making them unemployed in 2020. Another 15.9 million worked less than 40 hours a week, making them underemployed. A high unemployment rate in a country like Nigeria whose economy is described as one that is stagflated (a blend of a high inflation rate and slow economic growth) means poor Nigerians will become poorer in real terms, and the middle class will get thinned out.

Before COVID-19, about 80 million of Nigeria’s 200 million people were living on less than the equivalent of $1.90 a day. The pandemic and population growth could see that figure rise to almost 100 million by 2023, notes the World Bank.

Nigeria’s gross domestic product (GDP) may have shown sustained growth over the last four quarters since the exit from the 2020 recession as it grew by 4.03 percent in real terms in the third quarter of 2021, but the labour-intensive sectors that can help employ the country’s graduates have been underperforming, according to BusinessDay findings. Now, that election year is approaching, It is therefore noteworthy of Nigerians to be wise at choice of electing leaders that would match words and actions with realities, leaders with vision, leaders that have the will of Nigerians at heart and not the animal skin disguised in human form.

Let us eschewed politics of bitterness that they have succeeded in dividing us between the North/Southern alliances. Let us do away with the politics of ethnicity, let us elect leaders with character and not popularity.

May God guide our choice come 2023.

To be continued....

Prince Festus Oyom,
A political analyst and commentator
Write from Abuja,
Nigeria
Business / Re: My Canadian Dream Fulfilled by sleezy106(m): 12:40pm On Mar 03, 2022
Ontario
Business / My Canadian Dream Fulfilled by sleezy106(m): 12:10pm On Mar 03, 2022
Many years ago have always had this dream of traveling overseas. This process have been so tough, rigorous many fail attempt as regards my Visa application but yet I never gave up,never discouraged, kept on working and fighting hard to make sure my dream become a reality. At a point I was so discouraged after have lost close to 4M on fail applications. My friends started questioning my mental health condition including my girlfriend who was my backbone and supported me on this process,I mean this money I have lost would have started me a good business over in Nigeria. it's was as though my "village people" were up on my neck seeing and trailing every of my activity on the process. I turn to this scripture because I know I was not give up anyways. “I returned, and saw under the sun, that the race is not to the swift, not the battle to the strong, neither yet bread to the wise, nor yet riches to men of understanding, nor yet favour to men of skill; but time and chance happeneth to them all.” this time the final straw, I put in my application got invited for my interview and after all the process I was granted my Visa, got to Canada two months ago, got my work permit with a very nice and comfortable apartment,a good Job, steady power Etc.. and now everyone who were against my decision as at that time got a surprise how it all happened God is faithful... To all my nairalanders,do not always be discourage in whatever decision you take, keep the focus do not be discouraged and do not allow anyone to discourage you follow your dream. Every man was born in his own day time/hour fight on what you believe.

3 Likes

Politics / Re: Tinubu Intensifies Consultations, Visits IBB by sleezy106(m): 4:08pm On Jan 20, 2022
Wasted energy..you cannot rule Nigeria because Nigerian is not Lagos State tongue

1 Like 1 Share

Politics / Re: Pictures From Tinubu Support Summit At Abuja International Conference Center by sleezy106(m): 2:13pm On Jan 17, 2022
They're hungry Nigerians because all I know Tinubu can never rule Nigeria
Politics / Re: Aida-nath Visits Babaginda In Minna, Urges Youths To Get Involved In Leadership by sleezy106(m): 12:45pm On Jan 15, 2022
Omoh this man still fresh ooh shocked
Politics / Re: 2023: Between Goodluck Jonathan And Bola Ahmed Tinubu by sleezy106(m): 11:37am On Jan 10, 2022
Na GEJ oh, the best option so far

1 Like

Education / Re: Sylvester Oromoni: Pathologists Present During The Autopsies In Warri And Lagos by sleezy106(m): 12:23pm On Jan 08, 2022
The Innocent blood of that young boy nor go allow una rest untill una fit talk Truth
Celebrities / Re: UNILAG Student Accuses Davido Of Not Paying Him N1M For Dummy He Bought From Him by sleezy106(m): 7:17am On Jan 08, 2022
OBO abeg pay am nah..ehnn na student oo
Celebrities / Re: Fireworks At Davido's New House In Banana Island (Video, Photos) by sleezy106(m): 3:03pm On Jan 07, 2022
Enjoy your Heaven on Earth smiley smiley
Celebrities / Re: Fireworks At Davido's New House In Banana Island (Video, Photos) by sleezy106(m): 3:03pm On Jan 07, 2022
Enjoy your Heaven on Earth
Politics / Re: Osinbajo’s Presidential Campaign Billboard Surfaces In Abuja by sleezy106(m): 12:01pm On Jan 05, 2022
Make hm go sidon Joor
Politics / Re: 2023: Power Rotation, Zoning, Unsettling APC, PDP by sleezy106(m): 4:18pm On May 14, 2021
Na dem sabi
Politics / Re: Hushpuppi: Protesters At US Embassy Demand Investigation Of Atiku by sleezy106(m): 4:31pm On Jul 06, 2020
Hungry birds..dem don give dem small money
Politics / Re: Lauretta Onochie: Hushpuppi Was Contracted By Atiku And PDP To Rig 2019 Election by sleezy106(m): 7:13am On Jul 06, 2020
@Nigeria our politician are big mess why are they making a scene about the whole issues what are they trying to put out ordinary nigerian man knows they are all bunch of criminals they just want use this medium to score cheap political points.
Politics / Re: Nigeria’s Debt Profile Hits N28.63tn by sleezy106(m): 6:17pm On Jul 03, 2020
Continue...
Romance / Re: Thread For All Those Still Single In 2017: What's The Way Forward? by sleezy106(m): 11:44pm On Dec 28, 2017
Me I Dey o still single and searching for the right lady o abeg if anyone Dey available to be candid I need am

Religion / Re: Father Mbaka "Resurrects A Dead Baby" During Church Crusade - NationalHelm by sleezy106(m): 10:24am On Dec 07, 2017
Politician d heal somebody na waoo cry
Celebrities / Re: Skiibii Strips To His Pants On Stage (Photos, Video) by sleezy106(m): 7:04am On Dec 06, 2017
Wetin him d sing self
Politics / Re: Jonathan's 60th Birthday: Buhari Sends Felicitation Message by sleezy106(m): 4:37pm On Nov 19, 2017
HBD Gej..long life age with grace the hero our democracy
Politics / Re: "Only Buhari Can Give Igbo Presidency" - Arthur Eze by sleezy106(m): 8:13pm On Nov 18, 2017
Hungry..bitches
Politics / Re: "Only Buhari Can Give Igbo Presidency" - Arthur Eze by sleezy106(m): 8:13pm On Nov 18, 2017
Anywhere Belle face politician

1 Like

Politics / Re: Rev. Father Mbaka Exonerates Tony Nwoye Of Cultism Rumours (Video) by sleezy106(m): 1:17pm On Nov 17, 2017
Who 1 take am serious
Politics / Re: "Steal Public Money, Go To Jail" - President Buhari Tells Nigerians by sleezy106(m): 10:11am On Nov 17, 2017
dat one na story u no dey still
Politics / Re: President Buhari Made Me Take Half Of My Salary – Osinbajo, Vice President by sleezy106(m): 10:05am On Nov 17, 2017
who dat one epp
Career / Re: My Twin Brother Just Got A Pay Rise In A Micro Finance Bank: Don't Give Up! by sleezy106(m): 3:32pm On May 26, 2017
OK.

So how much is the monthly salary now
Politics / Re: Reno Omokri: 24 Key Achievements Of Goodluck Jonathan In His First 100 Days by sleezy106(m): 2:49pm On Aug 31, 2015
GEJ our hero God be with you
Politics / Re: Nigerians Will Pelt Jonathan With Stones If…- Oshiomhole by sleezy106(m): 11:23pm On Aug 22, 2015
this man is just a big FOOL
Politics / Re: Jonathan Returns To Nigeria From UK After A Month Vacation - Punch by sleezy106(m): 9:57pm On Jul 07, 2015
mr president welcome we miss you
Politics / Re: Appointments:uproar As Buhari Favours Northeners -PUNCH by sleezy106(m): 7:03am On Jul 04, 2015
that man na old man no be him the make the appointment na Ahmed joda
Nairaland / General / Re: A Thread For Night Crawlers. (late Sleepers) by sleezy106(m): 7:00am On Jul 04, 2015
okay abeg give me candle and matches make I sleep

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