Nigeria's Minister of Finance, Dr. Ngozi Okonjo-Iweala, has assured Nigerians that the Federal Government is commitmed to
ensure that the 5.3 million unemployed Nigerian youths are gainfully employed.
She made this declaration yesterday, at the commissioning of the Global Distance Learning Institute, GDLI, in Abuja.
While stating that unemployment has been a major issue even before President Jonathan's tenure, revealed that efforts were being made
to encourage youths not to completely depend
on seeking for jobs rather they should become
entrepreneurs and labor employers.
"President Jonathan is very worried about
problem of unemployment in the country.
That is the reason we are so excited about this
GDLI. It would create jobs and also train
youths in skill acquisition," she said.
It will also be recalled that Okonjo-Iweala, the
Coordinating Minister for the Economy said
the government has been able to provide jobs
last year while speaking on youth development
on Tuesday and that no fewer than 1.8 million
graduates in the country move into the labour
market every year.
"I am proud to say that after two months of
methodological work, the statisticians have
come up with the data that 1.8 million people
in the country enter the job market yearly.
"I am happy to tell you that last year we were
able to create 1.6 million jobs. So we are
getting close to the 1.8 million that enter the
job market.
Meanwhile Nigeria has been rated among the
world's extremely poor countries by the World
Bank President, Dr Jim Kim, on Wednesday in
Washington.
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