Niger Delta
UN Expresses Concern Over Nigeria’s High Unemployment Rate
The United Nations Organization has decried the high unemployment rate among Nigerian youths which it said was alarming.
The UN stated that a country which allows its youths to be unemployed without sustainable job opportunities, such a nation is merely sitting on a time bomb which is waiting to explode.
United Nations Residents/Humanitarian coordinator Edward Kallon, made the remarks at the UNCT Retreat stressing that if policy formulators did not come up with policies that would tackle unemployment problem, Nigeria would be like a nation which is sitting on a time bomb waiting for an opportunity to explode.
Kallon maintained that Nigeria unemployment rate which already is at 36.5% was not healthy for economy of a nation like Nigeria.
Speaking on the theme; “The Management Accountability Framework (MAF) – A Foundation Piece of the UN Reform process, ” Kallon called on all stakeholders of Nigerian economy to rise up to the challenge to find a lasting solution to the problem of unemployment which has
bedeviled the nation in recent times.
Edward Kallon who spoke on the youth bulge said, “Nigeria has a significant “youth bulge”, with an estimated 83 percent of the population below the age of 40 years while 62 percent are below the age of 25 years.
He said that the official youth unemployment rate is around 36.5 % adding that as we look at combined un- and underemployment rates, the number has increased to about 45% for those between 24-35 and around 65% for those 15-24.
He said that with the figures reeled out violent extremism is tremendously on the increased in some areas with members of the radical groups conducting recruitment for uneducated and the jobless ones into their folds.
“In some areas, violent extremism and membership of radical groups are increasingly becoming attractive alternatives for undereducated, jobless youth. Others migrated outside the country.
“Research shows that unemployment is the number one reason why Nigerian youth migrate. Some 64% percent express this sentiment.”
He called on every stakeholder in the business of developing the youths and society at large to work towards the development and upliftment of the youth from the shackles of poverty.
He said that Nigeria as a nation had been blessed with abundant human and material resources which if properly harnessed poverty would remain a thing of the past.
Friday Nwagbara, Calabar
Niger Delta
NDDC Begins N50,000 Monthly Payment To 10,000 N’Delta Youths
The Niger Delta Development Commission (NDDC) has begun the payment of N50,000 monthly stipends to 10,000 indigenous youths from the Niger Delta under its Youths Internship Scheme.
The Director of Corporate Affairs at the NDDC, Mrs Seledi Thompson-Wakama, disclosed this to journalists in Port Harcourt, Rivers State capital, yesterday.
She explained that the beneficiaries would undergo practical, hands-on training across the various organisations for 12 months to develop critical skills.
Recall that during the inauguration of the scheme on July 31, 2024, Senate President, Godswill Akpabio, had announced the Federal Government’s approval of a N50,000 monthly stipend for the trainees.
According to Thompson-Wakama, the commission has successfully completed the selection process and has begun placing trainees in organisations to gain practical experience.
“Consequently, with the completion of these phases, the payment of the monthly stipends has also commenced,” she announced.
She revealed that the 10,000 beneficiaries were transparently selected from over 3.2 million youths who registered for the empowerment programme.
“This unprecedented response highlights the immense potential and aspirations of our youths to improve themselves.
“NDDC remains steadfast in ensuring this life-changing opportunity reaches the most deserving candidates, creating a lasting impact and paving the way for a brighter future,” she stated.
Thompson-Wakama explained that the scheme had enabled the commission to collate essential data, including the qualifications, skills, interests, needs, and employment status of the youths in the region.
The data, she explained, would guide the commission in designing programmes tailored to address the unique challenges faced by young people.
She disclosed that the NDDC partnered with KPMG, a global audit and consultancy firm, to enhance the commission’s corporate governance framework.
“KPMG has produced a Governance Advisory Report that will serve as a tool to support the commission’s transition from a transaction-based to a transformation-focussed policy,” Thompson-Wakama added.
The director commended the youths for their patience and cooperation during the selection process for the scheme.
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