16 February 2011
Ifeatu Agbu
The time-bombs primed by sit-tight leadership and rising youth unemployment in
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The question is where next? The excruciating socio-economic conditions that have put these countries on the boil are also prevalent in many African countries, including Nigeria . In fact the Nigerian condition may even be worse than what has sparked the revolt in these countries. The main point of departure, however, is that Nigeria has no sit-tight President.
So far, Nigeria has been spared widespread violent dissent. What could be likened to a revolt has been seen in the Niger Delta region where the agitations for resource control have thrown up all kinds of militant activities, including sabotage of oil installations and kidnapping of oil workers. Also in Jos and Maiduguri there have been Ethno-religious disturbances of grave consequences!
The country cannot afford to wait for things to get worse. “Job-creation is the need of the hour”. That is the view of experts like Dr. Ismail Radwan, a senior economist with the World Bank. According to him, 50 million youths in Nigeria were underemployed and three million new job seekers join the unemployment queue each year. The World Bank official wondered if there would not be social unrest eventually if the situation was not urgently addressed and canvassed a vibrant industrial sector as a way forward.
To buttress this point, the President of the Lagos Chamber of Commerce and Industry (LCCI), Mr. Femi Deru said: “The rate of unemployment in the Nigerian economy is currently one of the highest in the world at 19.7 per cent. Over 50 per cent of the youths in the urban areas are unemployed. It is a very disheartening situation for parents who had laboured and strained to educate these youths. The state of affairs has assumed the dimension of an economic and social crisis. There is a relationship between rising criminality and unemployment. We should do something urgently to create jobs.”
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