"WHICH WAY NIGERIA";Survey has it that 45 percent of Nigerian graduates are unemployed

Nigeria needs to ramp up training and job creation
schemes for university graduates, a leading recruitment
agency said on Monday, after a survey indicated nearly
half of those with a higher education qualification were
unemployed.
A total of 41,032 (45.72 percent) of the 89,755 people who
responded to the survey on jobberman.com said they were
unemployed graduates, the Lagos-based firm said in an
emailed statement.
The results demonstrated the “need for urgent actions on
both public and private sector operators”, calling the
number of unemployed graduates “cause for worry”, it
added.
“Using this survey as a representative sample for the entire
employment age population, it is clear that more work
needs to be done to put more people in jobs.”
It added: “In addition, as employers continue to complain
about a dearth of skills among graduates, a massive skill
acquisition programme should be put in place for graduates
and more industries put in place to assimilate them.”
Nigeria — Africa’s most populous nation with more than 170
million people — is also the continent’s leading economy
and number one oil producer.
But the economy has been hit hard by the global fall in oil
prices since mid-2014, weakening the naira currency, while
foreign exchange controls have hit investment.
Unemployment has long been a concern, with official rates
currently at 9.9 percent.
President Muhammadu Buhari, who is trying to kick start the
economy, on Monday said poverty, injustice and
unemployment were the main causes of conflict in the
country.
All three have been seen as a recruitment tool for Boko
Haram’s Islamist insurgency in the northeast.