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Over 20% of Nigerians are Jobless – MAN

By on September 27, 2012

Youth Restiveness

Unemployment is intensifying with 22 out of every 100 Nigerians jobless, the Manufacturers Association of Nigeria (MAN) queried. At that rate over 35 million Nigerians are without a job.

MAN president, Kola Jamodu, speaking at the 16th Triennial symposium of the International Tropical Roast Crops at the Federal University of Agriculture, Abeokuta, Ogun State, lamented the state of unemployment in the country that the situation was worsening.

The growing joblessness, he said, was being compounded by under-employment, which he depicted as more dodgy. According to Investopedia, underemployment is A measure of employment and labor utilization in the economy that looks at how well the labor force is being utilized in terms of skills, experience and availability to work.

Jamodu said,  “Nigeria is witnessing very daring state of unemployment. Statistics shows that 22 out of 100 Nigerians are out of job. It is even worse with under-employment, and it is not acceptable. Under-employment is even more dangerous.”

“If we succeed in what we are doing today, it will generate employment,” he added.

He advised the Federal Government to take advantage of its obviously gifted power in root crop production, particularly cassava; its moneymaking and industrial chance could be improved.

“We are blessed to have over 200 scientists from over 30 countries willing to share experiences, build collaborations, and develop strategies to contribute to sustainable root and tuber development.

“Root crops, naturally domiciled in the tropical region, have lots of socio-economic importance for both household and industrial users worldwide,” he said.

“Apart from meeting the food, health and nutritional needs of the people, the economic importance of the crops cannot be over-emphasised.”

Industrialization is important, he said, manufacturing needed consideration because of its essential position in economic development.

In his words, “The only way to solve problems in a sustainable way is to encourage manufacturing to thrive. Manufacturing is the only sector that has the capacity to generate the most jobs and ensure economic turnaround.”

“We want to be a producing nation, and not an importing nation. What happens when we remain an importing nation is to create jobs for citizens of other nations. This is what the report is out to stop.”

Jamodu said activities that would improve the industrious competence and capability operation of the diverse sub-sectors of the industrialized region needs attention to guarantee that the sector engage in recreation job creation, economic development and poverty reduction.

“The current administration is working on some of the addressed problems. We are all concerned about the fortune of manufacturing because it is the only sector, whose prospect can determine the fortunes of the people and the economy”.

Conclusively, he informed that, “A healthy manufacturing sector means more jobs for the people, and less poverty in the land.”