The Senate on Wednesday urged the Federal, State and Local Governments to declare emergency on the provision of employment to the Youths of Nigeria.

It also tasked the Federal Government through the Ministry of National Planning to put up mechanism and program that will provide employment for the teeming unemployed graduates in all tiers of government.

The resolution of the Senate was a sequel to a motion moved by Senator Ike Ekweremadu on “escalating rate of unemployment in the country.”

 

The motion which was overwhelmingly supported by senators led the Senate to further urged the Federal, State and Local Governments to revitalise existing industries, build new ones and provide a conducive and enabling environment for the Private Sector to build more industries.

The Senate resolved as that the Federal Government should initiate a sustainable unemployment Fund for the payment of living stipends to unemployed Nigerians until such persons secure any kind of employment.

 

In his lead debate, the sponsor of the motion and former Deputy President of the Senate, Ike Ekwerwmadu said that a large number of various levels of graduates from the nation’s high institutions yearly cannot be absorbed by the labour market.

He said the development was a time bomb that is waiting to explode.

He cited the report published by the National Bureau of Statistics in 2019 which stated that Nigeria’s unemployment rate stood at 23.1 per cent of the workforce in the third quarter of 2019.

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