UNEMPLOYMENT IN NIGERIA PT2

that serve as performance indices. The question is wether these cash could have been better spent to create more value, as we economist say "the opportunity cost of the venture". Does the Nigerian economy posses the potential for new job creation? Undoubtedly yes. The nigerian economy today function far below maximum output, as such unemployed resources exist within the country. The Nigeria of today has about one medical doctor to five thousand people. Imagine if every local government were to build at lest two primary health center in there locality instead of employing there political cronies into the local government. Even though they have absolutely nothing to do in there. These alone can creat over ten thousand direct employment and at lest fifty thousand indirect employment. Another option would be to put our national reserve in our commercial banks, these will push down the cost of borrowing and just maybe intrest rate can go into single digit. The government can also engage in direct investment, that is build industries and put them on the stock exchange after three to four yes. My believe is that these measures if applied will go a long way in solving the problem.

UNEMPLOYMENT IN NIGERIA PT 1

How do you define failure? Is it a failure to achieve? An inability to do your best? Or just plain inactivity? The biggest macro economic problem facing Nigeria today is that of massive unemployment. To me the problem is more political than economical. It appears to be more of a failure of political will than an economic one. I know many will disagree with me as the Nigerian problem is seen by many as that of corruption. I do agree corruption has its part to play, but then I see corruption as the failure in the application of the law and can not necessarily be blamed a hundred percent for the present state of unemployment we find ourself. The fact is that even with corruption projects are still being executed by the government. My argument is the relevance of most of these projects in solving the problem of unemployment. In the Northern part of Nigeria today a performing governor is one who shares motorcycles and cars for transportation purposes to the citizenry at little or no intrest rate. I am not disputting the relevance or irrelevance of such ventures, my argument is that the best it can do is provide underemployment and increase the crime rate in the case of cycles. In the west and south it is road network and the beautification of the enviroment

ADIEU NNE

Yesterday night my neighbor's 8 year old daughter died of leukaemia. What grief; what sorrow; what pain the girl had to undergo. The parents are not rich but they spent everything they had in the hope of her recovery. Her siblings all stopped going to school so that all available cash could be directed towards her recovery. Alas it was not to be. What did they not try spiritual, traditional, medical, in the end all came to nothing. In my own way I prayed and prayed for God's intervention but nothing came out of it. And the girl herself, oh! what a girl. I have never seen anybody who loves life like her. Always playing, always joyous ever ready to assist. Not in a million years could you have found a better child. I ask myself whose fault is her death, the doctors or God. But the truth must be told I live in a part of the world where any desease other than malaria or typhod is a death sentence.