Thursday, June 11, 2009

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

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