Business Sanusi Bemoans Poor Employment Rate

[jeff juwana]

Mr. Sanusi Lamido,the Governor of the central Bank of Nigeria said on Monday at the inauguration of the CBN south-south Enterpreneurship in Calabar that the current rate of unemployment in the country was alarming.


He said the high unemployment rate had a negative effect on the development of the country and is a severe developmental challenge to the nation.

He said,the unemployment rate has risen from 8.2 percent in 1999 to 23.9 percent in 2011.


Sanusi said the bank, over the years, had partnered with governments at all levels and various stakeholders to initiate policies and schemes that would help youths in the country.

According to him,there has been partnership between the Bank and government to initiate scheme that will help in the growth and development of youths in the country. He said, 41,828 entrepreneurs were trained under the CBN-EDC programme between 2008 and 2013, while 13,124 jobs were created.

He said that due to the success in the first phase of the project, the CBN is putting together the project for southeast,Northwest,Southwest zones.

Governor Liyel Imoke commended CBN for choosing to locate the EDC for the South-South zone in calabar and also said Calabar is not just a tourist destination but also an entrepreneurial destination.

 

[leo]

Why do this guys find pleasure in lieing: 41,828 entrepreneurs ,13,124 jobs. As far as am concerned its all lies. In this Country,every man for yourself, all we can do is to work reall hard and strive to be the best. Sanusi s very good at giving figures

 

[jeff juwana]

Hahahahahahaha, You took the words out of my mouth, Our Leaders and their digits trying to fool us. They talk talk and talk but we the citizens have not felt the impact of anything they claim they've done. Like you say Every man for himself. If you keep waiting for them without being industrious, you will wait forever.