AGL 37.99 Decreased By ▼ -0.03 (-0.08%)
AIRLINK 210.70 Increased By ▲ 13.34 (6.76%)
BOP 9.56 Increased By ▲ 0.02 (0.21%)
CNERGY 6.36 Increased By ▲ 0.45 (7.61%)
DCL 9.25 Increased By ▲ 0.43 (4.88%)
DFML 37.70 Increased By ▲ 1.96 (5.48%)
DGKC 98.55 Increased By ▲ 1.69 (1.74%)
FCCL 36.15 Increased By ▲ 0.90 (2.55%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.95 Increased By ▲ 0.78 (5.92%)
HUBC 129.11 Increased By ▲ 1.56 (1.22%)
HUMNL 13.79 Increased By ▲ 0.29 (2.15%)
KEL 5.45 Increased By ▲ 0.13 (2.44%)
KOSM 7.30 Increased By ▲ 0.30 (4.29%)
MLCF 45.39 Increased By ▲ 0.69 (1.54%)
NBP 60.55 Decreased By ▼ -0.87 (-1.42%)
OGDC 219.99 Increased By ▲ 5.32 (2.48%)
PAEL 40.85 Increased By ▲ 2.06 (5.31%)
PIBTL 8.47 Increased By ▲ 0.22 (2.67%)
PPL 198.50 Increased By ▲ 5.42 (2.81%)
PRL 40.15 Increased By ▲ 1.49 (3.85%)
PTC 27.60 Increased By ▲ 1.80 (6.98%)
SEARL 108.12 Increased By ▲ 4.52 (4.36%)
TELE 8.60 Increased By ▲ 0.30 (3.61%)
TOMCL 36.00 Increased By ▲ 1.00 (2.86%)
TPLP 13.74 Increased By ▲ 0.44 (3.31%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.25 Increased By ▲ 1.28 (3.88%)
WTL 1.69 Increased By ▲ 0.09 (5.63%)
BR100 12,045 Increased By 318.3 (2.71%)
BR30 37,342 Increased By 965.5 (2.65%)
KSE100 112,625 Increased By 3111.4 (2.84%)
KSE30 35,529 Increased By 1015.3 (2.94%)

Nigeria needs to ramp up training and job creation schemes for university graduates, a leading recruitment agency said on Monday, after a survey indicated nearly half of those with a higher education qualification were unemployed.
A total of 41,032 (45.72 percent) of the 89,755 people who responded to the survey on jobberman.com said they were unemployed graduates, the Lagos-based firm said in an emailed statement. The results demonstrated the "need for urgent actions on both public and private sector operators", calling the number of unemployed graduates "cause for worry", it added. "Using this survey as a representative sample for the entire employment age population, it is clear that more work needs to be done to put more people in jobs." It added: "In addition, as employers continue to complain about a dearth of skills among graduates, a massive skill acquisition programme should be put in place for graduates and more industries put in place to assimilate them."
Nigeria - Africa's most populous nation with more than 170 million people - is also the continent's leading economy and number one oil producer. But the economy has been hit hard by the global fall in oil prices since mid-2014, weakening the naira currency, while foreign exchange controls have hit investment. Unemployment has long been a concern, with official rates currently at 9.9 percent. President Muhammadu Buhari, who is trying to kick start the economy, on Monday said poverty, injustice and unemployment were the main causes of conflict in the country. All three have been seen as a recruitment tool for Boko Haram's Islamist insurgency in the north-east.

Copyright Agence France-Presse, 2016

Comments

Comments are closed.