The Minister of Information and Culture, Alhaji Lai Mohammed, says the Federal Government has provided platforms where businesses can thrive and will continue to address the issue of youth unemployment.
The Minister disclosed this on Sunday during a meeting with Southwest Governors, Ministers and Traditional rulers. Also in attendance was the Chief of Staff, Prof. Ibrahim Gambari.
During his interview, Mohammed said that the government is addressing issues of youths unemployment through funds like the MSME Survival Fund and Youth Investment Funds.
“It is not as if the government has not been addressing the issue of unemployment. The newly launched funds by the government was actually aimed at creating job opportunities.
“What the government has done so far is to provide platforms where businesses can thrive,” he said.
He also added that the meeting with South-West leaders was peaceful and concluded the leaders were satisfied with FG’s response to the protesters.
“It was a peaceful meeting and it was agreed that the state and the federal government response to the initial demand of the EndSARS protest was appropriate,” he added.
What you should know
Nairametrics had reported in August that Nigeria’s unemployment rate as at the second quarter of 2020 is 27.1% indicating that about 21,764,614 (21.7 million) Nigerians remain unemployed. Nigeria’s unemployment and underemployment rate (28.6%) is at a combined 55.7%.