Obasanjo Breaks Silence, Advises FG: “Address Youth Unemployment Issue Before It Escalates Into A Full-blown Crisis.”

Related stories

FG Secures $100m for Lagos-Calabar Project from ECOWAS Bank

By Abiola Olawale The Nigerian government has reportedly secured a...

Ex- Arsenal Star Thomas Partey Faces Rape, Sexual Assault Charges in UK

By Abiola Olawale The Metropolitan Police have formally charged former...

Edwin Cortes: Prefers Being A Small Puerto Rican Than Big American

By Owei Lakemfa To be a citizen of the United...

June 12 And The International Pursuit of Justice For Abiola, By Femi Falana

The June 12, 1993, pro-democracy struggle in Nigeria is...

Breaking Down the West’s $146 Billion 2024 Defence Technology Investment

Advanced technologies like drones, sensors, and even artificial intelligence...

By Abiola Olawale

Former two-term-civilian president and one time military Head of State, Chief Olusegun Obasanjo has sent a strong warning to the federal government to immediately address the demands of the Nigerian youths.

The former president raised concerns that the unemployment of Nigerian youths can escalate into a big crisis if it is not immediately addressed.

Obasanjo, who spoke with the Financial Times, monitored by the New Diplomat, feared that Nigeria might be sitting on a keg of gunpowder.

He said: “Our youth are restive. And they are restive because they have no skill. They have no empowerment. They have no employment. We are all sitting on a keg of gunpowder. And my prayer is that we will do the right thing before it’s too late,” he warned.

The New Diplomat reports that Obasanjo’s comments come amid the ongoing #Endbadgovernance nationwide protests by some Nigerians, most especially youths, over lingering hunger and hardship in the country.

Thousands of youths across the country have embarked on protests since August 1, a development which has since escalated with reports and incidences of violence and lootings recorded in certain parts of the country.

Former president Obasanjo also pointed out that Nigeria’s economy would have been much better if it had not relied on just crude oil production.

He described the country’s reliance on crude oil as a “deadly mistake”.

“I believe we made a deadly mistake by putting all our eggs in one basket by relying on oil. We had a very important commodity, gas, but we were flaring it,” he added.

The New Diplomat
The New Diplomathttps://newdiplomatng.com/
At The New Diplomat, we stand for ethical journalism, press freedom, accountable Republic, and gender equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high-quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
FG Secures $100m for Lagos-Calabar Project from ECOWAS BankEx- Arsenal Star Thomas Partey Faces Rape, Sexual Assault Charges in UKEdwin Cortes: Prefers Being A Small Puerto Rican Than Big AmericanJune 12 And The International Pursuit of Justice For Abiola, By Femi FalanaBreaking Down the West’s $146 Billion 2024 Defence Technology InvestmentG7 vs. the World: GDP, Population, and Military StrengthUS drillers cut oil and gas rigs for 10th week in a row, Baker Hughes saysExclusive! Tinubu Tips Late Ajimobi's Wife, Florence, Others for Ambassadorial PostsTinubu Mourns, Pays Tribute to Legendary Super Eagles Goalkeeper Peter RufaiNatasha vs Akpabio: Court Orders Senate President To Recall Senator NatashaHadi Sirika Denies Defection to ADC Coalition Rumors, Reaffirms Loyalty to Buhari, APCChina Snubs U.S. Crude for Third Month, Even as Ethane Trade RestartsHow Super Eagles Icon Peter Rufai passed Away at 61Dakuku Peterside’s Beneath the Surface Book Out in OctoberOil Prices Dip on Confirmation of Inventory Build
X whatsapp