Presidential Candidate of the Labour Party for the 2023 general elections, Mr. Peter Obi, on Monday stated that the unemployment of 100 million Nigerians was responsible for the widespread poverty in the country.
He said that a country that turned its people into poverty would be faced with crises, unemployment and insecurity.
“There is no way you will have 100million people living in poverty and you will not have crises, we have more people living in poverty than China and Egypt combined, a population of about 1.5 billion.
“There is no where you won’t have this crisis we are going through with 35 to 40 per cent unemployment rate. When compared to the 120 million people who are supposed to be working in Nigeria today, only 40 million are gainfully employed.
“We have 80 million people who are supposed to be working in the country that are not working.
“The consequence is that we have a state but is unproductive. Nigeria as a country is unproductive because when we talk about 80million people that are not working, about 70 percent of them is made up of the youth in their productive age doing nothing and with so much tendencies.
“The country is not doing anything, is not working. All the country is doing today is sharing. Everybody is looking for what to share,“ he said.