Rate of Unemployment in Nigeria is Embarrassing - TUC

Trade Union Congress of Nigeria (TUC) said the rate of unemployment in the country was embarrassing. It called on governments at all level to adopt urgent measures to check the situation before it degerates to crisis. TUC, in a statement by its President-General, Mr. Peter Esele,  said the economy remained plagued by serious challenges, structural imbalance and lack of diversification.

The statement said: "TUC decries the alarming rate of unemployment in the country, especially among youths. The rate of unemployment in the country is embarrassing and calls for emergency action before it degerates to crisis."

We demand the reactivation of job creation centres in all the states of the federation, Abuja, and all local government areas.

We view with consternation and disgust the continued wastage of public funds and the insistence of certain elements to continue the old system of legalised and organised looting of the public treasury through jumbo pay packages.

We call on all institutions of governance to review their pay packages to align with the mood of Nigerians and the weak economy.

We also advocate for a system of capturing and maintenance of a comprehensive and regularly updated database on the unemployed in the country by the Federal Ministry of Labour and Productivity. The Ministry of Labour should rise to its constitutional responsibilities and join hands with the organised labour towards ending unholy practices currently bedeviling our work places.”

TUC added: "We observed with total dismay the resistance of the nation's economy to growth-induced stimulus and antidotes that ordinarily would have worked well if applied in other economies. This is predicated on poor and late implementation of our fiscal policies, which sometimes are bedeviled with unethical practices at implementation."
Source: Vanguard