A former Vice President, Atiku Abubakar, has expressed fear about some economic indices suggesting that the country is s

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A former Vice President, Atiku Abubakar, has expressed fear about some economic indices suggesting that the country is slipping into a failed state.
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The statement signed by him is titled, ‘World’s Highest Unemployment Rate: Time To Help This Government, Help Nigeria.”
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Atiku lamented that his earlier warnings to the regime of the President, Major General Muhammadu Buhari (retd.), were ignored.

He said, “In a situation where we are simultaneously the world headquarters for extreme poverty, the world capital for out-of-school children, and the nation with the highest unemployment rate on earth, there is a very real and present danger that we might slip into the failed states index – God forbid!”
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He attributed the cause of the nation’s current predicament to the decision by the All Progressives Congress-led regime to abandon “the people-centred leadership and free trade and deregulatory policies” of the former President Olusegun Obasanjo administration.
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Atiku said, “Even with the paucity of funds, we continue to ramp up government involvement in sectors that ought to be left to the private sector, with the latest being the ill-advised $1.5bn so called rehabilitation of the Port Harcourt refinery that has failed to turn a profit for years.
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“What this government must realise is that the unprecedented insecurity Nigeria is facing is the result of youth unemployment.
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“Idleness is the worst feature of unemployment because it channels the energy of our youth away from production and towards destruction, and that is why Nigeria is now the third most terrorised nation on earth.”
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He said, “If we can get the 13.5 million out-of-school Nigerian children into school, we will turn the corner in one generation.
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“If we do not do this, then the floodgates of unemployment will be further opened next year, and in the years to come.
. 
Meanwhile, the Special Adviser to the President on Media and Publicity, Femi Adesina, says about 30 million Nigerians were unemployed before Buhari took over office.
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A former Vice President, Atiku Abubakar, has expressed fear about some economic indices suggesting that the country is slipping into a failed state.
.
The statement signed by him is titled, ‘World’s Highest Unemployment Rate: Time To Help This Government, Help Nigeria.”
.
Atiku lamented that his earlier warnings to the regime of the President, Major General Muhammadu Buhari (retd.), were ignored.

He said, “In a situation where we are simultaneously the world headquarters for extreme poverty, the world capital for out-of-school children, and the nation with the highest unemployment rate on earth, there is a very real and present danger that we might slip into the failed states index – God forbid!”
.
He attributed the cause of the nation’s current predicament to the decision by the All Progressives Congress-led regime to abandon “the people-centred leadership and free trade and deregulatory policies” of the former President Olusegun Obasanjo administration.
.
Atiku said, “Even with the paucity of funds, we continue to ramp up government involvement in sectors that ought to be left to the private sector, with the latest being the ill-advised $1.5bn so called rehabilitation of the Port Harcourt refinery that has failed to turn a profit for years.
.
“What this government must realise is that the unprecedented insecurity Nigeria is facing is the result of youth unemployment.
.
“Idleness is the worst feature of unemployment because it channels the energy of our youth away from production and towards destruction, and that is why Nigeria is now the third most terrorised nation on earth.”
.
He said, “If we can get the 13.5 million out-of-school Nigerian children into school, we will turn the corner in one generation.
.
“If we do not do this, then the floodgates of unemployment will be further opened next year, and in the years to come.
.
Meanwhile, the Special Adviser to the President on Media and Publicity, Femi Adesina, says about 30 million Nigerians were unemployed before Buhari took over office.

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