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No More White Collar Jobs, House Member Tells Nigerian Graduates, Youths |The Republican News

Samuel Bello, Abuja

Vice Chairman, House of Representatives Committee on Industry, Hon. Goroki Gideon, has charged graduates and youths to be employers of labour, saying that White Collar jobs are scarce.

Gideon disclosed this at the weekend during the Nigerian-China Business Exchange Platform held in Abuja.

He said the era of White Collar jobs are gone, adding that graduates and youths need to be their own bosses by creating their own small and medium scale enterprises (SMEs).

He said in China and India, SMEs contributes over 40 percent of revenue to the GDP, adding that it has been responsible for the success of SMEs as the major driver of employment, income and prosperity.

According to him, “The success of SME in China has positively affected macro-economic planning and development to such an extent that China’s export-import bank today provides funding for many capital/infrastructural projects around the world,  especially in Africa, South East Asia and Latin America.”

Earlier, the Executive Director, Center for Entrepreneurial Exchange Development (CEED), Mrs Uchechukwu Chisom, said the vision of the centre for Nigeria is to tap into the creativity of Nigerians as they have the potential to uplift humanity.

“Nigeria-China Business Exchange Platform is an avenue for Nigeria business community to be enlightened on ease of doing business with Chinese counterpart and high-level discussions on economic and investment cooperation, business to business interaction and harnessing of ideas for the development of Nigeria,” she said.

Chisom added that with technology, the centre is “constantly inventing and reinventing new tools, techniques, and technologies.” The Sun

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Over 91 Million Nigerians Now Desperately Poor – World Poverty Clock |RN

Nigerian-kids

Nigerian kids

Eniola Akinkuotu, Abuja

 

The number of extremely poor Nigerians has risen to 91.6 million, according to the World Poverty Clock.

This implies that virtually half of Nigeria’s population now live in extreme poverty.

The World Poverty Clock had named Nigeria the poverty capital of the world last June when it revealed that Nigeria had 87 million people living in poverty.

The latest figure shows that an additional four million Nigerians have since fallen under the poverty line.

The report adds that six Nigerians become poor every minute.

The World Poverty Clock is a tool to monitor progress against poverty globally.

It uses publicly available data on income distribution, production, and consumption, provided by various international organisations, most notably the United Nations, World Bank, and the International Monetary Fund.

According to the World Poverty Clock which was created by Vienna-based World Data Lab, 91.16 million Nigerians were living below a dollar a day as of February 13, 2019.

The World Bank says a person can be said to be living in extreme poverty if they live below the poverty line of $1.90 which translates to N693.5 per day.

The President Muhammadu Buhari government had last year rejected the report, insisting that it had created jobs especially in the area of agriculture and reduced poverty.

However, British Prime Minister, Theresa May, reiterated the statistics during her visit to Nigeria last year.   (Punch)

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