Life and Times Magazine Winter Edition 2019

Page 64

Special Feature

YOUTH UNEMPLOYMENT - Nigeria's Shame

Unless Africa trades with Africa and unless Africa invests in Africa, we're going to continue to be poor.

A

Andrew Nevin, advisory partner & chief economist, PwC Nigeria

frica's most populous nation and largest economy have a youth unemployment problem. In Nigeria, nearly a quarter of the population is out of work and 20 percent

64 LIFE & TIMES MAGAZINE

is underemployed. For young people aged 15 to 35, the figures are grim: 55.4 percent of them are without work. Creating jobs has been one of the key issues discussed throughout the 2019 election campaign.

Being young in Nigeria is "very challenging", explains Andrew Nevin, advisory partner, and chief economist at PwC Nigeria. "Graduates from university have a great deal of difficulty in getting

WINTER 2019


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