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The harsh economic situation in the country has thrown 1.7 million Nigerians into the job market in nine months, a report from the National Bureau of Statistics has indicated, according to Punch. The unemployment report, which was obtained by the newspaper on Friday, covered January to September this year. Specifically, the report showed that the number of unemployed Nigerians rose from 9.48 million at the beginning of the year to 11.19 million by September ending. The report also indicated that while the number of those employed rose marginally from 69 million at the beginning of the year to 69.47 million by September ending, the labour force population rose by 2.18 million from 78.48 million to 80.66 million. The report said that unemployment was highest for persons in the labour force between the ages of 15-24 and 25-34, representing the youth population in the labour force. For instance, it said the unemployment rate was highest for those within the ages of 15 to 24, rising f...

On Christmas Day of 2016, President Muhammadu Buhari hosted leading citizens of the Federal Capital Territory led by the minister of the FCT, Muhammad Bello, and during the visit he returned to his old habit of blaming and said, and I quote, "there was no money saved, no infrastructure built, and power is still our main problem." This is patently untrue and without mincing words, President Buhari lied. Former President Jonathan left $2.07 billion in the Excess Crude Account when he handed over to President Buhari on May 29, 2015. He also left Foreign reserves of $29. 6 billion for the incoming government in May 2015. If ex President Jonathan left no savings, with what money did President Muhammadu Buhari use to bail out those states that could not pay salary (mostly APC states) after he assumed office in May 2015? Of course the Central Bank of Nigeria did not print money! That money came from somewhere. On Tuesday the 26th of July, 2016, President Buhari commissioned ...