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South East Unemployment A Ticking Time Bomb-Leo Stan-Eke
Leo Stan Ekeh

South East Unemployment A Ticking Time Bomb-Leo Stan-Eke

Top-rate Entrepreneur,Leo Stan Eke has revealed that the Federal Government has todo something urgently to reduce the unemployment situation in the country which he has called a ticking time bomb.

He made this call at a two-day convention organized by the Owerri People’s Assembly, an apex socio-cultural organization held in Owerri, the Imo State capital.

In attendance were a host of dignitaries from the state including renowned politician and businessman, Chief Emmanuel Iwuanyanwu; Deputy Governor of Imo State, Prince Eze Madumere; First Lady of Ondo State, Mrs. Betty Akeredolu; former Min. of Education, Prof. Chinwe Obaji and Senator Chris Anyanwu, among several others.

Ekeh, who was the Chairman of the occasion stated “The problem of massive unemployment facing the South East region is one that requires concerted efforts from the Federal Government and other stakeholders. A situation in which thousands of qualified graduates, most of them with upper class degrees, are still looking for their first jobs 10 or 12 years after leaving school, is highly worrisome. It is a suicidal situation; one that will potentially explode in disastrous consequences, if not immediately addressed.

“If you rely on statistics, there are over a million of such unemployed graduates in the South East. Having such a huge number of active yet unengaged youths concentrated in the region is a serious cause for concern and the Federal Government has a role to play in nipping this situation in the bud.”

While disclosing that a lot is being done by private individuals and entrepreneurs from the region to ameliorate the situation, Ekeh noted that this was grossly insufficient and urged the Federal Government to partner with such well-meaning Nigerians to achieve more.

“What is required is a joint effort to save our youths. In reality, the State Governments cannot do it alone. Also, a number of entrepreneurs, businessmen and other well-meaning Nigerians from the region are equally doing their best but it is hardly enough. Personally, I have been quietly supporting the Imo State Government for many years in creating employment opportunities for youths in various communities in the state. These investments often exceed the sum of N1bn annually but it is like a drop of water in an ocean.

“The Federal Government must come to the aid of these youths by partnering with other well-meaning individuals from the state in creating platforms that will generate employment opportunities for the unemployed and equip them with the right mindset and confidence to take their place in today’s knowledge economy,” he advised.

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