Crime rate among Nigerian youth has assumed a worrisome dimension, today. If the current trajectory in crime rate among these youths is allowed to continue unabatedly, the future of Nigeria and its productive army is clearly on the path of destruction.
National Rescue Movement, NRM, National Chairman, Ambassador Isaac Ude said infrastructural and economic development will help reduce crime rate in the country as well as assisting security agencies in the discharge of their duties.
The National Chairman of National Rescue Movement, NRM made this statement while delivering speech to the coalition of Nigerian youth who paid him a solidarity visit in his office
Ambassador Ude has said job creation is the best solution to reduce insecurity, banditry, kidnappings and other criminal activities in the country. He said without job creation it will be hard for Nigeria to reduce insecurity, especially crime.
The NRM, National Chairman said the essence of the governance is to create jobs so as to reduce insecurity and other crimes. “If we don’t create jobs, we will not reduce insecurity and criminals in Nigeria. The NRM government and administration will create job opportunities in all sectors so as to reduce insecurity and crimes.
“The problem of Nigeria today is that the rich men and political parties that had governed this country from the beginning to day, they have not handle the economy well to create jobs. Ambassador Ude stated.
If the past and present administrations had provided good economy through massive jobs creation in a good manner, by now we will have few criminals in Nigeria” He noted that the rich men have mismanaged the resources that are supposed to be for the benefit of the common man. “If the rich didn’t allow the poor to sleep, so also the poor will not allow the rich to sleep, both will be awake,” he cautioned.
According to the Chairman, National Rescue Movement, NRM government and administration will focus on wealth creation by creating jobs for the unemployed youths, so as to eradicate social vices and youth restiveness in the country.
Nigeria’s booming population requires more and better Jobs to reduce crimes and poverty. With over 200 million people and high rate of population growth. The rise of Crime, poverty and insecurity in Nigeria. There is needs to create 70 to 80 million additional jobs between 2023 and 2033. To reduce poverty, eradicate Crimes and promote more inclusiveness, these jobs need to be more productive and provide higher incomes than the country’s jobs today. Amb Ude stressed.
According to NRM Chairman, Amb Ude, here are the job creation strategies:
Reduce Interest Rates.
Spend on Public Works.
Spend on Unemployment Benefits.
Cut Business Payroll Taxes for New Hires.
Defense Spending and Job
When to Use Expansionary Fiscal Policy.
Job Creation Statistics.
Growing unemployment especially among the young has been one of the worst consequences of the current economic and security crisis Nigeria is facing. Youth unemployment has risen to an unprecedented high in the country. National Rescue Movement, NRM focus will be on jobs creation.
The Strategies will be :
Pursuing different growth-friendly fiscal consolidation
Ensuring long-term financing of the real economy
Promoting sustainable growth through more competitiveness and investments
Tackling unemployment and the social consequences of the crisis
Modernising Nigerian public administration
Technological and skills development.
Building and establishing of industries and factories both local and foreign direct investment.
Boosting of local content, best option for job creation said, National Rescue Movement, NRM Chairman, Ambassador Isaac Ude, revealed.
Local content refers to a set of actions, local recruitment, training, purchases of local goods and services – that are designed to develop the industrial infrastructure and skills of the people in the country that host businesses or projects.
Local content is generally measured as a percentage of investment, hours worked, the equipment manufactured or the number of jobs created. Increasing the local content of projects is a way of enhancing skills and building industrial capacity in host countries. This in turn spurs economic and social growth.
Industry players, especially the foreign ones, are expected to align their local content programmes with the project’s technical characteristics and local industry. They are based on assessments of the industrial context, available skills and stakeholder expectations to identify and develop local resources. Ambassador Ude, explained.
The root cause of Nigeria problems today, NRM National Chairman enumerated
42 years ago, precisely on 01/03/1980 the exchange rate was:
$1 = 0.78k
But today the exchange rate is
£1 = ₦783
$1 = ₦560
€1 = ₦670
Well, Nigeria were far more productive in 1980 than we are today.
In 1980 the key reasons for economic growth were as follows:
Nigeria were a net exporter of refined petroleum products. Today we import all our refined petroleum products.
Nigerians rode in locally assembled cars, buses and trucks. Peugeot cars in Kaduna and Volkswagen cars in Lagos.
Leyland produced trucks/buses in Ibadan and ANAMCO in Enugu also produced buses and trucks.
Steyr in Bauchi produced our Agricultural tractors. And it was not just Assembly, we were producing many of the components:
Vono products in Lagos produced the vehicle seats.
Exide in Ibadan produced the batteries, not just for Nigeria but for the entire West Africa.
IsoGlass and TSG in Ibadan produced the windshields.
Ferrodo in Ibadan produced the brake pads and discs
Dunlop produced Tyres in Lagos and Mitchelin Tyres were produced in Port Harcourt. And I mean tyres produced from rubber plantations located in Ogun, Bendel and Rivers State.
Nigerians were listening to Radio and watching television sets assembled in Ibadan by Sanyo.
We were using refrigerators, freezers and Airconditioners produced by Thermocool and Debo.
Nigerians were putting on clothes produced from the UNTL Textile Mills in Kaduna and Chellarams in Lagos. They were Not from imported cotton but from cotton grown in Nigeria.
Our water was running through pipes produced by Kwalipipe in Kano and Duraplast in Lagos .
Our toilets were fitted with WC produced in Kano and Abeokuta.
Nigerians were cooking with LPG gas stored inside gas cylinders produced at the NGC factory in Ibadan.
Our electricity was flowing through cables produced by the Nigerian Wire and Cable, Ibadan; NOCACO in Kaduna and Kablemetal in Lagos and Port Harcourt.
Nigeria had Bata and Lennards Stores producing the shoes we were putting on. The shoes were not from imported leather but from locally tanned leather in Kaduna.
Nigerians were mainly flying our Airways, (the Nigeria Airways), to most places in the world. The Nigeria Airways was about the biggest in Africa at the time.
Most of the foods we ate were grown or produced in Nigeria.
Nigeria were producing all of the above and many more in 1980.
Today, Nigeria import almost everything. Isn’t that alarming?
There lies the source of the terrible exchange rate we are experiencing today and adverse crime rates in the country and youth unemployment.
Questions Nigerians need to answer
What are we producing now?
What role are our so- called Leaders/ Politicians of today playing?
2023: Nigeria on the match again, our dear Politicians needs to answers the questions above.
National Rescue Movement, NRM will rescue Nigeria from the current socio-economic challenges and National maladies with massive creation of jobs by growing local content (home grown economy). He stated.