The harsh economic situation currently facing the country may have forced about 3.67 million Nigerians into the unemployment market within a one-year period covering October 2015 to September 2016, figures obtained from the National Bureau of Statistics have revealed.
According to an analysis of the unemployment report for the period, the number of unemployed Nigerians rose from 7.51 million in the beginning of the October 2015 to 11.19 million at the end of September 2016.
He added, "The government should come up with policies that would encourage investors to set up plants in Nigeria for production rather than spending money importing all these items that are depleting our foreign exchange reserves "The government should also reduce the interest rate to make funds available to critical sectors of the economy such as agriculture, manufacturing and others.
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