NIGERIAN UNEMPLOYMENT CRISIS

Youth unemployment is a global crisis, a problem that has led to frustration, robbery, killing, death, suicides, terrorisms, (boko Aram in Africa and ISIS, ISIL in the median East) lost of investments, lost of properties and many more. The National Bureau of Statistics (NBS) on Tuesday said that 54 per cent of Nigerian youths were unemployed in 2012. - See more at: http://www.vanguardngr.com/2013/12/54-nigerian-youths-unemployed-2012

FUTURE SHOCK

 The advice ‘go to school, graduate with good grades and get a high paying good job’ will no longer work again.

For the first time in the history of Nigeria, by 2025, many will believe their children will not do better financially than them by sending them to our traditional school.

This year 2015 presidential election, all the parties’ candidate promised millions of job creation to all Nigerians during their manifestos but to our greatest surprise, we will discover that they can never achieve it.How can it happen when Nigeria factory workers earn less #428 per day? Many Nigerians are happy when they hear about the upcoming change but many has not thought it that how much wages/salaries will this so called up-coming industries be able to offer us in the long run.

And many Nigerians are still pleased and comfortable with the state of poverty, what a understanding generation we have. Yet government still syphon them for their own Interest.

In our country, education is becoming more vital than ever. Our schools provide the vital function of training skilled workers to support the Nigerian economy. For instance, school train doctors, engineers, lawyers, cooks, police officers, construction workers, bankers, accountants, teachers, social workers, military personnel, mechanics, and managers, who are all important to a civilized world country.

Yet as the global economy contracts, how many of this people, educated or uneducated, will find jobs or have already found job? In April of 2014, a statistic shows that to greater than70% of Nigerians graduating class was unable to get a job while 15% didn’t find a meaningful employment. 6% found jobs, but are underemployed and the rest percent found a fulfilling job.

Punch shows last two months that 1.8million graduates enter the labor market every year in the last 10years and found no job in a country where more than 40million people are unemployed, what a tragedy?

In our schools, you discover that a classroom that is built to make just 500students to learn comfortably, more than 2500student will be receiving lectures in that same capacity.

Same also with the outside walls of schools in Nigeria. Government will only have provision to employing just 20,000 graduating students for instance but put more than 1.8million students for training in the school and you don’t have to be a professor in mathematics to know others that will be remaining without a job, what a disaster the government are piling-up for this great nation.

The question then is: what kind of education is important in our days?

And I believe government has also “bam bus” parents to see that without the system of education they have created their child cannot succeed in the real world. Because, why do we have parents say to their kids often; “go to school to get a high paying job”, when there is scarcity in job creation.

Why become an engineer or attorney when technology makes it possible to hire accountants & attorneys from the developed nation? OR

Why talk in job security when advance in technology make some jobs obsolete? And why is there so little or not at all, financial education taught in our schools?

Do you know that the 85richest guys in the world today have a combined wealth of 35billion people in the world where our global population is about 7billion people. Going to school doesn’t guarantee wealth. The richest people are entrepreneurs not employees. And our system of education is designed in a way to create plenty of employees than entrepreneurs. Be financial intelligent. GAI is ready to give you all you need to break free from all financial struggles.

               GAI: Giving you Financial Headstart

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ECONOMY PROPHESY FOR 2025

ECONOMY PROPHESY FOR 2020

In this coming decade, there will be a severe collapse in World economy. There will be a great increase in robbery, corruption, unemployment, death rate, birth rate, poverty, health failure, struggle, and a lot of people will lose their homes. A lot of people will also lose their jobs. Illiteracy will increase greatly. The educational sector will breakdown. A lot of youth will not like to go to school anymore. Hawking on our road, streets and roadside stealing will be of a high increase. A lot of companies will prefer to use technology than human resources to carry out their daily operations which will lead to a lot of job lost and unemployment rate will rise greatly as a result.

Parent will push their children out to do all kind of unproductive job in other to feed. A lot of pensioners will lose money and government will not be able to pay pensions or even be able to cater for their citizens. Hardly will an average Nigerian be able to live on a dollar per day anymore. Because there will be an increase in our standard of living. Nigerian will import more and export less there by raising our currency (Naira) value to a very high amount.

Disparity or division will come in between Christians and Muslims. Islamic banking idea which will soon be created will only give arm to people if and only if they are ready to be numbered or called a Muslim. There will be serious crisis among our Christian and Muslims leaders. The three tribes (Igbo, Hausa and Yoruba), Hausa will first raised a suggestion for Nigerian to split into their tribe region so that there will be three presidents ruling our nation.  Cost of food will increase. A room will cost hundreds of thousands. Building houses then will be so difficult. Dangote will not be the richest man in Africa then. Our oil sector will no longer generate huge income for us again. Oil will crash. The genuine Christians will flourish like a palm tree then.

2025 will be one of the toughest seasons of hardship and labor. His new Excellency Mohammed Buhari will be confused himself at a particular time, and he won’t be able to resolve these crisis. The change APC party, is hammering will then be reviewed in it true state, a lot will then discover that it crisis and not change. Fighting of corruption which is the very first missionof the new president, will bring about the increase the more because the real people in the center of corruption are families & friends to his Excellency. And corruption is not even the problem of our nation. It’s just a symptom of the problem.

There will be some strange happening like death of top leaders in the government. The youth will become very wild and hunger will increase.

WHY THESE ENTIRE CRISIS?

There are twenty four (24) major causes but I will only share one major part of it in this article, which is:

NIGERIAN SYSTEM OF EDUCATION

I was in a lecture theater one day at school in FUTA, the lecture was boring since the lecturer could not correctly link the course subject to how it relate to us in our world now. After the lecturer was through with all the jargons, five (5) of the smartest students (as school implies) asked questions based on what the lecturer has thought. Then came my time to ask my own question: the whole auditorium was silent, and I said; “Sir, why is money not part of the subject or core course to be taught in school?” to my and every one greatest surprise, he couldn’t answer the question. He has to just give us one or two excuses and tell us to forget about it. But one thing that was common with his reply that I also got from majority of our lecturers as time goes on was; you see...

“You just come to school, get a very good grade, if not excellent grade out so that you can get a good job.”

WHY GO TO SCHOOL?

This mindset in our so called teachers mind lead me to ask; is money not the reason for getting a job? If the answer to my question is yes, that is, money is the objective for getting a job, why not get right to the point and just teach us about money? As my financial mentor will say. My questions were never answered.

Then another vital relevant information we need to consider about schooling is :“is schooling really preparing people or the future leaders for the real world?” the answer is capital “N” and capital “O” meaning No. My financial mentor said and I quote him;

“It seems to me that the school system cannot admit they are not preparing children for the real world. That would be admitting to failure-and we all know what failure means in the school system”.

The reason why school will think and say a student is not smart is just simply because the student is not doing what school tells him/her to do. That is why people like Thomas Edison (Founder of General Electricity), Bill gate (Founder of Microsoft) Mark Zuckerberg (Founder of Facebook), and lot more didn’t finished from school because the system will have successfully succeeded in crushing the greatness in  them.

In short, schooling is the major cause of the global crisis today because our school system is training all students to be employees. And if there is no job, they become useless and irrelevant. Our system of education will remain the only reason why majority will remain employees or unemployable. Also, when lecture notes are review in schools, you discovered that many notes are out dated-1995, 1990, 1998, 2000, 1884... Last reviewed. So, fresh students comes into the system of education to be trained on the discoveries of the past, I mean, as it was discovered not as it is discover now. A lot of teachers are aged 60s and above, what would they be teaching? History or what? In a technology world where life has being made easy for us. 

Albert Einstein said, “Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”

If our system of education says you are an “A” student, note, you can never be financially free in the real world because the real world will score you “D”. Meaning the best you can be is an employee of another man’s organization and if you wake-up to reality in time, you may at best be self employed. So, you have only been successfully trained on how to labor for others. And when nobody needs your labor any more, you become a salt that has lost its saltiness or a shrink orange without substance anymore. You are trapped because until you work for others, you can’t earn any income for yourself.Even if you get a job, the boards or CEO of the organization will be enjoying the money school made you a machine to print for them.

Wake-up friends before it is too late schooling is a trap; don’t put all your eggs in its basket. Don’t trust the system whole heartedly. I am not asking you to drop out as Bill Gate does but I am asking you to be vigilant enough to train yourself with same knowledge or information the rich have.

Do you know the education the rich teaches their children is not what is available in our school systems? Not even in private institutions.

Soon all eyes will be opened to see that education is the major cause of the global crisis, simply because as my financial mentor will say:

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Schools are more focused on greed not generosity

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 Schools teach little to nothing about money

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Schools are about finding a high-paying job rather creating high-paying jobs

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Schools are about “how much money can I make?” versus “how much money can I make serving others?”

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Schools are about job security rather than financial freedom. Which is why most employees live in fear of “losing their job”

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Schools are about climbing the corporate ladder rather than how to create companies and corporate ladders.

         

                              GAI: Giving you Financial Head Start

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