Time Bomb:Unemployment In Nigeria
Obasanjo who spoke during a workshop on “ Economic Diversification and Revenue Generation” organized by the Ogun state government and Revenue Mobilization and Fiscal Commission, complained about the high rate of unemployment, which he said agriculture could solve.
For too long the nation has been sharing revenue from only one source which is oil and the time has come for the governments to devise ingenious ways of expanding their revenue base by venturing into agriculture ,tourism, manufacturing etc
Governor Ibikunle Amosun, while declaring the workshop open, called for a review of the revenue sharing formula, saying that the allocation of 26 per cent for states is too small for any state to engage in developmental project.
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