How to end youth unem­ploy­ment – Saraki

Daily Trust - - NEWS - By Is­mail Mu­dashir

Se­nate Pres­i­dent Bukola Saraki, yes­ter­day said youth unem­ploy­ment can be cur­tailed through col­lab­o­ra­tive pol­icy and leg­isla­tive thrust that would im­prove ac­cess to fi­nance and de­velop ba­sic in­fras­truc­ture.

In a state­ment by his Spe­cial Ad­viser on Me­dia and Pub­lic­ity, Yusuph Olaniy­onu, the Se­nate pres­i­dent noted that the in­abil­ity to ac­cess fi­nance, in­ad­e­quate power sup­ply and the na­tion’s cur­rent un­der­de­vel­oped trans­port sys­tems, hin­der mil­lions of un­em­ployed and un­der-em­ployed youth from start­ing small busi­nesses.

“Right now, it clear that no arm is of gov­ern­ment can go at this alone. On our end in the 8th Se­nate, we are work­ing to cre­ate new forms of cap­i­tal, through the pas­sage of Bills like the Se­cured Trans­ac­tions in Mov­able As­sets Bill that will al­low young peo­ple to use their por­ta­ble as­sets; like cars and lap­tops as col­lat­eral for loans to start small busi­nesses,” Saraki said.

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