President Muahammdu Buhari has identified poverty as the major cause of Nigeria’s security challenges.
According to the President, the insecurity in the North-East, abduction for ransom in the South and the sabotage of the oil industry in the delta region have one connection or the other with poverty and unemployment.
Speaking at a dinner he hosted in honor of the visiting Alumni Association of the Indian Defence Services Staff College, DSSC, Wellingon from where he received part of his own military training, Buhari gave assurance that the revival of industries will get his serious attention the moment he finishes with the 2016 budget preparation.
“Very soon, we will sit down to see how we can rehabilitate industries. We will do this in order to clear the problem of unemployment. We are meeting after the budget to see how to revive industry and secure the economy.”
He decried a situation in which 60 percent of the country’s 64 percent youth population was unemployed.
“This is extremely dangerous for our country.”
The delegation was led to the President by the Indian High Commissioner to Nigeria, Mr. Ghanashyam and it included a number of retired Indian army generals who were course-mates of the President. [myad]