You Can Become The Next Billionaire, Saraki Tells Unemployed Youths
So many young graduates in Nigeria are still searching for job and it has not been easy.
Their pain has been made worse by most employers who seek people with years of experience and others who brand them unemployable people.
But the Senate President, Dr. Bukola Saraki, wants the young graduates to see the likelihood of becoming the next billionaire in Nigeria.
Dr. Saraki was at the 4th Convocation Ceremony of Adeleke University, Ede, Osun State and he addressed graduates.
He reeled out a few figures about employment and unemployment, telling the graduates that as at the third quarter of 2017, 40% of Nigeria’s labour force was either unemployed or underemployed.
But he believes that should not be a deterrent for them to aspire for the millions and billions.
"There is no reason any of today’s graduating students cannot become a Jack Dorsey, the co-founder of Twitter, net worth $5 billion?—?or Brian Chesky, a co-founder of Air BnB. Michelle Phan of the cosmetic business Ipsy is now worth $300 million - not bad for someone who first started by uploading her videos on YouTube.
"This is because Nigeria is now one of the Top three destinations in Africa for tech investors," the Senate President said.
He, however, acknowledged the need to engage the nation's teeming youths more.
"It is my firm belief that, when we can usefully engage our teeming youths, we would have gone some way towards alleviating many of the problems bedevilling our society.
"We are looking to the youth to take up the challenge and grasp opportunities, to drive entrepreneurship in the area of technology.
"On our part, we will continue to work on legislation that will allow young people to access funds for business ventures — using movable goods like cars or cellphones as collateral; and with our passage of the Company and Allied Matters Act (#CAMA), more young people can start their own companies with relative ease," he stressed.
The Senate President also wants graduating students in Nigeria to note that this frenetic activity in the technology sector in Nigeria at the moment was only a drop in the ocean, as far as the potential of the tech sector in Nigeria is concerned.
"We have about 15.5 million smartphone users in this country; that translates to only 23% of the population. At 47%, internet penetration captures less than half of the population.
"There is room for exponential growth still, and analysts are confident that FinTech, for example, has the potential to transform the financial services landscape in Nigeria over the next five years.
"We are looking to the youth to take up the challenge and grasp the opportunities, to drive entrepreneurship in this area," he added.