The minister of youth development, Mallam Bolaji Abdullahi, yesterday lamented the unemployment rate in the country, declaring that about 67million young people are jobless and that, of the figure, 80 per cent of them don't possess a university degree.

Bolaji, who addressed hundreds of youths at TY Danjuma Foundation's 'Career Day 2012' in Benin City, Edo State capital, however, attributed the high unemployment rate to years of failure at different levels, explaining that "lack of job is a consequence of lack of skills". The event has as its theme "Developing capacity of youths to build successful careers and businesses".

Read More Here