Unemployment rate obasanjo warns nigeria looming danger

It appears you're referring to a news article or statement made by former Nigerian President Olusegun Obasanjo regarding the unemployment rate in Nigeria and the looming danger it poses.

To provide more context, the unemployment rate in Nigeria has been a significant concern in recent years. According to the National Bureau of Statistics (NBS), the country's unemployment rate stood at 23.1% in the fourth quarter of 2020, with the youth unemployment rate being even higher at 34.9%.

Former President Obasanjo's warning suggests that he believes the high unemployment rate poses a significant threat to the country's stability and development. He may be highlighting the potential consequences of a large and growing pool of unemployed youth, including increased social unrest, political instability, and economic stagnation.

It's worth noting that the Nigerian government has implemented various initiatives aimed at addressing the unemployment crisis, including the establishment of the National Youth Employment Scheme and the creation of jobs through infrastructure development projects. However, more needs to be done to address the root causes of unemployment and provide opportunities for young Nigerians to gain meaningful employment.

Would you like me to provide more information on the unemployment rate in Nigeria or the initiatives being implemented by the government to address this issue?