President Muhammadu Buhari has openly told Nigerian graduates that earning a university degree was no longer an assurance for employment.
Buhari who stated this, said that the degree was something that would help the graduate to face the challenges of life.
President Buhari, represented by the Minister of State for Education, Professor Anthony Anwuka stated this at the 13th convocation ceremony of Nnamdi Azikiwe , for the conferment of higher degrees, postgraduate diplomas and honorary degrees.
Buhari vowed that the current government would continue to address youth unemployment and underemployment in the country.
He called on the youths to embrace the opportunities the Federal Government had put in place to mitigate the situation.
He said, “You are cautioned that university degrees do not usher you into an El Dorado.
“It rather equips you with the competence to grapple with the ever-changing challenges of life of which youth unemployment is a vexatious part.
“The Federal Government will remain undaunted in tackling the challenges of youth unemployment and underemployment through a matrix of initiatives.
“Such initiatives include N-Power, the Bank of Industry Youth Entrepreneurship Support Programme and the Central Bank of Nigeria and Bank of Agriculture support schemes.”