Rising inflation global phenomenon, says GTCo Bank chief

He said there is no where there is no unemployment in the world and urged the youths to arm themselves with the right skills for the job of the future.

“I don’t think wherever you go in the world there is unemployment, we have to deal with our unemployment; we have to have young people who are coming out of schools armed with the right skills so that they can live in a digital world.

“Those that travelled out of the country went to school here, obviously we have given them right skills and they are employable abroad so if you are employable abroad you should be employable here too.

“The whole world is fighting inflation so let’s not single out Nigeria. In America, they hit the 10per cent; in England inflation is hitting 10per cent too. All over the world, inflation is what we are contending with and as a country, we are battling it just like everybody else you can see that NPR rate went up, this is part of steps taken to douse inflation, so Nigeria is not unique in having inflation at this time.”

The Nation