An unknown man was seen on camera visiting Ladoke Akintola University of Technology (LAUTECH), Ogbomosho, Oyo State, South-West Nigeria, to return his diploma and claim a reimbursement for the money he spent while a student.
The man said he needed a return of his tuition because he had been struggling ever since he left school and the credential had not brought him any financial benefit.
“Give me my money, I am suffering,” the man lamented repeatedly in a video posted by Linda Ikeji media.
His case is not strange in Nigeria.
Statista published a report at the start of the year about the predicted Nigeria’s unemployment rate until the year 2022. According to the data, the unemployment rate was nearly 33% for the year, up 0.5 percentage points from 32.5% the year before.
Additionally, according to the NBS, about half of Nigeria’s 76,562 doctoral degree holders in the labor force were either unemployed or underemployed in 2020, according to the country’s unemployment report. According to this data, a degree up to a doctorate level does not ensure employment in Nigeria.
Although the recent huge departure of young talent to industrialized nations in search of lucrative jobs is evidence of the country’s worsening unemployment situation, this data has been rehashed in other publications on unemployment in Nigeria.
Nigeria’s working-age population has experienced a sharp increase in unemployment since 2014, which has resulted in a significant outflow of skilled employees and migrants during the past few years.