Why Nigerians are scared of retirement – CBN

The Programme Director of the North Central Zonal Outreach of the Central Bank of Nigeria Entrepreneurship Development Center (CBN-EDC), Professor Cashmir Obialom,  said civil servants are scared of retirement because they have not embraced entrepreneurship which could secure their future.

Cashmir who delivered an entrepreneurship talk at Independence Day Party organized by ATM Beauty Empire in Minna, said after retirement, the future of the civil servant is unsecured as their gratuity and pension is not been given as at when due.

He said entrepreneurship can secure the future of every civil servant and individuals, and urged  civil servants to acquire a skill that will help them to be entrepreneurs.

“Nigerians are afraid of retirement because they do not know what is next after retirement especially when their gratuity is not being given to them on time.”

Cashmir said entrepreneurship is the only solution to the increasing rate of unemployment in the nation, lamenting that most of the youths are not ready to go into entrepreneurship. “The problem with Nigeria youths is that they do not like wasting their time and they remain jobless because they do not value time.”

In her address, the Director, ATM Beauty Empire, Antonia Asabe Moses, said  the programme is intened to encourage the youths into exploring their talents and embracing entrepreneurship as well as to celebrate the nation’s 57th independence day.

She sued for peace and unity among Nigerians, saying although conflict was inevitable, the ability to resolve conflicts would go a long way in keeping the nation together as one entity. “Conflict is inevitable, it always comes. The ability to resolve conflict is what is  necessary for us as a nation . We need to have respect for each other and value every tribe, religion and culture.”

She urged youths to stop looking for white collar jobs, adding that the nation is in need of the services the youths can offer, especially as so many gifts and talents are wasting in the nation.

“Stop waiting for the government. Stand up and do something. The world and our nation is waiting for the manifestation of your gifts and talents,” adding, “we can build up Nigeria if we embrace entrepreneurship.”