A significant percentage of youth in the world are currently living in developing countries. According to the Euromonitor International in 2012, sub-saharan Africa had the youngest proportion of population in the world with over 70% of the region's populace are under 30. In another report a UNFPA report in 2014 further stated development in countries with high poverty rate can be a double edged sword - influxes of money, infrastructure and health care systems are a boon to the population, but countries that develop quickly can also encounter problems with inequality between genders and classes, as well as health problems and mostly , an unprepared labor force.
Africa has seen the highest rate of population growth at about 2.5% annually and by 2050 a quarter of the world’s population will be on the continent. The increase in population, which will also be accompanied by lower mortality rates, presents the continent with an enormous opportunity, similar to the one experienced by East Asia in the second half of the twentieth century. The so-called demographic dividend is now upon Africa as well, economists say. By 2050 ten of the youngest countries in the world will be found on the continent.
A former Minister of Education, Dr Oby Ezekwesili, says Nigeria’s greatness will emerge through human capital development programmes for youths and not oil or solid minerals.
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