Unemployment, underemployment and related challenges By By Adefolarin A. Olamilekan Understandably, unemployment and underemployment remain a global problem but Nigeria is having an appropriate portion of it. Incidentally, Nigeria as a post-colonial nation has experienced many of the problems common to other nations. For instance, it began its independent existence in an enviable position of having proven reserves of oil and gas that it currently earned between $18 billion and $30 billion yearly. Moreso, it had a relatively developed infrastructure associated with primary industry development and a fully functioning administration bureaucracy at independence. However, its subsequent history is one of economic difficulty, corruption, political violence, insecurity, growing poverty and inequalities amongst its citizenry.