Abstract
For many years the people of Nigeria especially since independence have been yearning for development. Any meaningful development anchors on very many indices – strong institutions, availability and good management of resources. Resources in itself comprise of human and natural resources. However, the development processes are sabotaged by socio-economic challenges, which include hunger, poverty, unemployment, poor health, illiteracy, corruption, greed, insecurity, among others. The paper concludes that for a meaningful development, and for the youths to be part of the global system, the Nigerian state must arrest and address the issues of poverty, unemployment, corruption, greed, besides provide free health and free education to all at all levels. Today good education is power. The youths must work hard, be focused, be curious and ready to sharpen their intellect and create ideas that must be revolutionary for them to claim the future
Keywords: Contemporary challenge, Nigerian development, Socio-economic, Youths
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