Tag: unemployment

Cheta Nwanze: Nigeria’s time bomb

Nigeria has one of the youngest populations in the world with a median age of 18 years 7 months, which means that we are the 20th youngest out of 230 countries in the latest rankings. Yesterday’s unemployment numbers published by the National Bureau of Statistics placed the unemployment rate among[Read More…]

Over 23 million Nigerians unemployed as unemployment rate hits 33.3% – NBS report

The number of unemployed people in Nigeria has increased by 1.4 million in six months according to the National Bureau of Statistics (NBS). According to the report, a total of 2,318,389 million Nigerians are willing to work but cannot find work as of December 2020. The Labour Force Statistics report[Read More…]

Senate President says there will be another protest if unemployment isn’t handled

Senate President Ahmed Lawan on Monday says Nigeria might face another #EndSARS protest if government fails to effectively address the issue of youth unemployment. Lawan said government should make provision in its national budget to meaningfully engage the youths noting that there was the need to be more practical with[Read More…]

Victor Ejechi: Nigeria added 7,999 PhD holders to the unemployment market in 21 months

The National Bureau of Statistics (NBS) just released the Unemployment and Underemployment Report for Q2-2020, and once again the data showed alarming figures for the unemployment rate in Nigeria, reporting a national unemployment rate of 27% and Underemployment Rate of 28.6%. That’s enough to cause stomach upset, but that’s not[Read More…]

Nigeria’s unemployment rate has risen to 27.1% – NBS report

The National Bureau of Statistics has finally released data on the nation’s unemployment rate after a 20-month interval, saying the unemployment rate rose to 27.1 per cent in the second quarter of 2020 from the 23.1 per cent recorded in Q3 2018. The NBS, in its ‘Labor Force Statistics: Unemployment[Read More…]

“The richest youth of the world, are not employees of government ” – FG tells unemployed graduates to seek employment outside govt

The Federal Government has advised unemployed graduates who are seeking government jobs to look elsewhere, saying there are more sustainable lucrative ventures outside their focus. The Minister of Labour and Employment, Dr Chris Ngige, said this during a Townhall Meeting on Popularisation of blue/green collar jobs among graduates of tertiary[Read More…]

Why Nigeria’s unemployment situation remains ‘frightening’ and could become ‘catastrophic’

Nigeria overtook India as having the largest number of people living in extreme poverty — 87 million — according to the Washington-based Brookings Institution. Then the country’s National Bureau of Statistics (NBS) reported that, “As of Q3 2018, the calculated unemployment rate was 23.1 percent, the underemployment rate was 20.1 percent, and[Read More…]

Nigeria’s Unemployment Worsens, Four in Ten People Are Unemployed Or Underemployed

Nigeria may have Africa’s biggest economy, but four out of every ten people in the country’s workforce were unemployed or underemployed by the end of September, the government statistics office said on Friday. The regional power climbed out of its first recession in a quarter of a century in the[Read More…]

The Circle of Poverty And How Nigerian Job Seekers Are Paying The Price

By Mercy Abang   Five years ago, Akin-Jide Ojo, then 23, completed his tertiary education at the Ladoke Akintola University of Technology, Ogbomosho, in Oyo State Nigeria. He proceeded to serve as a youth corps member in Taraba state living on stipends during the mandatory service year conferred on all[Read More…]

National Bureau of Statistics : 11.2 Million Nigerians Are Now Unemployed, Increased Number Since APC Took Over Office

The National Bureau of Statistics (NBS) says 11.2 million Nigerians are now unemployed. According to the latest unemployment and underemployment report, released by NBS on Thursday, a total of 554,311 persons came into the unemployment bracket within the third quarter of 2016. The report also showed that 15.9 million Nigerians[Read More…]