Claim 1: A presidential aspirant for 2023 general elections has claimed that Nigeria has a combined unemployment rate (unemployment and under-employment) of 55 percent. Claim 2: He also claimed that 60% of Nigeria youths are unemployed (unemployment and under-employment Read More
Between 2018 and 2020, the number of Nigerians active in the labour force plunged by 20 million, the World Bank has said. The bank said this in a report titled ‘Of roads less traveled: Assessing the potential for Read More
Many Nigerians are expected to fall into the poverty amid rising unemployment in the country, the Nigerian Economic Summit Group has said. The NESG, a private sector-led think-tank, noted in its economic report for Read More
Bad governance is likened to the unfavourable relationship between those who govern and those who are governed which eventually results in negative consequences. The failure in governance in Nigeria, one of the world’s most Read More
Despite the suspension of crypto trading in Nigeria, amidst regulatory works, Nigeria is leading the Bitcoin P2P trading in Africa in the first quarter of 2021. Between January and March, Nigeria posted a peer-to-peer (P2Read More
A pan-African survey research network, Afrobarometer, have identified 10 major woes of Nigerians saying corruption, unemployment, insecurity tops the chart. Afrobarometer provides data on African experiences and evaluations of democracy, governance and quality of life. Read More
APC leader and presidential aspirant, Bola Tinubu recently advised President Muhammadu Buhari to enlist unemployed Nigerian youths into the army to help fight insecurity. “Recruiting 50 million young Nigerians into the army will cut off terrorism Read More
Nigeria’s unemployment rate at the end of 2020 increased by 6.2 percent in the fourth quarter from 27.1 percent recorded in the second quarter of 2020. The increase, 33.3 percent, indicates that about 23,187,389 (23.2 million) Nigerians remain unemployed in the Read More
According to data collected from the National Bureau of Statistics, the unemployment rate of Nigeria has grown by 445 percent in the last 10 years. While the nation still combats economic instabilities within the year in view, Read More
In 2019, Nigeria’s unemployment rate stood at 23.1 percent of the workforce in the third quarter, up from 18.1 percent of the previous year. In 2020, Nigeria’s unemployment rate came in at 27.1 percent, Read More
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