NBS: Buhari's govt has rendered many Nigerians jobless

By Editor on 06/06/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 466


Buhari

Approximately 5.5 million Nigerians have become unemployed in the past two years of the current administration, figures from the National Bureau of Statistics has revealed.

According to the latest unemployment report released by NBS, 351,015 Nigerians became  unemployed in the last quarter of 2016, bringing the total number of unemployed and underemployed persons to  28.58 million.

As at August 2016, 4.58 million Nigerians had become unemployed since the President Muhammadu Buhari administration took power.

That figured increased in the third quarter of 2016 to 5,134,913 as unemployment rate spiked to 13.9 percent.

But according to the latest NBS report, “In Q4 2016, the labour force population (i.e. those within the working age population willing, able and actively looking for work) increased to 81.15 million from 80.67 million in Q3 2016,representing an increase of 0.6% in the labour force during the quarter”.

“This means about 482,689 persons from the economically active population entered the labour force during the quarter.

“During the reference period, the number of unemployed in the labour force, increased by 351,015persons, resulting in an increase in the national unemployment rate to 14.2% in Q4 2016, slightly up from 13.9% in Q3,13.3% in Q2, 12.1% in Q1 2016,and 10.4% in Q4 2015″.

The Buhari administration promised  to create millions of job in 2016, but NBS figures show that the jobs created could not match the fresh entrants of the labour market.

It is worthy of note that 27.44 million persons within the economically active or working age population decided not to work for one reason or the other in Q4 2016.

There were a total of 28.58 million persons in the Nigerian labour force in Q4 2016, that were either unemployed or underemployed compared to compared to 27.12million in Q3, 26.06million in Q2 and24.5 million in Q1 2016.

 

 

Source Press Release

Posted on June, 6 2017

Share on facebook Yahoo mail icon Gmail icon


You may also like...
Black Stars, Elephants clash in AFCON final

My businesses not standing on stolen funds, Atiku...

Court rejects bail application for randy Principal who...

Leave me out of Kogi-West PDP primaries, I...

Detention: We 'll launch mass protest in Abuja...

Don’t be deceived by Buhari’s later day celebration...

Murray races to fitness ahead Wimbledon Opener

Buhari makes U-turn, cancels Niger Republic trip

Fayose: Never vote for old Presidents again *Says...
Latest News BREAKING: 40years after, Charly Boy finally weds wife, Lady D in church *Rides home on keke BREAKING: Tragedy in Lagos, as container crushes two cars Jesus fires City back to the top with a brace *Earns Guadiola's praise BREAKING: Anambra State FRSC commander, dies in auto crash Lagos gridlock: We forgo baths, good food for days, at the mercy of touts – truck drivers Two fighting: Akwa Ibom first ladies in airport brawl During Aisha Buhari's reception Obi’s debate performance, reason PDP should return to power – Tambuwal Atiku alarmed Buhari ignored Metele soldiers' burial *Belittling such fallen heroes a shame 51 Jewish worshippers docked, remanded in Umuahia prison for terrorism Linda wanted to trap Jeremi with pregnancy *Begged to be saved from shame

 

Most Read BREAKING: Atiku defects to APGA *Picks ticket for 2019 presidency *Runs with Soludo (55,701 views) BREAKING: Ronaldo, Messi, Neymar clinch final Ballon d'Or shortlist, Suarez snubbed (37,641 views) You must release Kanu, give us justice or we keep bombing – Gen. Ben (25,386 views) Seven 'killer' SARS officers arrested in Anambra for murder (22,940 views) I must redeem Ndigbo or die trying – Nwodo *We're quite uncomfortable in Nigeria (21,545 views) Biafra: I’ll lead negotiation with agitators – Okorie *Warns against force (14,596 views) Okorie to Buhari: Your gvt can’t be killing Ndigbo and offering B’Haram amnesty (14,100 views) BREAKING: Upset, as Ugwuanyi appoints Queen of 419 into cabinet (13,153 views) BREAKING: Again DSS shuns court order, hedges on Kanu's release (13,030 views) Catholic bishops to Mbaka: Your prophesies could be brain wave (11,712 views)

 

News Appointments (194) Business (291) Crime (835) Economy (511) Education (190) Entertainment (139) Fashion and Style (33) General (359) Health (388) Inside Africa (265) Interviews (17) National (931) Politics (2818) Press Releases (3) Religion (171) Security (1348) Sports (2262) Technology (25) World News (484)

 

CBN banner advert

Chelsea Outdoor

Veleta banner

FRSC Officials vs Woman Driver on highway

 

 

Newsletters Subscribe to Whirl Wind News newsletters today and get breaking news and updates delivered to your mailbox!

Sign up

 

Advertisement