The number of Nigerians active in the labour force plunged by 20 million between 2018 and 2020, the World Bank has said.

The bank said this in a report titled ‘Of roads less travelled: Assessing the potential for migration to provide overseas jobs for Nigeria’s youth.’

It said prior to the significant drop in active labour force recorded between 2018 and 2020, there was considerable growth in the working-age population and the active labour force population from 2010.

According to the report, the country is currently going through one of its worst unemployment crises in recent times.

It said, “Between 2014 and 2020, Nigeria’s working-age population grew from 102 million to 122 million, growing at an average rate of approximately three per cent per year. Similarly, Nigeria’s active labour force population, i.e., those willing and able to work among the working-age population, grew from 73 million in 2014 to 90 million in 2018, adding 17.5 million new entrants to Nigeria’s active labour force.

“Since 2018, however, the active labour force population has dramatically decreased to around 70 million — lower than the level in 2014 — while the number of Nigerians who are in the working-age population but not active in the labour force has increased from 29 million to 52 million between 2014 and 2020.”

The World Bank said the expanding working-age population, combined with scarce domestic employment opportunities, was creating high rates of unemployment, particularly for Nigeria’s youth.


It said due to the rate of unemployment and other socio-economic challenges facing Nigerians in the last 10 years, there had been a massive increase in the number of citizens seeking asylum and refugee status in other countries.

The report said, “Combined with significant demographic changes and increased aspirations of the youth, Nigeria’s unemployment crisis is creating migratory pressure in the economy.


“Unemployment is considered to be a key driver of migration. Consequently, multiple surveys show that the number of Nigerians who are looking to migrate internationally is high and increasing.”

It said the number of international migrants from Nigeria had increased threefold since 1990, from 446,806 in 1990 to 1,438,331 in 2019.

The report said notwithstanding this trend, the share of international migrants in proportion to Nigeria’s population had been considerably constant, with slight increase from 0.5 per cent in 1990 to 0.7 per cent in 2019.

“An important trend that is observed in the data is the rise in the number of refugees and asylum seekers from Nigeria. The share of refugees and asylum seekers from Nigeria has increased drastically in the last decade, growing from 27,557 in 2010 to 408,078 in 2019,” it said.

The bank noted that although the country seemed to be reaping dividends from the success of its citizens in the diaspora, which contributed five per cent of its Gross Domestic Product in 2019, “the narrative around international migration to the discourse on international migration is worrisome.”

“What is worrying, however, is the increase in the number of forced and irregular migrants from Nigeria,” it added.


https://punchng.com/nigerias-active-labour-force-lost-20-million-in-two-years-world-bank/?

It is now official, Buhari has destroyed Nigeria beyond redemption. The only thing remaining is to bury Nigeria

Our Daddy

We are proud of your achievements


Keep up the good work, Sir.

Waiting for advocate and msg gers to defend this figure.
Lalasticlala.

TarOrfeeek:
Our Daddy

We are proud of your achievements


Keep up the good work, Sir.

Your daddy is really doing well

iwaeda:

Your daddy is really doing well

It's not easy to achieve this. Nigeria has been winning crowns since Buhari came in as President.

He wlll crown it all with the sale of Nigeria by 2023.

Buhari is doing well

What you say I can my hear ?

Fahdiga:
It is now official, Buhari has destroyed Nigeria beyond redemption. The only thing remaining is to bury Nigeria

Na True, how many jobs has your state created since 2015, & in what sectors of comparative advantage?

psucc:
It's not easy to achieve this. Nigeria has been winning crowns since Buhari came in as President.

He wlll crown it all with the sale of Nigeria by 2023.

God will not allow him and his vuvuzelas!

psucc:
It's not easy to achieve this. Nigeria has been winning crowns since Buhari came in as President.

He wlll crown it all with the sale of Nigeria by 2023.

President Buhari should come & create jobs for you? What happened to your state Government ? You can relocate to Katsina & be an Almijiri, since your people cannot help you?

favor914:
Na True, how many jobs has your state created since 2015, & in what sectors of comparative advantage?

Buhari has destroyed everything. Get that into your head

After Buhari leaves power we must make sure all his descendants are indicted and black listed and prevented from ever holding any office in Nigeria no matter how small because I think Buharis incompetence might be more genetical than procured

Fahdiga:
Buhari has destroyed everything. Get that into your head

Na True, please I am doing a research, how many jobs has your state Government created since 2015, & in what sectors of comparative advantage? 8 also how much Federal Allocation has your state received from The FAAC account since 2015, I need the numbers for the research?

Welcome to the Next Level our darling daddy promised us from insecurity to joblessness to hunger to inflation the horrible list just goes on.....

favor914:
President Buhari should come & create jobs for you? What happened to your state Government ? You can relocate to Katsina & be an Almijiri, since your people cannot help you?

I don't have time with N30k/month crew. No matter how hard one tries to school you, you have to justify your July stipend especially now that the month is drawing to an end.

Maybe,it is best to teach you during the first week of the month. By then you must have been paid and your obsession had dropped a little.

“Between 2014 and 2020, Nigeria’s working-age population grew from 102 million to 122 million

If Nigeria has 200m population, 102 - 122 working age that grew from 2014-2020 translate to at least 55% of the population..

Meanwhile, if 45% of Nigerians are jobless minus under age and old people that can't work, how did they arrive at 102-122m?

psucc:
I don't have time with N30k/month crew. No matter how hard one tries to school you, you have to justify your July stipend especially now that the month is drawing to an end.

Maybe,it is best to teach you during the first week of the month. By then you must have been paid and your obsession had dropped a little.

School? very funny, it seems those so called 30k BMC people must have punished you severely, for you to always be complaining about them almost 3 years after elections were concluded?

favor914:
Na True, please I am doing a research, how many jobs has your state Government created since 2015, & in what sectors of comparative advantage? 8 also how much Federal Allocation has your state received from The FAAC account since 2015, I need the numbers for the research?

Tell your personal lord and saviour Buhari to resign with immediate effect having been an all round failure

favor914:
Na True, please I am doing a research, how many jobs has your state Government created since 2015, & in what sectors of comparative advantage? 8 also how much Federal Allocation has your state received from The FAAC account since 2015, I need the numbers for the research?

Many of you defending Buhari are unemployed or under employed and yet you will be suffering and smiling in Fela's voice.

Fahdiga:
It is now official, Buhari has destroyed Nigeria beyond redemption. The only thing remaining is to bury Nigeria

God will suprise us!

iwaeda:


God will suprise us!

Amen

Fahdiga:
Amen

God bless.

favor914:
School? very funny, it seems those so called 30k BMC people must have punished you severely, for you to always be complaining about them almost 3 years after elections were concluded?

They are the