Nigeria Bureau of Statistics has finally adopted the International Standard Practice in the determination of our unemployment rate and they arrived at 4.1%.

Great one there as we now have a realistic figure to work with.

According to NBS:

“Following guidelines adopted during the 19th International Conference of Labour Statisticians (ICLS) in Geneva in 2013, the aim of this re-evaluation was two-pronged.

On one hand was to ensure that the methodology is in line with international best practice and locally relevant, and on the other hand, to ensure that a production process was robust enough to produce estimates on a sustainable basis (avoiding periodic gaps), and also, produce more labour market indicators and analysis that will inform government about the employment and job situation in Nigeria,”

Nevertheless, I hope stakeholders does not see this as an excuse not to work on creating sustainable jobs to further reduce the level of unemployment in the country.


https://twitter.com/Mario9jaa/status/1694715130708480089

I no gree wit dix one

And you're dumb enough to not only believe this rubbish but share the information.

Oluwole statistician don drop quote.
Shebi na wetin kill him predecessor be dis.