7.5 million Nigerians jobless between 2016 and December 2017 - NBS
- The National Bureau of Statistics has released a new report on the unemployment rate in Nigeria
- The bureau said 7.5 million Nigerians were jobless between 2016 and December 2017
- The report also showed that 38.24% of them or 29.66 million of Nigeria's 77.55 million labor population were self-employed
The National Bureau of Statistics (NBS) has said that about 7.5 million Nigerians have been unemployed between January 2016 and December 30, 2017.
The bureau in its report released on Sunday, Janaury 21, in Abuja said 77.55 million of Nigeria’s labour population of 85.1 million were engaged in some sort of economic activity for at least an hour a week.
The report: "Labour Force Statistics Volume 2: Employment by Sector Report", showed that that among the 77.55 million labor population who were engaged in some extent of economic activity, 38.24% of them or 29.66 million were self-employed.
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The self-employed population, the NBS said were engaged in farming/agriculture while 27.93% or 21.66 million who were also self-employed were engaged in non- farming/agriculture sectors.
“A total of 19.72 million were working for pay or wage, which was equivalent to 25.42% of the total workers in 2017 Q3. Paid apprentices and unpaid house workers constituted 7.30% and 1.11% of the total working force engaged for at last one hour a week," the report said.
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It also revealed that of a total employed (full time employed and underemployed which is 20 and above working hours a week) of 69.09 million, 17.88 million or 25.88% work for pay/ wage, 45.47 million or 65.82% are self-employed working in agriculture (25.47 million or 36.87%) and non-agriculture related activities (20.0 million or 28.95%), 779,002 or 1.13% are paid apprentice and 4.95 million or 7.17% are unpaid house workers.
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Legit.ng earlier reported that the Nigerian presidency had listed 17 achievements President Muhammadu Buhari administration made in 2017.
The presidency said the country’s economy bounced back into positive territory during the year.
The presidency said Nigeria saw bumper food harvests, especially in rice, whose local production continues to rise significantly (states like Ebonyi, Kebbi, Kano leading the pack, with Ogun joining at the end of 2017).
List President Buhari's achievements in two years - on Legit.ng TV
Source: Legit.ng
