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Nigeria Faces High Unemployment Rate Jumps

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President Buhari Is Hiding In The United Kingdom While Nigeria Burns - HURIWA

Freshly released Q4 2020 labour force statistics by the National Bureau of Statistics (NBS) showed that Nigeria’s labour force (unemployment rate) increased by 33.3% in Q4 2020 from 27.1% in Q2 2020.

Only 46,488,079 were employed at the time of the survey, while the number of people in the labour force was estimated to be 69,675,468.

In the case of unemployment by state, Imo State recorded the highest rate of unemployment with 56.64%. This was followed by Adamawa with 54.89% and Cross Rivers State with 53.65%.

The States with the lowest rates were Osun, Benue and Zamfara States with 11.65%, 11.98% and 12.99% respectively. In the case of underemployment, Benue State recorded the highest rate with 43.52%, followed by Zamfara and Jigawa States with 41.73% and 41.29% respectively.

Combining both unemployment and underemployment, the state that recorded the highest rate was Imo with 82.5% followed by Jigawa with 80%. Ogun and Sokoto states recorded the lowest of the combined rates, 26.2% and 33.7% respectively.

Key Highlights

  • The number of persons in the economically active or working-age population (15 – 64 years of age) during the reference period of the survey, Q4, 2020 was 122,049,400. This is 4.3% higher than the figure recorded in Q2, 2020, which was 116,871,186.
  • The number of persons in the labour force (i.e., people within ages 15 -64, who are able and willing to work) was estimated to be 69,675,468. This was 13.22% less than the number persons in Q2, 2020. Of this number, those within the age bracket of 25-34 were highest, with 20,091,695 or 28.8% of the labour force.
  • The total number of people in employment (i.e., people with jobs) during the reference period was 46,488,079. Of this number, 30,572,440 were full-time employed (i.e., worked 40+ hours per week), while 15,915,639 were under-employed (i.e., working between 20-29 hours per week). This figure is 20.6% less than the people in employment in Q2, 2020.
  • The unemployment rate during the reference period, Q4, 2020 was 33.3%, an increase from the 27.1% recorded in Q2, 2020. The underemployment rate declined from 28.6% in Q2, 2020 to 22.8%.
  • The unemployment rate among rural dwellers was 34.5%, up from 28.2% in Q2, 2020, while urban dwellers reported a rate of 31.3% up from 26.4%. In the case of underemployment among rural dwellers, it declined to 26.9% from 31.5%, while the rate among urban dwellers decreased to 16.2% from 23.2% in Q2, 2020.
  • For the period under review, Q4, 2020, the unemployment rate among young people (15-34years) was 42.5% up from 34.9%, while the rate of underemployment for the same age group declined to 21.0% from 28.2% in Q2, 2020. These rates were the highest when compared to other age groupings.
  • Under State disaggregation, Imo State reported the highest rate of unemployment with 56.6%, this was followed Adamawa and Cross River States with 54.9% and 53.7% respectively. The State with the lowest rate was Osun in the South-West with 11.7%.
  • For underemployment, the state which recorded the highest rate was Benue with 43.5%, while Lagos State recorded the lowest underemployment rate, with 4.5% in Q4, 2020.
  • A total number of 12,160,178 did not do any work in the last 7 days preceding the survey.

Distribution of Working Age Population

The results of the survey indicate that the estimated number of persons in the economically active or working age population (15 – 64 years of age) during the reference period of the survey, Q4, 2020 was 122,049,400. This is 4.3% higher than the figure recorded in Q2, 2020, which was 116,871,186.

Of this number, females represent 50.49%, while males account for 49.5%. Further disaggregation by age group shows that the 30.2% of the total active population is within the ages of 15-24, the highest among the age groupings. The age-group with the smallest active population is 55-64, with 10,221,108 or 8.37% of the total active population.

Labour Force

The number of persons in the labour force (i.e., people within ages 15 -64, who are able and willing to work) was estimated to be 69,675,468. This was 13.22% less than the number persons in Q2, 2020. Of this number, those within the age bracket of 25-34 were highest, with 20,091,695 or 28.34% of the labour force.

This is the estimated number of persons within the economically active population or working population, that are available and willing to work. This implies that as of Q4 2020, only 57.09% of Nigeria’s economically active population are in the labour force.

Unlike in the economically active population, the age group that accounts for the highest number under the labour force is the 25-34 age group. This is expected as most persons within the age group of 15-24 are involved in one form of schooling or the other, hence are not willing and/or available for work.

While females are more dominant under the active population, albeit marginal, the reverse holds for the labour force, where males are more dominant with 56.72%, with females accounting for 43.28%.

Unemployment and Underemployment Statistics – National Level

During the reference period, the computed national unemployment rate rose from 27.1% in Q2, 2020 to 33.3% in Q4, 2020, while the underemployment rate decreased from 28.6% to 22.8%. A combination of both the unemployment and underemployment rate for the reference period gave a figure of 56.1%.

This means that 33.3% of the labour force in Nigeria or 23,187,389 persons either did nothing or worked for less than 20 hours a week, making them unemployed by our definition in Nigeria. This is an additional 1,422,772 persons from the number in that category in Q2, 2020. Using the international definition of unemployment, the rate was computed to be 17.5%.

When considered by educational status, those reporting A ‘levels as their highest qualification had the highest rate of unemployment with 50.7%, followed by those with first degree/HND at 40.1%.

Those with Doctorate Degrees as their highest qualifications reported the lowest rate of unemployment, 16.9% during the reference period. Under the age-groupings, the highest rate of unemployment was recorded among the 15-24-year age-group with 53.4%, followed by those aged between 25-34 with 37.0%, together the youth population recorded an unemployment rate of 42.5%.

In the case of underemployment by age grouping, those aged between 55-64 recorded an underemployment rate of 25.7%, the highest amongst the age groups. This was followed by those aged between 45-54 with 24.4%, while those with the lowest underemployment rate were those aged between 15-24 with 19.8%.

A combination of unemployment and underemployment rates shows that those aged between 15-24 reported a combined rate of 73.2%, showing a serious challenge for the age-group in secure full-time employment. Female unemployment was highest among the genders with 35.2% while male was 31.8% during the reference period.

A similar case was recorded for underemployment, 24.2% was reported for females, while males reported an under-employment rate of 21.8%. The unemployment rate among rural dwellers was 34.5%, while urban dwellers reported a rate of 31.3%. In the case of underemployment, rural dwellers reported a rate of 26.9%, while the rate among urban dwellers was 16.2%.

International Unemployment Rate

In comparison with other countries across the world, we apply the International Labour Organisation’s standard of 1-hour work per week. Using this measure, Nigeria’s recent unemployment rate is 17.5%. Comparing this rate internationally, out of 181 countries with a rate published within the last 2 years, Nigeria currently ranks as the 19th country with the highest unemployment rate.

The countries with the highest unemployment rates presently are Bosnia and Herzegovinian (33.7%), Namibia (33.4%), and South Africa (32.5%) while those with the lowest rates are Qatar (0.1%), Belarus (0.2%), Niger (0.3%) and Myanmar (0.7%). It is important to note that reference periods and methodology of calculating the unemployment rate could differ across the countries.

Therefore, a direct comparison of the unemployment rate in different countries may not be
valid

Source: www.GhanaCNN.com

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Popular Nigerian Actor, Bruno Iwuoha Is Confirmed Dead

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Popular Nigerian Actor, Bruno Iwuoha Is Confirmed Dead

Another tragedy has struck Nollywood, this time with the death of one of its veterans, Chief Bruno Iwuoha.

Chief Bruno Obinna Iwuoha was a Nigerian actor. He won the Best Supporting Actor award at the 3rd Africa Movie Academy Awards for his performance in the movie “Sins of the Flesh”

He reportedly died after years of battling diabetes and going blind. Derik Zai, a filmmaker, was the first to confirm and share his death, revealing that he died at the National Hospital in Abuja.

He revealed that the elderly actor had been in a coma for about three weeks and that no amount of treatment could bring him back to life.

Source: www.GhanaCNN.com

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Nigeria CNN

President Buhari Is Hiding In The United Kingdom While Nigeria Burns – HURIWA

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President Buhari Is Hiding In The United Kingdom While Nigeria Burns - HURIWA

President Muhammadu Buhari of Nigeria has been accused of fleeing to London to avoid the country’s problems.

President Muhammadu Buhari is accused of fleeing to London while his country burns.

According to the Human Rights Writers Association of Nigeria (HURIWA), while Buhari was in the United Kingdom, enjoying formidable security, Nigeria was on fire, with armed non-state actors killing, maiming, and destroying lives and property.

According to SaharaReporters, Buhari left Nigeria on Tuesday afternoon for the United Kingdom for a medical check-up.

President Muhammadu Buhari has been accused of escaping to London while the country burns.

According to the Human Rights Writers Association of Nigeria (HURIWA), while Buhari traveled to the United Kingdom, enjoying formidable security in the country, Nigeria is on fire from armed non-state actors killing to maiming and destruction of lives and property.

SaharaReporters had reported that Buhari on Tuesday afternoon departed Nigeria for the UK for a medical check-up.

According to the presidency, Buhari is expected to return to the country in the second week of April.

“It was incomprehensible that someone who spent over a decade campaigning to be elected the Nigerian President, but as soon as he got the historic opportunity to govern the political entity called the Federal Republic of Nigeria, the same retired Major General Muhammadu Buhari has displayed crass irresponsibility and total incapacity and unwillingness to govern Nigeria and deliver good governance to the good people of Nigeria but has allowed nepotism, corruption and widespread violence and insecurity to overwhelm and dominate his nation and he runs away intermittently to the Western World to receive the best of medical services whereas he has destroyed the Nigerian health care system and all other strategic infrastructures,” HURIWA said in a statement issued by its National Coordinator, Comrade Emmanuel Onwubiko.

The group also deplored the incessant bloodshed and coordinated killings of the citizens of Ebonyi state by suspected Fulani herdsmen and some sponsored armed militants.

“The major plank of the blame is on the poorly performing government of President Muhammadu Buhari for the porosity of the nation to a series of armed non-state actors such as bandits, tertorists and Fulani herdsmen, including the emerging externally induced terrorism in the Southern Nigerian states classified as ‘Unknown Gunmen’.

“HURIWA has noted with immense pains and agony that barely twenty-four hours after eight people were killed in Adani, Uzo -Uwani Local Government Area of Enugu State, by gunmen, a Methodist priest and 17 other indigenes of Egedegede, Obegu and Amuzu communities in Ishielu Local Government Area of Ebonyi State, were on Monday evening, gruesomely killed by rampaging herdsmen who invaded the communities. The car belonging to the Methodist priest was also burnt by the herdsmen. But the police in Ebonyi said only six people were killed.

“HURIWA has learnt that not less than 18 or even 30 persons were killed by the herdsmen in Ishielu. Eye witnesses have regrettably amstated that as we write, 18 or 30 persons were slaughtered like animals. They matcheted many of our people, burnt vehicles, motorcycles and looted our properties.

“What does the Ebonyi state government do with the huge security votes on monthly basis and why did President Muhammadu Buhari who controls both the Nigerian police and the Department of State Services seem to be unconcerned when armed Fulani herdsmen unleashed unmitigated slaughter of the citizens of Ebonyi and many other states?”

“The President has now shamelessly run off to a hospital that works in a country that is well protected by their elected leaders but he has abandoned his primary responsibilities of protecting Nigerians and refused to even do the constitutionally mandated transition of temporary power to his vice president, Professor Yemi Osinbanjo.”

Source: www.GhanaCNN.com

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Entertainment

Kizz Daniel Will Be Wondering How Anybody Will Move Like This On His Song – RMD Says With His Killer Moves

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Kizz Daniel Will Be Wondering How Anybody Will Move Like This On His Song – RMD Says With His Killer Moves

RMD shared an old video of himself dancing to Kizz Daniel‘s music, claiming that he knows how to dance better than he knows how to act.

According to him, with his killer moves, even Kizz Daniel would be perplexed as to how anyone could move like he did on his funky song, which he adores.

RMD gave it his all with the dance moves, and we’re guessing Kizz Daniel will just love him because he loves his song and his dance moves were just killer.

Watch the video below:

Source: www.GhanaCNN.com

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