Unemployment in Nigeria Rose to 11.55 million At The End of 2016 – NBS Reports
This is the second report that will released by the National Bureau of Statistics. The Bureau of Statistics have reported through its annual unemployment report that Nigeria citizens who were unemployed at the beginning of 2016 were 9.48 million and 11.55 million were also reported to be unemployed at the end of 2016 when extra 2.7 million citizens who also became unemployed were added.
The National Bureau of Statistics added that the rate of Unemployment in 2016 was the highest for citizens between the age of 15-24 and 25-35 who were still in labour force which also represents Nigeria Youth Population.
The report also clarified that, for Nigerians with the age of 15 to 24, unemployment has rose in 2016 from 25% to 25.2% while Nigerians with age of 25 to 34 years rose from 15% to 15.4%.
Also in NBS Report, it showed that unemployment and underemployment were very higher for females than the men in fourth quarter of 2016. About 16.3% of women in workforce were unemployed at the end of 2016 while 12.3% of male were also unemployed at the end of 2016.
Pertaining to this report, it shows that during President Muhammadu Buhari-led administration, unemployment and those who became unemployed increase vigorously and, the ruling party claimed to have fulfilled all promise made to “Change” eyesores in Nigeria to a beautiful look. I think it’s the reverse pertaining to this reports and what have been happening in the country.