The National Bureau of Statistics (NBS) has disclosed that 84% of Nigeria’s working-class population is self-employed in the first quarter of 2024, reflecting a decrease from the 87.3% recorded in Q3 2023.
This is according to the Nigeria Labour Force Survey (NLFS) Q1 2024 report by the NBS.
The report indicates a decline of 3.3%-points in the self-employment rate, highlighting a shift within the labor market.