• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, August 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Why Nigeria’s Unemployment Data Is Delayed – NBS

by Leadership News
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

The National Bureau of Statistics (NBS) has explained the delay in Nigeria’s unemployment data for two years.

Advertisement

According to the NBS’s Twitter handle on Friday, since 2021, it has been collaborating with World Bank Nigeria, the International Labour Abuja and other stakeholders to enhance the methodology and implementation of the Nigeria labour force survey, which generates the unemployment report.

“This became necessary in order to devise a more sustainable method of conducting the survey, that accommodates the unique characteristics of the Nigerian Labour Market. Considerable progress has been made, and ongoing efforts are underway,” it tweeted.

It said they have conducted a pre-test and pilot of the new approach, trained trainers and enumerators, and organized a nationwide stakeholder sensitization workshop that brought together key stakeholders from the government, the private sector and academia.

“Since the fourth quarter of the previous year, we have initiated data collection using the new approach, and anticipate releasing national results quarterly and disaggregated state-level results by the end of the year,” the NBS added.

RELATED

Parallex Bank To Provide Limitless Banking Experience

Bank Unveils N4bn Financial Support For Lagos LGAs, LCDAs

21 hours ago
FCT Town Planners Reaffirm Commitment To Abuja Master Plan Restoration

Ministry Launches Portal For Tracking Real Estate Fraudsters

21 hours ago
ADVERTISEMENT

The statistical agency said the Q1 2023 Nigeria labour force survey report using the new approach and methodology is set to be launched in Q2.

“Our commitment remains unwavering in meeting our mandate and providing stakeholders with timely and accurate data for policy formulation.”

Recall that it’s been two years since the NBS released the country’s official unemployment data of 33.3 per cent for Q4 2020

ADVERTISEMENT

The latest data was released on March 15, 2021, eight months after it released unemployment figures for the second quarter of 2020.

Analysts say the delay is not good for Africa’s biggest economy as it shows a case of misplaced priority towards human capital development, lack of innovation, investments and wastage of resources towards solving unemployment in the country.

A country’s unemployment data is a major macroeconomic indicator that measures the performance of any economy, and help to hold politicians and policymakers accountable for their promises.

“The outdated unemployment data is indicative of how human capital development and the initiatives towards harnessing it are valued in the country. This suggests that the intentionality in solving the unemployment menace in the country is questionable,” Olamide Adeyeye, partnerships manager at The African Talent Company, said.

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10180Tweet6363Share
ADVERTISEMENT
Previous Post

Global Leaders To Build Agrifood Systems For Least Developed Countries

Next Post

Petrol Supply Rises By 44.2% To 488.94m Litres In 1 Week – NNPCL

Leadership News

Leadership News

You May Like

Parallex Bank To Provide Limitless Banking Experience
Business

Bank Unveils N4bn Financial Support For Lagos LGAs, LCDAs

2025/08/28
FCT Town Planners Reaffirm Commitment To Abuja Master Plan Restoration
Business

Ministry Launches Portal For Tracking Real Estate Fraudsters

2025/08/28
Renewed Confidence In Aviation Sector Raises Local Airlines Participation – NCAA
Business

Lagos, FCT, Rivers Generate 70% Of Aviation’s N215.6bn GDP Contribution

2025/08/28
Air Peace Lauds Minister Over Installation Of Airfield Lighting On Lagos Airport
Business

Tinubu’s Brazil Visit Yielded Air Peace, Embraer MRO Agreement – Onyema

2025/08/28
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Bulls Lose Steam As Equities Market Dips By N325bn Amid Profit Booking

2025/08/28
Kogi Stakeholders Task Federal Gov’t On Ending Benue Killings
Business

Tinubu Promises Continued Support For Capital Market Reforms, Expansion

2025/08/28
Leadership Conference advertisement

LATEST

Nigeria’s Top Oil Boss Walking into A Trap

Herders Ask Security Agencies, Others To Disregard Alleged Killings In Bokkos

Commissioner Tasks Kwara Teachers On Innovation

320 Kwara Schools Get Hygiene Wash Stations

Church Donates Food, Hygiene Items To Vulnerable Families In 5 States

Nigeria, Team Europe Chart New Course For Data Exchange

Again, 4 Killed In Benue Attack

AIG Hails Dangote Cement CSR Initiatives

Experts Task Schools To Integrate AI Into Curriculum

FG Urged To Provide Mentorship, Harness Youths’ Digital Skills For Security

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.