News
Is NBS Unemployment Data Doctored ? NLC Thinks So
He argued that the data was inconsistent with the deteriorating economic landscape characterized by factory closures, dwindling manufacturing activity, and rising inventories.
The Nigerian Labour Congress (NLC) has differed with the latest drop in Nigeria’s unemployment rate as reported by the National Bureau of Statistics (NBS).
While the nbs, yesterday, reported that Nigeria’s unemployment rate declined to 4.3 per cent in the second quarter of 2024 from the 5.3 per cent recorded in Q1 2024, thus signalling improved labour market conditions., NLC said that the report contradicts economic realities.
According to the nbs, the Labour Force Participation Rate rose to 79.5 per cent, up from 77.3 per cent in the previous quarter, highlighting increased workforce engagement.
The Employment-to-Population Ratio also showed significant improvement, climbing to 76.1 per cent in Q2 2024 from 73.2 per cent in Q1 2024.
This indicates that a higher proportion of the working-age population was gainfully employed during the period.
Also, self-employment remained dominant, accounting for 85.6 per cent of total employment, an increase from 84 per cent in the preceding quarter. Informal employment also rose slightly to 93.0 per cent, highlighting the economy’s reliance on informal jobs.Urban unemployment stood at 5.2 per cent, a reduction from 6.0 per cent in Q1 2024.
The report further revealed gender disparities, with the unemployment rate for females at 5.1 per cent, compared to 3.4 per cent for males.
However, the NLC in its scrutiny of the report, labelled the report as a “voodoo document” that fails to reflect the stark realities Nigerians face daily.
The National Assistant General – Secretary of the Nigerian Labour Congress, Chris Onyeka, dismissed the claim that unemployment is decreasing, calling it a “fabrication designed to mislead the public.”
He argued that the data was inconsistent with the deteriorating economic landscape characterized by factory closures, dwindling manufacturing activity, and rising inventories.
“Unemployment cannot be coming down in Nigeria when factories are closing shops. “It cannot be coming down when there is increasing inventory and reduced consumer spending. If anything, unemployment is increasing,” he stated.
News
JAMB releases Thursday’s UTME results
In a statement issued by the Board on Friday, and signed by its spokesperson Fabian Benjamin, candidates were advised to check their results by sending “UTMERESULT” via SMS to 55019 or 66019, using the same phone number (SIM) used during registration.
The Joint Admissions and Matriculation Board has released the results of candidates who sat for the 2026 Unified Tertiary Matriculation Examination on Thursday, April 16, 2026, with a total of 632,788 results now available for viewing.
In a statement issued by the Board on Friday, and signed by its spokesperson Fabian Benjamin, candidates were advised to check their results by sending “UTMERESULT” via SMS to 55019 or 66019, using the same phone number (SIM) used during registration.
JAMB clarified that at this stage, candidates can only view their results, as printing options are not yet available.
It also issued a strong warning against attempts to manipulate or alter result messages received from official channels, stressing that such actions constitute a criminal offence.
The Board added that it is already taking action against offenders, revealing that some suspects are currently in custody.
“Currently, two candidates and one parent are in custody for engaging in result falsification using AI and other electronic means. Any candidate found culpable will face the full consequences of the law,” it stated.
News
Arise TV Deputy Director News Win Editor of The Year Award
The award’s: “In recognition of your exceptional editorial prowess, insightful journalism, and outstanding contributions to media excellence in Nigeria.”
Deputy Director of News, Arise TV, Ohi OIdiai, has won Editor Of The Year 2026 Awards category, courtsey of The Industry Newspaper.
In a statement, the organiser said that the award was: “In recognition of your exceptional editorial prowess, insightful journalism, and outstanding contributions to media excellence in Nigeria.”
Details later…
News
JUST IN: Tinubu Signs ₦68.32 Trillion 2026 Budget
……Extends 2025 Implementation to June 30
President Bola Ahmed Tinubu has given assent to the 2026 Appropriation Bill, approving a record aggregate expenditure of ₦68.32 trillion for the fiscal year.
The President also signed legislation extending the implementation period of the 2025 budget specifically its capital component from March 31, 2026, to June 30, 2026.
According to details of the new budget, ₦4.799 trillion is allocated for statutory transfers, while debt service is pegged at ₦15.8 trillion. Recurrent expenditure stands at ₦15.4 trillion, with the Development Fund for Capital Expenditure receiving ₦32.2 trillion.
Capital spending thus accounts for approximately 50 percent of the total budget, reflecting the administration’s focus on infrastructure development, national security, economic stability, and inclusive growth.
A statement from the State House described the allocations as striking a strategic balance between mandatory obligations, debt servicing, day-to-day government operations, and productive capital investments aimed at boosting productivity and improving the quality of life for Nigerians.
President Tinubu also assented to the Appropriation (Repeal and Enactment) (Amendment) Bill, 2026, which formally extends the 2025 capital projects window. Officials said the extension will allow Ministries, Departments, and Agencies (MDAs) to complete advanced-stage infrastructure and development projects, improve execution rates, and deliver better value for public funds.
The 2026 Appropriation Act takes effect from April 1, 2026, paving the way for full implementation in line with the Renewed Hope Agenda.
The President has directed all MDAs to ensure disciplined, transparent, and efficient use of resources, with strict emphasis on value for money and timely project delivery.
President Tinubu commended the National Assembly for its swift consideration and passage of the budget, describing it as a demonstration of diligence, cooperation, and patriotism.
He reaffirmed the need for continued collaboration between the Executive and Legislative branches to advance national development goals.
The President further assured Nigerians of his administration’s commitment to deepening fiscal reforms, boosting revenue generation, stimulating economic growth, creating jobs, and strengthening social protection programmes.
The announcement was made by Bayo Onanuga, Special Adviser to the President on Information & Strategy, on April 17, 2026.
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