Connect with us

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.

Published

on

15 Views

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. 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crime

Plateau: Military Operation Neutralizes Bandits

Published

on

10 Views

Troops of the 3 Division of the Nigerian Army in conjunction with the Operation Safe Haven (OPSH) under Operation Lafiyan Jama’a have neutralized several bandits during joint operations in Bokkos Local Government Area of Plateau State.

A statement issued on Friday by the Defence Headquarters (DHQ) stated that the clearance operation which took place on Thursday, July 3, led to the killing of scores of bandits.

The statement reads: “In continuation of ongoing efforts to rid the Joint Operations Area (JOA) of criminal elements, troops of 3 Division/Operation SAFE HAVEN under Operation LAFIYAN JAMA’A have sustained aggressive kinetic operations in Bokkos Local Government Area of Plateau State, yielding commendable outcomes.

“On 3 July, 2025, troops carried out a clearance operation in the rugged terrains of Tulus and Hokk Communities, located along the Plateau–Nasarawa State border.

“During the mission, contact was made with armed militias in Hokk, leading to a brief but decisive firefight. Several bandits were neutralised, while others fled into surrounding forests.

“Troops conducted a thorough exploitation of the area and, though no further contact was established, have maintained control through mobile and static patrols to disrupt any regrouping attempts.

“These successful actions reaffirm the resolve of security forces to dismantle criminal syndicates and prevent the proliferation of illicit weapons threatening peace and security within the Joint Operations Area.”

Continue Reading

Crime

JUST IN: Kidnapped Bayelsa Judge, Umukoro, regains freedom

Published

on

16 Views

After 13 days in captivity, Justice Ebiyerin Omukoro, a Bayelsa State High Court Judge, who was kidnapped by gunmen, has been released.

The judge was abducted on June 21, 2025, around 7pm by gunmen dressed in combat fatigue in front of a popular eatery at the Ekeki suburb of Yenagoa.

It was gathered that Justice Omukoro was released on Thursday evening and is still with security operatives.

Continue Reading

News

Masobe Books to Publish Groundbreaking Essay Collection by Dr. Dakuku Peterside on Nigeria

Published

on

20 Views

Masobe Books, a leading publisher of Nigerian literature, today announced the upcoming release of a highly anticipated essay collection by Dr. Dakuku Peterside, a prominent figure in Nigerian public life.

The collection, which is titled: Beneath the Surface: Essays on Nigeria’s Chequered Journey, a powerful new work by renowned columnist and public policy expert, Dr. Dakuku Peterside.

Dr. Peterside, known for his contributions to policy, economics, and thought leadership, has compiled a series of essays exploring a range of critical issues facing the nation.

The collection is expected to delve into topics such as governance, economic development, social justice, national unity, security challenges, the future of democracy, and the role of youth.

“We are incredibly excited to be publishing Dr. Peterside’s work,” said [Name and Title of a Masobe Books representative, ideally the publisher].

“His deep understanding of Nigeria, combined with his clear and articulate writing style, makes this collection essential reading for anyone interested in the country’s present and future.”

Masobe Books anticipates that the collection will appeal to a broad audience, including policymakers, academics, students, and the general public.

Slated for publication in October 2025 under the publisher’s Makere imprint, the book promises to spark critical conversations about Nigeria’s past, present, and future.

Further details, including the title of the collection and planned promotional events, will be announced in the coming weeks.

Dr. Dakuku Peterside has a distinguished career, having served as a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), a former member of the House of Representatives.

He is widely respected for his expertise and contributions to national discourse.

The essay collection offers a panoramic exploration of Nigeria’s complex landscape—its economy, governance, youth energy, leadership challenges, and international standing.

Described as a “360-degree perspective” on the country’s evolving narrative, the book digs deep into the nation’s layered experiences and contradictions.

The book has already received high praise from thought leaders. Renowned Kenyan scholar, Professor P.L.O. Lumumba, hailed it as “a manual that every conscientious person in authority should read.”

Bishop Matthew Kukah called it “a window for future exploration of the options for a new Nigeria,” while Prof. Kyari Mohammed declared it “a must read for policy makers, academics and the general reader.”

Masobe Books has announced plans for formal launch events in Lagos and Abuja to accompany the book’s international and local release.

This marks Dr. Peterside’s third major publication, following Strategic Turnaround and Leading in a Storm.

For inquiries and updates, the public is encouraged to contact Theresa Ominiabohs at Masobe Books or visit www.masobebooks.com.

The publisher can also be followed on Instagram and Twitter via @masobebooksng.

Continue Reading

Trending