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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.
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Yahaya Bello Commends Tinubu’s Security Gains, Meets NSA Ribadu
Former Kogi State Governor Yahaya Bello on Friday praised President Bola Ahmed Tinubu for steady progress in the fight against insecurity, during a meeting with National Security Adviser Nuhu Ribadu at the Office of the National Security Adviser in Abuja.
Speaking after the talks, Bello highlighted the recent foiling of an attempted abduction of schoolchildren in Kogi State as evidence of continued federal support and improved security coordination.
“I want to use this opportunity to commend Mr President and our leader, President Bola Ahmed Tinubu, for his relentless efforts in tackling insecurity across the nation. I also want to commend him and your humble self on the recent foiling of an attempted abduction of schoolchildren in Kogi State, which underscores the level of support the state continues to receive from the Federal Government. I attribute the successful operation to the vigilance, professionalism and improved coordination among the nation’s security agencies, which is clear evidence that intelligence-driven security operations are yielding positive results,” he said.
Bello particularly lauded Ribadu for providing strategic leadership and fostering stronger collaboration among security and intelligence agencies. He said the synergy under the NSA’s coordination had strengthened the country’s capacity to respond swiftly to emerging threats.
He also commended Tinubu’s sustained investment in intelligence gathering, security coordination and operational support, noting that these efforts had boosted the morale and effectiveness of personnel protecting lives and property.
On the recent rescue of abducted schoolchildren in Oyo State, Bello applauded the President, the National Security Adviser and the security agencies for their professionalism and determination in securing the victims’ safe release. He paid tribute to officers who lost their lives in the operation.
“Mr President also deserves commendation for the recent rescue of the abducted schoolchildren in Oyo State. I equally commend you, my brother, the National Security Adviser, and, of course, the security agencies for your painstaking efforts, professionalism and determination in securing the safe release of the victims. I also pay tribute to the brave officers who made the ultimate sacrifice during the operation. Their courage and selflessness remain a testament to their unwavering commitment to the defence of our country,” he said.
Ribadu, welcoming the former governor, stressed that insecurity concerns every Nigerian and that collective action is essential.
“I want to warmly welcome you to my office this afternoon, my brother. The issue of insecurity concerns everyone in this country, and I believe that if we all play our part at our various levels, we shall overcome insecurity in Nigeria,” he said.
Bello urged citizens to remain vigilant and share timely, credible information with security agencies, emphasising that tackling insecurity requires sustained cooperation between the public and security institutions.
He expressed confidence that under Tinubu’s leadership and Ribadu’s strategic guidance, Nigeria would continue to record significant gains against criminality, with ongoing reforms and inter-agency collaboration laying a foundation for lasting peace, stability and national development.
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JUST IN: Prof. Segun Aina Takes Over as New JAMB Registrar
Professor Is-haq Oloyede has formally handed over to Professor Segun Aina as Registrar of the Joint Admissions and Matriculation Board (JAMB).
President Bola Tinubu appointed Professor Segun Aina to succeed the outgoing Registrar, Professor Is-haq Oloyede, whose two-term tenure ended on July 31, 2026.
Developing Story….
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Nigerian Army Ranks Africa’s Best in Counter-Terrorism Operations 2025
The prestigious award was formally presented to the Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, at the Army Headquarters, Abuja, by Major General Teriworie Gagariga, who had earlier received it on behalf of the Nigerian Army during the African Security Watch Awards Ceremony in Banjul, The Gambia.
African Security Watch has ranked the Nigerian Army as Africa’s Best National Army in Counter-Terrorism Operations for 2025.
The prestigious award was formally presented to the Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, at the Army Headquarters, Abuja, by Major General Teriworie Gagariga, who had earlier received it on behalf of the Nigerian Army during the African Security Watch Awards Ceremony in Banjul, The Gambia.
The recognition further affirmed the Nigerian Army’s growing reputation as a professional and highly capable institution whose operational doctrine, combat experience and institutional best practices continued to serve as valuable reference points for armed forces across the African continent.
The award underscored the Nigerian Army’s emergence as Africa’s leading force in Counter-Terrorism and Counter-Insurgency Operations (CTCOIN).
It reflected years of sustained, intelligence-driven operations that have significantly degraded terrorist networks, restored security to affected communities and contributed to regional peace and stability.
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