Nigeria has topped the list of countries with the highest rate of unemployment, according to the latest statistics released by the World of Statistics.
Nigeria led with 33.3 per cent, followed by South Africa with 32.9 per cent, and Iran with 15.55 per cent unemployment rate.
The lowest rate of unemployment, according to the report, were in countries like Qatar: with 0.1 per cent, Cambodia: 0.36 per cent, and Niger 0.5 per cent.
According to the National Bureau of Statistics, NBS, the unemployment rate in Nigeria increased to 33.30 per cent in the fourth quarter of 2020 from 27.10 per cent in the second quarter of 2020.
The Centre for Social Justice had recently, urged the National Bureau of Statistics to compile, and release the current unemployment data for the country.
The CSJ, an advocate for fiscal transparency, accountability, and evidence-driven policy making and implementation, stated that the last time Nigeria’s unemployment data was released by the NBS was in the fourth quarter of 2020.
It added that since then, updated information had been absent, an act it considered as negligence of duty.
