Categories: BusinessNews

Nigeria Tops Global Unemployment Rating

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.

 

VOP Lagos

Recent Posts

Bail Revoked: Malami Family Back in Custody Over Alleged Money Laundering

A Federal High Court has revoked the bail earlier granted to former Attorney-General of the…

3 hours ago

Forensic Experts Recover 105 Bodies from Yelwata Mass Graves as Probe into June 2025 Attack

Forensic specialists have recovered 105 bodies from mass graves in Yelwata, marking a significant development…

3 hours ago

Supreme Council for Sharia in Nigeria Rejects Foreign Pressure Over Islamic Law

The Supreme Council for Sharia in Nigeria (SCSN) has firmly dismissed reported calls by some…

4 hours ago

Adamawa Governor Fintiri Leads Mass Defection to APC

Ahmadu Umaru Fintiri, the Governor of Adamawa State, has officially left the Peoples Democratic Party…

8 hours ago

Worker Killed as Soldiers Clash With Government Enforcement Team in Ogun State

Tragedy struck in Ogun State after a worker attached to the state’s planning authority was…

9 hours ago

Abaribe, Natasha, Ireti Snubbed as Tinubu Hosts Iftar at Aso Villa

President Bola Tinubu hosted a select group of senators for an Iftar dinner at the…

1 day ago