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Frightening spike in unemployment rate - Punch Newspapers


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Published 12:20 am
WITH one out of every three persons of working age unemployed, Nigeria is on the verge of a major social crisis. Already notoriously dubbed the world poverty capital, the self-styled ‘Giant of Africa’ is on its way to becoming the ‘world unemployment capital’ going by the latest report by the National Bureau of Statistics.
In its report, ‘Labour Force Statistics: Unemployment and Underemployment,’ the NBS said Nigeria’s unemployment rate rose from 27.1 per cent in the second quarter of 2020 to 33.3 per cent in Q4 2020. This means that within three to six months, over 1.4 million more people became unemployed. In real terms, 23.2 million people out of the 69.7 million people that make up the labour force are unemployed. With the jobless rate now at 33.3 per cent, Nigeria may be on its way to displacing Namibia, which currently has the highest unemployment rate in the world at 33.4 per cent, according to ....

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Strengthening The Public University System


Adamu Adamu
The Academic Staff Union of Universities (ASUU) was founded in 1978 as an educational trade union to act as a collective pressure group on behalf of all public universities. This was in the heady days of the 1970’s when trade unions had enormous powers and held governments to ransom. We recall that it was the unions in the United Kingdom that brought down Edward Heath’s government in 1974.
Strikes have been a constant feature of ASUU, accounting for about 30 percent of their total existence being lost to strikes which have greatly eroded the value of Nigerian education. A typical Nigerian student spends about six to seven years for a four-year course. Most public school students know when they commence their studies but are clueless as to when they will graduate due to no fault of theirs due to the strikes. ....

United States , United Kingdom , British Isles , United Kingdom General , South Africa , Harry Garuba , Margaret Thatcher , Kole Omotosho , Ibrahim Babangida , David Mark , Edward Heath , University Transparency , National Information Technology Development Agency , Nigerian Telecommunications Limited , Academic Staff Union Of Universities , University Of Lagos , Academic Staff Union , Dark Ages , Business Newspaper , Integrated Personnel , Payroll Information System , Accountability Solution , National Information Technology Development , North America , Professor Harry Garuba , Professor Kole Omotosho ,