Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader. Another consequence is that, the government is likely to spend much more on unemployment and other related benefits.The issue is that, the government may not necessary pay unemployment benefit just like that, what the government does is to make sure that, a family whose members are unemployed is receiving housing benefit from the government, as well as, income support.Another economic consequence of unemployment in Nigeria is that, it helps in lowering the country’s GDP.
The unemployment normally happened when citizens who have reach the age of working, or who are graduates could not find a good and suitable paid work to engage themselves, at least, for a tangible period of time.Subscribe to our mailing list and get interesting stuff and updates to your email inbox.we respect your privacy and take protecting it seriouslyInfoGuide Nigeria is a multi-author blog in Nigeria founded by Here we publish several helpful articles in various categories, such as how-to articles, where to find things, resources, business, interviews and reviews.Our aim is to provide daily living guide for Nigerians and her friends.The content on the InfoGuide Nigeria is provided as general information only. Why do we have deficits in housing, water, sanitation, food, entertainment facilities, health care, and education, among others?“How do we deploy our population of productive age to fill the skills gaps needed for our national development?“How do we break the resilience of high unemployment rate in the country?’’He said these are some of the questions that triggered new thoughts and concepts that led to series of activities that preceded the workshop.Mr Ngige said the workshop was aimed at presenting the outcome of some of government efforts and the commencement of another phase of the processes.He, however, called for a collaborative mechanism that would yield desired results while assuring that the recommendations from the workshop would receive prompt and sustained attention.William Alo, Permanent Secretary, Ministry of Labour and Employment, said the workshop was aimed at examining issues around the persistent high unemployment rate in Nigeria.Mr Alo said this was with a view to making concrete recommendations on how to tackle the menace.“This workshop is very important to the Ministry of Labour and Employment due to the direct relevance of the theme to the Ministry’s mandate.“However, the fact remains that the consequences of high unemployment rate in Nigeria affect each and every one of us as individuals and as members of the Nigerian society.“To stimulate actions towards exploiting untapped available options for massive job creations; to chart way forward on immediate next steps that would yield measurable results”.Dennis Zulu, Country Director, International Labour Organisation (ILO) in Nigeria, said unemployment was a major concern to the organisation, especially in Nigeria.“So, we believe, therefore, that if Nigeria addresses the issue of unemployment, it will go a long way to address the whole problem that is faced in Africa to that extent.“Let me say that over the years, we have recognised the commitment of the Federal Government of Nigeria, where it has approved various initiatives including the adoption of Employment Policy of 2017.“This was approved by the National Executive Council that provides a blueprint for strategies as far as the creation of jobs for Nigerians concerned.“We have also taken note of the different programmes that have been implemented by the Office of the Vice President, Prof. Yemi Osinbajo.“These are the N-Power programme, SURE- P programme some years ago and many other ongoing programmes, ultimately supposed to contribute to the creation of jobs for young people in Nigeria,’’ Mr Zulu said.Also, Martina Nwordu, Director, Special Duties/Projects, Ministry of Labour and Employment, called on the participants to commit themselves.Mrs Nwordu urged them to keep to the objectives of the workshop which aimed at achieving the goals of reducing high unemployment rate in Nigeria.All content is Copyrighted © 2019 The Premium Times, Nigeria.The Premium Times and our partners use technologies such as cookies to improve your experience on our website, show you personalised advertising and perform site analytics.
Nigeria … TEForecast
Unemployment in Nigeria & Solutions 2020 – One of the challenges that have pummeled Nigeria as a nation since it’s population upsurge is unemployment. Unemployment Rate
Nigeria unemployment rate to reach 33.5 per cent by 2020, says the federal government. Naira plunges to N472/$ as forex scarcity worsens. Nigeria unemployment rate for 2019 was 8.10%, a 0.15% decline from 2018. The uniform application of this definition results in estimates of unemployment rates that are more internationally comparable than estimates based on national definitions of unemployment. The goal isn’t to live forever, the goal is to create something that will - Chuck Palahniuk. Nigeria unemployment rate to reach 33.5 per cent by 2020, says the Federal Government. Too many restive youths promenade the streets of Africa’s most populous nation in search of jobs while trying their acts on nefarious activities when they are bored of job hunting.
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