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NBS Adopts New Methodology For Determining Unemployment

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In Nigeria if you work for less than 40 hours a week, you are regarded as unemployed, according to the methodology being used by the National Bureau of Statistics (NBS) for computing unemployment statistics. However, this has now been modified to comply with the Internation Labour Organisation (ILO)’s definition of employment.

According to the ILO, unemployed persons in the labour force are those who are: out of work, want a job, have actively sought work in the reference week and are available to start work in the next fortnight; or out of work and have accepted a job that they are waiting to start in the next fortnight. In other words, once you have been employed for at least an hour in

“In other words, once you have been employed for at least an hour in week you will be classified as employed under ILOs definition,” said Nigeria’s Statistician General, Yemi Kale, who unveiled the new methodology for computing unemployment and revised unemployment series at a stakeholders seminar today in Abuja.

Kale noted that if this definition is followed strictly, the unemployment rate in Nigeria, for instance, will be 2.2 percent as against the reported 23.9 percent.

“This isn’t surprising given that most Nigerians are entrepreneurial by nature and will almost definitely be engaged in some activity for an hour a week even if that activity is not sufficient to keep them engaged.”

Thus, Kale inferred that the problem in Nigeria is more of underemployment rather than unemployment.

NBS has now revised its unemployment threshold from less than 40 hours/week to less than 20hours/week. In other words, if you for at least 20 hours a week, you are not unemployed. While working 0 – 19 hours a week classifies you as unepmloyed, working 20 to 39 hours a week classifies you as underemployed and working at least 40 hours a week classifies you as employed.

Under the new methodology, Nigeria’s unemployment rate will be calculated from about 65.7 million and not the entire population of the country. This is because students, voluntary housewives who cannot work or those younger than 15 or older than 65, are not regarded as part of the labour force an will therefore, not be counted.

The new report also says that Nigerians between 15 and 65 years (or 97.49 million) were estimated as at 2013 and only 65.7 percent were “willing and able to work”.

The revised methodology followed the work of a special committee constituted last year to review the existing methodology and propose a more suitable definition of unemployment in Nigeria where most of its citizens are entrepreneurial by nature. The report of the committee can be downloaded here.

Download presentation of Labour Statistics based on revised Concepts and Methodology for Computing Labour Statistics in Nigeria here.

With the new methodology now adopted by the NBS, who is an unemployed Nigerian?

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Femi Otedola Reacts To Lekki Tollgate Shooting

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Femi Otedola Finally Reacts To Lekki Tollgate Shooting
Femi Otedola

Femi Otedola

Nigerian businessman, Femi Otedola has finally reacted to the shooting that took place at Lekki Tollgate, Lagos on Tuesday.

Information Nigeria recalls men dressed in military wears opened fire on unarmed #EndSARS protesters, who convened at the area.

Otedola took to his Instagram page on Sunday to commiserate with the families of those who lost their lives in the unfortunate incident.

Sharing a photo of the Nigerian flag, he wrote;

“The horrors that have been unfolding in our country have left me filled with sadness. I deeply commiserate with those who have lost their loved ones and as a father, I share the sentiment of my three daughters who protested in Lagos and London. As a young boy of 16, I participated in the ‘Ali Must Go Protest’ of 1978, so I understand the determination of our youths who rightly want our country to be better. We must all do our part to make Nigeria great! I will continue to do my own quota in providing for those who are most in need of support in our country in these tough times .…F.Ote💲”

Read Also: Femi Otedola Spotted Dancing With His Children (Video)

See his post below:

Otedola’s post

Otedola’s post

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“Oke Wasn’t Killed By Stray Bullet, He Was Stabbed By Thugs” – Brother Claims

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“Oke Wasn’t Killed By Stray Bullet, He Was Stabbed By Thugs” - Brother Claims
Oke

Oke

Information Nigeria recalls a graphics designer identified as Oke, was killed hours after tweeting “Nigeria will not kill me” on Wednesday.

It was reported that the young man had passed away after he was hit by a stray bullet.

The deceased’s younger brother, Daniel has come out to clear the air regarding the circumstances leading to his death.

Daniel revealed his brother was stabbed on the neck by thugs who infiltrated and ransacked their home.

In his words;

Good day, My name is Obi-Enadhuze Daniel younger brother of the now deceased Okechukwu Obi-Enadhuze @O_Okee . I, my brother and mother lived at makinde police barracks, mafoluku, Oshodi, Lagos State.

Today at about 11 o’clock in the morning the police station at makinde was attacked by thugs who wanted to destroy the station, I my mom and brother were holed up in our house.

 The attack went on for hours before the thugs eventually breached the police and proceeded to set the station on fire, after accomplishing this they set their sights to the barracks and began the assault, they proceeded to destroy every car in the barracks, my mom’s 2 cars where destroyed and set on fire and then they infiltrated our house by breaking the door they then proceeded to ransack the house and carted away with everything we own. 

 my brother on trying to get them to take everything but spare us was pushed to my mom’s room and stabbed on the neck, the attacker then proceeded to attack me but missed my neck but got my chin instead, after this my mom and I carried my brothers body to the entrance of the station soliciting for help from the thugs still ravaging the barracks, we were finally able to put him in a wheelbarrow and took him to a hospital where he was rejected because “he was already dead” unfazed we moved him to another hospital where he met the same treatment this was where he bled his last drops of blood and died, his body has now been moved to a morgue

we have lost every single thing we own, as our house was completely ransacked and set on fire the only thing left is my brothers phone and at about 8 o’clock this evening the barracks was still on fire but Okechukwu has paid with the ultimate price

I and my mother are homeless with nothing now but we’re safe for now, we thank everyone that has been able to reach out to us, and were able to share consoling words with us in these trying times, God bless you

While we were holed up in the house the three of us said these words together and we say it again ” THREE OF US ARE HERE, THREE OF US ARE TOGETHER, THREE OF US ARE SAFE”

Let it be known that my brother @O_Okee  was NOT killed by a police bullet but died a hero protecting my mother and I.

If you see this please retweet, let the world know how Okechukwu died. He was NOT killed by a police bullet but thugs in his home!”

Read Also: RIP Oke: Barely 3hours After Tweeting “Nigeria Will Not End Me” #EndSARS Protester Dies From Gunshot

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Youths Burn Down Sanwo-Olu’s Mother’s House In Lagos (VIDEO)

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Youths Burn Down Gov Sanwo-Olu’s Mother’s House In Lagos (VIDEO)

Youths Burn Down Gov Sanwo-Olu’s Mother’s House In Lagos (VIDEO)Lagos youths have set the family house of Governor Babajide Sanwo-Olu on fire.

This was after the Governor said that no nobody was killed during the shooting by soldiers at Lekki Toll Gate on Tuesday night.

Sanwo-Olu had debunked claims that the soldiers opened fire and killed some peaceful protesters.

Recall that men of the Nigerian Army reportedly opened fire on protesters following the declaration of 24 hours curfew by the Lagos State Governor, Babajide Sanwolu.

Bullets fired by security operatives hit some persons and at least two persons have been confirmed killed by the police and many injured

Voices in viral footage blamed the shootings on soldiers.

However, the angry youth attacked several important places such as Nigeria Port Authority, TVC News, and the family house of the Governor where his mother resides.

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