Tag: Unemployment Rate
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NBS Unemployment Data a Fabrication – NLC, Business Groups Reject 4.3% Figure
Nigeria’s unemployment figures have sparked controversy as the National Bureau of Statistics (NBS) reports a decline to 4.3% in Q2 2024, down from 5.3% in the previous quarter. However, the Nigerian Labour Congress (NLC) and business leaders have strongly contested these figures, describing them as disconnected from economic realities. Key Statistics Under Scrutiny According to…