Leon Usigbe
The Minister of Labour and Employment, Dr Chris Ngige, on Thursday, affirmed that unemployment in Nigeria has more than quadrupled since 2015.
He said it followed the country slipping into recession first in 2015 and then, in 2020.
The Minister was speaking at the 68th session of the Inter-ministerial briefing organized by the Presidential Communications Team at the presidential villa, Abuja.
He stressed the need to make efforts to stem the negative impact on the economy and the country’s active population.
He explained: “The triple issues of Unemployment, Poverty and Economic disempowerment have remained a disturbing feature of Nigerian Life. The unemployment rate in the country has more than quadrupled since the economy slipped into recession, first in 2015 and later in 2020.
“The unemployment rate in Nigeria rose to 9.9% in 2015 as the current administration came on board.
“In the context of ILO’s definition of unemployment, there is a need to make concerted efforts towards stemming the negative impact of unemployment on the economy and the active population of the country.
“It is in the light of the preceding that the Federal Government recently inaugurated a Technical Working Group (TWG) on Youth Employment and Skills Development to handle the increasing Youth Unemployment and skills development in the Country.”
More details to come later…
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