The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) is urging m the federal government to implement diversification to tackle rising unemployment rate impeding growth and development.

FG Targets 0.6% Poverty Rate, 6.3% Unemployment Rate The Federal Government says it targets to reduce the poverty rate to 0.6 per cent and the unemployment rate to 6.3 per cent by 2030 and 2050 agenda. The Minister of Budget and Economic Planning, Atiku Bagudu, said...

Rising Unemployment and Inflation: The Fallout of Nigeria's Subsidy Removal, by Omojo Wada   Consider the wonderful purpose of subsidies, a kind gesture that allows individuals and businesses access to petrol, an essential treasure, despite limited resources. However, in this tale, the small and medium enterprises...

Experts Groan As Buhari Hands Over Struggling Economy   The current regime inherited a frail economy. Despite Nigeria’s economy growing by over six per cent in 2014, economic growth slowed to about three per cent by 2015 – reported as the lowest in the democratic era....

NBS only Agency Authorised to Issue Unemployment Figures in Nigeria, Says Satistician-General   The Statistician-General of the Federation, Prince Semiu Adeyemi Adeniran, has cautioned Nigerians and urged them to discard and disregard any unemployment figures or data coming from any other body or organisation aside the...

Insecurity May Worsen Unemployment, Poverty - Report Insecurity challenges in the country which continued after 2022 may worsen poverty and high unemployment rate in 2023, according to a report by Augusto & Co, a research, credit ratings, and risk management firm. The firm said in its...