FG Begins Registration of Unemployed Persons in 20 Local Government Areas of Lagos
- Nigeria's government has started the documentation of unemployed persons in Lagos State
- The Directorate of Employment (NDE) said the exercise would be from April 18 to April 28
- The NDE urged residents of Lagos to avail themselves of the chance and register at their local government councils
PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ click on “Recommended for you” and enjoy!
The National Directorate of Employment (NDE) has begun the registration of unemployed persons in the 20 local government areas in Lagos State.
The Lagos office of the NDE said the registration would hold between April 18 and April 28, 2023, at its directorate in Onike, Yaba area of the state.
Source: Getty Images
Exercise to help policymakers
According to NDE, unemployment data is a crucial macroeconomic indicator used in measuring the performance of a country’s economy and helping policymakers to fashion out macroeconomic trends.
PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app!
The registration will provide the required data to allow relevant government agencies to calculate the number of unemployed persons in the labour market.
The same exercise is taking place in other states, such as Abia and Niger, with the promise of spreading to other states.
According to the NDE Coordinator in Lagos State, Serana Edward, all unemployed persons in the state should take advantage of the chance and go to their designated local councils to be part of the programme.
Nigeria rank high in unemployment data
Recent statistics ranked Nigeria as the fourth country in the world with the highest youth unemployment, with 36% of its youth population unemployed.
The National Bureau of Statistics says Nigeria’s unemployment rate is about 33.8%, though analysts have argued the figure could be higher.
Created in 1986 by the military government of General Ibrahim Babangida, the NDE is saddled with formulating a workable organisational framework to address Nigeria’s unemployment challenges.
Reports say the Nigeria Economic Summit Group (NESG) has said Nigeria’s unemployment rate will reach 37% by the end of 2023.
Nigeria ranks 4th among world's top 10 countries with highest youth unemployment
Legit.ng recently reported that there is high youth unemployment globally, which has been attributed to the COVID-19 pandemic.
Countries such as South Africa, Greece, Spain, and Nigeria are listed among the top countries with high youth unemployment rate.
Experts say youth unemployment in any country is a ticking time bomb waiting to go off.
Source: Legit.ng
