Connect with us

NEWS

Nigeria’s Unemployment Rate Drops To 4.3% In Q2 2024 – NBS

Published

on

The National Bureau of Statistics (NBS) has announced a significant drop in Nigeria’s unemployment rate, which fell to 4.3% in the second quarter of 2024, down from 5.3% in the first quarter.

The data was revealed in the Nigeria Labour Force Survey (NLFS) report for Q2 2024, released on Monday.

The report highlighted improvements across several labor market indicators.

READ MORE: JUST IN: 17 Feared Missing After Tourist Boat Sank In Egypt’s Red Sea

The labor force participation rate among the working-age population rose to 79.5% in Q2 2024, compared to 77.3% in Q1.

Similarly, the employment-to-population ratio climbed to 76.1%, an increase of 2.9 percentage points from the 73.2% recorded in the first quarter.

On a year-on-year basis, however, the employment-to-population ratio saw a slight decline from 77.1% in Q2 2023.

The NBS also noted a reduction in the combined unemployment and time-related underemployment rate, which fell to 13% in Q2 2024 from 15.3% in Q1.

Urban vs. Rural Unemployment

A closer look at the data revealed disparities in urban and rural unemployment rates.

The unemployment rate in urban areas was 5.2% in Q2 2024, nearly double the 2.8% recorded in rural areas.

Youth and Education Employment Metrics

The youth unemployment rate (ages 15-24) stood at 6.5% in Q2 2024, while unemployment among individuals with secondary education was slightly higher at 7.6%.

The report also showed that 12.5% of youth were not in education, employment, or training (NEET), with a higher proportion of females than males in this category.

Informal Sector Employment

Informal employment remained dominant in the Nigerian labor market, accounting for 93% of jobs. Additionally, 3.7% of the working-age population was engaged in subsistence agriculture.

Time-Related Underemployment Declines

The time-related underemployment rate dropped to 9.2% in Q2 2024 from 10.6% in the previous quarter, marking continued progress in addressing labor underutilization.

 

NEWS

Natasha Distorted Facts, Embarrassed The Senate – Akpabio

Published

on

Senate President Godswill Akpabio has accused suspended Senator Natasha Akpoti-Uduaghan of distorting facts and misrepresenting the Nigerian Senate at an international forum.

Recall that Akpoti-Uduaghan, the senator representing Kogi Central, was suspended for six months over alleged violations of Senate rules.

However, she took her grievances to the United Nations Inter-Parliamentary Conference in New York, where she accused Akpabio of victimization, sexual harassment, and abuse of office.

READ ALSO: Natasha’s Suspension Not Linked To Harassment Claims – Senate

During Thursday’s plenary session, Akpabio condemned her actions, stating that she had embarrassed the Senate by presenting a misleading narrative to the global audience.

“I am aware that she distorted the facts and globalized the matter, embarrassing the Senate by giving a different narrative,” Akpabio said.

He commended federal lawmaker Kafilat Ogbara for intervening and clarifying to international media that Akpoti-Uduaghan’s account did not reflect the true events in the Senate.

The Senate President further criticized Akpoti-Uduaghan for bypassing internal legislative procedures, saying she initially filed a petition in the Senate but later took the matter to court and the international community.

“She brought the matter before the Senate through a petition but did not allow us to examine it. Instead, she took it to court and later to the international community. Actions like these could discourage politicians from appointing women into key positions,” Akpabio said.

His remarks came after he received a vote of confidence from his colleagues, reaffirming his leadership in the upper chamber.

He urged senators to remain focused on legislative responsibilities and not be distracted by controversies.

“I thank you for this vote of confidence. Let us stay focused and avoid unnecessary distractions,” he added.

 

Continue Reading

NEWS

Senate Passes Vote of Confidence In Akpabio Amid Controversy

Published

on

Meet Sen Akpabio, 10th Senate President For National Assembly

The Nigerian Senate, on Thursday, passed a vote of confidence in the leadership of Senate President Godswill Akpabio, reaffirming its support despite the controversy surrounding the upper legislative chamber.

The decision followed a motion moved by Senate Leader, Senator Opeyemi Bamidele, under Orders 40 and 51, emphasizing the need for clarity, adherence to legislative procedures, and a renewed focus on governance.

The controversy stems from the suspension of Senator Natasha Akpoti-Uduaghan (Kogi Central) after she accused Senate President Akpabio of sexual harassment.

READ ALSO: Natasha’s Suspension Not Linked To Harassment Claims – Senate

In response, she petitioned the United Nations’ Inter-Parliamentary Union (IPU), decrying her suspension as unjust.

However, the Senate, in a statement to the IPU on Wednesday, refuted claims that her suspension was linked to her allegations, maintaining that she was disciplined for “gross misconduct and disobedience to Senate rules.”

During plenary, Senator Bamidele dismissed suggestions that the Senate was informed of any sexual harassment claims against Akpabio between August 2023 and the present.

He insisted that the matter at hand strictly concerned disciplinary measures.

“I want to make it clear that the matter referred to the Committee on Ethics and Privileges had nothing to do with sexual harassment,” he stated.

“The Senate President did not preside over any case related to such allegations. What was addressed was a flagrant disregard for Senate rules, and we followed due process as guided by the Constitution.”

Bamidele further defended the Senate’s authority to regulate its proceedings, asserting that disciplinary actions, including suspension, were necessary to maintain order and legislative integrity.

“It was never an issue before us that any senator was sexually harassed. We need to move past the events of the last two weeks and focus on our legislative responsibilities. There is critical work before us, including electoral reforms, economic recovery, and tax reform bills,” he said.

Addressing concerns over international reactions, Bamidele clarified that Senator Akpoti-Uduaghan’s statements at the IPU meeting were made in a personal capacity and not as a representative of Nigeria.

“The IPU acted within its own rules, and whatever was said by the senator in question was not as a designated delegate from Nigeria,” he added.

He also called on Civil Society Organizations to remain objective, urging them to focus on genuine cases of sexual harassment rather than politicizing legislative disciplinary actions.

“We have heard you, but we need to concentrate on our work. If we choose to be silent on this matter going forward, know that it is intentional on our part,” Bamidele stated.

Following deliberations, the Senate overwhelmingly passed a vote of confidence in Akpabio’s leadership, commending his handling of the situation.

Deputy Senate President, Senator Barau Jibrin, who presided over the plenary session, emphasized that with the 2024 budget now passed, lawmakers must shift their focus to their oversight functions.

He further stated that the matter is now before the courts and urged the Senate to allow the judiciary to take its course.

 

Continue Reading

NEWS

Peter Obi In High-Level Meeting With Gov Bala Mohammed

Published

on

Former Labour Party (LP) presidential candidate, Peter Obi, is currently in a closed-door meeting with Bauchi State Governor, Bala Mohammed.

The meeting, which is taking place at the Ramat House in Bauchi, remains undisclosed to the public, as no official reason has been given for the high-profile discussion.

READ MORE: El-Rufai’s Son Makes U-Turn On Peter Obi, Blames APC For ‘Poisoning’ His Mind

However, details are expected to emerge once Obi and Mohammed address journalists after the meeting.

 

 

 

 

More to follow………… 

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.