Organized Labor and employers in Nigeria have vehemently rejected the latest data released by the Nigeria Bureau of Statistics (NBS), which claims that the country’s unemployment rate has decreased by 4.1%. Both parties have labeled this report as fraudulent.
The representatives of Organized Labor argue that the figures presented are a far cry from the actual state of affairs on the ground. They caution that such misleading reports could seriously undermine the NBS’s credibility.
A high-ranking official from the Nigeria Labour Congress (NLC) disclosed to Vanguard that the NBS appears to have recalibrated its criteria for measuring employment, resulting in an artificially lower unemployment rate. According to the official, this is a counterproductive move that risks compromising the integrity of the NBS’s future work.
Speaking anonymously due to restrictions on discussing the matter publicly, the official stated, “Statistical data loses its legitimacy if it fails to reflect the prevailing conditions accurately.
Nigeria’s unemployment needs to improve, as evidenced by factories shutting down and relocating due to a challenging operational environment. One must also question the origin of the supposed new jobs that absorb the influx of graduates entering the job market each year.”
Recalibrating the employment criteria to lower the unemployment rate artificially is viewed as detrimental to the NBS’s future credibility. The call for accurately representing ground realities and aligning statistics with actual conditions is fervently expressed.
The official emphasized that the claim that anyone earning N1000 per week is employed appears to be a manipulation to distort the unemployment rate, diverting attention from the state’s failure to fulfill its economic responsibilities to the nation and its citizens.
In conclusion, there’s a consensus that the figures presented in the report will only be accepted with a thorough investigation into the methodology that led to these findings.