The National Bureau of Statistics has said it will release new unemployment and employment figures for the country by May 2023.
It disclosed this in a report titled ‘Nigeria Labour Force Framework Re-design 2023’.
It noted that the report will cover data collected from October 19, 2022, to January 22, 2023.
It revealed, “Status of the NLFS: Data collection for 2022/2023 is ongoing beginning from 19th October 2022.
“Q4 report will cover data collected between 19th October 2022 and 22nd January 2023. The report for the reference quarter is almost concluded and will be published before the end of May 2023.”
The NBS noted that it was learning from other countries to improve Nigeria’s labour market statistics.
It said, “Even though collecting high-quality labour market data is among the most difficult tasks that statistical offices around the world face, the NBS has risen to the challenge.
“While this has taken the time and means that comparisons with previous labour market data in Nigeria will not be possible, this places Nigeria’s labour market statistics on more sustainable footing going forward.”
Editor’s Note
In our post on February 19, 2023, in a story ‘Woman burns self to death over failure to offset N70,000 loan’, we reported that a middle-aged woman, simply known as Mama Dada, set herself ablaze over her inability to pay back a loan of N70,000 she reportedly took from a microfinance bank, LAPO. We have since discovered that the microfinance bank referred to in the story was not LAPO Microfinance Bank Limited. We apologise to the LAPO Group for the error in the identification of the name of the said microfinance bank where the deceased took the loan. The mix-up in the name of the MFB is not deliberate.
