It goes without saying that Covid-19 has affected the livelihoods of many Nigerians. Our unemployment rate was already at a disappointing high and newer projections predict that it may rise to 33.6% by the end of 2020 – that’s 39.4 million Nigerians. While supporting micro, small and medium enterprises (MSMEs) is a major part of what we do, here at CICOD, we are also committed to providing young people with viable job opportunities so that we can begin to provide …
Tag: unemployed
Vice President Yemi Osinbajo has revealed that 39.4 million Nigerians might be out of job by the end of 2020 according to projections received by the economic sustainability committee. Osinbajo who disclosed this while presenting the committee’s report to President Muhammadu Buhari on Thursday June 11, said the National Bureau of Statistics also projects that the country would have a revenue shortfall of N185 billion monthly with oil prices at $30 a barrel. The Vice President stated the projection might come to reality …