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    Return seized assets to me, Diezani tells FG

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    Unemployment: Labour ministry lied, our statistics accurate, says NBS

    The National Bureau of Statistics took to social media platform Twitter on Friday to drag the Federal Ministry of Labour and Employment for faulting its employment statistics.

    Tweeting via its official handle, @nigerianstat, the NBS said contrary to the claim by the Minister of Labour and Employment, Chris Ngige, the Bureau’s methodology for measuring the rate of unemployment in the country conforms with global standards.

    Ngige, on Wednesday, while receiving the leadership of the Chartered Institute of Personnel Management in his office had said, “We have a virtual meeting of the National Economic Advisory Council with the World Bank to look at Nigeria’s modalities for employment statistics data collection.

    “There has been a little confusion there as to the accuracy of data generated by the NBS. So, we want to align everything tomorrow. The World Bank says the NBS methodology doesn’t conform with the global standard, especially the ILO (International Labour Organisation) format of arriving at such Employment Index.”

    But replying on Friday, the NBS tweeted, “The World Bank has denied making any such statement and rather together with the economic advisory committee affirmed its confidence, commendation, support and close working relationship with NBS. The World Bank can be contacted if in doubt.”

    The PUNCH had earlier reported that the Bureau in its report for the fourth quarter of 2020, said 0ver 23 million Nigerians are now jobless as unemployment rate hits 33.3%.

    Latest Posts

    Return seized assets to me, Diezani tells FG

    A former Minister of Petroleum Resources, Diezani Alison-Madueke, has asked a Federal High Court in Abuja to vacate an order granted to the Economic...

    No govt can solve all problems, says Buhari

    The President, Major General Muhammadu Buhari (retd.), on Monday, said no single government was capable of solving all the problems of the country. He said...

    ‘BBTitans’: Kanaga and Blue Aiva are the new Heads of House

    Following the first eviction of the 'Big Brother Titans' Ziyakhala Wahala edition, the third week kicks off with new heads of house. After winning the...

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    The governorship candidate of the Social Democratic Party in Rivers State, Senator Magnus Abe, narrowly escaped death when some hoodlums attacked his campaign train. It...

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