Tagged: jobs

Senate resumes, begins work on bills to create 7.5m jobs

Eleven economic executive bills being considered by the Senate will create 7.5 million as recession-induced job losses persist, President of the Senate, Bukola Saraki… If the lawmakers successfully pass the bills and things work according to the promise, Nigeria’s surging unemployment rate would be reduced. Number of Nigerians without jobs rose for the seventh straight quarter to 13.9 percent in the third quarter of 2016 from 13.3 percent in the previous period. It was the highest level since 2009, as the number of unemployed rose by 5.2 percent to 11.2 million. Unemployment rate measures the...
Share0 comments

FG employs 200,000 graduates, offers N30,000 monthly.

The Federal Government says it has employed 200,000 graduates who will work for only two years as teachers and agricultural extension workers throughout the country. An online newspaper, The Cable reported that the new employees would be paid N30, 000 per month, which would be paid directly into their accounts. Speaking in Abuja at the second presidential economic communication workshop organised by the office of the vice-president on Friday, the Senior Special Assistant to the VP on media and publicity, Mr. Laolu Akande, said out of the fresh employees, 150,000 would work as teachers while the...
Share0 comments

How Godwin Emefiele Caused Millions Of Nigerians To Lose Their Jobs

The direct policies of the central bank of Nigeria, CBN have been and continue to be at the helm of the current economic crisis and recession that is permanently and irreversibly destroying life and hope for the Nigerian masses. We have repeatedly pointed out these cabal-favorable, masses-exterminating policy decisions that have gotten Nigeria to this point. As support is lost, our teachers are resorting to stealing and the weak are taking their own lives. 4.6 million jobs have been lost according to the National Bureau of Statistics. This is catastrophic!   In January this year, in my article,...
Share0 comments

CBN Forex Policy: Over 40,000 Nigerians To Lose Jobs – Analysts

…Over 40, 000 Nigerians to lose jobs The federal government’s drive to create jobs for millions of unemployed Nigerians may suffer a huge set back following the Central Bank of Nigeria’s (CBN) recent directive excluding some essential raw materials from the list of items valid for forex in the Nigerian Foreign Exchange (forex) markets. According to business analysts, this move will in no time lead to the lay-off of over 40, 000 Nigerians who work in the manufacturing sector. It will be recalled that the CBN recently excluded some essential raw materials from the list of items valid for forex in...
Share0 comments