Mon. Nov 25th, 2024
Unemployment Statistics Methods

By Adedapo Adesanya

The Nigerian Bureau of Statistics (NBS) has kicked back at the federal government over claims that the World Bank has questioned the methodology employed by the body to generate its employment and unemployment statistics.

The Minister of Labour and Employment, Mr Chris Ngige, on Wednesday while receiving the leadership of the Chartered Institute of Personnel Management (CIPM) in his office said he disputed the data, noting that the methods used do not conform with that of the International Labour Organisation (ILO).

He said, “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 format of arriving at such Employment Index.”

In a tweet, the NBS said that the Bretton Wood institution has denied making such a statement, noting that it had rather called for a collaborative effort.

To clear up doubt, the NBS added that the World Bank should be contacted if there needs to be a clarification.

“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 @nigerianstat. The World Bank can be contacted if in doubt.”

Mr Ngige added that the federal government will meet virtually with World Bank representatives to discuss the modalities of the NBS’s data gathering.

“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,” he said.

According to the latest NBS unemployment report released in March, the country’s unemployment rate rose from 27.1 per cent in the second quarter of 2020 to 33.3 per cent in the fourth quarter of the year.

By Adedapo Adesanya

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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