Unemployment rate in Nigeria rises to 18 million – NBS reveals

The percentage of unemployed Nigerians increased from 16.2 percent in the second quarter of 2017 to 18.8 percent in the third quarter.

This is according to the third quarter unemployment report which the National Bureau of Statistics (NBS) released on Friday.

“The number of unemployed people within the labour force who are unemployed or underemployed increased from 13.6 million and 17.7 million respectively in Q2 2017 to 15.9 million and 18.0 million in Q3 2017,” the report read.

More details to follow.