This website has been deprecated and will be close soon, check our new version!
This website has been deprecated and will be close soon, check our new version!

“Unemployment under Buhari’s governance is the worst ever in the Nigerian history” World Bank

The latest world bank report has indicated that the Nigerian unemployment rate has risen to its worst state making it the worst view of its status since Nigerian independence.

Buhari’s administration and governance have gained attention following how they emerged as the worst governance ever in Nigerian history via economy rate.

You may also like: No bandit’s attack experienced during the Eid Mubarak celebration shows that buhari has defeated insecurity- Buhari’s special adviser, Femi Adesina

The current rate of unemployment in Nigeria has risen fivefold from 6.4 per cent in 2010, hitting 33.3 per cent as of the last quarter of 2020, according to the National Bureau of Statistics.

World Bank also outlined that the unemployment rate that started rising when Buhari took charge as the president has worsened amidst the effect of Covid-19 traumas.

The report was published in collaboration with Rapid Social Response trust fund (RSR) and Korea World Bank Partnership Facility ( KWPF)

In their words, they said:

“The rise in unemployment rates has been particularly acute since the 2015- 2016 economic recession and has further worsened as COVID-19 led to the worst recession in four decades in 2020.”

Follow Us

Do you find Xclusiveloaded useful? Click here to give us five stars rating!


Join the Discussion

No one has commented yet. Be the first!

Leave a Reply

Your email address will not be published. Required fields are marked *