How many unemployed graduates do we have in Nigeria?
25 million unemployed graduates
In Nigeria, there are about 25 million unemployed graduates and this is a wake-up call for national planning in the area of employment.
What is the unemployment rate in Nigeria in 2020?
approximately 9.01 percent
In 2020, the unemployment rate in Nigeria was at approximately 9.01 percent.
How many graduates are employed in Nigeria?
Each academic year, universities and polytechnics admit close to 2 million students and produce about 600,000 graduates. On 10 November 2020, the National Youth Service Corps mobilised 66,000 Nigerian graduates for its mandatory one-year service to the country, Vanguard Media reported.
Why graduates are unemployed in Nigeria?
The federal government has explained that millions of graduates in the country are unemployed because they do not have specific skills required for the job market. The Permanent Secretary, Federal Ministry of Education, Arch.
How many graduates are unemployed?
What percentage of graduates get a job? The number of graduates in professional roles is 73.9%, and up to 87.7% of graduates get a job. Only 3% of graduates are unemployed, and around 15% are considered to be inactive, meaning neither employed nor unemployed.
How many graduates are there in Nigeria?
In the academic year 2018/2019, Nigerian universities counted 1.8 million undergraduate students and 242 thousand postgraduate students….
| Characteristic | Male | Female |
|---|---|---|
| Postgraduate | 150,319 | 92,014 |
Which state in Nigeria has the highest unemployment rate?
The State of Benue, in the Middle Belt of Nigeria, registered by the end of 2020 the highest unemployment rate in Nigeria. In the fourth quarter of 2020, about 43.5 percent of the labor force in Benue was unemployed. This was accordingly to the most common international definition of unemployment.
What is the unemployment statistics in Nigeria?
Currently, 33.3% or 23.2 million of the about 70 million people who should be working in Nigeria are out of work. An acceptable level of unemployment would be 4%-6%. The country’s underemployment rate – people who work less than 20 hours a week – is also high at 22.8%.
Which state has the highest rate of unemployment in Nigeria?
How many graduates are produced in Nigeria yearly?
Briefly, the country receives more than 50,000 graduates annually.
Is there a high level of graduate unemployment?
Graduates face highest unemployment rate since austerity era – report. Unemployment among recent graduates has risen to levels last seen during the austerity era, with young people worst affected by job shortages due to the pandemic, according to official data.
What percentage of graduates get jobs?
Employment rates of recent tertiary graduates were lowest at 79.5 % in 2014 (which was 7.4 points lower than in 2008) but were up to 85.0 % in 2019, still 1.9 percentage points below their relative peak in 2008 (at 86.9 %) before going down to 83.7 % in 2020.
What percentage of graduates in Nigeria are unemployed?
The NBS also stated that 38.1% of unemployed have post-secondary education, translating to 25.4m unemployed graduates, with diploma or degree qualifications. Nigeria Graduate report 2016, in fact, said ‘36.26% of recent graduates are currently unemployed’.
What is a graduate in Nigeria?
In the Nigerian context, a graduate can be defined as a person that has successfully completed first academic degree in a university approved by the National University Commission (NUC), in case of university graduates or National Board for Technical Education (NBTE) for polytechnic graduates.
What factors affect the availability of jobs in Nigeria?
The area of residence of Nigerians played a major role in the availability of jobs. The unemployment rate among rural dwellers was 28%, up from 23.9% in Q3, 2018, while urban dwellers reported a rate of 25.4%, up from 21.2%.
How many universities are there in Nigeria?
Similarly, Nigeria presently has 174 universities (43 federal universities, 52 state universities and 79 private universities). Nigeria’s 308-degree awarding institutions (134 polytechnics and 174 universities) have an enrolment population of about 2m and produce about 600,000 graduates yearly.