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FG To Meet World Bank Over NBS ‘Confusing’ Employment Statistics

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Adedayo Babatunde
Adedayo Babatunde

Adedayo Babatunde is a seasoned journalist and an enthusiastic organic writer, who is passionate abo...

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The Federal Government and the World Bank will on Thursday hold a virtual meeting to discuss the modalities used by the National Bureau of Statistics (NBS) in gathering data for employment statistics.

Senator Chris Ngige, the Minister of Labour and Employment stated this on Wednesday while receiving the leadership of the Chartered Institute of Personnel Management in his office.

He said, “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.

READ ALSO: 82.9 Million Nigerians Live In Poverty - NBS

“There has been a little confusion there as to the accuracy of data generated by the NBS. So, we want to align everything tomorrow (Thursday). The World Bank says the NBS methodology doesn’t conform to the global standard, especially the ILO format of arriving at such Employment Index.”

Ngige who described the meeting as very important recalled that he had severally queried the employment statistics released by the NBS.

Regarding the review of labour laws in the country, the minister said, “Progress has been made and it is now at the validation stage” and expressed gratitude to CIPM for being part of the process.

READ ALSO: Nigerian Households Spent N4.24trn On Fuel, Electricity, Telecoms, Others - NBS

“On your (CIPM) request to play a more active role; it is the more, the merrier. We will be happy to have you on board, as you are part and parcel of our Ministry. The institute has grown and will continue to grow. For us in the Ministry, our doors remain open whenever you want us to assist,” the minister said.

Ngige accepted the offer from the CIPM for his induction into the institute in recognition of his “competence and frontline position in managing labour and industrial relations in the country.”

READ ALSO: Inflation Rises To 12.16% In March - NBS

Earlier, the President of CIPM, Wale Adeniran, told the minister that they came to celebrate him for his role in managing the industrial crisis which enables the economy to run.

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Adedayo Babatunde
Adedayo Babatunde

Adedayo Babatunde is a seasoned journalist and an enthusiastic organic writer, who is passionate abo...

More From this Author

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