May Day 2018; Job Creation Still A Priority for Nigerians

Abuja, Nigeria. May 1st, 2018 – International Workers' Day, also known as Labour Day in some countries is a celebration of labourers and the working classes promoted by the international labour movement which occurs every year on May 1st. In commemoration of Worker’s Day, NOIPolls reflects on findings from one of its past poll on issues facing Nigeria, conducted in January 2018 which revealed job creation (39 percent) as the top priority on citizens’ list of what government should focus on in 2018. This is no surprise as unemployment has been one of the greatest challenges facing the Nigerian economy snowballing into other socio-economic issues such as poverty and insecurity amongst others. Moreover the issue of unemployment has maintained an upward rising trend over the years. According to the National Bureau of Statistics (NBS), the country’s unemployment rate rose from 14.2 percent in Q4, 2016 to 18.8 percent in Q4, 2017. Not to mention youth unemployment rate in Nigeria which increased to 33.10 percent in the third quarter of 2017 from 29.50 percent in the second quarter of 2017.[1] 

Furthermore, while the onus is on the government to create jobs especially through an enabling environment for SMEs to thrive, there is a clear indication that Nigerians are willing to explore various opportunities in tackling the issue of unemployment.  In revealing their aspirations for 2018 (shown in figure below), majority (33 percent) of Nigerians indicated that they would love to start up a new business or expand their businesses for those who already have businesses, further buttressing the high rate of unemployment  in the country.[2] The result also portrayed that some Nigerians are either not employed or are not satisfied with their present state of employment as 19 percent disclosed that their goal for 2018 is getting a job or to have a change of job.

In view of the May Day celebration, reflection on workers welfare especially in the area of minimum wage is also pertinent as this plays a huge role in incomes among families at the bottom of the income distribution as well as the poverty rate. A poll conducted on workers welfare in 2011 poll showed that Nigerians believed that the minimum wage of ₦18,000 naira was inadequate hence they clamoured for an upward review to ₦56,000 naira. Seven years following the outcry of Nigerians though the opinion poll on minimum wage, it still stands at ₦18,000 in 2018. While government is working towards a new minimum wage, it is important for an urgent implementation of necessary steps towards improving workers welfare in Nigeria. In line with this, the Secretary to the Government of the Federation (SGF), Boss Mustapha, during a dinner and award night organised to mark the Nigeria Labour Congress (NLC) 40th Anniversary celebration held in Abuja in March, 2018, stated that the Federal Government is committed to ensuring that the new National Minimum Wage meets the present economic realities. 

Finally, as Nigerians join the world in celebrating worker’s day, it is pertinent for government to address issues pertaining to job creation, minimum wage and welfare of Nigerian workers.[3] An important line of action the government needs to adopt in creating jobs through an enabling environment would be to address Nigeria’s infrastructure issue; especially in the area of adequate power supply as this would naturally incentivise the spring of more SMEs and attract more foreign investors. This will in turn lead to more employments opportunities in the country. Another critical line of action which needs to be considered is the revival of the agricultural sector with an emphasis on improving the image of agriculture in Nigeria to attract youth participation; employing greater use of Information and Communication Technologies (ICT); partnership with the private sector; easy access to land and credit in order to generally make agriculture more lucrative. These would go a long way in tackling the issue of unemployment especially for the Nigerian youths as well as create opportunities for multiple streams of income even for the employed. 

Disclaimer

This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. 

NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. 

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[1] https://tradingeconomics.com/nigeria/youth-unemployment-rate

[2] https://www.vanguardngr.com/2017/12/nigerias-unemployment-rate-rises-14-2-18-8/

[3] https://www.premiumtimesng.com/news/top-news/260265-nigerian-govt-says-new-minimum-wage-will-meet-economic-realities.html