- Economist and investment banker, Atedo Peterside, has given his opinion about Nigeria’s current unemployment rate
- Peterside calls into question the new rate as he compares it with that of the more industrialised South Africa
- The new 4.1% unemployment rate has sparked mixed reactions from several social commentators
Nigerian billionaire and co-founder of Stanbic IBTC Bank has reacted to the sudden drop in Nigeria’s unemployment rate.
Peterside made his reaction known via his official Twitter page, following the release of the Nigeria Labour Force Survey (NLFS) report for Q4 2022 and Q1 2023 by the National Bureau of Statistics in collaboration with the World Bank and International Labour Organisation’s (ILO).
