The scourge of unemployment, which has been rising in the past decade, is worsening, as the nation lost over 15 foreign businesses in the last three years to unfavourable environment, according to data from the Nigeria Employers’ Consultative Association (NECA).
The information added that over 20,000 workers had either divested or partially closed operations.
This development, according to NECA, has had dire consequences not only for organised businesses, but also for labour, government revenue and households.
