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Nigeria’s Economy Created 1.2m Jobs in 2013 -NBS

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The Nigerian economy created a total of 1.163 million jobs within the 2013 fiscal year, the National Bureau of Statistics (NBS) has said.

The jobs, according to the bureau in its latest job creation survey result released on Monday were created in the formal, informal and public sectors of the Nigerian economy.

A breakdown of the figure showed that the sum of 431,021 jobs were created in the first quarter of 2013.

For the second, the bureau said 221,054 jobs were created while the figure increased in the third and fourth quarters to 245,989 and 265,702 respectively.

Addressing journalists on Monday in Abuja on the outcome of the exercise, Dr Yemi Kale, statistician general of the Federation and chief executive of the NBS said the jobs were created as a result of business expansion, seasonal growth and the need to attract new skills.

“These reasons for employment generation point to a thriving business environment in the country and gives further credence to the economic growth indicators,” he said

Kale explained that contrary to views expressed in some quarters that jobs were not been created, majority of jobs had been created in the economy.

He said in order to feel the impact of jobs creation, the number of jobs created had to surpass significantly the jobs demanded.

He said, “Job creation is, no doubt, a pressing topic in Nigeria as stakeholders struggle with the fact that despite several years of impressive annual growth rates, unemployment and under employment remains relatively high.

“This doesn’t mean that jobs are not being created. The question is whether the jobs being created are enough to meet the demand for jobs which amount to an average of 1.8 million every year.

“Even if jobs being created matched jobs being demanded, there is still the problem of existing pool of millions unemployed.

“Thus, for any meaningful impact on jobs created, the number of jobs created had to surpass significantly the jobs demanded otherwise the impact of jobs being created will not be visibly felt and tis will lead to the understandable suggestion that no jobs are really being created.”

The NBS boss noted that the result of the job creation survey exercise conducted by the bureau revealed that the informal sector continues to lead the way in new employment generated in the economy.

For instance, he said in the second, third and fourth quarter of 2013, the informal sector contributed over 54 per cent of total employment.generated in the economy, making it the highest employer of labour in the economy.

He said, “A breakdown of the jobs created in the second quarter indicates that 80,412 jobs were created in the formal sector, 112,567 jobs in the informal sector and 28,075 in the public sector.

“The formal sector contributed 76,385 jobs to the total jobs generated in the third quarter of 2013, while the informal and public sectors generated 140,673 and 28,931 jobs respectively.

“In the fourth quarter, of the total 265,702 jobs, the informal sector contributed 101,597, while the informal and public sectors created 143,278 and 20,827 jobs respectively.”

The NBS boss gave a further analysis of the job creation survey stating for instance that the education sector recorded the highest number of 37,578 new employees in the second quarter.

This, according to him, was followed by manufacturing with 9,000 new employees.

The administrative and support service sector, he noted, however, recorded the lowest number of new employees.

 

 

 


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NITDA, NIMC Partner for Seamless Data Exchange Capabilities

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National Information Technology Development Agency (NITDA) and the National Identity Management Commission (NIMC) have announced a collaboration on National Public Key Infrastructure (PKI) and Digital Public Infrastructure (DPI) to enhance synergy between digital identity, payment ecosystems and secure seamless data exchange capabilities for Nigeria.

NITDA, NIMC Partner for Seamless Data Exchange Capabilities

l-r: Kashifu Inuwa, Director General of NITDA, and Bisoye Coker-Odusote,  Director General of NIMC, during the meeting at the NIMC headquarters in Abuja..

NITDA, which made the announcement on its X handle, said that the collaboration was to further strengthen Nigeria’s digital economy in line with President Bola Tinubu’s Renewed Hope Agenda,

During the meeting, Kashifu Inuwa, director general of NITDA, and Bisoye Coker-Odusote, director general of NIMC, with some management staff of both organisations, discussed various initiatives, which include building DPI stacks for a secured and seamless data exchange and forming partnerships to transform the national identity system.

This collaboration also aims to harness the potential of the innovative ecosystem and emphasise the use of public-key infrastructure (PKI) to drive digital transformation in Nigeria.

To ensure a smooth implementation, a 12-man committee was set up.

This committee will play a crucial role in kickstarting and harmonising the initiatives and is expected to deliver a comprehensive implementation report within the next 4 weeks.

 

 


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Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

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Noble Ajuonu, head, Sydani Technologies Ltd., has urged the Federal Government to harmonise National Identification Number (NIN) and Bank Verification Number (BVN) to tackle crimes and insecurity in the country.

Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

Ajuonu made the call at a media roundtable, organised by Sydani Group in Abuja.

The News Agency of Nigeria (NAN) reports that the roundtable focuses on driving sustainability through a comprehensive analysis of Nigeria’s key development areas.

Ajuonu said that Nigeria could overcome its security challenges and pave the way for a safer, more secure future for all Nigerians by embracing technology and implementing practical solutions,

“We need to harmonise data, prioritise seamless integration of databases like NIN, BVN, and security agency records, establish clear protocols for data sharing and access, with robust safeguards against misuse,’’ expert said.

According to him, the unified data pool will empower intelligence gathering and targeted operations.

He also called for investments in smart surveillance, intelligent video analytics software, training of personnel in data analysis, interpretation of data in real-time to combat crimes.

“There is need to implement a legal framework for call interception in criminal investigations, with strict oversight to prevent abuse, encourage community cohesion, training of tech savvy security personnel with tech-enabled tools.’’

Ajuonu also urged the government to address infrastructure deficit in technology, saying that technology was all encompassing to address insecurity.

“According to the National Identity Management Commission (NIMC), as of December 2023, only 104.2 million Nigerians had been enrolled for the National Identity Number (NIN).’’

Ajuonu added that over 122.2 million citizens left uncaptured for NIN were people in rural areas where enrolment centres, digital services were limited.

“Most crimes are being perpetuated from rural communities and this lack of comprehensive identification creates a gap where elements not captured in the national database can constitute public nuisance, crimes.

“There is the inadequacy in the integration of NIN, BVN and Voters Identification Number (VIN).

“Advanced call interception and analysis tools, used successfully in other countries, could provide invaluable insights into criminal networks and operations but infrastructure is lacking,’’ he said.

Also, Mr Godfrey Petgrave, the Agricultural Expert, Sydani Group, called for empowerment of smallholder farmers with access to finance and training to enhance productivity.

According to Petgrave, Nigeria requires policy reform and institutional strengthening to improve agricultural practices and embrace digital agriculture solutions to address food insecurity.

Mr Akolade Jimoh, another expert of the group on health, advocated for expanded community-based health insurance programmes for rural and underserved areas.

Jimoh added that the country needed to encourage Public Private Partnership to revolutionise products design and quality improvement on health services.


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Konga launches Infinix Brand Week with Incredible Deals

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Konga, Nigeria’s leading composite e-commerce group, is thrilled to announce the launch of amazing deals at its Infinix Brand Week. Infinix, a leading global smartphone brand known for its innovative products and cutting-edge technology promises exclusive discounts and special offers on select smartphones, marking an exciting milestone in the realm of online shopping.

Shoppers can expect nothing short of extraordinary deals on a wide range of Infinix products, all available exclusively on the Konga online platform. With discounts of up to 30% off, this partnership between Konga and Infinix aims to redefine the shopping experience for tech enthusiasts across Nigeria.

Konga Brand Week has become synonymous with excitement and unbeatable deals, and this year’s edition is no exception. In addition to exclusive discounts on Infinix smartphones, shoppers can explore a diverse array of products across various categories, including electronics, fashion, home essentials, and more.

“At Konga, we are dedicated to providing our customers with the best shopping experience possible,” said Rita Ohaedoghasi, VP Marketing at Konga. “The Infinix Week during Konga Brand Week allows us to continue delivering on that promise by offering incredible discounts and special offers on some of the most sought-after smartphones in the market.”

To stay updated on the latest developments and exclusive deals during Konga Brand Week, shoppers are encouraged to connect with Konga across all platforms, including social media and the Konga website. Don’t miss out on this opportunity to score big savings and elevate your tech game with Infinix and Konga.


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