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NESG: Nigeria's Economy Needs 27m Jobs to Avert Crisis
The Business NG
|The BusinessNG
Nigeria must create at least 27 million new formal jobs within the next five years to avert a looming employment crisis, the Nigerian Economic Summit Group (NESG) has warned.
In its latest Jobs and Productivity Report, released during the 31st Nigerian Economic Summit in Abuja, the group projected that without urgent reforms, the country's unemployment and underemployment rate could hit 30 percent by 2030, as the working-age population grows to 168 million.
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