The Need
Employment by Type of Engagement in Nigeria
There are more than 85.08 million in Q3 2017, 77.55 million are engaged in some sort of economic activity for at least an hour a week, (8.46 million-1-19 hours; 18.02 million-20-39 hours; 51.06million-above 40 hours), while 7.53 million are doing absolutely nothing.
Among the 77.55 million labor population who were engaged in some extent of economic activity, 38.24% of them or 29.66 million were self-employed engaged in farming/agriculture, and 27,93% or 21.66 million were self-employed in non- farming/agriculture sectors. A total of 19.72 million were working for pay or wage, which was equivalent to 25.42% of the total workers in 2017 Q3. Paid apprentices and unpaid house workers constituted 7.30% and 1.11% of the total working force engaged for at last one hour a week.
– (Monday, January 22, 2018 9.40AM/ NBS).
It’s a known reality that for any business to survive and grow, Profits are vital i.e. Lifeline to generate profits of any Business is marketing. It’s the marketing that brings in the revenues for any enterprise
