Nigeria, the most populous country in Africa, has one of the highest unemployment rates at 30%. Once it adopts the International Labour Organisation’s (ILO’s) methodology, its unemployment rate could be as low as 6%. The ILO’s methodology sees an employed person as anyone who works at least 1 hour a week. Nigeria’s statistics bureau required 20 hours a week. Nigerians are facing increasing economic hardship. Inflation is over 22%, the value of the naira is falling and the state has dropped fuel subsidies.
As South Africa already follows the ILO’s, there are only a few percentage points between the Stats SA estimate and the ILO’s of 30%.