42 percent of Nigerians lost their job due to coronavirus - NBS

A recent survey done by the National Bureau of Statistics, NBS, has shown that 42 percent of Nigerians lost their jobs due to the coronavirus pandemic.

The Bureau stated that the survey which was done between April to May 2020 shows the commerce, service and agriculture sectors as worst hit.

The NBS stated that the shock experience between the period from when the index case was first recorded is worst than what Nigerians experienced between 2017 and 2019.

In the survey titled "COVID-19 IMPACT MONITORING", the NBS said;

“In order to track the impacts of the pandemic, the National Bureau of Statistics implemented the Nigeria COVID-19 National Longitudinal Phone Survey (COVID-19 NLPS) on a nationally representative sample of 1,950 households.

“The most widely reported shock experienced by households was an increase in prices of major food items faced by 85 percent of households since the outbreak compared to only 19 percent between January 2017 and January 2019."

The report added: “Many households have struggled to cope with these widespread shocks with 51 percent of all households resorting to reducing food consumption.”