Create 3 million new jobs a year through industrialisation, public work and agricultural expansion
- When made: 2015
- Where made: My Covenant with Nigerians
Five years on, Buhari’s government has struggled to meet the target it set itself. The National Bureau of Statistics estimates some 1.21 million jobs were created from the third quarter of 2015 to the second quarter of 2016.
This fell short of the 3 million jobs annual goal.
Unemployment has also risen – from 8.2% in the second quarter of 2015 to 23.1% in the third quarter of 2018. (Note: The methodology for calculating unemployment changed in 2014)
The number of unemployed Nigerians increased from 17.6 million in the fourth quarter of 2017 to about 20.9 million in the third quarter of 2018.
According to the most recent data from the bureau, some 686,747 jobs were created between the fourth quarter of 2015 and the third quarter of 2016. In the fourth quarter of 2015, some 499,521 jobs were created, and in the third quarter of 2016, some 187,226 jobs were created.
The bureau's data also shows that the number of people in full-time employment in the third quarter of 2015 (the full first quarter under Buhari) was 55.2 million. The figure dropped to 53.6 million in the third quarter of 2016. This shows there was a net job loss of about 1.6 million in Buhari’s first year.
The number of people fully employed further dropped to 51.06 million in the third quarter of 2017, an approximately 2.5 million net job loss. However, there was a net job gain of 265,718 between the third quarter of 2017 and the third quarter of 2018.
The National Bureau of Statistics’s employment figures have not been updated since the third quarter of 2018. Dr Baba Madu, who is the head of national accounts at the bureau told Africa Check that the bureau was set to conduct surveys to update employment figures before the Covid-19 lockdown and restriction of movement.
Africa Check, Last Updated May 2020