Showing posts with label Dr. Yemi Kale. Show all posts
Showing posts with label Dr. Yemi Kale. Show all posts

Friday, September 8, 2023

Nigeria’s New Jobs ‘Data’: NBS Makes Itself A Laughingstock!

 By Olu Fasan

The news came like a bolt from the blue. Nigeria’s jobless rate dropped from 33.3 per cent to 4.1 per cent in August, declared the National Bureau of Statistics, NBS. It was a meteoric rise in employment that called for national celebration. Except that it was a lie, a total fabrication. Nothing changed in Nigeria’s depressing unemployment situation. The sharp ‘drop’ from 33.3 per cent to 4.1 per cent only came about because the NBS changed the methodology for measuring unemployment. It was a shameful statistical sleight of hand!

Every statistical body must crave public confidence in the data it produces, based on the cardinal rule that data must be ethically sound and stand up to scrutiny. But the NBS breached this rule with jobs data that are utterly misleading, suggesting that Nigeria’s jobless rate magically came tumbling down from 33.3 per cent to 4.1 per cent. But nothing magical happened. It was a human contrivance. The NBS said the methodology that produced the jobs data was “in line with international best practices”, saying it was “recommended” by the International Labour Organisation, ILO.

Thursday, May 26, 2016

And The Truth Shall Make President Buhari Free

By Reno Omokri
Having worked twice at the Nigerian Presidential villa and once at the British Parliament, if there is anything I have learnt, it is that it is impossible to over inform a leader. You can under inform him, but no matter how much information you give a leader, you cannot give him too much information.
*Buhari 
In today’s world, strength and weakness are gauged differently than they were, say in 1984. In the millennial age in which we live in, information is power and lack of information is weakness. My concern is that there are a lot of weaknesses in Nigeria’s seat of power because not enough information is being given to President Muhammadu Buhari. I, like other Nigerians, have heard or read reports of ministers in President Buhari’s cabinet being afraid to challenge him or disagree with him. Perhaps unawares, the minister of state for petroleum, Dr. Ibe Kachikwu, corroborated these reports in a recorded YouTube video now circulating where he revealed that the President ignores his ministers when they bring up issues that he does not want to discuss.

Having such anodyne personalities around you just means that you are living in a bubble, seeing things as you want them to be and not as they are. On Friday May 20th, 2016, Dr. Yemi Kale, the Statistician General of the Federation and head of the Nigerian Bureau of Statistics revealed that Nigeria’s economy had not grown in the first quarter of the year but had rather shrunk by 0.36%, the worst contraction in 25 years! Since the announcement was made, there has been various reactions with pundits pointing at this or the other as being the cause of this setback. But I am convinced beyond any reasonable doubts that this negative trend owes more to President Muhammadu Buhari’s utterances on our economy and polity than to any other single causative factor.

 The bigger problem is that even though I suspect that his ministers know that what I have just said is true, they would rather pander to the President and like Dr. Chris Ngige, say that Nigerians are lucky to have President Buhari (obvious Ngige does not know the meaning of luck). In the last eleven months, the President had traversed the globe and has spoken about Nigeria’s economy as if he was the chief undertaker of our polity rather than the chief marketer that he is meant to be. Of what benefit is it to the President’s agenda or to Nigeria’s economic well being for him to go to foreign nations and instead of highlighting the positive things that are happening in Nigeria, he begins to regale his hosts with the most unsavory stories about Nigeria.

 And some of the stories the President tells are just that-tales. They are not factual. At best they are arguable. You go to India for a summit where other world leaders are competing with you for the attention of venture capitalists and foreign investors and while your counterparts are talking about how great their countries are, you tell the audience how everybody in your country is corrupt except you and oh, can they come and invest in your country? Only a foolish investor would go and invest in a country whose President thinks his citizens are ‘criminals’ (as the President said to the Telegraph of UK in February) and whose officials are ‘fantastically corrupt’ (as the President said in agreement with British PM David Cameron when questioned by Sky News). The President speaks on the Nigerian economy and polity without any filters and his comments are causing his chickens to roost with devastating consequences for all of us.