Mitigating Nigeria’s Unemployment Post-COVID

Author: PERL

This note attempts to review options for Nigeria to consider in dealing with the looming increase in unemployment and under-employment as a result of the COVID-19 disruptions. While recognising the interventions by the Federal Government to recruit hundreds of millions of Nigerians in public works and provide fiscal and monetary policy stimuli across sectors, early estimates suggest that these interventions may not fully abate the impact of the economic slow-down. Based on various policy options and learning points from other countries, some policy options and outlook are presented to assist policy makers in reviewing alternatives for Africa’s largest workforce.