Madagascar, Burundi, and Mozambique lead Africa in female workforce participation, with rates above the global average of 48%.
The 2024 estimate ranks Nigeria 30th in Africa, with a female labour force participation rate of 52%.
At least 80% of adults in Madagascar, Tanzania, and Ethiopia who can work are employed or actively seeking jobs.
Across Africa, 63% of working-age people are engaged in the workforce. However, in Algeria, Morocco, and Djibouti, participation is below 45%.
Only a small share of workers under 30 spend more than three years with a company. This trend changes with an increase in age range and explains why employees in Nigeria above 40 are more likely to remain with a company for extended periods than younger workers.
The Nigerian Workplace Report indicates that over 50% of Nigeria’s working population earns less than ₦200,001 monthly. It further highlights that individuals earning above ₦600k are among the top 10% earners.
Nigeria’s population growth has outpaced its economic performance. From 1960 to 2023, the population increased from 44.9 million to an estimated 223.8 million, putting immense pressure on resources.
The country's GDP peaked at $574.2 billion in 2014 but dropped to $362.8 billion in 2023.
As of 2023, the global labour force has expanded to an estimated 3.63 billion, driven by population booms in key regions.
China and India lead with a combined 1.37 billion people 15+ active in the workforce.
Nigeria ranks 7th with 76 million, following the US, Indonesia, Brazil, and Pakistan.
The newly created Ministry of Livestock Development will push Nigeria's ministerial count to 50. President Tinubu's federal executive cabinet is the largest since Nigeria's return to democracy in 1999.
Within the first 12 years of the Fourth Republic, the largest cabinet had 30 ministers. President Jonathan was the first to have more than 30 ministers, with subsequent terms having more ministers.
In the world's top 1,000 scrabble players' ranking, Nigerians occupy 156 positions, marking the highest representation from any country. According to ratings by the World English-language Scrabble Players' Association (WESPA), the top 1,000 players are from 43 countries.
In 2023, Nigerians went to the polls to elect the president and Federal House of Assembly members and elect state governors and House of Assembly members. Here's a breakdown of the 14,859 candidates who participated in the 2023 general elections in Nigeria.
Nigeria was the seventh most populous nation in the world in 2020, with 206.1 million people. Projected to reach a population of 401.3 million by 2050, Nigeria will rank third after India (1st) and China (2nd). According to Institut national d'études démographiques' projections, Nigeria, Ethiopia, DR Congo, Egypt, Tanzania, and Kenya will be among the world’s top 20 most populous countries by 2050.
