World Bank: Nigeria records huge job losses amid COVID-19

Unemployment in Africa.PHOTO/Reuters

At least  42% of people surveyed in Nigeria have reported losing their jobs during the coronavirus pandemic, while 79% reported a loss in income, the World Bank has said.

In Ethiopia, 45% of urban households and 55% of rural households contacted through a phone survey reported income losses because of the outbreak, it added.

Nigeria has the biggest population in Africa (about 190 million) and Ethiopia the second-biggest (about 102 million).

“The shocks caused by the pandemic might send between 13 and 50 million people into extreme poverty in Sub-Saharan Africa,” the World Bank warned.

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