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Osun State is now the state with the lowest unemployment rate in Nigeria. Recent figures released by the National Bureau of Statistics (NBS) show that the state leads with the unemployment rate of 10.1 percent followed by Oyo with 10.3 percent.
The figures show that Nigeria’s South Western region has the lowest unemployment rate regionally with 14 percent, while the South South has the highest in 32 percent.
The new figures corroborate earlier figures released by the NBS, UNDP Statistics on Miserable Index and the Financial Derivatives Company findings, all putting Osun top in Financial Sustainability, Investment in its people and Less Poverty Ridden in 2016, 2017 and 2018.
The latest report shows the results of the long-term investment drive of the state government under the immediate past administration of Rauf Aregbesola and the incumbent of Governor Gboyega Oyetola in youth employment, women empowerment, massive infrastructural development and other developmental strides that has meaningfully impacted positively on the fortunes of the state.