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Newspaper Headlines: Unemployment high and Nigeria’s streaming industry booms

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
March 16, 2021 9:32 am

The data released by the National Bureau of Statistics (NBS) that 21.8 million Nigerians were unemployed in the fourth quarter (Q4) 2020 with a new record of 33.3 percent unemployment rate dominated the headlines of many Nigerian newspapers. One of the dominant issues on the cover pages is the security challenges in the country.

The Nigerian Tribune leads with a report by the NBS that 21.8 million Nigerians were unemployed in the past six months. The newspaper’s cover picture depicts a scene of an accident at Lagos-Badagry expressway, where a container from a truck fell on three cars and a motorcycle.
The Nation reports how on the south-west security outfit, Amotekun, can secure the region. A socio-cultural organisation, Afenifere Renewal Group (ARG) asked governors of the region to strengthen the security outfit, the newspaper says. Its cover picture shows a group of pro-democracy protesters carrying an injured protester in Myanmar. The newspaper says 50 persons have been killed in Myanmar after a military crackdown on protesters.
The Punch reports about the growing safety concerns of AstraZeneca COVID vaccine as some countries especially in Europe have suspended using the vaccine. The newspaper also reports that the Christian Association of Nigeria has initiated legal action against the federal government over the implementation of the Companies and Allied Matters Act (CAMA).
Daily Independent reports the comment of Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), that Nigeria must trade well on the global stage. The newspaper also reports that Atiku Abubakar, former vice-president, asked the federal government to declare a state of emergency on the education sector over the abduction of pupils and students from schools in the northern part of the country.
The Guardian reports that stakeholders in the energy sector are lamenting over the decision of the federal government to pay an average of N155 billion to subsidise petrol for February and March. The newspaper says gunmen have continued to operate unrestrained, carrying out a series of raids and killings in schools and communities.
Business Day says the country’s streaming industry is experiencing a boom, but the cost of internet data slows growth. In another report, the newspaper says Nigeria’s makeup industry has evolved owing to the COVID-19 pandemic, and that consumption pattern of women has significantly changed.

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