Dear Subscriber,

It has been brought to our attention that our publication of June 7 2018, titled the LBS breakfast session, contained a clause that could be erroneously construed that the NBS delay in releasing the Q4’17 unemployment data, due for publication on June 5, 2018, could have been politically motivated.

The NBS has informed us, and we believe wholeheartedly that the delay on the unemployment project was as a result of a budget constraint. The data is now due for release in September 2018.

We wish to publicly apologize to Dr. Yemi Kale and the NBS for whatever inadvertent insinuations could have been drawn from our publication.

We wish to state unequivocally that the FDC Think Tank has complete and full confidence in the objectivity, integrity and professionalism of the NBS as an institution under the leadership of Dr. Yemi Kale. We will continue to work closely with Dr. Kale and the NBS to provide objective and dispassionate analysis of economic trends, not only in Nigeria but across the sub-Saharan African region.