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Nigeria is the largest economy in Africa, with high economic potential due to the size of its domestic market, as well as its human and natural resources. The economy recorded an average GDP growth of 5.7% per annum between 2010 and 2014, the official unemployment rate for the working age population is 7.5%. Unemployment in Nigeria is largely attributed to the phenomena of jobless growth, increased number of school graduates with no matching job opportunities, a freeze in employment in many public and private sector institutions and continued job losses in the manufacturing and oil sectors.
Nigeria is an ILO member since 1960 and has ratified 40 international labour Conventions.