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We are intervening in 86 interstate boundary disputes now ― D-G, NBC

We are intervening in 86 interstate boundary disputes now ― D-G, NBC

The National Boundary Commission (NBC) says it is currently intervening in 86 interstate boundary disputes with the determination to create a peaceful atmosphere within the boundary corridors. The Director-General of the Commission, Mr Adamu Adaji, made this known at the News Agency of Nigeria (NAN) Forum in Abuja. Adaji reiterated the commission’s commitment to ensure […]

Nigeria’s GDP grows 0.51% in Q1’21 – NBS

Nigeria’s GDP grows 0.51% in Q1’21 – NBS

By Elizabeth Adegbesan The National Bureau of Statistics, NBS, said the nation’s Gross Domestic Product (GDP) grew by 0.51 per cent in the first quarter of the year (Q1’21). In its recently released GDP Report, the bureau said the growth in GDP represents the second consecutive quarter-on-quarter (QoQ) growth since Q3’20 where GDP stood at […]

Plateau, Kano, Abia residents pay highest for petrol in April ― NBS

Plateau, Kano, Abia residents pay highest for petrol in April ― NBS

The National Bureau of Statistics (NBS), says residents of Plateau, Kano, and Abia states paid the highest amount for Premium Motor Spirit (PMS), popularly called petrol in April. The NBS said this in its “Premium Motor Spirit (Petrol) Price Watch for April 2021’’ obtained from its website on Wednesday in Abuja. It said that Plateau […]

Average price of kerosene, cooking gas increases in April ― NBS

Average price of kerosene, cooking gas increases in April ― NBS

The National Bureau of Statistics (NBS), says the average price per litre paid by consumers for National Household Kerosene increased from N361.29 in March to N362.68 in April. The bureau said this in its “National Household Kerosene Price Watch (April 2021)” obtained from its website on Wednesday in Abuja. The NBS said the price of […]

Inflation reduces by 0.05% in April ― NBS

Inflation reduces by 0.05% in April ― NBS

The National Bureau of Statistics (NBS), says inflation rate reduced by 0.05 per cent in April compared to what obtained in March.’ It said while the inflation rate stood at 18.17 per cent in March, it reduced to 18.12 per cent in April. The rate is contained in the NBS’s Consumer Price Index (CPI) report […]

Company Income Tax increases by N97.05bn in Q1, 2021 ― NBS

Company Income Tax increases by N97.05bn in Q1, 2021 ― NBS

The National Bureau of Statistics (NBS) says N392.77 billion was generated as Company Income Tax (CIT) in Quarter One, 2021 (Q1, 2021) an increase of N97.05 billion over N295.72 billion generated in Q4 2020. This is revealed in the “Company Income Tax by Sectors, Q1 2021” obtained from the bureau’s website on Wednesday in Abuja. […]

NBS, NPA sign agreement on data collection

NBS, NPA sign agreement on data collection

By Emmanuel Elebeke To improve data collection and analytics on port related activities, the National Bureau of Statistics (NBS) and the Nigerian Ports Authority (NPA) on Tuesday signed a Memorandum of Understanding (MoU) in Abuja. The MoU was signed by Mr Yemi Kale, Statistician-General of the Federation, while the Managing-Director, NPA, Hadiza Usman sign for […]

Headline inflation rises to18% in March – NBS

Headline inflation rises to18% in March – NBS

…As food inflation soars By Elizabeth Adegbesan Headline inflation rose to 18 percent in March representing 0.82 percent points year-on-year (YoY) rise  when compared to 17 percent recorded in February. Similarly, food inflation rose YoY by 5.0 percent points to 23 percent in March from 22 percent in February. The National Bureau of Statistics, NBS, […]

Poor households suffer volatile work situations — NBS survey

Poor households suffer volatile work situations — NBS survey

By Elizabeth Adegbesan A survey by the National Bureau of Statistics, NBS, has shown that poorer households suffered volatile work situations in February this year, resulting in a six-month (September to February 2020) decline in the share of workers in the lowest consumption quintile/ class. The survey report titled, “COVID-19 National Longitudinal Phone Survey (NLPS), […]

FG, states’ debt profile rise to N32.92trn — NBS

FG, states’ debt profile rise to N32.92trn — NBS

Nigeria’s total  public debt portfolio as at December 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics, NBS, revealed yesterday. It made the revelation in its Nigerian Domestic and Foreign Debt report for Quarter Four, 2020, obtained from its website in Abuja, adding that the debt profile was for the states and the […]

Transport fare rises in February — NBS

Transport fare rises in February — NBS

transport fare paid by passengers for bus, motorcycle (Okada) and water way journeys rose in February due to the slight increase in petrol price during the period.

COVID’19: 58% households reduce food consumption in 6 months — NBS

COVID’19: 58% households reduce food consumption in 6 months — NBS

By Elizabeth Adegbesan A National Bureau of Statistics (NBS) survey has shown that 58 percent of households in the country reduced their food consumption between July and December 2020 in order to cope with shocks caused by COVID’19. According to the Bureau, this and other strategies adopted by households to cope with COVID’19 shocks are […]