Household kerosene may go beyond the reach of poor Nigerians as the price of the commodity has risen by 118 per cent in the last 12 months. According to the National Household Kerosene report of the Nigerian Bureau of Statistics for September, the average retail price per litre of the[Read More…]
Tag: NBS
In One Year , Airfares Rose By 96.87%
The National Bureau of Statistics has stated that air transportation rose by 96.87 per cent in one year. In its report titled ‘transport fare watch’ (September 2022), the Bureau noted that the average fare paid by air passengers for specified routes single journey, increased by 96.87% from N36,922.97 in September[Read More…]
NBS Says 32 States Fail to Attract Investment in Q2
The Foreign Direct Investment data released by the National Bureau of Statistics shows that thirty-two states failed to attract capital importation in the second quarter of 2022. Of the 36 states and the Federal Capital Territory, only Lagos, Abuja, Anambra, Ekiti, and Kogi witnessed capital inflows. Cumulative capital inflows totalled[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]