Sokoto state and NBS poverty rating

November 29, 2022 Jerry Uwah 0

Two permanent secretaries with Sokoto State government recently struck curiously discordant tunes over the rating of the state in the 2022 National Bureau of Statistics (NBS) Multi-dimensional Poverty Index. The NBS report rated Sokoto as the state with the highest number of poor people in Nigeria. The NBS report tallies with the World Bank’s poverty rating of states in Nigeria Read More

Poverty: NBS’ 133m figure exceeds World Bank’s projection for 2022 – ActionAid

November 23, 2022 Adeola Akinbobola Abuja 0

ActionAid Nigeria (AAN) has observed that that the current number of 133million poor Nigerians by National Bureau of Statistics (NBS) far exceeds the World Bank’s projection for the country in 2022. The Country Director, Ene Obi in a press release issued in Abuja said the latest findings differ from the World Bank’s, which stated that poverty reduction stayed the same Read More

Curb the rising inflation

October 17, 2022 Blueprint 0

The National Bureau of Statistics (NBS), recently, released a mind boggling report to the effect that Nigeria’s inflation rate rose to 19.64 percent in July, the highest since September 2005. This is quite worrisome as it requires the urgent intervention of the nation’s economic managers, including the Central Bank of Nigeria (CBN) and the National Economic Council (NEC), to halt Read More

The 28 bearish economic sectors

October 3, 2022 Blueprint 0

Data from the National Bureau of Statistics (NBS) indicating that 28 sectors of Nigerias economy declined in the second quarter of 2022 as real Gross Domestic Product shrunk by N63.49bn quarter-on-quarter is quite disturbing. The report portends a gloomy picture for an economy that has relapsed into two recessions within four years. According to the NBS data, while real GDP Read More

Nigerian economy shrinks by N63bn as 28 sectors struggle

September 25, 2022 Blueprint 0

Twenty-eight sectors of the economy declined in the second quarter of 2022 as real Gross Domestic Product shrunk by N63.49bn quarter-on-quarter.While real GDP grew by 3.54 per cent year-on-year in Q2 2022, it declined by 0.37 per cent from the N17.35tn that was recorded in the first quarter of 2021 to N17.29tn in Q2, 2022, according to data from the Read More

Child marriage: A cause for concern

September 21, 2022 Blueprint 0

The Multiple Indicator Cluster Survey (MICS) carried out in 2021 by the National Bureau of Statistics (NBS) as part of the Global MICS Programme in Nigeria, and International Multi-Purpose Household Survey Programme for supporting countries in collecting data on children and women is practically expedient. MICS measures key indicators that allow countries to generate data for use in policies, programmes, Read More

Jitters over NBS report amid worsening inflation

September 16, 2022 Blueprint 0

As Nigeria’s inflation rate for the month of August hit 20.52 per cent, many are afraid that their purchasing power might just be further eroded; BENJAMIN UMUTEME writes. Since the beginning of 2022, Nigerians have been crying about the steady increase in the prices of goods and services. They felt that with the government revenues dwindling coupled with the unavailability Read More

NBS data reliable – Ojowu

August 31, 2022 Benjamin Umuteme Abuja 0

A member of the Economic Advisory Council (EAC), Prof Ode Ojowu, has commended the National Bureau of Statistics (NBS) saying their various reports have been reliable. Prof. Ojowo, who said this in Abuja, added that the reports were a true reflection of Nigeria’s economy. According to the former adviser on economic affairs to President Olusegun Obasanjo, contrary to what many Read More

Halt the hyper inflation

August 30, 2022 Blueprint 0

The National Bureau of Statistics (NBS), a fortnight ago, released a mind boggling report to the effect that Nigeria’s inflation rate rose to 19.64 percent in July, the highest since September 2005. This is quite worrisome as it requires the urgent intervention of the nation’s economic managers, including the Central Bank of Nigeria (CBN) and the National Economic Council (NEC), Read More

Halt the hyper inflation

August 28, 2022 Blueprint 0

The National Bureau of Statistics (NBS), a fortnight ago, released a mind boggling report to the effect that Nigeria’s inflation rate rose to 19.64 percent in July, the highest since September 2005. This is quite worrisome as it requires the urgent intervention of the nation’s economic managers, including the Central Bank of Nigeria (CBN) and the National Economic Council (NEC), Read More

High transport fares persist in first half 2022 – NBS

August 1, 2022 David Agba with agencies 0

The trend of high transport fares across different parts of the country persisted in June, as had been the case since the beginning of the year, data from the National Bureau of Statistics (NBS) has shown. The NBS’ Transport Fare Watch report presents data covering bus journey within the city per drop, constant route, bus journey intercity, state route, and Read More

Nigerians groan as inflation rate worsens

July 22, 2022 Blueprint 0

The latest report by the National Bureau of Statistics (NBS) showed a rise in inflation figures translating to increasing prices of goods and services for Nigerians whose standard of living continues to diminish; BENJAMIN UMUTEME writes. In its Consumer Price Index (CPI) for June 2021, the National Bureau of Statistics (NBS) said inflation rate increased to 18.60 percent on a Read More

Traditional grains cultivation’ll prevent Nigeria from losing trillions of naira via importation – DG RMRDC

June 20, 2022 Blueprint 0

Reports by the National Bureau of Statistics (NBS) on Nigeria’s foreign trade data, states that imported durum wheat was worth N1.29 trillion in 2021. Hence, the Director-General of the Raw Material Research and Development Council (RMRDC) Prof. Hussaini Ibrahim, in this interview, says grain production must be pushed, embraced and industrialised for eco-friendly food sufficiency, especially in post-pandemic to help Read More

Petrol retail price soared in May – NBS

June 18, 2022 NAN 0

The National Bureau of Statistics (NBS) says the average retail price paid by consumers for Premium Motor Spirit (Petrol) increased to N173.08 in May. This is according to the NBS Premium Motor Spirit (Petrol) Price Watch for May, 2022 released in Abuja on Saturday. The report said the increase indicates a 2.99 per cent increase when compared to the value Read More

Nigeria’s capital importation dips 17.5% y/y to $1.57bn

June 7, 2022 Amaka Ifeakandu, Lagos 0

The recent data on capital importation released by the National Bureau of Statistics (NBS), shows that Nigeria’s total capital inflow declined by 17.5 per cent year on year to $1.57 billion in the first quarter of 2022 from $1.91 billion in the corresponding quarter of last year. The decline, according to operators was a result of the growing wariness of Read More

Nigeria’s GDP improves by 3.40% in 2021 — NBS

May 12, 2022 David Agba 0

The National Bureau of Statistics (NBS), has said that Nigeria’s Gross Domestic Product (GDP) rose by 4.03 per cent in the third quarter of 2021. According to the report, in the third quarter of 2021, Nigeria’s real GDP at basic prices grew by 4.03 per cent on a year-on-year basis showing a steady improvement from the economic downturn in 2020. Read More

Statistician General hale, hearty – NBS

April 11, 2022 Benjamin Umuteme 0

The National Bureau of Statistics (NBS) has declared as untrue the report making the rounds that the Statistician General ofthe Federation, Dr. Simon Harry, is dead. Director, Communication and Public Relations Department, NBS, Ichedi, Sunday Joel, in astatement on Sunday described the report as height of irresponsible journalism and a figment of the imagination of the publisher. “The attention of Read More

Nigeria’s total trade for Q4 2021 climbs to N11.70bn

March 17, 2022 Benjamin Umuteme 0

Total trade in the fourth quarter of 2021 stood at N11,707.20 billion with exports trade value of N5,766.62 billion, the National Bureau of Statistics (NBS), has said. According to Statistician General of NBS, Simon B. Harry, in a press briefing Tuesday, the import trade value of N5,940.58 billion recorded a negative trade balance of N173.96 billion. Total trade in Q4, Read More

Inflation increases by 15.70% in February –NBS

March 15, 2022 Benjamin Umuteme, Abuja 0

The National Bureau of Statistics, NBS, says the Consumer Price Index, CPI increased by 15.70% Year on Year in the month of February. This is 1.63% lower than 17.33 per cent recorded in the previous month. The Statistician General of the Federation, Dr. Simon Harry disclosed this on Tuesday during the monthly press briefing at the bureau’s headquarters, in Abuja. Read More

CISLAC condemns clampdown on Vision FM

February 4, 2022 Kehinde Osasona 0

The Civil Society Legislative Advocacy Centre (CISLAC) has joined it’s voice in condemning what it called “a needless federal government’s clampdown on Idon Mikiya programme”. Idon Mikiya is an Hausa programme on Abuja-based radio station, Vision FM. Blueprint reports that the National Broadcasting Commission (NBC) had imposed a fine on the station and suspended the programme for allegedly discussing issues Read More

Male-dominated culture cause of gender-based violence – NBS, LSD

January 28, 2022 Rosemary Moribirin 0

The National Bureau of Statistics (NBS) and African Centre for Leadership, Strategy and Development (Centre-LSD) have attributed the high rate of gender-based violence (GBV) to male-dominated culture. This was contained in a study conducted by both organisations, which was unveiled in Abuja at a National Masculinity Conference on Gender-Based Violence (GBV) in the Extractive Sector in Nigeria. The conference was Read More