Buhari Queries Perm Sec Umar Bello over N48.42bn Contractual Liability ...buys N7bn Property without FCDA Approval The Permanent Secretary, Ministry of Science and Technology, Dr Mohammed Umar Bello, has been queried by the Federal Government for allegedly incurring a contractual liability of over N48 billion even...

Nigeria Generated N338.94bn VAT In Q1 – NBS     Nigeria generated N338.94bn Value Added Tax in the first quarter 2020, the National Bureau of Statistics disclosed on its report on Sectoral distribution of Value Added Tax Q1. It stated, “Sectoral distribution of Value Added Tax data for...

NPA Refutes High Tariff Charges On Vessels Allegation   The Nigerian Ports Authority (NPA) has refuted misgivings about tariff charges on vessels berthing in Nigerian ports, saying charges on such vessels remain among the lowest in the West African coast. The General Manager, Corporate and Strategic Communications...

Inflation Rate Rises To 12.2%, Highest In 21 Months   The National Bureau of Statistics on Tuesday said that the consumer price index, which measures inflation, rose by 12.20 per cent year-on-year in February. The inflation rate of 12.2 per cent, according to the bureau, is 0.07...

Aviation Industry Contributed 0.14% To GDP In 2019 – NBS   Despite challenges in the industry, air transport’s contribution to the country’s Gross Domestic Product marginally increased from 0.12 per cent to 0.14 per cent between 2018 and 2019. Aviation industry’s contribution to the country’s Gross Domestic...

Farmers Exported N68.2bn Goods In 3 Months – NBS   Farmers exported goods worth N68.2bn in the last quarter of 2019, according to figures obtained from the National Bureau of Statistics. Part of the report on foreign trade goods read, “During the quarter, total trade in agricultural...