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Price Of Petrol Highest In Plateau, Kano, Abia In April

Price Of Petrol Highest In Plateau, Kano, Abia In April     The National Bureau of Statistics (NBS), yesterday, said the highest average price of petrol in April was recorded in Plateau, Kano and Abia states. In its ‘Premium Motor Spirit (Petrol) Price Watch for April 2021’, the...

Inflation Reverses 19-month Trend, Drops Marginally To 18.12%

Inflation Reverses 19-month Trend, Drops Marginally To 18.12%       Headline inflation fell to 18.12 percent in April representing 0.05 percent point year-on-year (YoY) decline when compared to 18.17 percent recorded in March. This also represents the first decline in inflation since August 2019 when inflation rate stood...

Lagos, Rivers, FCT, Delta Generate Nigeria’s 52.67% IGR In 2020

Lagos, Rivers, FCT, Delta Generate Nigeria’s 52.67% IGR In 2020       With the generation of 32.08 per cent, 8.97 per cent, 7.05 per cent and 4.57 per cent share of the 2020 Internally Generated Revenue (IGR) Lagos, Rivers, Federal Capital Territory (FCT) and Delta States respectively...

26 States Set For N878bn Deficit In 2021

26 States Set For N878bn Deficit In 2021       Amidst a nationwide push against the recessionary economy, about 26 states of the nation are planning to spend about N878 billion in excess of what their revenue expectations can carry. This indicates that they also plan to...

FAAC Allocation In 2020 Not Bad

FAAC Allocation In 2020 Not Bad         Federation Accounts Allocation Committee (FAAC) revenue to the Federal Government, 36 states and 774 local governments fell by just five percent to N7.14 trillion in eleven months (January to November) from N7.46 trillion in the same period of 2019. Going...

Average Price Per Litre Of Kerosene Increases In November – NBS

Average Price Per Litre Of Kerosene Increases In November - NBS         The average price per litre paid by consumers for National Household Kerosene increased to N353.38 in November from N352.93 in October, the National Bureau of Statistics (NBS) says. The Bureau made this known in its...