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NBS: COVID-19 Pushes Households Further Below Poverty Line

NBS: COVID-19 Pushes Households Further Below Poverty Line         There are indications that the Coronavirus (COVID-19) pandemic has pushed households further below the poverty line, due to the increase in unemployment rate resulting from the impact of the pandemic. In its COVID-19 Impact Monitoring round 5, September...

68% Households Experienced Food Insecurity In August – NBS

68% Households Experienced Food Insecurity In August – NBS       Sixty-eight per cent of households experienced food insecurity in August as COVID-19 continued to have its impact on different sectors, the National Bureau of Statistics stated on Monday. Part of the report read, “The food security situation...

Loans To Households Rose In Q2 – CBN Report

Loans To Households Rose In Q2 – CBN Report     Loans with collateral to households rose in the second quarter according to the Central Bank of Nigeria. The statistics department of the CBN disclosed this in its ‘Credit Conditions Survey’ report for the second quarter which was...

Nigerian Households Spent N2trn On Electricity, Fuel In 2019 – NBS

Nigerian Households Spent N2trn On Electricity, Fuel In 2019 – NBS     Households in Nigeria spent a total of N2.02tn on fuel and electricity in 2019, the National Bureau of Statistics has said. The NBS said in a new report on consumption expenditure pattern that household expenditure...

Fed Govt Distributes N20,000 To 5,000 Households

Fed Govt Distributes N20,000 To 5,000 Households   The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development on Wednesday began the distribution of N20,000 each to 5,000 beneficiaries in the Federal Capital Territory. According to the ministry, the move was to cushion the effect of...