ITF: 23 Million Young Nigerians Unfit For Job Market The Director General of the Industrial Training Fund (ITF), Sir Joseph Ari, has identified lack of requisite skills as the reason why over 23 million young Nigerians cannot fit into job vacancies in different sectors of...

In Three Months, FAAC Allocation Drops To N2.1trn   The Federation Account Allocation Committee allocation to the federal, state and local governments declined to 2.18tn between January to March 2022. Data collated from different reports of the National Bureau of Statistics showed that in January 2022, the...

Foreign Investments Into Nigeria Declines By $6.91bn — NBS   The National Bureau of Statistics, NBS, has said foreign investments into Nigeria had declined by 81.46 per cent ($6.91bn) from $8.49bn in the first quarter of 2019 to $1.57billion in the corresponding quarter of 2022. The bureau...

Solid Minerals Imports Hit 74% in 12 months - NBC The National Bureau of Statistics recent report on Foreign Trade Statistics has revealed that the value of solid minerals imports rose by 74.39 per cent from N23.56bn in the first quarter of 2021 to N41.09bn...

In Three Months, Aviation Fuel Import Rose By 287% To N293bn   The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N292.56 billion on the importation of aviation fuel, known as Jet A1 in the first three months of the year – January to...

Despite 126bn Export, Nigeria Imports N115bn Hide In 4 Years - NBS   With Nigeria adjudged among the countries with the highest quality of hide/skin, N114.844 billion was spent to import the commodity in four years, analysis of a report by the National Bureau of Statistics...