Inflation Rate Rises to 33.88% in October Nigeria’s headline inflation rate increased to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage point month-on-month increase. This was contained in the National Bureau of Statistics (NBS) Consumer Price Index (CPI) report released...

352 LGs Record Zero Revenue in 2023 – Report About 352 Local Government Councils in 17 states and the Federal Capital Territory failed to remit or generate any revenue to the coffers of their respective state governments in 2023, data sourced from the National Bureau...

Imported Rice Price Surges by 114% The average price of imported high-quality rice sold loose has surged by 144.77 percent year-on-year as the Federal Government delays implementing its duty-free food policy. This is according to the selected food prices report from the National Bureau of Statistics...

FCT, States Generated N2.43trn IGR - NBS   The Federal Capital Territory (FCT) and the 36 states of the federation generated N2.43trillion Internally Generated Revenue (IGR) last year. The National Bureau of Statistics (NBS) made this known yesterday in its document titled: “Internally Generated Revenue At State...

Nigerians Spend N312.27bn on Cooking Gas - NBS A survey by the National Bureau of Statistics revealed that Nigerians in nine states spend a total of N312.27bn on Liquefied Petroleum Gas, also known as cooking gas. The 2024 Nigeria Residential Energy Demand-Side Survey report highlights the...

Price of Local Rice Bag Rises 152% to N95,738 in One Year - NBS Data from the National Bureau of Statistics has revealed that the price of a bag (50 kg) local rice rose year-on-year, YoY, by 152.9 percent to N95,738 in September 2024 from...