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...

Oil Sector Draws $5m Foreign Investment in Q2 Efforts of the government to bring in investors to Nigeria’s oil and gas sector appear not to have yielded the desired result as the sector only attracted $5m foreign investment in the second quarter of the year,...

NBS Reports 5kg Cooking Gas Price Hike to N6,699 in September The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from ₦6,430.02 recorded in August to N6,699.63 in September 2024. The NBS revealed this in its newly published report...

Nigeria’s Inflation Rate Rises to 32.7%  The National Bureau of Statistics (NBS) says the consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 32.7 percent in September. This is the first increase in three months after the...