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Tag: National Bureau of Statistics

  • Nigeria records N5.172tr surplus trade

    Nigeria records N5.172tr surplus trade

    In the first quarter of 2025 (Q1 2025), Nigeria recorded N5.172 trillion surplus trade, according to the National Bureau of Statistics (NBS).

    NBS in its  “Foreign Trade in Goods Statistics Q12025,” revealed that the country’s import dipped to N15.426 trillion as export rose to N20.59trillion, totally N36.02trillion trade in the period under review.

    The report said total trade soared from the N33.92trillion recorded in the corresponding period of 2024.

    NBS said, “Nigeria’s total merchandise trade stood at N36.024.66 trillion in Q1, 2025.

    This represents an increase of 6.19per cent compared to the value of N33.925.72 trillion recorded in the corresponding period of 2024 and decreased by 1.58per cent compared to the value recorded in the preceding quarter (N36,60trillion).”

    NBS added that in the quarter under review, exports accounted for 57.18per cent of total trade with a value of N20.598.48 trillion, showing an increase of 7.42per cent over the value recorded in the corresponding quarter of 2024 (N19.176.19trillion) and by 2.92per cent compared to the value recorded in Q4, 2024 (N20.014.33 trillion).

    It said further analysis shows that Nigeria’s exports trade continued to be dominated by crude oil in the first quarter of 2025 valued at N12.955.03 trillion representing 62.89per cent of total exports while the value of non-crude oil exports stood at N7.643.45 trillion accounting for 37.11per cent of total exports; of which non-oil products contributed N3.167.88trillion or 15.38per cent of total exports.

    On import, the report said: “The value of total imports stood at N15.426.17 trillion in the first quarter of 2025, representing a rise of 4.59 per cent from the value recorded in the corresponding quarter of 2024 (N14.749.52 trillion) and decreased by 7.02per cent compared to the value recorded in Q4, 2024 (N16.590.51trillion).”

    China, according to the report, remains Nigeria’s highest trading partner on the import side in the first quarter of 2025, followed by India, United States of America.

    It also stressed that the Netherlands, and The United Arab Emirate. The most traded commodities  imported during the quarter were, Gas oil, Motor spirit ordinary, Petroleum oils and oils obtained from bituminous minerals, crude, Cane sugar meant for sugar refinery, and Durum wheat (Not in seeds).

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    NBS said the value of agricultural goods imported in Q1 2025 stood at N1,035.81 billion, representing a 12.52per cent increase compared to N920.54 billion recorded in Q1 2024, and a 5.02per cent decline relative to N1.090.55 trillion in Q4 2024.

    The report said in the same period, the import value of raw material goods was N1.811.10 trillion, representing a 23.42per cent increase from N1.467.41 trillion in Q1 2024, and a 14.14per cent decline compared to N2.109.26 trillion in the preceding quarter (Q4 2024).

    NBS said in the period under review, solid mineral imports were valued at N91.78 billion, representing a 29.44per cent increase from N70.90 billion in Q1 2024, and a 17.90per cent decrease compared to N111.79 billion recorded in Q4 2024.

    During the quarter,  NBS said the value of imported manufactured goods stood at N7.512.22 trillion, reflecting a 30.90per cent increase from N5.738.80 trillion in Q1 2024, and an 11.35per cent decrease from N8.473.56 trillion recorded in Q4 2024.

    The report further stated that the value of other oil products imported in Q1 2025 stood at N3.786.98 trillion, reflecting a 42.20per cent decrease from N6.551.82 trillion in Q1 2024 and a 21.19per cent decline from N4,805.23 trillion recorded in Q4 2024.

  • NBS seeks World Bank support for 2026 natural data collation

    NBS seeks World Bank support for 2026 natural data collation

    The National Bureau of Statistics (NBS) has appealed to the World Bank for support in the 2026 natural data collation exercise, warning that the success of the 2025 effort hinges on the completion of an ongoing collaboration with the international financial institution.

    Dr. Baba Madu, Head of the National Accounts, Energy, and Environment Department at NBS, made the appeal at the 2025 Natural Capital Accounting Conference in Abuja. 

    The event was held in partnership with the World Bank and the Global Program in Sustainability.

    Dr. Madu explained that the NBS is currently developing a comprehensive database that integrates environmental indicators and components into national statistics for more effective natural resource accounting.

    “We also compile natural resource accounts, which provide the public with a clear snapshot of the country’s natural assets and their economic value,” he said. 

    He added that Nigeria is in the process of compiling its first greenhouse gas emissions account and land use statistics, with plans underway to initiate forest account compilation.

    “We need to improve the quality of our work, which is why we are expanding our focus to cover nature comprehensively,” Madu emphasized.

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    Also speaking at the conference, Vinay Vuturu, Program Leader for Sustainable Development at the World Bank, stressed that without a robust natural accounting system, Nigeria will lag behind globally.

    “The goal is to mainstream and institutionalize natural capital accounting so it becomes a core responsibility of the Ministry of Environment and other MDAs,” Vuturu said.

    He noted that the initiative must be made sustainable to ensure its continuity even after the World Bank’s support concludes.

    The 2025 conference aims to achieve two key objectives: establishing a national natural occurrence system and developing ecosystem accounts for two pilot states.

  • NBS unveils first prices data compiled via crowd-sourcing

    NBS unveils first prices data compiled via crowd-sourcing

    The National Bureau of Statistics (NBS), yesterday launched its first prices day compiled through a groundbreaking crowd-sourcing initiative.

    Unveiling the data in Abuja, the Statistician-General of the Federation, Prince Adeniran, said the initiative was basically part of NBS efforts to harness the power of technology and innovation to improve the quality and timeliness of its statistical data.

    His words: “We are thrilled to release our first prices data compiled through crowd-sourcing.

     “This initiative represents a major step forward in our efforts to harness the power of technology and innovation to improve the quality and timeliness of our statistical data.”

    Its Head of Public Relations, Folorunso Alesanmi, disclosed this in a press statement.

    The statement revealed that NBS has planned to update the data on a daily basis.

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    It explained that the innovative approach to data collection marks a significant milestone in the NBS’s efforts to provide timely and accurate statistical information to policymakers, researchers, and the general public.

    NBS said the crowd-sourcing initiative, which  started several months ago, aims to compile prices data on a daily basis from a wide range of sources, including open markets, supermarkets, neighbourhood shops, bulk and discount stores, street outlet and Large Shops.

    It further noted that data collection was done in all the 36 states, FCT and in all the Senatorial districts.

    By leveraging the power of crowd-sourcing, according to the statement, the Bureau has been able to collect a vast amount of data that will help to provide a more accurate picture of price movements in the economy.

    NBS also said the data released on Tuesday provides insights into prices of essential food items such as Rice (Local), Beans (White), Maize (White), Garri, Yam, etc commonly consumed by Nigerians, offering a snapshot of daily food costs.

    It added that “The NBS plans to update this data on a daily basis, equipping entrepreneurs, policymakers and researchers with a valuable tool for tracking price movements and informing decision-making.”

    The crowd-sourced data, said NBS, is accessible to the public through a dedicated public dashboard, where users can view, analyze, and download the data in real-time, further enhancing transparency and accessibility.

    The statement reads in part: “The National Bureau of Statistics’ crowd-sourcing initiative aims to modernize data collection, providing timely and accurate statistics.

    “The Bureau hereby invites citizens to participate by submitting price data and feedback to build a robust statistical system for a rapidly changing economy.

    NBS is committed to ensuring the quality and accuracy of the data collected through crowd-sourcing.

    “To this end, the agency has implemented a range of quality control measures, including data validation and verification processes, to ensure that the data is reliable and trustworthy.

    “The release of the crowd-sourced prices data is a significant achievement for the NBS and demonstrates the agency’s commitment to innovation and collaboration.

    “By working together with citizens and leveraging technology, the NBS is able to provide more timely and accurate statistical information that will help to drive economic growth and development.

    “However, there is the need to stress that the prices data compiled through crowd-sourcing is not the same with the ones compiled for Consumer Price Index(CPI); Prices data for CPI computation are collected on a specific or predetermined outlets every second and third week of the month.

     “But, prices data collected via crowd-sourcing are collected randomly from different respondents everyday.

    “As we engage in this collaborative effort with the public, we welcome feedback from stakeholders that will propel us for improvement.”

  • NBS: GDP grew by 3.84 percent in Q4 2024

    NBS: GDP grew by 3.84 percent in Q4 2024

    The National Bureau of Statistics (NBS) on Tuesday said in the fourth quarter of 2024, the Gross Domestic Product (GDP)

    grew by 3.84 per cent in real terms on Year-on-Year basis.

    This was contained in the press statement issued by the Statistician General of the Federation, Prince Adeyemi Adeniran.

    He said it was 0.38 per cent points higher than the 3.46 per cent of Q4 2023.

    Adeniran said, “The Gross Domestic Product (GDP) growth rate in real terms (Constant price) grew by 3.84 per cent in the fourth quarter (Q4) of 2024 on a year-on-year basis, which is 0.38 per cent points higher than the rate recorded in Q4 2023 (3.46 per cent).”

    He said similarly, it was higher by 0.38 per cent basic points relative to a similar growth rate of 3.46 per cent recorded in the third quarter (Q3) of 2024. 

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    This, he said, reflected a higher economic improvement when compared to the preceding quarter (Q3 2024), with the service sector still playing the role of the major driver of the economy which recorded a growth of 5.37 per cent and contributed 57.38 per cent to the aggregate GDP.

    He further noted that on a quarter-on-quarter basis, the real GDP grew by 10.99 per cent in Q4 2024, reflecting a higher production level than in Q3 2024.

    He said the estimated economic activity in real terms for Q4 2024 stood at ₦22,610,393.45 million, which is higher than the rates recorded in Q3 2024 and Q4 2023 which stood at ₦20,115,766.93 million and ₦21,773,263.25 million.

    Adeniran said this also highlighted the improvement in the quarter under review compared to the previous quarters of Q3 2024 and Q4 2024. 

    He recalled that the year 2024 ended with an overall annual GDP growth rate of 3.40 per cent, from the 2.74 per cent reported in 2023. 

    He said thus, there was a decline in the performance of agriculture and Industry in 2024 relative to 2023, while the performance of the Services sector improved in 2024. 

    He said in nominal terms (current price), aggregate GDP stood at ₦78,374,120.95 million in Q4 of 2024, indicating a year-on-year nominal growth rate of 18.91%.

    The NBS boss said this is higher than the value of ₦65,908,258.59 million in Q4 2023 and ₦71,131,091.07 million in the preceding quarter.

    According to him, the major contributing economic activities in real terms in the quarter under review (i.e., Q4 2024) are crop production 23.42 per cent, Trade 15.11 per cent, Telecommunication 14.40 per cent, Real Estate 5.88 per cent, Financial Institutions 5.76 per cent, and Crude petroleum 4.60 per cent.

    NBS boss said on a broad classification of the economic activities into Agriculture, Industry, and Services sectors based on growth. 

    The Agricultural Sector, he said grew by 1.76 per cent and the Industry grew by 2.00 per cent which shows a decline compared to the rate recorded in Q4 2023 at 2.10 per cent and 3.86 per cent . 

    He also said the Services sector recorded a 5.37 per cent increase compared to the 3.98% recorded in Q4 2023. 

    Continuing, NBS said: “Analyses of the contributions of the broad economic sectors in the period under review.

    Agriculture contributed 25.59%, Industry 17.03%, and Services 57.38%. Agriculture and industry’s contribution was less than their contributions in Q4 of 2023 by 0.53% and 0.31 basis points. 

    The Services sector had the highest contribution to the GDP in Q4 2024, surpassing their contribution in the corresponding quarter of 2023 by 0.83% basis points. 

    “The annual contributions of the economic sector show that Agriculture contributed 24.64% in 2024 which is lower compared to its contributions which stood at 25.18% in 2023. Similarly, the industry sector’s annual contribution was 18.47% which is also lower than the figure recorded for 2023 (18.65%).

    However, the services sector contributions for 2024 were 56.89% which exceeded the 56.18% recorded for 2023.

    “Further disaggregation of the economic activities into oil and non-oil sectors. The oil GDP grew by 1.48% in Q4 2024, which shows a decline compared to 12.11% recorded in Q4 2023, and the previous quarter of Q3 2024 which stood at 5.17%. 

    “The oil sector accounted for 4.60% during the quarter under review.

    The annual oil GDP for 2024 grew by 5.54%, which is 7.75% higher than the annual GDP recorded for 2023 (-2.22%). while the annual contribution of oil stood at 5.51% in 2024 higher than its contribution in Q4 2023 (5.40%).

    “The fourth quarter of 2024 recorded an average daily oil production of 1.54 million barrels per day (mbpd), lower than the daily average production of 1.56 mbpd recorded in the same quarter of 2023 by 0.03 mbpd. On the contrary, the fourth quarter of 2024 production volume was higher than the third quarter of 2024 (1.47 mbpd) by 0.06 mbpd. 

    “The non-oil sector contributes 95.40% to the GDP in Q4 of 2024 in real terms. This shows an increase on a year-on-year basis when compared to the same period of Q4 2023 which recorded 95.30%. Similarly, the quarter under review exceeds the 94.43% recorded in Q3 2024. 

    “The economic performance of the non-oil sector in Q4 2024 is attributed to the growth recorded in some economic activities, including Rail Transport & Pipelines, Metal Ores, Financial Institutions, Road Transport, Quarrying & “Other Minerals, and Insurance.

    “On an annual basis, the non-oil grew by 3.27% in 2024, which is higher than the rate recorded in 2023 which stood at 3.04%, while in terms of aggregate contributions, the non-oil contributed 94.49% in 2024, which is lower than the 94.60% reported in 2023.” 

  • Believability and the NBS

    Believability and the NBS

    By Prof. Abiodun Adeniyi

    The National Bureau of Statistics (NBS) appears to be a victim of polarised perception. While the Bureau may not have engineered it, dilemmas in message reception are a cause. This crisis comes when individuals or entities act innocently, reeling out information they consider reasonable or expertly cultivated but lacking control over how it is received. The control is open to many vagaries. The vagaries are uncertain, turning positive or negative, popular or unpopular. The sender can be celebratory when popular but disillusioned when otherwise, depending on self-esteem or zeal to power on. 

    Sometimes, a sender strikes believability with a category or categories of audiences, while others will remain brickwalls, completely untrusting of the information. The ultimate wish of most senders of information, especially in public spaces, is for the message to resonate with as many people as possible or with the critical mass of the audience in segments. The NBS is caught between this balancing act of perception and credibility, considering the body’s status as the pivot of national data collection and as the provider of valuable figures for development planning. 

    NBS figures will likely be caught in a politically polarised nation like Nigeria, not because the organisation is lacking in quality expertise, making it look like a quasi-research and development outfit, or because its research processes are not compliant with international best practices, enhanced by its regular collaboration with multilateral organisations like the International Monetary Fund (IMF), the World Bank, The United Nations Development Organisation (UNDP), amongst others but because it just had to experience its portion of cynics, and its city of critics. 

    Statistics are data or computations largely emerging from a painstaking process of applying techniques to unearth realities, gain insights into a phenomenon and leverage it for development. It is a social scientific route to quantitative knowledge production, moving away from a prosaic, descriptive pattern for visualising realities and essences in figurative, illustrative and graphical patterns. Though they might be fraught with limitations, these are usually not enough to obfuscate the benefit, provided methods are reasonably chosen, mixed and dutifully executed, and in so far as analysis is also evidence-driven, fact-based and rigorous. 

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    The NBS is saddled with these responsibilities on behalf of Nigeria, investigating Gross Domestic Product (GDP), trade and industry, trade statistics, population and demographics, financial and monetary data, labour and employment, social and welfare data, transportation and infrastructure, prices and cost of living,  agriculture,  energy and environment, crime and security, information and communication technology, and special surveys and reports, comprising data on health, education, and child welfare, multiple indicator cluster surveys and data on poverty and social welfare. Objectivity and freedom from values are the expected characteristics of the outcomes. 

    But why do people disbelieve or become unkind in remarks on the NBS figures? First is the possible disparity between reality and data, which should not be the case if research is to be trusted. Second is the more significant problem of trust in government and its agencies, resulting from past failures and the government’s persistent inability to deliver on promises. The third is suspicion of political influence, which can hardly be the case given the body’s practices, including partnerships with global agencies. Fourth is illiteracy preventing people from appreciating the process of gathering statistics; fifth is past disappointments arising from gross misrepresentation of facts. 

    However, there are many more reasons why NBS should be believed. Some of these are the fact that its investigations often go through third-party validation, in addition to scientific techniques, with some being modern tools and applications for research. NBS has also improved the practice of leveraging digital tools and engendering increased transparency with public access to its methods and datasets. These should prove openness and confidence in its productions. 

    It should also be remembered that NBS is regularly audited, while the bourgeoning public interest in its figures should necessarily be a guardrail for right conduct. Again, the organisation’s outputs often align with those of autonomous agencies, where its benchmarks are comparative. Importantly, mistrusting the NBS data appears a recipe for chaotic planning, considering its relevance to decision-making and business planning. 

    The establishment is to announce a new GDP for the country. This is coming after the landmark modification in the nation’s labour force figures, which replaced the methodology for calculating it. The organisation’s helmsman, Prince Adeyemi Adeniran, has argued that the Rebasing is a vital exercise that ensures our economic indicators are current and accurate reflections of the financial realities on the ground” 

    He continued: “As economies evolve, new industries emerge, and consumption patterns shift” The outcome of all these is that statistics will capture the changes, including the expansion of the digital economy, the input from the Marine and Blue economy, Pension Funds, and addition from the creative industry.  Moreover, Prince Adeniran said “Rebasing our GDP and CPI allows us to align with these transformations, providing a more precise and relevant picture of Nigeria’s economic landscape. This process is foundational to informed policymaking, strategic planning, and effective governance”

    The NBS chief is not done yet “It is one exercise the NBS conducts with significant importance and professionalism. The rebasing exercise is designed to ensure that our economic indicators accurately reflect the current structure of our economy, incorporating new and emerging sectors, updating our consumption baskets, and refining our data collection methods. This is our responsibility as the official producer of data in Nigeria.” 

    Well said, but how much will the populace trust this heartfelt declaration? English statistician and scientist Francis Galton once said, “Statistics are the only tools by which an opening can be cut through the formidable thicket of difficulties that bars the path of those who pursue the Science of Man.”  Statistics, a United Nations (UN) document stressed “exists to provide information to the general public, governments, business and research communities in the economic, demographic, social and environmental fields. 

    This information is essential for evidence-based decision-making, for mutual knowledge and trade” Because of this, another sage added, statistics should not be regarded as “opinions; (but) the unbiased record of a nation’s reality.” Need I say more?

    Adeniyi is a professor of Mass Communication and Dean of the School of Postgraduate Studies, Baze University, Abuja.

  • Why NBS is rebasing CPI, GDP

    Why NBS is rebasing CPI, GDP

    The Statistician General of the Federation, Prince Adeyemi Adeniran yesterday said the National Bureau of Statistics (NBS) is rebasing the Gross Domestic Product (GDP) and Consumer Price Index (CPI), noting it is to reflect of the current structure of the country’s economy.

    He spoke during the Sensitization Workshop on the Rebasing of Gross Domestic Product (GDP) and Consumer Prices Index (CPI) Organised by BudgiT, Abuja.

    He said the efforts at rebasing the economic indicators are not to please anyone but to ensure accurate measurements.

    He said: “As we finalize this process of the rebasing of our GDP and CPI estimates, I want to highlight this key point.”

    “The rebasing exercise is designed to ensure that our economic indicators accurately reflect the current structure of our economy, incorporating new and emerging sectors, updating our consumption baskets, and refining our data collection methods.

    “It is not to suit the expectations of anyone or entity, but simply to measure accurately in line with the global standards and practice. This is our responsibility as the official producer of data in Nigeria.”

    He however noted that through the sensitization workshop, the NBS has opened dialogue with all stakeholders including Civil Society Organizations (CSOs).

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    Seeking the stakeholders’ feedback, Adeniran said “Your feedback and insights are invaluable to us, and we are dedicated to addressing any concerns you may have regarding this exercise or any other for that matter.

    “This workshop is a platform for knowledge sharing, discussion, and collaboration. You can rest assured that your inputs and suggestions will be taken on board and incorporated where necessary.”

     He said the NBS in line with its statutory mandate, has for some time, been engaged in the process of these two rebasing exercises – for GDP and CPI.

    According to him, while the two indicators and their computation procedures are highly technical, they however affect the daily livelihoods of citizens across the country, particularly the most vulnerable.

    He stressed that the measurement of the indicators is critical to ensuring that the government, policymakers, CSOs, and all other users, have the accurate and most recent numbers, to enable them to track the impact of their policies and programs, as well as their implications on the citizens.

    Continuing, Adeniran said “The rebasing is a vital exercise that ensures these economic indicators (GDP and CPI) are current and accurate reflections of the economic realities on the ground. As economies evolve, new industries emerge, and consumption patterns shift, it becomes imperative to update our statistical measures to capture these changes.

    “Rebasing our GDP and CPI allows us to align with these transformations, providing a more precise and relevant picture of Nigeria’s economic landscape. This process is foundational to informed policymaking, strategic planning, and effective governance; hence, it is one exercise that the NBS is conducting with significant importance and professionalism.

    “If Nigeria is to make the desired progress and development, it is imperative that NBS, as the official producer of data, plays its role adequately in providing timely, accurate, and reliable statistics to inform all users, be it users in the public sector, or in the private or third sector.

    “This will enable them to design, plan, and implement policies and programs that will lead to the attainment of national objectives for the benefit of Nigerians.

    “Our mindset in undertaking both critical assignments is in tandem with the United Nations fundamental principles of official statistics, particularly Principle 3 which deals with Accountability and Transparency.

     “This approach essentially means that our processes are open, collaborative, and rigorous, making sure that, as much as possible, we leave no stone unturned in our bid to measure and report accurately, the size of the economy and the level of price changes.”

  • NBS: Average petrol price reduced by 2.06 per cent in December

    NBS: Average petrol price reduced by 2.06 per cent in December

    The National Bureau of Statistics (NBS), yesterday said the average retail price of the Premium Motor Spirit PMS petrol reduced by 2.06 per cent in December 2024.

    This was contained in its document titled: ‘PMS December Report 2024.’

    The report said the price reduced from N1214.17 in November to N1189.12 per litre.

    The report price increased by 76.99 per cent on a year-on-year basis from N671.86 in December 2023.

    NBS said, “The average retail price paid by consumers for Premium Motor Spirit (Petrol) for December 2024 was N1,189.12, indicating a 76.99% increase compared to the value recorded in December 2023 (N671.86). “Likewise, comparing the average price value with the previous month (.i.e. November 2024), the average retail price decreased by 2.06% from N1,214.17.”

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    On State profile analysis, NBS said, Taraba State had the highest average retail price for Premium Motor Spirit (Petrol), at N1,307.05, Adamawa and Delta States were next, with N1,301.33 and N1,282.71, respectively.

    NBS said conversely, Oyo State, Abuja, and Ogun State had the lowest average retail prices for Premium Motor Spirit (Petrol), at N1,088.75, N1102.25, and N1,106.07 respectively.

    The document said lastly, on the Zonal profile, the North East Zone had the highest average retail price of N1245.90, while the South West Zone had the lowest price of N1,116.00.

  • NBS survey: N2.2tr ransom paid in one year

    NBS survey: N2.2tr ransom paid in one year

    • Northwest, Northcentral, Southeast top regions in domestic crimes

    The National Bureau of Statistics (NBS) has said Nigerians paid N2.2 trillion as ransom across Nigeria between May 2023 and April 2024.

    Its document, titled: “The Crime Experience and Security Perception Survey (CESPS) 2024,” revealed this yesterday in Abuja.

    The report said: “The average amount paid as ransom was N2,670,693, with an estimated total ransom of N2,231,772,563,507 paid within the reference period.”

    In Nigeria, according to the report, 4,142,174 households experienced home robbery.

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    It stressed that less than half (36.3 per cent) of the households that were victims of home robbery reported their experience to the police.

    Among the households that experienced kidnapping incidents, 65.0 per cent paid a ransom.

    The NBS said Nigeria recorded an estimated 51,887,032 household crime incidents.

    It said: “Disaggregation by zones reveals that the Northwest (14,402,254) reported the highest incidents of household crime, followed by the Northcentral (8,771,40), while the Southeast (6,176,031) reported the least crime incidents.

    The NBS also said 15,300,470 households in Nigeria have experienced at least one crime, representing 34.3 per cent of the total households.

    The report added: “Nationally, theft of livestock recorded the highest prevalence of 18 per cent, followed by theft of crop with 15.8 percent, while the least was theft out of motor vehicle with 0.6 per cent.

    “Disaggregation by zones highlights the variations in crime prevalence. The Northeast reported the highest with 46.6 per cent of households reporting crime experiences and other conflict-related crimes, followed by the Northwest zone (41.5 per cent), while the Southwest (22.4 per cent) reported the lowest crime. The data reveals notable differences between urban and rural areas.”

    It said the Northwest (14,402,254) reported the highest cases of crime at household level, followed by the Northcentral (8,771,400), while the Southeast (6,176,031) reported the least.

    The agency said the result also showed that crime incidents in the rural area (26,526,069) were higher than that of the urban area (25,360,963).

    According to the study, the most common reasons for not reporting crimes include lack of confidence in law enforcement and the belief that police intervention would not result in meaningful action.

    The NBS report showed that at the individual level, 21.4 per cent of Nigerians reported being victims of crime, and the most common crime was phone theft (13.8 per cent). It said about 90 per cent of the victims of phone theft reported to the police and that only 50 per cent of the victims expressed satisfaction with police responses.

    The report said: “Nationwide, an estimated 1.4 million experienced sexual offences, which occurred mostly in someone else’s home (27.7 per cent), followed by the victim’s home (22.2 per cent). Sexual offences are less likely to occur at a public transport station (0.9 per cent), and only 22.7 per cent of victims reported to the police.

    “Public perception on safety shows that 9.6 per cent of Nigerians believed they might be a victim of crime in the next 12 months. In rural areas, 13.0 per cent of the population believed they could be victims of crime, and 7.0 per cent in urban areas.”

    The NBS explained that the Crime Experience and Security Perception Survey (CESPS) provides an in-depth understanding into the situation of crime in Nigeria.

    It described the report as a household-based survey whose target population comprised household members that were 15 years and older at the time of the survey.

    The survey, according to NBS, was carried out to produce estimates at national and zonal levels, covering urban and rural areas for a 12-month reference period (May 2023 to April 2024).

    The bureau said the findings provided crucial insights for security agencies, stakeholders, and policymakers to improve public safety and align with the Sustainable Development Goals 1 (SDG1).

    The document also said security agencies’ average response time to emergencies was a key indicator of effective crime prevention.

    Nationally, the NBS said, 33.1 per cent reported that the average response time to an emergency call by security agencies was less than 30 minutes.

    The document said about four out of 10 households had at least one interaction with state or local security forces within the reference period.

    It added that one out of two households had contact with the Nigerian police, and 25.7 per cent reported to the police after experiencing a crime.

    The NBS said satisfaction with police responses was notably low, particularly for crimes like livestock theft (42.9 per cent) and crop theft (42.4 per cent).

    In rural areas, NBS said many households relied on local vigilante groups for protection.

  • Food, energy costs propel inflation to 34.6%

    Food, energy costs propel inflation to 34.6%

    The National Bureau of Statistics (NBS) yesterday said owing to the rise in the costs of food, energy, and other items, inflation rate rose from 34.60 per cent in November 2024 from the 33.88 per cent recorded in October 2024.

    Statistician-General of the Federation, Prince Adeyemi Adeniran disclosed this in a statement.

    According to him, the rate soared by 0.72 points in the period under review.

    “The headline Inflation rate for November 2024, on a year-on-year basis, increased to 34.60per cent relative to the October 2024 headline inflation rate of 33.88per cent. Looking at the headline trend, the November 2024 headline inflation rate showed an increase of 0.72per cent points compared to the October 2024 headline inflation rate,” he said.

    He further said similarly, on a year-on-year basis, the headline inflation rate was 6.40 per cent points higher compared to the rate recorded in November 2023 (28.20 per cent).

    The increase in the headline index for November 2024, said Adeniran, was attributed to the rise in the average price of some items in the basket of goods and services at the divisional level.

    “These increases were observed in Food and non-alcoholic Beverages (17.92 per cent), Housing, Water, Electricity, Gas & other Fuel (5.79 per cent), Clothing & Footwear (2.65 per cent), Transport (2.25%), Furnishings & Household Equipment & maintenance (1.74 per cent), Education (1.36 per cent) and Health (1.04 per cent). Also, Miscellaneous Goods & Services (0.58per cent), Restaurants & Hotels (0.42 per cent), Alcoholic Beverages, Tobacco & Kola (0.38 per cent), Recreation & Culture (0.24per cent) and Communication (0.24 per cent).”

    He recalled that contrarily, on a month-over-month basis, the headline inflation rate in November 2024 also rose to 2.638 per cent, which was 0.002 per cent marginally lower than the rate recorded in October 2024 (2.640 per cent).

    The Statistician General said this means that in November 2024, the rate of increase in the average price level is slightly lower than the rate of increase in the average price level in October 2024.

    Read Also: CBN: raising interest rate to 27.5% will curb inflation, ensure stability

    He said the percentage change in the average CPI for the twelve months ending November 2024 over the average for the previous twelve-month period was 32.77 per cent, showing an 8.76 per cent increase compared to 24.01 per cent recorded in November 2023.

    Adeniran further said the food inflation rate in November 2024 was 39.93 per cent on a year-on-year basis, 7.08 per cent points higher compared to the rate recorded in November 2023 (32.84 per cent).

    He said the rise in food inflation on a year-on-year basis was caused by increases in prices of the following items Yam, Water Yam, Coco Yam, etc (Potatoes, Yam & Other Tubers Class), Guinea Corn, Maize Grains, Rice, etc (Bread and Cereals Class), Beer, Pinto (Tobacco Class), and Palm Oil, Vegetable Oil, etc (Oil and Fats Class).

    He said likewise, on a month-on-month basis, the food inflation rate in November 2024 was 2.98 per cent which shows a 0.05 per cent increase compared to the rate recorded in October 2024 (2.94 per cent).

    He said the rise can be attributed to the rate of increase in the average prices of Mudfish, Catfish Dried, Dried Fish Sadine, etc (Fish Class), Rice, Yam Flour, Millet Whole grain, Corn flour, etc (Bread and Cereals Class), Agric Egg, Powered Milk, Fresh Milk, etc (Milk, cheese and eggs Class) and Dried Beef, Goat Meat, Frozen Chicken, etc (Meat Class)

    Adeniran said the average annual rate of Food inflation for the twelve months ending November 2024 over the previous twelve-month average was 38.67 per cent, which was 11.58 per cent points lower compared with the average annual rate of change recorded in November 2023 (27.09 per cent).

    He said core inflation, which is “All items less farm produces and energy” (that is it excludes the prices of volatile agricultural produces and energy) stood at 28.75 per cent in November 2024 on a year-on-year basis; up by 6.36 per cent when compared to the 22.38 per cent recorded in November 2023.

    He said the highest increases were recorded in prices of the following items, Taxi journey per drop, Bus journey intercity, Journey by motorcycle, etc (under Passenger Transport by Road Class), Rents (Actual and Imputed Rentals for Housing Class), Meal at a local Restaurant (Accommodation Service Class), and hair cut service, women’s hairdressing, etc (Hairdressing salons & personal grooming establishments Class).

    Continuing, Adeniran said, “Furthermore, on a month-on-month basis, the Core Inflation rate was 1.83per cent in November 2024, fell by 0.30 per cent compared to 2.14per cent in October 2024.

    “The average twelve-month annual inflation rate was 26.64per cent for the twelve months ending November 2024, this was 6.29per cent points higher than the 20.35per cent recorded in November 2023.

    “The Urban consumer’s inflation rate on a year-on-year basis stood at 37.10 per cent for November 2024, this shows a 6.88per cent point higher compared to the 30.21per cent recorded in the corresponding month in the year 2023.

    “On a month-on-month basis, the Urban inflation rate grew by 2.77 per cent in November 2024, which shows an increase of 0.02per cent compared to 2.75per cent in October 2024.

    “The twelve-month average annual inflation rate ending November 2024 over the corresponding twelve-month period, Urban inflation rate was 35.07 per cent. This was 9.62 per cent points higher compared to the 25.45 per cent reported in November 2023.

    “The Rural consumer’s sub-index in November 2024 was 32.27 per cent on a year-on-year basis. This was 5.84% higher compared to the 26.43 per cent recorded in November 2023.

    “On a month-on-month basis, the Rural sub-index in November 2024 was 2.51 per cent, down by 0.02% points compared to October 2024 (2.53per cent).

    “The twelve-month average annual inflation rate ending November 2024 over the corresponding twelve-month period, Rural inflation rate was 30.71per cent. This was 8.00per cent higher compared to 22.71per cent recorded in November 2023.

    6. The analyses of the states show that the all-item index for November 2024, on a year-on-year basis was highest in Bauchi (46.21per cent), Kebbi (42.41per cent), Anambra (40.48per cent), while Delta (27.47per cent), Benue (28.98per cent) and Katsina (29.57per cent) recorded the lowest rise in Headline inflation on Year-on-Year basis.

    “On a month-on-month basis, November 2024 recorded highest increases in Yobe (5.14 per cent), Kebbi (5.10per cent), Kano (4.88per cent), while Adamawa (0.95per cent), Osun (1.12 per cent) and Kogi (1.29per cent) recorded the slowest rise.

     “State-level analyses of the food index in November 2024, on a year-on-year basis, showed the highest increases in Sokoto (51.30per cent), Yobe (49.69per cent), Edo (47.77per cent), while Kwara (31.39per cent), Kogi (32.95per cent), and Rivers (33.27 per cent) recorded the slowest rise.

    “On a month-on-month basis, however, November 2024 Food inflation was highest in Yobe (6.52per cent), Kano (5.95per cent), and Kebbi (5.68per cent) while Borno (0.76per cent), Adamawa (0.90per cent) and Kogi (1.21per cent) recorded the slowest rise in Food inflation.”

  • N5.14tr spent on mineral fuels import in Q3, says NBS

    N5.14tr spent on mineral fuels import in Q3, says NBS

    The National Bureau of Statistics (NBS) has said Nigeria spent N5.14 trillion on mineral fuels import in the third quarter of 2024.

    This was contained in the agency’s document titled: Trade in Goods Statistics Q3 2024.

    The document said in the period under review, mineral fuels accounted for 35 per cent of the N14.674.05 trillion imported goods in the period under review.

    NBS said: “During the third quarter of 2024, total imports were valued at N14.674.05 trillion, accounting for 41.73 per cent of total trade.

    “Using the Standard International Trade classification, the top-ranked group import was ‘mineral fuels’ with N5,140.10 billion, representing 35.03 per cent of total imports.”

    The document said this was followed by “machinery and transport equipment” with N3.782.19 trillion (25.77 per cent of total imports) and “Chemicals & related products” with N1.973.01 trillion (13.45 per cent of total imports).

    The NBS said Nigeria imported goods, mainly from Asia, valued at N7.290.86 trillion, representing 49.69 per cent of total imports.

    According to the document, this was followed by imports from Europe worth N5,355.92 trillion or 36.50 per cent; America with N1.440.79 trillion or 9.82 per cent, while imports from Oceania stood at N73.91 billion or 0.50 per cent in the third quarter of 2024.

    Read Also: NBS: Economy records 3.46% growth in Q3

    The NBS said trade with African countries stood at N512.56 billion or 3.49 per cent of total imports; of which imports from ECOWAS countries amounted to N72.71 billion or 0.50 per cent of total imports.

    The document said an analysis by trading partners revealed that imports from China were valued at N3.574.79 trillion, representing 24.36 per cent of total imports.

    According to the NBS, this was followed by imports from India with N1.662.68 trillion (11.33 per cent of total imports); Belgium with imports valued at N1.632.89 trillion or 11.13 per cent of total imports; the United States of America with goods valued at N1.024.44 trillion (6.98 per cent of total imports), and goods from Malta valued at N766.81 billion or 5.23 per cent of total imports.