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Tag: NBS

  • Airport transportation records 17.23m passengers in 2018

    The National Bureau of Statistics (NBS) has said that a total of 17.23 million passengers passed through Nigerian airports in 2018.

    The NBS said this in its Air Transportation Data for 2018 posted on its website.

    The report said international passengers who passed through the country’s airports reached 4.43 million in 2018 as against 4.05 million passengers in 2017.

    This, according to the report, represents 9.42 per cent growth rate.

    Similarly, the bureau said the number of domestic passengers who passed through airports reached 12.79 million in 2018 as against 10.38 million passengers in 2017.

    It further said that the 2018 figure represented a 23.19 per cent growth rate.

    Also, the bureau said aircraft traffic reached 290,328 in the year under review.

    It said a total of 55,961 international airliners passed the airports in 2018 as against 40,328 of them recorded in 2017.

    According to the NBS, the figure represents a 38.92 per cent growth rate.

    The bureau further announced 11.24 per cent growth in the number of domestic flight operations in the airports in 2018.

    It said 234,367 domestic flights were recorded in 2018 as against 210,693 in 2017.

    It also disclosed a growth of 1.94 per cent in total cargo traffic in 2018 as against 2017.

    “There was a 19.96 per cent increase in total mail traffic recorded in 2018 when compared to the same period last year,” the NBS said.

    The data in the report was supplied administratively by the Federal Airports Authority of Nigeria, verified and validated by the NBS. (NAN)

  • Ogun produced highest tonnes of solid minerals in 2018 – NBS

    The National Bureau of Statistics (NBS) has disclosed Ogun produced the highest tonnes of solid minerals in the country in 2018.

    The NBS disclosed this in its State Disaggregated Mining and Quarrying Data for 2018 posted on its website.

    The bureau said the state produced 16.49 million tonnes of solid minerals, representing 30 per cent of the total tonnes of solid minerals produced in the year under review.

    It said Kogi and Cross River states followed closely with 15.13 million and 3.49 million tonnes of solid minerals respectively representing about 27 per cent and six per cent of the total tonnes of the minerals produced.

    Bayelsa and Borno States produced the least tonnes of solid minerals with zero and 8,403.30 tonnes of minerals produced.

    The report, however, said a total of 55.85 million tonnes of solid minerals was produced in the country in the year under review.

    According to the report, limestone was the most produced solid minerals in 2018 with 27.19 million tones, representing about 49 per cent of the total tonnes of minerals produced.

    It said granite and laterite followed closely with 9.62 million and 5.07 million tonnes respectively representing 17 per cent and nine per cent of the total tonnes of minerals produced in 2018.

    The report said garnet and ruby were the least produced solid minerals in 2018.

    Data for the report was supplied administratively by the National Agency for Food Drug Administration and Control and verified and validated by NBS. (NAN)

  • Nigeria generates N298bn from VAT in Q4, 2018

    The National Bureau of Statistics ( NBS ), said Nigeria generated N298.01 billion from Value Added Tax (VAT) in fourth quarter, 2018.

    NBS said this in a Sectoral Distribution of VAT report for the fourth quarter, 2018 posted on its website.

    The News Agency of Nigeria reports that VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale.

    The report said that the figures in the quarter under review rose by 8.96 per cent quarter-on-quarter and by 17.28 per cent year-on-year.

    It said the sum of N298.01 billion was generated as VAT in fourth quarter 2018, as against N273.50 billion generated in third quarter 2018, and N266.73 billion in second quarter, 2018.

     

    According to the report, the manufacturing sector generated the highest amount of N28.82 billion VAT.

    This, the report said, was closely followed by Professional Services generating N24.12 billion, while Commercial and Trading generating N16.02 billion.

    Also, it said the mining sector generated the least amount of N35.75 million, Pharmaceutical N209.33 million, while Chemical and Allied Industries generated N258.39 million.

    The report said N138.42 billion was generated as Non-Import VAT locally, while N47.89 billion was generated as VAT for foreign items in the quarter under review.

    The bureau, however, said that the balance of N111.71 billion was generated as Nigeria-Customs Import VAT in the period under review.

    The data for the report was provided by the Federal Inland Revenue Service (FIRS), verified, and validated by the NBS.

  • ATM records N39.15trn transactions in Q4, 2018

    The National Bureau of Statistics ( NBS ) said Automated Teller Machine (ATM) from selected banks across the country recorded transactions valued at N39.15 trillion in the fourth quarter of 2018.

    The bureau stated this in its “Selected Banking Sector Data for Fourth Quarter, 2018”, posted on its website on Wednesday.

    It said that the N39.15 trillion was derived from 616,528,697 transactions recorded as data on “Electronic Payment Channels in the Nigeria Banking Sector” during the period.

    The bureau added that NIBSS Instant Payments (NIP) transactions dominated the volume of transactions recorded in the quarter.

    According to the report, 228, 209, 423 NIP transactions valued at N23.57 trillion were recorded in the quarter under review.

    In terms of credit to private sector by the Central Bank of Nigeria (CBN) during the period, the report said the total value of credit allocated by the bank was N15.13 trillion.

    It said Oil and Gas and Manufacturing sectors got credit allocation of N3.55 trillion and N2.23 trillion to record the highest allocation in the quarter.

    The report also stated that the number of staff in the banking sector increased by 1.80 per cent quarter-on-quarter, from 102,821 in the third quarter to 104,669 in the period.

  • Nigeria’s GDP grows by 2.38% in Q4 2018, says NBS

    NIGERIA’S Gross Domestic Product (GDP) growth rate increased by 2.38 per cent (year-on- year) in the fourth quarter of 2018 (Q4, 2018), according to the National Bureau of Statistics (NBS).

    The growth rate indicates a 0.55 percentage rise compared to the 1.81 per cent growth recorded in the preceding quarter.

    It also represented an increase of 0.27 per cent when compared to the 2.11 per cent growth rate posted in the fourth quarter of 2017.

    According to the Nigerian Gross Domestic Product Report for the fourth quarter and full year 2018, released yesterday by the NBS, on a quarter on quarter basis, real GDP growth was 5.31 per cent.

    “The fourth quarter growth performance implies that real GDP grew at an annual growth rate of 1.93 per cent in 2018, compared to 0.82 per cent recorded in 2017, an increase of 1.09 per cent points,” the NBS said.

    In Q4, aggregate nominal GDP stood at N35.23 trillion, higher than N31.27 trillion recorded in Q4, 2017, representing a nominal growth rate of 12.65 per cent. The report also indicated that the real GDP growth stood at N19.04 trillion.

    However, nominal GDP for the whole of 2018 stood at N127. 76 trillion, representing a nominal growth rate of 12.36 per cent when compared to N113.71 trillion in 2017.

    Average daily oil production stood at 1.91 million barrels per day (mbpd), lower than the 1.94 mbpd in Q3 2018 as well as 1.95 mbpd recorded in Q4,2017.

    The oil sector contributed 7.06 per cent to real GDP in Q4, down from 9.38 per cent in Q3 and 7.35 per cent in Q4,2017.

    The NBS noted that for 2018, the contribution of the oil sector to aggregate real GDP was 8.60 per cent, compared to 8.67 per cent in 2017.

    On the other hand, the non-oil sector contributed 92.94 per cent to real GDP in Q4, 2018, slightly higher than the 92.65 per cent recorded in Q4 2017.

    The non-oil sector grew by 2.70 per cent in real terms within the review period. This is 1.25 per cent higher than the growth rate recorded in Q4 2017, and 0.38 per cent higher than the growth rate recorded in Q3 2018.

    On an annual basis, the non-oil sector recorded a growth rate of 2 per cent in 2018, performing considerably better than 0.47 per cent in 2017.

    For 2018, annual contribution of the non-oil sector was 91.40 per cent compared to 91.33 per cent in 2017.

    A breakdown of the sectoral contribution to growth showed that agriculture contributed 26.15 per cent to overall GDP in real terms in Q4, compared to 29.25 per cent in the preceding quarter but slightly higher than the 26.13 per cent recorded in Q4, 2017.

  • NBS, Guinness step up community development campaigns

    The National Bureau of Statistics (NBS) and Guinness Nigeria are championing community development initiatives through projects and campaigns.

    Both institutions are also supporting campaigns on responsible drinking. The NBS data showed that  Nigeria had about 11 million motor vehicles at the third quarter of 2017 . Around 3,000 car accidents occur every day around the world mainly due to alcohol abuse and human errors like use of phones when driving, disobeying traffic light and signs, impatient drivers , over speeding, bad roads, tires, driving under exhaustion among. This led to 12,077 road accidents of which 5,400 persons died in 2015.

    Guinness Nigeria, as part of their corporate strategy for reducing alcohol-related road crashes, has set ambitious responsible drinking targets and is committed to measuring and reporting on every programme. The firm promotes the  Diageo and United Nations Institute for Training and Research (UNITAR) partnership which has been running globally but will be implemented in Nigeria.

    At the UNITAR Road Safety Conference, held recently in Abuja served as an outlet to discuss solutions and share best practices and learnings on road safety legislation and regulation that will help address the issues of road safety in Nigeria.

    At the event were Minister for Transport, Rotimi Amaechi, Executive Director of UNITAR, Nikhil Seth, Managing Director of Guinness Nigeria Plc, Baker Magunda, and over 100 local and international experts and stakeholders. The stakeholders introduced plans to unveil major road safety engagements to reduce traffic death and injuries and improve road safety both globally and in Nigeria during the conference.

    The partnership with UNITAR and Federal Government will deliver a high-visibility drink driving enforcement campaign in Lagos. It will involve the training of Federal Road Safety Corps (FRSC) officers in planning, running and evaluating road-side breathalyzer checkpoints using the model created by renowned expert Othon Sanchez; who successfully ran a sustained drink drive campaign in Mexico City which delivered a 40 per cent reduction in crashes and fatalities. The objective of the three year campaign is to increase awareness and knowledge among drivers about the risk factors associated with drink driving and also curb alcohol-related fatalities.

    The programme Sanchez, a former police chief of Mexico City and a founder of “Conduce Sin Alcohol Programme” delivered a reduction in drinking and driving related crashes and fatalities. The training aims at addressing drinking and driving and the commitment to the “Drive Dry” campaign – meaning driving without alcohol consumption in the hope of reducing fatalities on the road; is the model that will be adopted by Guinness Nigeria and effected through the partnership with UNITAR and The Ministry of Transportation.  It is also to note that the initiative by Sanchez was also in partnership with UNITAR and Diageo and yielded results across Africa, Asia and Latin America.

    The target for Guinness Nigeria is to ensure that as a corporate organisation there is a strategic plan to achieve the United Nation’s Global Goals and support WHO’s programmes on health. With UN, road safety targets have been included in the final text of the new Sustainable Development Goals adopted by UN member states in New York. A specific stand-alone target in the Health Goal is to reduce road traffic fatalities by 50 per cent by 2020 and a target on sustainable urban transport in the cities.

    Guinness Nigeria is also engaging other stakeholders to curb the scourge of road crashes, in Nigeria. It launched the Annual Ember Months Campaign in partnership with the Federal Road Safety Corps (FRSC) to sensitize drivers on the dangers of drink driving especially during the end of the year through the festivities; to the New Year, when vehicular movements on the roads are usually high. The Annual Ember Months Campaign by Guinness Nigeria has been ongoing for 14 years and has garnered much impact.

     

  • NBS: Nigeria earns N808b from VAT

    About N800 billion was realised from Value Added Tax (VAT), data from the National Bureau of Statistics (NBS) have shown.

    According to the NBS, the revenue was generated from sectoral distribution spanning the first to third quarters (Q1-Q3) of last year.

    VAT is a consumption tax imposed on a product whenever value is added at each stage of the supply chain, from production to the point of sale.

    Sectoral Distribution of       VAT for Q2 and Q3, 2018 posted on the bureau’s website, showed an increase in the revenue generated from VAT during the year  review period.

    The report showed that  269.79 billion was realised in the first quarter, N266.73 billion in the second quarter and N273.50 billion came in as VAT in the third quarter in that order.

    The figures represented an increase of 2.54 per cent quarter-on-quarter, and 9.16 per cent increase year-on-year.

    Also the report showed that the manufacturing sector generated the highest amount of VAT averaging  N31.48 billion, and closely followed by Professional Services and Commercial and Trading, both generating N25.57 billion and N15.99 billion respectively.

    It further stated that the mining sector generated the least, closely followed by Pharmaceutical, Soaps and Toiletries and Textile and Automobiles and Assemblies with N52.70 million, N177.34 million and N265.35 million respectively.

    In addition, it stated that out of the total amount generated in the third quarter of 2018, N128.62 billion was generated as Non-Import VAT locally, while N58.84 billion was generated as Non-Import VAT for foreign.

    The report however noted that the balance of N86.04 billion was generated as Nigeria-Customs import VAT in the year.

  • Nigeria’s Inflation rate increases in November

    The National Bureau of statistics (NBS), says the Consumer Price Index (CPI), which measured inflation increased to 11.28 per cent (year-on-year) in November from 11.26 per cent recorded in October.

    The NBS disclosed this in its “CPI and Inflation Report’’ for November released in Abuja on Friday.

    According to the bureau, the figure is 0.02 per cent points higher than the rate recorded in October.

    On a month-on-month basis, the NBS said the headline index increased by 0.80 per cent in the period under review by 0.06 per cent points from the rate recorded in October (0.74 per cent).

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    It said the percentage change in the average composite CPI for the 12 months period ended November over the average of CPI for the previous 12 months period.

    It, however, measured the CPI at 12.41 per cent in the period under review, showing a 0.37 per cent decline from 12.78 per cent recorded in October.

    The bureau said that increases were recorded in all Classification of Individual Consumption by Purpose (COICOP) divisions that yielded the Headline index.

  • Use revenue performance in revenue allocation to states, NBS tells Fed Govt

    The National Bureau of Statistics (NBS) has urged the Federal Government to use performance indices of Sustainable Development Goals (SDG) instead of population to allocate revenue to states.

    Statistician-General of the Federation Yemi Kale made the recommendation during a public lecture to commemorate the 2018 African Statistics Day in Abuja yesterday.

    Kale was represented by Mr. Isiaka Olanrewaju, a Director and Programme Analyst at the NBS.

    He said: “We should stop using only the population to allocate revenue to states; rather, performance through measurement of Sustainable Development Goals in relationship with Nigeria should be used.”

    Kale He urged relevant government agencies to provide government with a comprehensive, reliable and timely data to ensure the formulation of policies and monitoring of key government programmes.

     

    He charged users, producers and suppliers of statistics to take advantage of the occasion to re-engineer their efforts in the production and usage of high quality statistics.

    According to him, several methods of generating quality data should be explored to enable Nigeria join the comity of nations with well-developed statistics.

    “Development statistics at all levels requires that all hands must be on deck and we are determined to achieve this in the nearest possible time,” Kale said.

     

    However, Alphonsus Onwuemeka, Food and Agricultural Organisation’s (FAO) Programme Officer, who represented FAO’s Country Representative in Nigeria, Suffyan Koroma, decried the quality of data generated by government agencies.

    He said a lot of such data being generated in Nigeria were not harmonised and therefore not useful to end users.

     

    “The challenge facing Nigeria (data) is brought about by officials and statistical systems that are less optimal,” Koroma said.

  • NBS: Nigeria’s inflation increases

    The National Bureau of Statistics (NBS) says the Consumer Price Index, (CPI) which measured inflation for September increased to 11.28 per cent (year-on-year) from 11.23 per cent recorded in August. The NBS disclosed this in its “CPI and Inflation Report” for September released in Abuja.

    According to the Bureau, the figure is 0.05 per cent points higher than the rate recorded in August. The report showed that increases were recorded in all the Classification of Individual Consumption by Purpose (COICOP) divisions that yielded the headline index.

    On month-on-month basis, NBS said that the Headline Index increased by 0.84 per cent in September down by 0.21 per cent points from the rate recorded in August (1.05 per cent). It said that the percentage change in the average composite CPI for the 12 months period ended  September over the average of CPI for the previous 12 months period. It however measured the CPI at 13.16 per cent in the period under review, showing 0.39 per cent point from 13.55 per cent recorded in August.

    In similar vein, NBS said the average cost of refilling a five kilogramme (kg) cylinder for Liquefied Petroleum Gas (Cooking Gas) increased to N2,107 from N2,054 recorded in August. The bureau disclosed this in its “Liquefied Petroleum Gas (Cooking Gas) Price Watch’’ (September 2018) report yesterday in Abuja.

    It said the price for refilling a 5kg cylinder of cooking gas increased by 2.60 per cent month on month  and 10.26 per cent year-on-year in the period under review.

    According to the bureau,  states with the highest average price for refilling a five kg cylinder for cooking gas are Bauchi (N2,400.00), Borno (N2,440.00) and Gombe (N2,487.50). It said states with the lowest average price for refilling a five kg cylinder for cooking gas were Abuja and Ebonyi (N1,900.00), Enugu (N1,865.45) and Kaduna (N1,800.00).

    Similarly, the NBS said the average cost of refilling a 12.5kg cylinder for cooking gas increased from N4,366.48 in August to N4,376.19 in September.

    The same is applicable to Kerosene, which increased to  N297.28 in September from N288.75 recorded  in August. The bureau said the price of Kerosene increased by 2.95 per cent month-on-month and 12.40per cent year-on-year.