Tag: NBS

  • Nigeria’s public debt stock increases to N121.67trn in Q1 2024 – NBS

    Nigeria’s public debt stock increases to N121.67trn in Q1 2024 – NBS

    Nigeria’s public debt stock increased from N97.34 trillion (108.23 billion dollars) in the fourth quarter of 2023 to N121.67 trillion (91.46 billion dollars) in the first quarter of 2024.

    The National Bureau of Statistics (NBS) said this on Tuesday in its Nigerian Domestic and Foreign Debt Report for Q1 2024 released in Abuja.

    The report said Nigeria’s public debt stock, which included external and domestic debts, grew by 24.99 per cent on a quarter-on-quarter basis.

    It said that External debt stood at N56.02 trillion (42.12 billion dollars) in Q1 2024, while domestic debt was N65.65 trillion (49.35 billion dollars).

    Read Also: Nigeria’s public debt stock increases to N97.34trn in Q4 2023 – NBS

    “However, the share of external debt to total public debt stood at 46.05 per cent in Q1 2024, while domestic debt was recorded at 53.95 per cent.’’

    In a breakdown by states, the bureau said that Lagos State recorded the highest domestic debt of N929.41 billion in Q1 2024, followed by Delta with N334.90 billion.

    The report showed Jigawa recorded the lowest domestic debt at N2.07 billion, followed by Ondo at N16.40 billion.

    (NAN)

  • Nigeria has 40.2m agriculture households – NBS

    Nigeria has 40.2m agriculture households – NBS

    Nigeria has about 40.2 million agricultural households, the National Bureau of Statistics (NBS)  has said.

    This was made known an the unveiling of the National Agricultural Sample Census(NASC) 2022 in Abuja on Monday.

    The News Agency of Nigeria (NAN) reports that the  census was conducted by the NBS in partnership with the World Bank, Federal Ministry of Agriculture and Food Security, and the Food and Agriculture Organisation of the United Nations.

    The report revealed that out of the 91 per cent of agricultural households that cultivated crops, 35 per cent practised only crop cultivation while 48 per cent reported raising any type of livestock.

    It showed that 16 per cent of the households raised 58 million cattle, while 41.2 per cent raised about 124 million goats.

    “While 42.5 per cent raised poultry, most commonly chickens, while five per cent practised fisheries.”

    The report showed that the lowest percentage of agricultural households into Crop Cultivation was recorded in Lagos State at 48.0 per cent, while Ebonyi recorded the highest at 99.5 per cent.

    It showed the highest percentage of agricultural households engaged in Livestock Production was reported in Jigawa at 84.2 per cent, followed by Bauchi at 79.7 per cent .

    The report said for Poultry, the highest percentage of agricultural households was recorded in Benue at 65.2 per cent, followed by Ebonyi State at 63.3 per cent.

    Bishop Ohioma, Assistant Director, Agricultural and Business Enterprises Statistics Department, NBS, while giving an overview of the report, said the survey has two components which include the listing component and the sample survey component .

    Ohioma said the listing component was what was being unveiled while the sample survey component would be unveiled in a few months.

    He said the census provided a robust dataset that wouks support agricultural interventions programmes, enhance food security, and promote sustainable agricultural practices.

    He said the NASC listing was conducted using digitised Enumeration Area (EA) maps in all the 36 States of the Federation and the FCT.

    Ohioma said 767 Local Government Areas (LGAS) in the country were canvassed, however, seven LGAs were not covered as at the time of the Census due to insecurity.

    He said the uncovered LGAs were Four LGAs in Imo state and three LGAs in Borno state.

    Read Also: Nigeria’s total trade rises by 145.58% in one year to N31.8tr, says NBS

    Ohioma said 40 EAs were covered in each LGA and the number of EAs covered varied by state, both urban and rural EAs were covered.

    “In all, 30,546 EAs were covered nationwide out of the proposed 30,960. ”

    He said one of the recommendations from the report include Government should allocate more resources to support the conduct of the quarterly and annual National Agricultural Sample Survey (NASS).

    Ohioma said the report also recommended Technical and financial Partners to sustain support in the conduct of quarterly and annual NASS.

    “Technical and financial Partners to continuously provide support to build capacity of staff of the NBS in agricultural statistics production.

    “All hands must be on deck to ensure the sustainability of the NASC in Nigeria.”

    (NAN)

  • Nigeria’s total trade rises by 145.58% in one year to N31.8tr, says NBS

    Nigeria’s total trade rises by 145.58% in one year to N31.8tr, says NBS

    The total merchandise trade increased by 145.58%, rising from N12.6 trillion in the first quarter of 2023 to N31,810.59 trillion in the first quarter of 2024.

    The National Bureau of Statistics (NBS) made this known on Sunday, June 9, in its document titled: ‘ Foreign Trade in Goods Statistics (Q1 2024).”

    NBS said: “Nigeria’s total merchandise trade stood at N31,810.59 billion in Q1, 2024. This represents an increase of 46.27% over the value recorded in the preceding quarter and rose by 145.58% compared to the value (N12.6trillion)  recorded in the corresponding period of 2023.”

    The document said the data revealed that export accounted for 60.25% of total trade in the reviewed quarter with a value of N19,167.36 billion, showing an increase of 51.00% compared to the value recorded in Q4 2023 (N12,693.62) and by 195.47% over the value recorded in the first quarter of 2023 (N6,487.04).

    Read Also: Airfare rises by 19% in one year, says NBS

    Exports trade in the first quarter of 2024, said the bureau, was dominated by crude oil exports valued at N15,486.63 billion representing 80.80% of total exports while the value of non-crude oil exports stood at N3,680.73 billion accounting for 19.20% of total exports; of which non-oil products contributed N1,778.85 billion or 9.28% of total exports.  

  • Food prices rise in April 2024 – NBS

    Food prices rise in April 2024 – NBS

     The National Bureau of Statistics (NBS), says prices of rice, garri, tomato, beans, yam and other food items increased in April 2024.

    The NBS said this in its Selected Food Prices Watch report for April 2024 released in Abuja on Friday.

    The report said that the average price of 1kg of local rice increased by 155.93 per cent from N546.76 recorded in April 2023 to N1, 399.34 in April 2024.

    “On a month-on-month basis, 1kg of local rice increased by 3.47 per cent in April from the N1, 340.74 recorded in March 2024.”

    It said that the average price of 1kg of white garri increased by 134.98 per cent on a year-on-year basis from N362.50 recorded in April 2023 to N851.81 in April 2024.

    “On a month-on-month basis, 1kg of white garri increased by 13.59 per cent from the N749.89 recorded in March 2024.”

    The report said that the average price of 1kg of tomato increased by 131.58 per cent on a year-on-year basis from N485.10 in April 2023 to N1, 123.41 in April 2024.

    Read Also: NBS: Nigeria had 250,227 policemen in 2022

    “On a month-on-month basis, the price increased by 17.06 per cent from the N959.68 recorded in March 2024.”

    The NBS said that the average price of 1kg of brown beans rose by 125.43 per cent on a year-on-year basis from N615.65 in April 2023 to N1387.90 in April 2024.

    “On a month-on-month basis, 1kg of brown beans increased by 12.44 per cent from N1, 234.40 recorded in March 2024 to N1,387.90 in April 2024. ”

    In addition, the average price of 1kg of yam tuber rose by 154.19 per cent on a year-on-year basis from the N444.69 recorded in April 2023 to N1, 130.37 in April 2024.

    “On a month-on-month basis, it increased by 5.76 per cent from N1, 068.78 recorded in March 2024 to N1, 130.37 in April 2024.”

    On state profile analysis, the report showed that in April 2024, the highest average price of 1kg of local rice was recorded in Niger at N1, 785.47, while the lowest was recorded in Benue at N993.72

    It said that Bayelsa recorded the highest average price of 1kg of white garri at N1, 095.26, while the lowest was recorded in Benue at N494.47.

    The NBS said that the highest average price of 1kg of tomato was recorded in Delta at N1, 851.19, while the lowest price was recorded in Zamfara at N547.22

    According to the report, Abuja recorded the highest average price of 1kg of brown beans at N2, 288.36, while the lowest was reported in Yobe at N818.03.

    It said Cross River recorded the highest average price of 1kg of yam tuber at N 1,797.15, while the least average price was recorded in Bauchi at N638.64.

    Analysis by zone showed that the average price of 1kg of local rice was highest in the South-West at N1, 615.21, followed by the South-South at N1, 564.85.

    “The lowest price was recorded in the North-West at N1, 163.13.”

    The South-South and South-West recorded the highest average price of 1kg of white garri at N1,031.19 and N 982.42, respectively, while the lowest price was in the North-West at N681.77.

    The report said that the South-South recorded the highest average price of 1kg of tomato at N1, 689.40 followed by the South-West at N1, 429.06 , while the North-West recorded the lowest price at N615.54

    The NBS said also that the North-Central and South-South recorded the highest average price of 1kg of brown beans at N1, 594.84 and N1, 579.64, respectively.

    “The North-West recorded the lowest price of 1kg of brown beans at N966.9.”

    (NAN)

  • Police officers decreased to 250,2276 in 2022-NBS

    Police officers decreased to 250,2276 in 2022-NBS

    The National Bureau of Statistics (NBS) said the number of police officers in the country declined to 250,2276 in 2022.

    This was contained in the internal security chapter of its “2023 Social Statistics Report”, which was released on Tuesday.

    According to the report: “The total number of police officers in 2020 was 213,709, the number increased to 250,461 in 2021 and decreased to 250,2276 in 2022.”

    On cases of missing persons in Nigeria, the report said the total number of cases of missing persons reported by the Nigeria Police Force was 279 in 2020, with 79 persons traced, and 121 persons untraced. 

    It added that however, this number increased to 427 missing persons in 2021 with 195 persons traced, and 233 persons untraced. 

    NBS said in 2022, missing persons reported fell to 206, with 136 persons traced, and 33 persons untraced.

    The report explained that internal security plays a vital role in maintaining the peace and order of a sovereign state or nation, while crime constitutes actions subject to legal consequences by the state or statutory authorities.

    It stated that Nigeria has been grappling with a series of crimes and security

    challenges, encompassing terrorism, rape, robbery, kidnapping, banditry, corruption, etc.

    On Nigerian Correctional Service (NCOS): Custodial Centre Inmates, NBS said the  total number of Custodial Inmates in 2020 stood at 65,198.

     This, said the report, increased to 70,186 in 2021 and further to 73,617 in 2022.

    It further noted that Custodial Centre Admissions by Term of Imprisonment

    Custodial admission of inmates by terms of imprisonment for the three-year reporting period, “shows that Remand/Awaiting Trials recorded the highest in 2020 with 82,785, while 74,457 and 121,896 were recorded in 2021 and 2022 respectively. 

    “The inmates condemned to death were 814 in 2020, this increased to 1,145 in 2021 and decreased to 1,133 in 2022.”

    Read Also: BREAKING: Inflation rises to 33.69% in April, says NBS

    On health, the report noted that the total number of doctors registered with the Medical and Dental Council of Nigeria was 29,070 in 2020, it increased to 38,959 and 55,019 in 2021 and 2022 respectively.

    NBS also revealed that the total number of dentists registered with the Medical and Dental Council of Nigeria was 1,651 in 2020, it increased to 2,165 and 3,112 in 2021 and 2022 respectively.

    According to the data, the number of pregnant women with confirmed uncomplicated malaria was 205,308 in 2020, it increased to 1,018,026 in 2021 and 1,252,176 in 2022.

    NBS also revealed that the total number of deaths caused by severe malaria in Nigeria was 273 in 2020,

    increasing to 518 in 2021 and rose significantly to 8,983 in 2022.

  • Petrol price increases by 176.02% in 12 months – NBS

    Petrol price increases by 176.02% in 12 months – NBS

    The National Bureau of Statistics (NBS) on Tuesday, May 21, said the prices of a litre of the Premium Motor Spirit (PMS) rose by 176.02% in one year.

    This was contained in its document titled: Premium Motor Spirit (Petrol) Price Watch (April 2024).”

    The document noted that the price increased from N254.06 per litre in April 2023 to N701.24 per litre.

    NBS said: “The average retail price paid by consumers for Premium Motor Spirit (Petrol) for April 2024 was N701.24, indicating a 176.02% increase when compared to the value recorded in April 2023 (N254.06).”

    The report said likewise, comparing the average price value with the previous month (.i.e. March 2024), the average retail price increased by 0.64% from N696.79.

    On State profile analysis, NBS said Kogi State had the highest average retail price for Premium Motor Spirit (Petrol), at N797.78, Nasarawa and Zamfara States were next, with N778.89 and N754.29, respectively.

    It added that on the other side, Lagos, Niger and Ogun States had the lowest average retail prices for Premium Motor Spirit (Petrol), at N602.55, N633.75 and N647.14 respectively.

    The data also said on the zonal profile, the North East Zone had the highest average retail price of N734.70, while the South West Zone had the lowest price of N655.66.

    Read Also: Airfare rises by 18.96% in 12 months, says NBS

    Similarly, the bureau said the average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 68.01% on a year-on-year basis from a lower cost of N842.25 per litre recorded in the corresponding month of last year (i.e., April 2023) to a higher cost of N1415.06 per litre in April 2024.

     It noted that on a month-on-month basis, an increase of 5.51% was recorded from N1341.16 in the preceding month of March 2024 to an average of N1415.06 in April 2024.

    According to the document, looking at the variations in the State prices, the top three States with the highest average price of the product in April 2024 include Taraba State (N1742.46), Bauchi State (N1669.63), and Borno (N1652.61).

    It added the top three lowest prices were recorded in the following State namely, Niger State (N1023.00), Kogi State (N1152.50), and Adamawa State (N1257.50).

    NBS said the Zonal representation of the average price of Automotive Gas Oil (Diesel) shows that the North East Zone has the highest price of N1553.80 while the North Central Zone has the lowest price of N1307.21 when compared with other Zones.

  • BREAKING: Inflation rises to 33.69% in April, says NBS

    BREAKING: Inflation rises to 33.69% in April, says NBS

    The National Bureau of Statistics (NBS) on Wednesday, May 15, said inflation rate increased to 33.69% in April 2024 from the 33.20% of March 2024.

    This was contained in its document titled: ” Consumer Price Index

    April 2024,” which noted that the rate of increase showed 0.49% points in comparison to that of the previous month.

    NBS said: “In April 2024, the headline inflation rate increased to 33.69% relative to the March 2024 headline inflation rate which was 33.20%.

    “Looking at the movement, the April 2024 headline inflation rate showed an increase of 0.49% points when compared to the March 2024 headline inflation rate.”

    The data also noted that on a year-on-year basis, the headline inflation rate was 11.47% points higher compared to the rate recorded in April 2023, which was 22.22%. 

    Read Also: Airfare rises by 18.96% in 12 months, says NBS

    The report said this shows that the headline inflation rate (year-on-year basis) increased in the month of April 2024 when compared to the same month in the preceding year (i.e., April 2023). 

    According to NBS, on a month-on-month basis, the headline inflation rate in April 2024 was 2.29%, which was 0.73% lower than the rate recorded in March 2024 (3.02%).

    It said this means that in the 

    month of April 2024, the rate of increase in the average price level is less than the rate of increase in the average price level in March 2024.

    Details shortly…

  • Airfare rises by 18.96% in 12 months, says NBS

    Airfare rises by 18.96% in 12 months, says NBS

    The National Bureau of Statistics (NBS) on Tuesday, April 23, said the average airfare passengers paid in 12 months rose by 18.96%.

    According to the Bureau in its document titled: “Transport Fare Watch for March 2024,” the fare increased from N74,782.43 in March 2023 to N88,964.86 in March 2024.

    The data also noted that the fare soared by 1.10% on a monthly basis.

    “In air travel, the average fare paid by air passengers for specified routes single journey was N88,964.86 in March 2024, indicating an increase of 1.10% compared to the previous month (February 2024).

    “On a year-on-year basis, the fare rose by 18.96% from N74,782.43 in March 2023,” said NBS.

    The document explained that the Transport Fare Watch for March 2024 covers the following categories: bus journey within the city per drop constant route; bus journey intercity (state route) charge per person; air fare charge for specified routes single journey; journey by motorcycle (Okada) per drop; and water way passenger transport.

    It further noted that the average fare paid by commuters for bus journeys within the city per drop increased to 1.85% from N951.76 in February 2024 to N969.32 in March 2024.

    NBS said on a year-on-year basis, it rose by 49.55% from N648.16 in March 2023. In another category, the average fare paid by commuters for bus journey intercity per drop was N7,152.97 in March 2024, showing an increase of 2.14% on a month-on-month basis compared to N7,002.97 in February 2024. On a year-on-year basis, the fare rose by 79.17% from N3,992.36 in March 2023.

    The data further said the average transport fare paid on Okada transportation was N472.16 in March 2024 which increased by 0.92% when compared with the value recorded in February 2024 (N467.84).

     On a year-on-year basis, according to NBS, the fare increased by 2.15% when compared with March 2023 (N462.21).

    It said for water transport (waterway passenger transportation), the average fare paid in March 2024 declined to N1,384.32 from N1,395.81 which indicates a decrease of 0.82% on a monthly basis.

    On a year-on-year basis, it increased by 34.25% from N1,031.12 in March 2023.

    Read Also: JUST IN: Inflation rises to 33.20% in March, says NBS

     The document reads in part: “On state profile analysis, for intercity bus travel (state route charged per person fare), the highest fare was recorded in Anambra with N9,700.00, followed by Akwa-Ibom with N9,000.00. The least fare was recorded in Kwara with N5,500.00, followed by Ebonyi with N5,700.00.

    “Taraba state recorded the highest bus journey within the city (per drop constant route) in March 2024 with N1,450.00 followed by Ondo with N1,200.00. On the other hand, Abia recorded the least with N520.00, followed by Adamawa with N580.00.

    “Similarly, Rivers recorded the highest air transport charges (for specified routes single journeys) with N100,000.00, followed by Kano with N96,000.00.

    “Conversely, Abia recorded the least fare with N70,000.00, followed by Plateau with N80,500.00. Also, Lagos State had the highest motorcycle transport fare in March 2024 with N850.00, followed by Ondo with N725.00.

     “The least fare was recorded in Anambra with N240.00, while Bayelsa followed with N270.00. Similarly, water transport fare was highest in Bayelsa with N4,500.00, followed by Delta with N4,200.00, while the least fare was recorded in Borno with N440.00, followed by Gombe with N560.00.”

  • JUST IN: Inflation rises to 33.20% in March, says NBS

    JUST IN: Inflation rises to 33.20% in March, says NBS

    The National Bureau of Statistics (NBS) Monday, April 15, said the inflation rate increased from 31.70% in February 2024 to 33.20% in March 2024.

    According to the Bureau in its Consumer Price Index (CPI) and Inflation Report March 2024, it rose by 1.50% point compared to the previous month.

    NBS said: “In March 2024, the headline inflation rate increased to 33.20% relative to the February 2024 headline inflation rate which was 31.70%.

    “Looking at the movement, the March 2024 headline inflation rate showed an increase of 1.50% points when compared to the February 2024 headline inflation rate.”

    Read Also: Inflation records marginal rise at close of Q1

    The document said on a year-on-year basis, the headline inflation rate was 11.16% points higher compared to the rate recorded in March 2023, which was 22.04%. This shows that the headline inflation rate (year-on-year basis) increased in March 2024 when compared to the same month in the preceding year (i.e., March 2023).

    NBS further noted that on a month-on-month basis, the headline inflation rate in March 2024 was 3.02%, which was 0.10% lower than the rate recorded in February 2024 (3.12%).

    The Bureau explained this means that in March 2024, the rate of increase in the average price level is less than the rate of increase in the average price level in February 2024.

    Details shortly…

  • Revenue from train passengers dips by 7.51% in 12 months – NBS

    Revenue from train passengers dips by 7.51% in 12 months – NBS

    Revenue collected from train passengers declined by 7.51% in 12 months, according to the National Bureau of Statistics (NBS).

    The bureau said the revenue fell from N1.15billion collected in the the Q4 2022 to N1.07billion in Q3 2023.

    This was made known in its document titled: “Rail Transportation Data Q4 2023.”

    The data said: “In terms of revenue generation, N1.07 billion was received from passengers during the reference period, showing a decrease of 7.51% from the N1.15 billion recorded in the same quarter of the previous year.”

    According to the report, N423.22 million was collected from goods/cargos conveyed in Q4 2023, up by 169.16% from N157.23 million received in Q4 2022.

    NBS also added that other receipts amounted to N393.72 million, indicating an increase of 3.02% in Q4 2023 from the N382.17 million collected in Q4 2022. 

    The report said, however, on an annual basis, the number of passengers in 2023 fell by 32.08% compared to the previous year. 

    Read Also: Cost of healthy diet stood at N938 in February – NBS

    NBS noted that the revenue received from passengers declined by 2.64% in 2023, while volume of cargo and revenue from cargo rose by 102.04%, and 144.32% respectively relative to 2022.

    NBS said in Q4 2023, a total of 672,198 passengers travelled via rail system relative to 1,337,108 reported in the corresponding quarter of 2022, indicating a growth rate of -49.73%.

    The Bureau said the  volume of goods/cargos transported in Q4 2023 stood at 119,286 tons compared to 53,136 tons recorded in Q4 2022.