Thursday , 19 January 2017


Inflation Rises To 17.9% In September – NBS

National Bureau of Statistics (NBS)

Nigeria’s annual inflation accelerated in September to 17.9 percent, a more than 11-year high and the eighth monthly rise in a row, highlighting the economic crisis in Africa’s most populous nation. The rise from 17.4 percent in August reflected higher prices for electricity, kerosene, transport and food, a separate index …

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Finance Minister Lied By Denying “Recession Is A Word” Comment

Kemi Adeosun Twitter controversy3

Minister of Finance, Kemi Adeosun, has come under severe fire from a cross-section of Nigerians, especially on social media, for her comments that recession is just a word. The minister, who was reported to have made the comments via her Twitter handle @Mrskemiadeosun, disowned the account yesterday, saying she is …

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Nigeria’s Finance Minister Disowns Twitter Account As Parody


The Minister of Finance, Kemi Adeosun, has disowned a social media account that quoted her as dismissing recession as just a “word”. The National Bureau of Statistics had on Wednesday officially declared that Nigeria had entered into a long predicted recession after her economy contracted by 2.06 per cent in …

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You Must Apologize To Nigerians For “Insensitive Comments”, PDP Tells Adeosun

The Peoples Democratic Party (PDP) has asked the Minister of Finance, Kemi Adeosun, to render an unreserved apology to Nigerians over a comment attributed to her on the current state of the nation’s economy. The minister had on Wednesday, via her twitter handle, purportedly said that recession is just a …

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Inflation Rises To 16.5% in June, Highest Since Almost 11 Years


The Consumer Price Index (CPI) measuring inflation in the Nigerian economy has risen to its highest point of 16.5 per cent since 2005 this is according to the report released by the National Bureau of Statistics (NBS). The report reads: “In June, the Consumer Price Index (CPI) which measures inflation …

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Senators To Debate State Of Economy Wednesday


The downward decline of the Nigerian economy will dominate debate when senators resume plenary on Wednesday. The decision to debate the state of the economy was sequel to the adoption of a motion urgent national importance moved by Senator Bassey Albert Akpan (PDP/Akwa Ibom North East). According to Senator Akpan, …

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Nigeria Spent N20.2tr To Import Petrol, Kerosene, Diesel In 5 Years


Nigeria spent N20.2 trillion on importation of petrol, diesel and kerosene between January 2010 and September 2015, the National Bureau of Statistics (NBS) has said. Figures jointly compiled by both the NBS and the Petroleum Products Pricing Regulatory Agency (PPPRA) released at the weekend show that N12, 529, 746, 397, …

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Agric Minister And Ex-Agric Minister Clash Over Success Claims


A former Minister of Agriculture during Olusegun Obasanjo’s administration, Adamu Bello, has faulted the numerous claims of achievements in the sector by the present minister, Dr. Akinwunmi Adesina, describing such claims as uncharitable and misplaced. Bello said yesterday in a document that the claims by Adesina that the agriculture sector …

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Good News: Nigeria Records 85 Per Cent Employment In First Half Of 2014 – NBS


The National Bureau of Statistics (NBS) says Nigeria recorded 85 per cent employment in the first half of 2014. This was contained in a statement issued by the Statistician-General of the Federation, Dr Yemi Kale, in Abuja on Tuesday. “In both the first and second quarter of 2014, over 85 …

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Nigeria’s GDP Records 6.5% Growth In Second Quarter – NBS


Nigeria’s Gross Domestic Product, GDP, grew by 6.54 percent in the second quarter of 2014, the National Bureau of Statistics has said. In a statement Sunday, the Statistician-General of the Federation, Yemi Kale, said the figure was higher than 5.40 per cent recorded in the corresponding quarter of 2013, and …

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80% Of Nigerian Youths Are Unemployed – CBN Official


The Central Bank of Nigeria on Thursday brought to the front burner the issue of youth unemployment in the country as it said 80 per cent of Nigerian youths are without jobs. This is despite repeated figures released by the National Bureau of Statistics indicating that the Nigerian economy had …

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54% of Nigerian Youths Were Without Jobs In 2012, Says NBS


The National Bureau of Statistics (NBS) on Tuesday said that 54 per cent of Nigerian youths were unemployed in 2012. This was contained in the “2012 National Baseline Youth Survey Report” issued in Abuja by the NBS in collaboration with the Federal Ministry of Youth Development. “More than half, about …

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Deregulate Minimum Wage And Incur Workers’ Wrath, Union Warns Senate


The Senate has been warned against the proposed deregulation of the national minimum wage in the country in the interest of industrial peace. The warning was given by Association of Senior Civil Servants of Nigeria on Wednesday. The union alleged that since most of the Senators were “sponsored” by their …

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ACN To Jonathan: Nigerians Do Not Need Marking Scheme To Know You’ve Failed


The Action Congress of Nigeria (ACN) has replied President Goodluck Jonathan on his statement that Nigerians should develop their own marking scheme and assess his administration insisting that there is no need for a ‘marking scheme’ as people know when a government has impacted positively on their lives or not. …

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Good News: By 2015, Only 27.2% of Nigerians’ll Be Poor – NBS


By 2015, only 27.2 per cent of the nation’s population would be poor and this is according to the National Bureau of Statistics. The Statistician-General of the Federation and Chief Executive Officer, NBS, Dr. Yemi Kale, represented by the Assistant Director, Millennium Development Goals, NBS, Mr. Iro Godwin, expressed this …

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Sokoto Tops States With Highest Poverty Rate As Niger Records Lowest Rate


In a recently published data on its website, the National Bureau of Statistics showed that at the end of 2012, Sokoto State remained the poorest state in the country, with 81.2 per cent poverty rate in sharp contrast with Niger state which had a poverty rate of 33.8 per cent. …

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Job Category: Statistician Cadre Positions: Statistician Grade II, Statistician Grade I, Senior Statistician Job Category: Administrative Officer Cadre Positions: Administrative Officer Grade II, Administrative Officer Grade I, Senior Administrative Officer Job Category: Accountant Cadre Positions: Accountant Grade II, Accountant Grade I, Senior Accountant Job Category: Programme Analyst Cadre Positions: Programme …

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