Tag: National Bureau of Statistics (NBS).
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Railway corporation generates N1.49b from passengers in Q3 2023- NBS
The Nigerian Railway Corporation generated N1.49 billion as revenue from passengers in Q3 of 2023, the National Bureau of Statistics (NBS) has said. This is contained in the NBS Rail Transportation Data for Q3 and Q4 2023 released in Abuja on Thursday.
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Cooking gas prices fluctuate across Nigeria regions
The National Bureau of Statistics (NBS) has reported that the average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) witnessed a month-on-month increase of 1.81 per cent. In September 2023, the price rose to N4,189.96 from N4,115.32 in August 2023. However, on a year-on-year basis, there was a decrease of…
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World Food Day: FAO urges measures for food security amid rising inflation
As Nigeria grapples with soaring inflation rates, the Director-General of the Food and Agriculture Organisation (FAO) of the United Nations, Qu Dongyu, has urged governments to prioritize water in policy and planning, as there can be no food security without water. Dongyu gave the advice on Monday at the World Food Day 2023 ceremony, held…
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92% Nigerians are informally employed — NBS
The National Bureau of Statistics (NBS) has noted that 92.6 percent of employed persons in Nigeria were in informal employment in the first quarter of 2023. According to NBS, persons in informal employment including agriculture were in the range of 92.6 percent, saying that the percentage in informal employment excluding agriculture is 89.4 percent.
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Nigeria’s inflation rate jump to 22.41% in May
Nigeria inflation rate jumped up to 22.41 percent in May 2023, according to Nigeria’s consumer price index (CPI), which measures the rate of change in prices of goods and services in the country. The inflation rate increased from 22.22 percent in the previous month to 22.41 percent.