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National Bureau of Statistics, Nigeria mission is to generate, on a continuous and sustainable basis, socio-economic statistics on all facets of development in Nigeria.
NBS Vision is to become one of the foremost and modern knowledge-based national statistical offices in Africa and indeed the world.
Data cited at: https://nigeria.opendataforafrica.org/NGNBSNCPIR2017
The consumer price index, (CPI) which measures inflation increased by 11.14 percent (year-on-year) in July 2018. This is 0.09 percent points less than the rate recorded in June 2018 (11.23) percent and represents an eighteenth consecutive disinflation in headline inflation year on year. Increases were recorded in all COICOP divisions that yielded the Headline index. On month-on-month basis, the Headline index increased by 1.13 percent in July 2018, down by 0.11 percent points from the rate recorded in June 2018 (1.24 percent). This represents the first-time month on month headline inflation has declined since February 2018. The percentage change in the average composite CPI for the twelve months period ending July 2018 over the average of the CPI for the previous twelve months period was 13.95 percent, showing 0.42 percent point from 14.37 percent recorded in June 2018.
Data cited at: https://nigeria.opendataforafrica.org/ffbywug
Average price paid by consumers for automotive gas oil (diesel) decreased by -0.32% month-on-month and increased by 3.39% year-on-year to N204.32 in July 2018 from to N204.97 in June 2018.
States with the highest average price of diesel were Borno(N247.50), Taraba(N231.25) and Gombe (N228.33)
States with the lowest average price of diesel were Abuja (N184.00), Adamawa (N180.35) and Nasarawa (N175.83).
Data cited at: https://nigeria.opendataforafrica.org/hfjmjt
Average price per litre paid by consumers for National Household Kerosene decreased by -1.00% month-onmonth and -1.29% year-on-year to N276.87 in July 2018 from N279.67 in June 2018.
States with the highest average price per litre of kerosene were Yobe (N310.00) , Nassarawa (N306.19), and Bayelsa (N304.72).
States with the lowest average price per litre of kerosene were Kogi (N238.89), Borno (N236.67) and Abia (N227.50)
Similarly, average price per gallon paid by consumers for National Household Kerosene decreased by -0.41% month-on-month and increased by 1.76% year-on-year to N1000.19 in July 2018 from N1004.29 in June 2018.
States with the highest average price per gallon of kerosene were Borno (N1130.00), Jigawa (N1115.38) & Bauchi (N1070.00).
States with the lowest average price per litre of kerosene were Rivers (N921.05), Delta (N900.73) and Oyo (N900.59).
Data cited at: https://nigeria.opendataforafrica.org/uvqchld
Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -1.20% month-on-month and -9.69% year-on-year to N2,010.45 in July 2018 from N2,034.93 in June 2018.
States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Bauchi (N2,500.00), Borno (N2,401.43) and Gombe (N2,314.29). States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Edo (N1,731.25), Abuja (N1,730.00) and Ebonyi (N1,700.00).
Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.81% month-on-month and -2.97% year-on-year to N4,244.35 in July 2018 from N4,278.95 in June 2018.
States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Benue (N4,775.00), Kaduna (N4,716.67) and Akwa Ibom (N4,660.00). States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Oyo (N3,855.63), Ogun (N3,849.09) and Lagos(N3,615.38).
Farm gate Price is defined as the price at which the producer (farmer) sells his/her farm produce (crop) at the farm or nearest market outlet to the farm, excluding the middlemen. This price is valued per kilogram (or litre) in naira. The farm gate price is to gauge the actual amount that comes to the farmer from the sales of the farm produce.
The data is extract from the Annual survey on Socio-Economic Activities conducted by the National Bureau of Statistics (NBS) in collaboration with Central Bank of Nigeria (CBN) and Nigerian Communication Commission (NCC).
Other links : https://knoema.com/NGSOCECO2015
Selected food price watch data shows how the food prices are moving over the months and which item has higher movement.So it gives idea for food inflation.Selected food price watch data for December 2017 reflected that the average price of 1 dozen of Agric eggs medium size increased year-on-year by 12.40% and month-on-month by 6.76% to N494.43 in December 2017 from N463.11 in November 2017 while the average price of piece of Agric eggs medium size(price of one) increased year-on-year by 4.88% and month-on-month by 1.24% to N41.32 in December 2017 from N40.82 in November 2017.
Nigeria: Gross Domestic Product (Expenditure and Income)
In 2017, real GDP turned to positive growth in the second quarter and sustained its acceleration on a yearon-year basis. Annual real GDP growth rate in 2017 was recorded at 0.82%, signifying economic recovery when compared to –1.58% in 2016.
· Real Household Consumption and Government Consumption Expenditures generally declined in 2017 at –0.99% but improved compared to 2016 (-5.71%). Domestic demand was still weak.
· Net Exports grew significantly in real terms in 2017, which was mainly driven by the strong performance in the third quarter. However, this was slower than 2016 (22%).
· National Disposable Income declined by 1.52% in 2017, majorly due to the continuous decline in the largest component— Operating Surplus which recorded a negative annual growth rate, of –2.11%.
Nigeria: Summary of Foreign Trade
Download Report Table 1, 6 and 7
2018 Values under Parent "Imports Classified by Broad Economic Categories (BEC)" are YTD values (From 2018 Jan to 2018 Jun).
Data cited at: https://nigeria.opendataforafrica.org/NBSNCI2016The capital importation into Nigeria in 2017 Q3 recorded a substantial increase compared to the past few quarters, as the economy continued to recover from recession following its exit in Q2 2017.The total capital
imported in the third quarter was recorded at $4,145.1 million, more than double the inflow in the second quarter of this year, representing an increased value of 147.5% on a year on year basis. This inflow of capital in Q3 2017 is the first time since the beginning of 2015 that capital hit over $4,000 million in a quarter. The boom in capital importation in Q3 2017 was mainly driven by significant growth in both Portfolio Investment and Other Investment.
Data cited at: https://nigeria.opendataforafrica.org/xipucvg
Average price paid by consumers for premium motor spirit (petrol) decreased by -0.09 year-on-year and -0.9% month-on-month to N146.80 in July 2018 from N148.10 in June 2018.
States with the highest average price of premium motor spirit (petrol) were Borno (N155.00), Taraba (N151.82) & Bayelsa (N151.67).
States with the lowest average price of premium motor spirit (petrol) were Oyo (N144.72), KatsinaN144.06) & Gombe (N142.79).
Data cited at: https://nigeria.opendataforafrica.org/gvqxhx
The National Bureau of Statistics Publishes Internally Generated Revenue at State level for 2017 Fiscal Year.The full year 2017 state IGR figure hits N931.23bn compared to N831.19bn recorded in year 2016. This indicates a growth of 12.03% year on year. At the end of H2 2017, total revenue generated by states was put at N432.65bn as against N409.09bn in H1 2017. Thirty-one (31) States recorded growth in IGR while five (5) states which includes (Akwa Ibom , Anambra , Bauchi, Osun and Taraba) recorded a decline at the end of 2017 Fiscal Year.The net FAAC allocation in year 2017 is put at N1.73 trillion while the total revenue available to the states is put at N2.67 trillion. However, the value of foreign debt stands at $19.9bn while domestic debt hits N3.35 trillion at the end of 2017 full year respectively
Data cited at: https://nigeria.opendataforafrica.org/jlbfmme
A total volume of 509,668,433 transactions valued at N32.90trn were recorded in Q2 2018 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed. Automated Teller Machine (ATM) transactions dominated the volume of transactions recorded. 217,417,961 volume of ATM transactions valued at N1,603bln were recorded in Q2 2018. In terms of credit to private sector, the total value of credit allocated by the bank stood at N15.34trn as at Q2 2018. Oil & Gas and Manufacturing sectors got credit allocation of N3.45trn and N2.02trn to record the highest credit allocation as at the period under review. As at Q2, 2018, the total number of banks staffs increased by 13.67% QoQ from 89,608 in Q1 2018 to 101,861.
Data cited at: https://nigeria.opendataforafrica.org/xyzrrzd
The Transport fare watch report for July 2018 covers the following categories namely 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.
Average fare paid by commuters for bus journey within the city increased by 0.82% month-on-month and 30.36% year-on-year to N170.03 in July 2018 from N168.90 in June 2018. States with highest bus journey fare within city were Abuja FCT (N335.00), Cross River (N285.00) and Abia (N240.00) while States with lowest bus journey fare within city were Rivers (N110.00), Anambra (N92.00) and Bauchi (N90.00).
Average fare paid by commuters for bus journey intercity increased by 0.30% month-on-month and 14.81% year-on-year to N1,733.33 in July 2018 from N1,729.01 in June 2018. States with highest bus journey fare intercity were Abuja FCT (N4,200.00), Adamawa (N3,200.00) and Borno (N2,700.00) while States with lowest bus journey fare within city were Anambra(N1,150.00), Enugu (N1,090.00) and Bauchi (N1,060.00).
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