Tag: Expenditure

NBS: Nigerian households spent N2tn on fuel and electricity in 2019, N2.59tn on transport, others

Ayo Olowo

Data from the National Bureau of Statistics (NBS), has shown that households in Nigeria spent a total of N2.02tn on fuel and electricity in 2019. The NBS said in a new report on consumption expenditure pattern that household expenditure on fuel/light accounted for 11.57 per cent of the total non-food consumption expenditure in 2019. Households […]

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FG gives details of savings and expenditure as it releases N1.248trn for capital projects

Eben Tanimola

The Minister of Finance, Mrs Kemi Adeosun, addressed State House correspondents after the Federal Executive Council meeting, presided over by President Muhammadu Buhari, on Wednesday, said the Federal Government has released N1.248 trillion for capital projects. The minister also said the government had saved N68 billion on personnel cost in 2017. This brings the aggregate […]

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