Fact checkers went to work Friday night to puncture some of the statistics quoted by Peter Obi, the vice-presidential candidate of the opposition Peoples Democratic Party at the live TV debate at the Transcorp Hilton Hotel in Abuja. In arguing that petrol subsidy that he estimated to be a trillion naira a year was a […]
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The Atiku Campaign Organisation has accused President Muhammadu Buhari of deliberately covering up unemployment figures to protect his re-election bid. In a statement on Thursday, the organisation accused the Buhari-led administration of deliberately not providing funds for the National Bureau of Statistics (NBS) to release the report which is long overdue. Yemi Kale, the statistician-general […]
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The National Bureau of Statistics, NBS, has released a report on the Consumer Price Index (CPI) for April, 2018. According to this report, inflation increased by 12.48 percent (year-on-year) in April 2018, this is 0.86 percent points less than the rate recorded in March 2018 (13.34) percent and represents the fifteenth consecutive disinflation since January […]
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The National Bureau of Statistics (NBS) says the net Federal Account Allocation Committee (FAAC) allocation to the 36 states in 2017 Fiscal Year stood at N1.73 trillion. The NBS stated this in “Internally Generated Revenue (IGR) at State Level for 2017 report’’ published on the bureau’s website. Meanwhile, the NBS stated that the full year […]
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Nigeria’s unemployment rate worsened from 16.2 percent in the second quarter of 2017 to 18.8 percent in the third quarter of the year, the National Bureau of Statistics said on Friday. The NBS said the number of people within the labour force who were unemployed increased from 13.6 million in the second quarter of the […]
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The National Bureau of Statistics (NBS) says inflation rate, measured by the Consumer Price Index (CPI), has further dropped from 15.98 recorded in September to 15.91 per cent in October. The NBS disclosed this in its “CPI Oct. 2017 Report’’ released on Wednesday in Abuja. The CPI, which measured inflation, increased by 15.91 per cent […]
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The National Bureau of Statistics (NBS), on Tuesday declared that Africa’s largest economy has officially exited recession. The Bureau who declared Nigeria’s worst recession in 29 years, said the west African country grew by 0.55 percent in GDP terms for Q2 2017. According to the Nigerian Gross Domestic Product report released by NBS on Monday, […]
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