Federal finance and statistics × National Bureau of Statistics ×
Liquefied Petroleum Gas (Cooking Gas) Price Watch (April 2024)
Sector Statistics
Executive Summary The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) declined by 1.06% on a month-on-month basis from N6,591.62 recorded in March 2024 to N6,521.58 in April 2024. On a year-on-year basis, this increased by 40.48% from N4…
National Household Kerosene Price Watch (April 2024)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in April 2024 was N1,439.64, show ing an increase of 6.29% compared to N1,354.40 recorded in March 2024. On a year-on-year basis, the average retail price per litre of the product r…
Automotive Gas Oil (Diesel) Price Watch (April 2024)
Sector Statistics
Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 68.01% on a year-on-year basis from a lower cost of N842.25 per liter recorded in the corresponding month of last year (i.e., April 2023) to a higher cost of N1415.06 per lite…
Premium Motor Spirit (Petrol) Price Watch (April 2024)
Sector Statistics
Executive Summary The average retail price paid by consumers for Premium Motor Spirit (Petrol) for the month of April 2024 was N701.24, indicating a 176.02% increase when compared to the value recorded in April 2023 (N254.06). Likewise, comparing the average price value with the…
CPI and Inflation Report April 2024
CPI and Inflation
Executive Summary In April 2024, the headline inflation rate increased to 33.69% relative to the March 2024 head line inflation rate which was 33.20%. Looking at the movement, the April 2024 headline infla tion rate showed an increase of 0.49% points when compared to the March 20…
Cost of Healthy Diet March 2024
Sector Statistics
Highlights The Cost of a Healthy Diet (CoHD) is the least expensive combination of locally available items that meets globally consistent food-based dietary guidelines. It is used as a measure of physical and economic access to healthy diets. This is a lower bound (or floor) of t…
Selected Food Prices Watch (March 2024)
Sector Statistics
Executive Summary Selected Food Price Watch for March 2024 shows that the average price of 1kg Rice local sold loose stood at N1,340.74. This indicates a rise of 152.93% in price on a year-on-year basis from N530.08 recorded in March 2023 and 9.63% rise in price on a month-on-mon…
Transport Fare Watch (March 2024)
Sector Statistics
Executive Summary Transport Fare Watch for March 2024 covers the following categories: 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) pe…
Liquefied Petroleum Gas (Cooking Gas) Price Watch (March 2024)
Sector Statistics
Executive Summary The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 7.10% on a month-on-month basis from N6,154.50 recorded in February 2024 to N6,591.62 in March 2024. On a year-on-year basis, this increased by 42.97% fro…
National Household Kerosene Price Watch (March 2024)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in March 2024 was N1,354.40, showing an increase of 1.00% compared to N1,340.94 recorded in February 2024. On a year-on-year basis, the average retail price per litre of the product…
Automotive Gas Oil (Diesel) Price Watch (March 2024)
Sector Statistics
Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 59.51% on a year-on-year basis from a lower cost of N840.81 per litre recorded in the corresponding month of last year (i.e., March 2023) to a higher cost of N1341.16 per litr…
Premium Motor Spirit (Petrol) Price Watch (March 2024)
Sector Statistics
Executive Summary The average retail price paid by consumers for Premium Motor Spirit (Petrol) for the month of March 2024 was N696.79, indicating a 163.65% increase when compared to the value recorded in March 2023 (N264.29). Likewise, comparing the average price value with the…
CPI and Inflation Report March 2024
CPI and Inflation
Executive Summary In March 2024, the headline inflation rate increased to 33.20% relative to the February 2024 headline inflation rate which was 31.70%. Looking at the movement, the March 2024 headline inflation rate showed an increase of 1.50% points when compared to the Februar…
Cost of Healthy Diet February 2024
Sector Statistics
Highlight The Cost of a Healthy Diet (CoHD) is the least expensive combination of locally available items that meets globally consistent food-based dietary guidelines. It is used as a measure of physical and economic access to healthy diets. This is a lower bound (or floor) of th…
Transport Fare Watch (February 2024)
Sector Statistics
Executive Summary Transport Fare Watch for February 2024 covers the following categories: 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)…
Liquefied Petroleum Gas (Cooking Gas) Price Watch (February 2024)
Sector Statistics
Executive Summary The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 19.75% on a month-on-month basis from N5,139.25 recorded in January 2023 to N6,154.50 in February 2024. On a year-on-year basis, this increased by 33.78%…
Selected Food Prices Watch (February 2024)
Sector Statistics
Executive Summary Selected Food Price Watch for February 2024 shows that the average price of 1kg Rice local sold loose stood at N1,222.97. This indicates a rise of 134.81% in price on a year-on-year basis from N520.84 recorded in February 2023 and a 19.69% rise in price on a mon…
National Household Kerosene Price Watch (February 2024)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in February 2024 was N1,340.94, showing an increase of 0.86% compared to N1,329.53 recorded in January 2024. On a year-on-year basis, the average retail price per litre of the produ…
Automotive Gas Oil (Diesel) Price Watch (February 2024)
Sector Statistics
Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 50.20% on a year-on-year basis from a lower cost of N836.91 per litre recorded in the corresponding month of last year (i.e., February 2023) to a higher cost of N1,257.06 per…
Federation Account Allocation Committee (FAAC) (February 2024 Disbursement)
Business and Finance
Key Highlights The Federation Account Allocation Committee (FAAC) disbursed the sum of N2.07 trillion to the three tiers of government in February 2024 from the total revenue generated in January 2024. The amount disbursed comprised: N1.15 trillion recorded from the Statutory Acc…
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