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Internally Generated Revenue At State Level (2023)
Business and Finance
Executive Summary This report highlights the Internally Generated Revenue (IGR) in 2023 for the 36 States and the FCT. It has two (2) broad categories of revenues: i. Taxes ii. Ministries, Departments and Agencies (MDAs) revenue. • Taxes include PAYE, Direct assessment, Road…
Petroleum Products Distribution Statistics Full Year 2023
Sector Statistics
Key Highlights • In 2023, PMS truck out stood at 20.22 billion litres, indicating a 16.96% decrease relative to 24.35 billion litres recorded in 2022. • About 69.71 million litres of Household Kerosene (HHK) were locally produced in 2023 compared to 44.68 million litres…
Nigerian Gross Domestic Product Report (Expenditure and Income Approach) (Q3, Q4 2023)
Gross Domestic Product
Summary In the third quarter of 2023, Nigeria's real GDP at basic prices grew by 2.54% on a year-on-year basis, showing a higher growth rate compared to the corresponding quarter of 2022 which was 2.25%. Growth of Q4 of 2023 GDP remained positive at 3.46%, lower compared to the Q…
2023 Awareness and Perception of Intending and Returned Migrant on the Dangers of Irregular Migration
Migration
2023 Social Statistics Report
Demography and Social Statistics
Data source : National Bureau of Statistics Download Tables INFOGRAPHICS
Rail Transportation Data (Q4 2023)
Sector Statistics
Executive Summary In Q4 2023, a total of 672,198 passengers travelled via rail system relative to 1,337,108 reported in the corresponding quarter of 2022, indicating a growth rate of -49.73%. The volume of goods/cargos transported in Q4 2023 stood at 119,286 tons compared to 53,1…
Electricity Report Q4 2023
Sector Statistics
Executive Summary Total customer numbers in Q4 2023 stood at 12.12 million from 11.71 million in Q3 2023, showing an increase of 3.46%. On a year-on-year basis, customer numbers in Q4 2023 rose by 9.59% from 11.06 million reported in Q4 2022. Similarly, metered customers stood at…
Commodity Price Indices and Terms of Trade (Q4 2023)
International Trade
Key Highlights Between October and December 2023 (Jan 2018=100): The All-Commodity Group Import Index for Q4, 2023 on average increased by 0.79 per cent points. The increase can be attributed to the changes in import prices mainly in the price of "Mineral products", "Prepared foo…
Nigeria Domestic and Foreign Debt Q4 2023
Sector Statistics
Key Highlights Nigeria's public debt stock which includes external and domestic debt stood at N97.34 trillion (US$108.23 billion) in Q4 2023 from N87.91 trillion (US$ 114.35 billion) in Q3 2023, indicating a growth rate of 10.73% on a quarter-on-quarter basis. Total external debt…
Company Income Tax Q4 2023
Sector Statistics
Executive Summary On the aggregate, Company Income Tax (CIT) for Q4 2023 was reported at N1.13 trillion, indicating a growth rate of -35.40% on a quarter-on-quarter basis from N1.75 trillion in Q3 2023. Local payments received were N533.93 billion, while Foreign CIT Payment contr…
Value Added Tax (VAT) Q4 2023
Sector Statistics
Executive Summary On the aggregate, Value Added Tax (VAT) for Q4 2023 was reported at N1.20 trillion, showing a growth rate of 26.61% on a quarter-on-quarter basis from N948.07 billion in Q3 2023. Local payments recorded were N630.00 billion, Foreign VAT Payments were N326.27 bil…
Foreign Trade in Goods Statistics (Q4 2023)
International Trade
Key Highlights In the fourth quarter of 2023, Nigeria's total trade stood at N26,801.95 billion. Exports were valued at N12,693.62 billion while imports amounted to N14,108.33 billion. On an annual basis, total trade was N71,880.01 billion, of which imports amounted to N35,917.62…
Road Transport Data Q4 2023
Sector Statistics
Key Highlights The total number of road traffic crashes in Q4 2023 was 2,717, indicating a increase of 24.23% from the previous quarter (Q3) which recorded 2,187 and 33.12% decrease from 3,617 in Q4 2022. Of all crashes, serious cases stood top in Q4 2023 with 1,772 compared to f…
Telecoms Data: Active Voice and Internet per State, Porting and Tariff Information (Q4 2023)
Sector Statistics
Key Highlights The total number of active voice subscribers was 224,713,710 in Q4 2023 from 222,571,568 recorded in the corresponding quarter of 2022, indicating a growth rate of 0.96%. On a quarter-on-quarter basis, this rose by 1.32%. Also, in Q4 2023, the total number of activ…
Nigeria Gross Domestic Product Q4 2023
Gross Domestic Product
Executive Summary Nigeria's Gross Domestic Product (GDP) grew by 3.46% (year-on-year) in real terms in the fourth quarter of 2023. This growth rate is lower than the 3.52% recorded in the fourth quarter of 2022 and higher than the third quarter of 2023 growth of 2.54%. The perfor…
Petroleum Products Distribution Statistics Half Year 2023
Sector Statistics
Key Highlights In the first half of 2023, PMS truck out stood at 11.48 billion litres, indicating a 5.83% decrease when compared to 12.19 billion litres recorded in the first half of 2022. • In the first half of 2023, 26.07 million litres of Household Kerosene (HHK) were loc…
Nigeria Labour Force Survey Q3 2023
Labour
Key Highlights The labour force participation rate among the working-age population declined to 79.5% in Q3 2023 compared to 80.4% in Q2 2023. The employment-to-population ratio was 75.6% in Q3 2023 with a decrease of 1.5% compared to a ratio of Q2 2023. The combined rate of unem…
Nigeria Capital Importation Q4 2023
Business and Finance
Executive Summary In Q4 2023, total capital importation into Nigeria stood at US$1,088.48 million, slightly higher than US$1,060.73 million recorded in Q4 2022, indicating an increase of 2.62%. In comparison to the preceding quarter, capital importation rise by 66.27% from US$654…
Cost of Healthy Diet December 2023
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, used as a measure of physical and economic access to healthy diets. This is a lower bound (or floor) of the cos…
Cost of Healthy Diet November 2023
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, used as a measure of physical and economic access to healthy diets. This is a lower bound (or floor) of the cos…
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