National Bureau of Statistics × 1980 ×
Federation Account Allocation Committee (FAAC) (August 2023 Disbursement)
Business and Finance
Key Highlights The Federation Account Allocation Committee (FAAC) disbursed the sum of N1.80 trillion to the three tiers of government in August 2023 from the total revenue generated in July 2023. The amount disbursed comprised: N1.15 trillion recorded from the Statutory Account,…
Federation Account Allocation Committee (FAAC) (July 2023 Disbursement)
Business and Finance
Key Highlights The Federation Account Allocation Committee (FAAC) disbursed the sum of N1.89 trillion to the three tiers of government in July 2023 from the total revenue generated in June 2023. The amount disbursed comprised: 11 trillion recorded from the Statutory Account, 39 b…
Selected Food Prices Watch (September 2023)
Sector Statistics
Executive Summary Selected Food Price Watch for September 2023 shows that the average price of 1kg of Beef boneless stood at N2,816.91. This indicates 28.08% rise in price on a year-on-year basis from N2,199.37 recorded in September 2022 and 0.62% rise in price on a month-on-mont…
Transport Fare Watch (September 2023)
Sector Statistics
Executive Summary Transport Fare Watch for September 2023 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 (September 2023)
Sector Statistics
Executive Summary The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 1.81% on a month-on-month basis from N4,115.32 recorded in August 2023 to N4,189.96 in September 2023. On a year-on-year basis, this declined by 6.36% fro…
National Household Kerosene Price Watch (September 2023)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in September 2023 was N1,299.03, indicating an increase of 2.09% compared to N1,272.40 recorded in August 2023. On a year-on-year basis, the average retail price per litre of the pr…
Automotive Gas Oil (Diesel) Price Watch (September 2023)
Sector Statistics
Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 12.77% on a year-on-year basis from a lower cost of N789.90 per litre recorded in the corresponding month of last year to a higher cost of N890.80 per litre in September 2023.…
Premium Motor Spirit (Petrol) Price Watch (September 2023)
Sector Statistics
Executive Summary The average retail price paid by consumers for Premium Motor Spirit (Petrol) for the month of September 2023 was N626.21, indicating a 226.75% increase when compared to the value recorded in September 2022 (N191.65). Likewise, comparing the average price value w…
CPI and Inflation Report September 2023
CPI and Inflation
Summary In September 2023, the headline inflation rate increased to 26.72% relative to the August 2023 headline inflation rate which was 25.80%. Looking at the movement, the September 2023 headline inflation rate showed an increase of 0.92% points when compared to the August 2023…
Nigeria Capital Importation Q2 2023
Business and Finance
Key Highlights In Q2 2023, total capital importation into Nigeria stood at US$1,030.21 million, lower than US$1,535.35 million recorded in Q2 2022, indicating a decrease of 32.90%. When compared to the preceding quarter, capital importation fell by 9.04% from US$1,132.65 million…
Road Transport Data Q2 2023
Sector Statistics
Key Highlights The total number of road traffic crashes in Q2 2023 was 2,967, indicating an increase of 8.56% from the previous quarter which recorded 2,733 and a 9.60% fall from 3,282 in Q2 2022. • Of all crashes, serious cases stood top in Q2 2023 with 1919 compared to fat…
Federation Account Allocation Committee (FAAC) (June 2023 Disbursement)
Business and Finance
Key Highlights 1. The Federation Account Allocation Committee (FAAC) total disbursement for June, 2023 was sum of N1,134.03 trillion to the three tiers of government from the total revenue generated in May, 2023. 2. The amount disbursed accumulated from, N701.79 billion recorded…
Road Transport Data Q1 2023
Sector Statistics
Key Highlights • The total number of road traffic crashes in Q1 2023 was 2,733, indicating a decrease of 24.44% from the previous quarter which recorded 3,617 and an 18.30% fall from 3,345 in Q1 2022. • Of all crashes, serious cases stood top in Q1 2023 with 1,801 compa…
Transport Fare Watch (August 2023)
Sector Statistics
Executive Summary Transport Fare Watch for August 2023 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) p…
Federation Account Allocation Committee (FAAC) (May 2023 Disbursement)
Business and Finance
Key Highlights 1.The Federation Account Allocation Committee (FAAC) total disbursement for the month of May, 2023 was sum of N976.34 billion to the three tiers of government from the total revenue generated in April, 2023. 2. The amount disbursed accumulated from, N480.78 billion…
Selected Food Prices Watch (August 2023)
Sector Statistics
Executive Summary Selected Food Price Watch for August 2023 shows that the average price of 1kg of Beef boneless stood at N2,799.51. This indicates 30.75% rise in price on a year-on-year basis from N2,141.18 recorded in August 2022 and 1.50% rise in price on a month-on-month basi…
Liquefied Petroleum Gas (Cooking Gas) Price Watch (August 2023)
Sector Statistics
Executive Summary The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 1.04% on a month-on-month basis from N4,072.87 recorded in July 2023 to N4,115.32 in August 2023. On a year-on-year basis, this contracted by 7.66% from N…
National Household Kerosene Price Watch (August 2023)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in August 2023 was N1,272.40, indicating an increase of 0.92% compared to N1,260.81 recorded in July 2023. On a year-on-year basis, the average retail price per litre of the product…
Commodity Price Indices and Terms of Trade (Q2 2023)
International Trade
Highlights The All-Commodity Group Import Index for Q2 2023 on average increased by 0.14 per cent points. The increase can be attributed to the changes in import prices mainly in the price of "Base metals and articles of base metals", "Products of the chemical and allied industri…
Premium Motor Spirit (Petrol) Price Watch (August 2023)
Sector Statistics
Executive Summary The average retail price paid by consumers for Premium Motor Spirit (Petrol) for the month of August 2023 was N626.70, indicating a 230.78% increase when compared to the value recorded in August 2022 (N189.46). Likewise, comparing the average price value with th…
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