National Bureau of Statistics × 1960 ×
Federation Account Allocation Committee (FAAC) (January 2023 Disbursement)
Business and Finance
Executive Summary The Federation Account Allocation Committee (FAAC) disbursed the sum of N1.44trn to the three tiers of government in January 2023 from the total revenue generated in December 2022. The amount disbursed comprised N1.14trn from the Statutory Account, N24.84bn from…
Rail Transportation Data (Q1 2023)
Sector Statistics
Executive Summary The rail transportation data for Q1 2023 showed that a total of 441,725 passengers travelled via the rail system in Q1 2023, lower than the 953,099 reported in the corresponding quarter of 2022, representing a growth rate of -53.65%. In addition, 59,966 tons of…
Value Added Tax (VAT) Q1 2023
Sector Statistics
Executive Summary On the aggregate, Value Added Tax (VAT) for Q1 2023 was reported at N709.59 billion, showing a growth rate of 1.75% on a quarter-on-quarter basis from N697.38 billion in Q4 2022. Local payments recorded were N436.10 billion, Foreign VAT Payments were N151.13 bil…
Company Income Tax Q1 2023
Sector Statistics
Executive Summary On the aggregate, Company Income Tax (CIT) for Q1 2023 was reported at N469.01 billion, indicating a growth rate of -37.79% on a quarter-on-quarter basis from N753.88 billion in Q4 2022. Local payments received were N300.78 billion, while Foreign CIT Payment con…
Transport Fare Watch (April 2023)
Sector Statistics
Executive Summary Transport Fare Watch for April 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) pe…
National Identity Registration Statistics 2023
Sector Statistics
Executive Summary This report presents data on the total number of registrations and National Identity Numbers issued by the National Identity Management Commission during the period between 2019 and 2021. The data is presented by gender, state where the registration and identity…
Foreign Trade in Goods Statistics (Q1 2023)
International Trade
Key Highlights NIGERIA TOTAL MERCHANDISE TRADE IMPROVED SLIGHTLY IN Q1, 2023 DUE TO A MARGINAL INCREASE IN IMPORT AND EXPORT TRADE RESULTING IN A POSITIVE TRADE BALANCE In the first quarter of 2023, Nigeria's total trade stood at N12,046.92 billion of which total exports stood at…
Selected Food Prices Watch (April 2023)
Sector Statistics
Executive Summary Selected Food Price Watch for April 2023 shows that the average price of 1kg of Beef boneless stood at N2,495.69 in April 2023. This indicates a 23.13% rise in price on a year-on-year basis, from N2,026.85 recorded in April 2022 and a 0.65% rise in price on a mo…
Liquefied Petroleum Gas (Cooking Gas) Price Watch (April 2023)
Sector Statistics
Executive Summary The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 0.69% on a month-on-month basis from N4,610.48 recorded in March 2023 to N4,642.27 in April 2023. On a year-on-year basis, this rose by 22.15% from N3,800…
National Household Kerosene Price Watch (April 2023)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in April 2023 was N1,160.67, indicating an increase of 1.59% compared to N1,142.46 recorded in March 2023. On a year-on year basis, the average retail price per litre of the product…
Nigeria Gross Domestic Product Q1 2023
Gross Domestic Product
Overview Gross Domestic Product (GDP) grew by 2.31% (year-on-year) in real terms in the first quarter of 2023. This growth rate declined from 3.11% recorded in the first quarter of 2022, and 3.52% in the fourth quarter of 2022. The reduction in growth is attributed to the adverse…
Automotive Gas Oil (Diesel) Price Watch (April 2023)
Sector Statistics
Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers in April 2023 was N842.25 per litre, an increase of 28.69% from N654.46 per litre recorded in the corresponding month of the previous year. On a month-on-month basis, this increased by 0.1…
Premium Motor Spirit (Petrol) Price Watch (April 2023)
Sector Statistics
Executive Summary The average retail price paid by consumers for Premium Motor Spirit (Petrol) in April 2023 was N254.06, indicating an increase of 47.18% relative to the value recorded in April 2022 (N172.61). Likewise, comparing the average price value with the previous month (…
Selected Food Prices Watch (March 2023)
Sector Statistics
Executive Summary Selected Food Price Watch for March 2023 shows that the average price of 1kg of Beef (boneless) stood at N2,479.61 in March 2023. This indicates a rise in price by 25.05% on a year-on-year basis from the price recorded in March 2022 (N1,982.92) and a 1.38% rise…
CPI and Inflation Report April 2023
CPI and Inflation
Consumer Price Index In April 2023, the headline inflation rate rose to 22.22% relative to March 2023 headline inflation rate which was 22.04%. Looking at the movement, the April 2023 inflation rate showed an increase of 0.18% points when compared to March 2023 headline inflation…
Transport Fare Watch (March 2023)
Sector Statistics
Executive Summary Transport Fare Watch for March 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) pe…
Liquefied Petroleum Gas (Cooking Gas) Price Watch (March 2023)
Sector Statistics
Executive Summary The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 0.22% on a month-on-month basis from N4,600.57 recorded in February 2023 to N4,610.48 in March 2023. On a year-on-year basis, this rose by 22.03% from N3,…
Automotive Gas Oil (Diesel) Price Watch (March 2023)
Sector Statistics
Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 55.90% on a year-on-year basis from a lower cost of N539.32 per litre recorded in the corresponding month of last year to a higher cost of N836.81 per litre in March 2023. On…
National Household Kerosene Price Watch (March 2023)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in March 2023 was N1,142.46, indicating a decline of 2.68% compared to N1,173.89 recorded in February 2023. On a year-on-year basis, the average retail price per litre of the produc…
Premium Motor Spirit (Petrol) Price Watch (March 2023)
Sector Statistics
Executive Summary The average retail price paid by consumers for Premium Motor Spirit (Petrol) in March 2023 was N264.29, indicating an increase of 42.63% relative to the value recorded in March 2022 (N185.30). Likewise, comparing the average price value with the previous month (…
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