National Bureau of Statistics × 1810 ×
Liquefied Petroleum Gas (Cooking Gas) Price Watch (November 2022)
Sector Statistics
Executive Summary The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 1.46% on a month-on-month basis from N4,483.75 recorded in October 2022 to N4,549.14 in November 2022. On a year-on-year basis, this rose by 37.34% from N…
National Household Kerosene Price Watch (November 2022)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in November 2022 on a month-on-month basis was N1,083.57, indicating an increase of 4.08% compared to N1,041.05 recorded in October 2022. On a year-on-year basis, the average retail…
Automotive Gas Oil (Diesel) Price Watch (November 2022)
Sector Statistics
Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers in November 2022 was N808.87 per litre. This shows an increase of 191.14% on a year-on-year basis from a lower cost of N277.83 per litre recorded in the corresponding month of last year (2…
Premium Motor Spirit (Petrol) Price Watch (November 2022)
Sector Statistics
Executive Summary The average retail price paid by consumers for Premium Motor Spirit (Petrol) for November 2022 was N202.48, indicating a 29.81% increase when compared to the value recorded in November 2021 (N167.60). Likewise, comparing the average price value with the previous…
Company Income Tax Q3 2022
Sector Statistics
Executive Summary On the aggregate, Company Income Tax (CIT) for Q3 2022 was reported at N810.19 billion, indicating a growth rate of 13.41% on a quarter-on-quarter basis from N714.40 billion in Q2 2022. Local payments received were N483.17 billion, while Foreign CIT Payment cont…
Value Added Tax (VAT) Q3 2022
Sector Statistics
Executive Summary On the aggregate, Value Added Tax (VAT) for Q3 2022 was reported at N625.39 billion, showing a growth rate of 4.21% on a quarter-on-quarter basis from N600.15 billion in Q2 2022. Local payments recorded were N367.93 billion, Foreign VAT Payments were N121.85 bil…
Transport Fare Watch (October 2022)
Sector Statistics
Executive Summary The Transport Fare Watch for October 2022 covers the following categories: bus journey within the city per drop constant route; bus journey intercity, state route, a charge per person; air fare charge for specified routes single journey; journey by motorcycle (O…
CPI and Inflation Report November 2022
CPI and Inflation
Executive Summary In November 2022, on a year-on- year basis, the headline inflation rate was 21.47%. This was 6.07% points higher compared to the rate recorded in November 2021, which was 15.40%. This means that in the month of November 2022, the general price level was 6.07% hi…
Foreign Trade in Goods Statistics (Q3 2022)
International Trade
Key Highlights In the third quarter of 2022, Total trade stood at N11,597.93 billion, this was lower than the value recorded in the second quarter of 2022 (N12,841.54 billion) but was higher than the value recorded in the corresponding period of 2021 which stood at N10,472.42 bil…
Selected Food Prices Watch (October 2022)
Sector Statistics
Executive Summary Selected Food Price Watch for October 2022 shows that the average price of 1kg onion bulb on a year-on-year basis, rose by 32.56% from the value recorded in October 2021 (N306.07) to N405.72 in October 2022. On a month-on-month basis, it increased to N405.72 in…
National Household Kerosene Price Watch (October 2022)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in October 2022 was N1,041.05, indicating an increase of 9.90% compared to N947.30 recorded in September 2022. On a year-on-year basis, the average retail price per litre of the pro…
Nigerian Gross Domestic Product Q3 2022
Gross Domestic Product
Overview Nigeria's Gross Domestic Product (GDP) grew by 2.25% (year-on-year) in real terms in the third quarter of 2022. This growth rate declined from 4.03% in the third quarter of 2021. The reduction in growth is attributable to the base effects of the recession and the challen…
Automotive Gas Oil (Diesel) Price Watch (October 2022)
Sector Statistics
Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers in October 2022 was N801.09 per litre, an increase of 215.30% from N254.07 per litre recorded in the corresponding month of the previous year. On a month-on-month basis, this increased by…
Premium Motor Spirit (Petrol) Price Watch (October 2022)
Sector Statistics
Executive Summary The average retail price paid by consumers for Premium Motor Spirit (Petrol) for October 2022 was N195.29, indicating a 17.93% increase when compared to the value recorded in October 2021 (N165.60). Likewise, comparing the average price value with the previous m…
Liquefied Petroleum Gas (Cooking Gas) Price Watch (October 2022)
Sector Statistics
Executive Summary The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 0.21% on a month-on-month basis from N4,474.48 recorded in September 2022 to N4,483.75 in October 2022. On a year-on-year basis, this rose by 70.62% from…
CPI and Inflation Report October 2022
CPI and Inflation
Executive Summary In October 2022, on a year-on-year basis, the headline inflation rate was 21.09%. This was 5.09% points higher compared to the rate recorded in October 2021, which was 15.99%. This shows that the general price level for the headline inflation rate increased in O…
Nigerian Gross Domestic Product Report (Expenditure and Income Approach) (Q1, Q2 2022)
Gross Domestic Product
Executive Summary In the first quarter of 2022, Nigeria real GDP at basic prices grew by 3.11% on a year-on-year basis showing a higher growth rate compared to the corresponding period of 2021. Growth of the Q2 of 2022 remained positive at 3.54%, though lower compared to the Q2 g…
Road Transport Data Q2 2022
Sector Statistics
Executive Summary The road transport statistics for Q2 2022 showed that a total of 3,282 road traffic crashes were recorded during the period, indicating a decrease of 1.88% from 3,345 in Q1 2022. On a year-on-year basis, traffic crashes grew by 3.05% from the same period of the…
Federation Account Allocation Committee (FAAC) (August 2022 Disbursement)
Business and Finance
Executive Summary The Federation Account Allocation Committee (FAAC) disbursed the sum of N1.26trn to the three tiers of government in August 2022 from the total revenue generated in July 2022. The amount disbursed comprised N1.07trn from the Statutory Account, and N190.26bn from…
Rail Transportation Data (Q1 & Q2 2022)
Sector Statistics
Executive Summary The rail transportation statistics in the first quarter of 2022 revealed that 953,099 passengers travelled via train relative to 424,460 reported in the corresponding quarter of 2021, representing a growth rate of 124.54%. In addition, 32,139 tons of goods were…
Search tips: words must all match · "exact phrase" · budget* for word beginnings · -word to exclude · OR between alternatives.