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 2017: Sustaining data production for policy and business decision-making

The start of a new year provides another opportunity to assess the progress we are making towards delivering on our statutory mandate as custodian of Nigeria’s official statistics and coordinator of the national statistical system. As the year unfolds, and policymakers implement policies to address various economic and social challenges across the country, National Bureau of Statistics is also renewing its commitment to providing accurate, reliable and timely data to support these efforts. READ MORE ....

NBS 2017

NATIONAL DATA ARCHIVE

NADA
NBS
GDP

In nominal terms, Other Services grew by 21.60% (year -onyear) in the Q4 2016


GDP

Year on year, Trade grew by 14.58% in the fourth quarter of 2016 in nominal terms.


GDP

The non-oil sector declined by -0.33% in real terms in the fourth quarter of 2016. This was 0.36% points lower than growth of 0.03% recorded in Q3 2016, and 3.46% points lower than the 3.14% growth recoded in Q4 2015.


GDP

During the period under review, Oil production was estimated at 1.90million barrels per day (mbpd). This was 0.27million barrels per day higher than production in the previous quarter


GDP

Nominal GDP growth of Manufacturing in the fourth Quarter of 2016 stood at 3.56% (year-on-year), 3.37% points lower than the 6.93% recorded in the corresponding period of 2015.


GDP

 The contribution of Education to nominal GDP in the fourth quarter of 2016 was 2.77%; up from 2.72% estimated in fourth quarter, 2015 and yet up from 2.43 % in third quarter, 2016.


GDP

In nominal terms, the Public Administration sector grew by 8.43% in Q4 2016, higher by 10.19% points from the corresponding quarter of 2015 and lower by 4.91% points relative to Q3 2016.


Capital Importation

For the first time on record, the sector to import the largest amount of capital was Servicing, which accounted for $130.98 million, or 20.24% of the total.


GDP

Agriculture is made up of four sub-activities: Crop Production, Livestock, Forestry and Fishing, although Crop Production is the largest, and accounted for 88% of the sector in the fourth quarter.


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KEY INDICATORS

  • Month-on-month 1.49 %

    Year-on-Year 17.78 %

    12 Month Avg. Chg17.0 %

    CPI - All.
    February 2017
  • Month-on-month 1.10 %

    Year-on-Year 16.0 %

    12 Month Avg. Chg16.44 %

    CPI - Core.
    February 2017
  • Month-on-month 1.99 %

    Year-on-Year 18.53 %

    12 Month Avg. Chg16.13 %

    CPI - Food.
    February 2017
  • By Expenditure -2.22 %

    Final Household Consumption -6.00 %

    Capital Formation2.58 %

    GDP.
    Q2 2016
  • Unemployment 13.9 %

    Underemployment 19.7 %

    Youth Unemp/Underemp45.65 %

    Unemployment/Underemployment.
    Q3 2016
  • Average PMS Price N149.8

    State with Highest Price Yobe (N177)

    State with Lowest PriceOsun (N144.7)

    Premium Motor Spirit.
    February 2017
Click on a state to access the respective information.

FEDERAL REPUBLIC OF NIGERIA

Nigeria, an African country on the Gulf of Guinea, is known for its natural landmarks and wildlife reserves. Safari destinations such as Cross River National Park and Yankari National Park showcase waterfalls, dense rainforest, savanna and rare primate habitats. One of its most recognizable sites is Zuma Rock, a 725m-tall monolith outside the capital of Abuja that�s pictured on the national currency.

Capital: Abuja
Dialing code: +234
President: Muhammadu Buhari
Currency: Nigerian naira
Population: 173.6 million (2013)
Official language: English

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