demo1_1

Webinar - Role Of Data In The Repositioning Of Agribusiness For Economic Growth And Development

read more
demo1_1

Leveraging Data to Drive Inclusive Policy, Revenue Generation and Improved Governance

read more
demo1_1

NBS commences the second Quality and Integrity of Public Services Survey in Nigeria

read more
demo1_1

Statistician General of the Federation Dr Yemi Kale among the 16 Public Officers for the BusinessDay 2018 Public service awards

read more
demo1_1

NBS Wins Merit Award As Agency Of The Year

read more
demo1_1
demo1_1
demo1_1
demo1_1
....
Key Statistics
Latest Reports
image

Federal Account Allocation Committee (FAAC) October 2020 Disbursement
(Federal Account Allocation Committee)

image

Nigerian Gross Domestic Product - Expenditure and Income Approach Q1-Q4 2019, Q1-Q2 2020
(GDP Quarterly Reports)

image

Company Income Tax by Sectors (2015 - Q3 2020)
(Financial)

image

Selected Food Prices Watch (October 2020)
(Agriculture)

image

Nigerian Gross Domestic Product Report (Q3 2020)
(GDP Quarterly Reports)

image

Transport Fare Watch (October 2020)
(Transport)

image

National Household Kerosene Price Watch (October 2020)
(Petroleum )

image

Liquefied Petroleum Gas (Cooking Gas) Price Watch (October 2020)
(Petroleum )

image

Automotive Gas Oil (Diesel) Price Watch (October 2020)
(Petroleum )

image

Premium Motor Spirit (Petrol) Price Watch (October 2020)
(Petroleum )

Do you know?

In the second quarter of 2020, the nominal year on year growth rate of Trade stood at –14.95%. This indicates a decrease of –17.97% points when compared to the rate in the second quarter of 2019, and –14.67% points lower than the previous quarter growth rate of –0.27%.

GDP

In nominal terms, Other Services declined by –13.40% (year-on-year) in Q2 2020. This growth rate is lower than the 5.92% growth rate recorded in the same quarter of the previous year and 3.71% in Q1 2020 by –19.32% points and –17.11% points respectively.

GDP

Nominal GDP growth of the Manufacturing sector in the second quarter of 2020 was recorded at –0.14% (year-on-year), or -37.92% points lower than figures recorded in the corresponding period of 2019 (37.79%) and –28.61% points lower than the preceding quarter’s figure of 28.47%. Quarter on Quarter growth of the sector was recorded at –13.31%.

GDP

In nominal terms, the Public Administration sector grew by 4.02% in Q2 2020, higher by 4.24% points from the corresponding quarter of 2019, and 10.35% points relative to Q1 2020. Quarter-on-Quarter, the sector grew by 34.28%.

GDP

Nominal growth In the Education sector in the second quarter of 2020 was –22.09% (year-on-year), down by –33.18% points from the corresponding quarter of 2019, and by –29.12% points when compared to Q1 2020

GDP

In real terms, the agricultural sector grew by 1.58% (year-on-year) in the second quarter of 2020, a decrease of –0.21% points from the corresponding period of 2019, and –0.62% points from the preceding quarter.

GDP

The non-oil sector declined by –6.05% in real terms during the reference quarter (Q2 2020). It was the first decline in real non-oil GDP growth rate since Q3 2017. The recorded growth rate was –7.70% points lower compared to the rate recorded during the same quarter of 2019, and –7.60% points compared to the first quarter of 2020

GDP

In the second quarter of 2020, an average daily oil production of 1.81 million barrels per day (mbpd) was recorded. This was -0.21mbpd lower than the daily average production of 2.02mbpd recorded in the same quarter of 2019, and –0.26mbpd lower than the first quarter 2020 production volume of 2.07mbpd

GDP

The total value of capital importation into Nigeria stood at $5,820.21m in the second quarter of 2019. This represents a decrease of -31.41% compared to Q1 2019 and +5.56% increase compared to the second quarter of 2018.
The largest amount of capital importation by type was received through Portfolio investment, which accounted for 73.76% ($4,292.89m) of total capital importation, followed by Other Investment, which accounted for 22.41% ($1,304.43m) of total capital imported and Foreign Direct Investment (FDI), which accounted for 3.83% ($222.89m) of total capital imported in Q2 2019.

Capital Importation
TOTAL REVENUE AVALABLE TO STATES IN 2019
Key Indicators
Portals and Apps
NBS Office
Subscribe
coat of arm

Copyright (c) 2020 National Bureau of Statistics.  Terms of Use