The National Bureau of Statistics (NBS) on Tuesday reported that Household Consumption contributed the largest share to Nigeria’s Gross Domestic Product (GDP) in the first half of last year The latest report of the agency titled ‘Nigerian Gross Domestic Report (Expenditure Income Approach Q1 and Q2, 2018’ indicated that the sector accounted for 59.67 percent […]
For the second time in less than 90 days, alleged discrepancies in the Nigerian National Petroleum Corporation’s (NNPC’s) revenue report stalled the Federation Account Allocation Committee (FAAC) meeting yesterday in Abuja. Following the deadlock at the meeting, the state commissioners of Finance left Abuja without any decision on the revenue receipts submitted by NNPC, making […]
The National Bureau of Statistics (NBS), has reported credit to the private sector by banks in the first quarter of this year, totaled N15.60 trillion. The Bureau gave this hint in its Selected Banking Sector Data for First quarter, 2018, posted on its website last weekend. According to the official statistics producing agency, of the […]
The Lagos State Government at the weekend disclosed that it had paid N9.3 billion to 2,466 pensioners in the state between May 2017 and March 2018, adding that issues affecting retirees in the state will continue to be prioritized. The Commissioner for Establishment, Training and Pensions, Dr Akintola Benson-Oke, who gave these figures at the […]