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Nigeria’s Unemployment Rate Drops To 4.1% In Q1 2023

….as NBS adopts global methodology for survey The National Bureau of Statistics (NBS), the coordinating agency for Nigeria’s statistical system, reported on Thursday that the nation’s unemployment rate remarkably dropped from 33.1% reported in March 2021 to 4.1% for the first quarter of 2023. The statistics agency attributed the huge drop in the unemployment rate […]

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Diesel Price Up 187.69% In January, Hits N900/Litre In Bauchi

The National Bureau of Statistics (NBS), Nigeria’s national statistics coordinating agency, on Tuesday reported that the average retail price of Automotive Gas Oil (also known as Diesel) paid by consumers in January 2023 was N828.82 per litre. The average retail price of the commodity in the month under review represented an increase of 187.69% from […]

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NBS Flags Off Enhanced Nigeria Labour Force, Living Standards Surveys

The National Bureau of Statistics (NBS) at the weekend disclosed that it had commenced the Nigeria Labour Force Survey (NLFS) and Nigeria Living Standards Survey (NLSS) exercise nationwide and solicited the public support for the surveys. The Statistician-General of the Federation/NBS’ CEO, Prince Adeyemi Adeniran, who disclosed this during the National Sensitisation workshop for the […]

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133Mn Nigerians Poor, Ondo Records Lowest Poverty Rate – NBS

The National Bureau of Statistics (NBS), the agency responsible for national statistical system coordination in Nigeria, on Thursday reported that 133 million Nigerians, representing 63 percent of the 216 million Nigerians were multidimensionally poor, despite sustained efforts by the governments to alleviate poverty in the country. The Bureau gave this figures in the ‘2022 Nigeria […]