National Bureau of Statistics
The Federal Government has deducted over N415bn from state government allocations to service their external loans, according to findings by journalists. This was according to data from the Federation Account Allocation Committee Disbursement reports published by the National Bureau of Statistics. The deductions were made between 2019 and 2023 from the allocations given to state […]
China’s manufacturing and investment improved in the first two months of the year, while weakness in the property sector weighed on the economy, the National Bureau of Statistics said today. The report said industrial output rose 7 per cent from a year earlier in January-February, better than analysts had forecast. Spending on factories and equipment, […]
Despite billions of naira pumped into boosting Nigerian rice production, the cost of local rice has skyrocketed, with a kilogramme jumping a staggering 73.2% in just one year. This spike comes as a bitter pill for Nigerians who rely on it as a staple food, and throws into question the effectiveness of government efforts to […]
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