Rivers internal revenue increases by 100 per cent in one year

Rivers internal revenue increases by 100 per cent in one year

The oil-rich Rivers State has recorded a more than 100 per cent jump in Internally Generated Revenue (IGR), Governor Siminalayi Fubara has said. Governor Fubara said this on Friday at a meeting with members of the House of Representatives Committee on Public Account in Port Harcourt,” Boniface Onyedi, senior special assistant to Mr Fubara, told … Read more

Gender Matters Across Nigeria (March Edition)

Gender Matters Across Nigeria (March Edition)

Dear Reader, The 8th of March, and, in fact, the whole of March, is set aside globally to celebrate International Women’s Day (IWD) and the Nigerian government took advantage to launch various initiatives aimed at inspiring inclusion as the theme for this year’s celebration dictates. With women’s labour force participation rate in Nigeria put at … Read more

Nigeria’s electricity customers rose to 12.1 million in Q4 2023

Nigeria’s electricity customers rose to 12.1 million in Q4 2023

The total number of electricity customers in Nigeria stood at 12.12 million in the fourth quarter of 2023, data from the National Bureau of Statistics (NBS) has shown. The bureau revealed this in its Nigeria electricity report detailing energy bills, revenue generated, and customers by DisCos (Q4 2023), which was published on Monday. “Total customer … Read more

Cooking gas price increased across Nigeria in February – NBS

Cooking gas price increased across Nigeria in February – NBS

The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N5,139.25 recorded in January 2023 to N6,154.50 in February 2024. NBS disclosed this in its “Cooking Gas Price Watch’’ for February 2024 released on Saturday in Abuja. The report said the February price represented a 19.75 per cent … Read more

Nigeria’s unemployment rate surges 5% in Q3 2023 – NBS

Nigeria’s unemployment rate surges 5% in Q3 2023 – NBS

Nigeria’s unemployment rate rose to 5 per cent in the third quarter of 2023, the National Bureau of Statistics has said. The bureau said this in its Nigeria Labour Force Survey (NLFS) report for Q3 2023 released on Monday. The NBS said the rate is an increase of 0.8 per cent from Q2 2023 (4.2 … Read more

Staple food items Nigerians can no longer afford

Staple food items Nigerians can no longer afford

In recent years, the prices of major staple foods in Nigeria have risen significantly. The situation became more complex after President Bola Tinubu announced the end of fuel subsidy payments during his inauguration as president on 29 May 2023. The upward trend in the prices of these staples as well as other products has weakened … Read more