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Nigeria population figures not accurate-UNFPA

The United Nations Population Fund's (UNFPA) Assistant Representative in Nigeria, Osaretin Adonri, has said the Nigerian population figures are speculative, projected and not accurate. The country is long overdue for a census, which would dismiss the catalogue of speculative population figures.  The 2006 population census conducted puts Nigeria’s population at 140,003,542 while the National Bureau of Statistics (NBS) 2012 data estimated Nigeria’s population to be 166.2 million. “Nigeria needs a census for population accuracy and effective planning,” Adonri said.  According to the UNFPA 2019 State of the World Population report, Nigeria’s population has increased to 201 million, having grown at average rate of 2.6 per cent from 2010 to 2019. Credit: Financial Nigeria
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Oil prices fall as U.S. crude output hits 12m bpd

- U.S. commercial crude oil inventories rise by 3.7 million barrels to 454.5 million barrels Energy Information Administration (EIA).
-U.S. crude oil production reached 12 million bpd for the first time last week.
- America is the only country to ever reach 12 million bpd of production. 
- U.S. output will rise further and oil firms will export more oil to sell off surplus stocks- Analysts.

Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold supply and tighten global markets.







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