Skip to main content

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
Post a Comment

Nigeria's Inflation rate Drops By 0.06%

Image result for nbs nigeria


- Nigeria's inflation rate has dropped by a margin of 0.06 per cent from 11.31 per cent in February to 11.25 per cent in March.
- The Consumer price Index (CPI) which measures inflation drops to 11.25 per cent (year-on-year) in March; 0.06 per cent points lower than the 11.31 per cent recorded in February 2019.
- On a month-on-month basis, the CPI increased by 0.79 per cent in March; 0.06 per cent points higher that 0.73 per cent recorded in February.
- Urban inflation rate increased by 11.54 per cent year-on-year in March 2019 from 11.59 per cent recorded in February. Rural inflation rate increased by 10.99 per cent in March from 11.05 per cent in February.
-Urban index rose by 0.81 per cent in March, up by 0.05 per cent points from 0.76 per cent in February. Rural index rose by 0.77 per cent in March by 0.06 per cent points from 0.71 per cent in February.
-Food index rose by 13.45 per cent in march compared to 13.47 per cent in February.

-The National Bureau of Statistics (NBS)  released on Tuesday.
 The NBS said rise in food index was caused by increase in prices of bread and cereals, meat, fish,potatoes,yam and other tubers, oils and fats, soft drinks, vegetables and fruits.
-Prices were highest in Kebbi (14.65 per cent) while lowest in Delta (9.61 per cent) headline year on year inflation.
- Prices was highest in Kogi (1.91 per cent), lowest in Enugu (0.13 per cent) on na month on month basis.

Labels:

Comments

Post a Comment

Popular posts from this blog

CBN intervenes in Retail SMIS with $279.13m, CNY 46.92m

The Central Bank of Nigeria (CBN) has again made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign Exchange market totaling $279.13 million and CNY 46.92.   Figures of the sales consummated on Friday, February 8, 2019 revealed that the sum of $279,128,518.66 was injected to meet requests of customers in the agricultural, airlines, petroleum products and raw materials and machinery sectors.   The Bank’s Director, Corporate Communications Department, Isaac Okorafor also confirmed that the sum of CNY46,924,114.04 was for payment of Renminbi-denominated Letters of Credit for agriculture as well as raw materials.   Friday’s transaction was in addition to the $210 million injected into the Wholesale, Small and Medium Enterprises, and Invisibles segments of the market on Tuesday, February 5, 2019.   While expressing the satisfaction of the Bank’s management at the stability in the different segments of the foreign exchange market...
Post a Comment
Continue reading

Bank cashiers charged with stealing over GH¢270,000

Two cashiers of the the Multi credit financial savings and Loans, Ejisu branch, Ghana appeared before a Kumasi Circuit court on Wednesday, for allegedly stealing a complete sum of GH¢274,355.50, belonging to customers. The cashiers, Rita Asieduwaa 33, and Mercy Nketia 30, had misappropriated cash sums of GH¢223,127.80 and GH ¢51,227.70 respectively, in respect of the ‘susu’ and savings debts of their customers. A routine audit check performed by the management in January into the records and transactions between October, 2016, and December, 2018, found revealed that Asieduwaa did not credit customers with the deposits they made, while Nketia, a field cashier refused to hand over monies accumulated from customers to the office, to be credited into customers account. The two cashiers however pleaded not guilty to the charges and were granted bail totalling GH¢330,000.00, with 3 sureties. The court ordered them to reappear on May 29, 2019.  Source: myjoyonline...
Post a Comment
Continue reading

ELECTION 2019: Voters not getting money from vote transactions

Pulse.ng This election seem to be different in a kind of way as some voters are grumbling because money has not been exchanging hands as usual. Could this be a kudos to the recession and an anti-corruption drive?  There seem to be less money for palm-greasing this time around. Good news that buying of votes and corruption that have long been part of the political game in Nigeria is gradually coming to an end. Read more:  Nigeria's voters ask: where's the money?
Post a Comment
Continue reading