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

Business Development Officer

A leading investment is urgently recruiting for a Business Development Officer (Trustee) JOB RESPONSIBILITIES  Hands –on understanding and experience of Trust Business, Trust Transactions & its target Market  Developing business development channels for Trust Products and Services  Manage sales, client relations and business development of Trust Products and Services  Perform sales and marketing activities in relation to business development to establish new clients and business opportunities Promoting and Marketing MTL Brand and Services  Volume of accounts opened and Inflow received QUALIFICATION • LLB, BL • Master degree/ ACIS an added advantage • Good knowledge of laws regulating operations of businesses in the country; particularly the Financial Service sector and Trust business. Qualified candidates should send their CV to resumes Apply Here using the job position as the subject of the mail Courtesy: job connect.
Post a Comment
Continue reading

We'll produce 65.4 million litres petrol per day

- Dangote refinery, the world's largest single-train refinery with a capacity of 650,000 barrels per day  is expected to produce 65.4million litres of petrol, diesel, aviation fuel and kerosene daily when it begins operation. - The refinery located in Lagos aims to transform Nigeria from a petrol-import dependent country to an export of refined petroleum products. - Dangote Industries Limited, through the project will provide thousands of jobs, skills transfer and technology acquisition opportunities in the country. - The company is also constructing the largest fertilizer plant in West Africa that will produce 3million tonnes of urea per year; with an investment of $2.0bn, covering 500 hectares of land. - Dangote fertilizer would guarantee a substantial savings of foreign exchange in Africa and provide farmers with urea to enhance production of food. All these means massive employment generation and development of the Nigerian economy. Source: punchng
Post a Comment
Continue reading