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

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
Labels:

Comments

Post a Comment

Popular posts from this blog

Nigeria's Inflation rate Drops By 0.06%

- 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 Stati...
Post a Comment
Continue reading

Nigeria Economy is recovering - IMF

Photo credit: gurdianng - According to the report of the IMF 2019  Article IV consultation with Nigeria, the Nigerian economy is recovering. - The Executive Board of the  International Monetary Fund (IMF) concluded Article IV consultation on March  27, 2019. The Executive board reports that - Real GDP increased by 1.9% in 2018, up from 0.8% in 2017 as a result improvements in manufacturing and services, supported by spillovers from higher oil prices, ongoing convergence in exchange rate and strides to improve business environment. - Headline inflation fell to 11.4% at the end of 2018 as a result of declining food price inflation, weak consumer demand, relatively stable exchange rate and tight no monetary policy during most of 2018, but remains outside the central bank's 6-9%. - Holdings of mostly short-term equity and local debt. - Current account surplus. - Gross international reserves got to its peak in April 2018. - However, the economy growth is...
Post a Comment
Continue reading

Support 2019-2023 national broadband plan - FG urges stakeholders

The Minister of Communications, Dr Adebayo Shittu, has urged stakeholders in the Information Communication Technology (ICT) sector to support the Nigerian National Broadband Council with credible suggestions toward the development of the Nigerian National Broadband Plan (NNBP) 2019–2023. shittu There is really a  need for sustainable broadband capacity that could drive the socio-economic activities of the country and also  improve quality of services. -This can be achieved if the national broadband plan is supported by stakeholders. -Th e Nigerian National Broadband Council was established to provide periodic evaluation of progress, faci litate coordination and collaboration, as well as highlight areas of programme adjustment to permit the realisation of emerging opportunities. Read more:  FG urges stakeholders to support 2019-2023 national broadband plan
Post a Comment
Continue reading