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
-The central bank of Nigeria (CBN) on Tuesday placed foreign exchange restrictions on importers of textiles and clothing materials in the country with immediate effect. Emefiele - The CBN governor, Mr. Godwin Emefiele announced on Tuesday at the apex bank headquaters in Abuja, during a textile industry stake holders meeting. - A measure to discourage smuggling . and to revive the textile and clothing industry back to its enviable place where it created jobs for Nigerians and boosted the economy. -Also established a financial support programme for the textile manufacturers with the provision of funds at single digit interest rate; to enable them retool and upgrade their factories in order to produce high quality textile materials for local and export market. -The Bank has begun discussion with Kano and Kaduna state governments to establish textile industrial areas in a bid to guarantee stable electricity in those industrial areas. -The Bank, as part of its anchor...