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NBS commences the second Quality and Integrity of Public Services Survey in Nigeria

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Statistician General of the Federation Dr Yemi Kale among the 16 Public Officers for the BusinessDay 2018 Public service awards

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NBS Wins Merit Award As Agency Of The Year

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Key Statistics
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Liquefied Petroleum Gas (Cooking Gas) Price Watch (SEPTEMBER 2019)
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National Household Kerosene Price Watch (SEPTEMBER 2019)
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Automotive Gas Oil (Diesel) Price Watch (SEPTEMBER 2019)
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Nigerian Gross Domestic Product Report (Expenditure and Income Approach) (Q3, Q4 2018 & Q1 2019)
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CPI and Inflation Report September 2019
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Internally Generated Revenue At State Level Q1 & Q2 2019
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Commodity Price Indices and Terms of Trade (Q2 2019)
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Selected Banking Sector Data (Q2 2019)
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Federation Account Allocation Committee (FAAC) (AUGUST 2019 Disbursement)
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Do you know?

In the second quarter of 2019, the nominal year on year growth rate of Trade sector stood at 3.03%. This indicates an increase of 3.04% points when compared to the growth rate of –0.01% in the second  quarter of 2018, but –1.79% points lower than the preceding quarter growth rate of 4.82%.

GDP

In nominal terms, Other Services grew by 5.92% (year-on-year) in Q2 2019. This growth rate is higher than the 4.96% growth rate recorded in the same quarter of the previous year but lower than the 6.38% in Q1 2019. Quarter on Quarter growth was –21.58%. 

GDP

Nominal GDP growth of the Manufacturing sector in the  second quarter of 2019 was recorded at 37.79% (year-on-year), 18.27% points higher than figures recorded in the corresponding period of 2018 (19.52%) and 1.34% points higher than the preceding quarter figure of 36.45%. Quarter on Quarter growth of the sector stood at 11.53%.

GDP

In nominal terms, the Public Administration sector grew by –0.22% in Q2 2019, or 2.92% points higher than the corresponding quarter of 2018 and 10.62% points higher than in Q1 2019. Quarter-on-Quarter, the sector grew by 20.92%. 

GDP

Nominal growth in the Education sector during the second quarter of 2019 was 11.09% (year-on-year), up by 6.58% points from the growth of 4.52% reported in the corresponding quarter of 2018, and up by 1.45% points when compared to Q1 2019 growth rate of 9.64%. 

GDP

The agricultural sector, in the second quarter of 2019, grew by 1.79% (year-on-year) in real terms, an increase of 0.60% points from the corresponding period of 2018, but a decrease of –1.38% points from the preceding quarter which recorded a growth rate of 3.17%.

GDP

The non-oil sector grew by 1.64% in real terms during the reference quarter.  This was –0.40% points lower than recorded in the same quarter of 2018, and -0.83% point lower than the first quarter of 2019. 

GDP

In Q2 2019, Nigeria recorded average daily oil production of 1.98million barrels per day (mbpd), or 7.6% higher than the daily average production of 1.84mbpd recorded in the same quarter of 2018 but slightly less than output recorded in Q1 2019 (1.99mbpd-revised from 1.96 mbpd). 

GDP

The total value of capital importation into Nigeria stood at $5,820.21m in the second quarter of 2019. This represents a decrease of -31.41% compared to Q1 2019 and +5.56% increase compared to the second quarter of 2018.
The largest amount of capital importation by type was received through Portfolio investment, which accounted for 73.76% ($4,292.89m) of total capital importation, followed by Other Investment, which accounted for 22.41% ($1,304.43m) of total capital imported and Foreign Direct Investment (FDI), which accounted for 3.83% ($222.89m) of total capital imported in Q2 2019.

Capital Importation
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