Tag: National Bureau of Statistics (NBS)

DisCos Raked In N247.3 Bn from Customers in 3 Months

Aliyu Aliyu

STATISTICS: NBS gives details of what Nigerians paid to 11 distribution companies between January and Match, 2023   The Electricity Distribution Companies (DisCos) collected revenue of N247.33 billion from consumers in the first quarter (Q1) of 2023, according to the National Bureau of Statistics (NBS). The DisCOs collected N232.32 billion in the preceding Q4 2022. The NBS Nigeria Electricity Report for Q1 2023 released in Abuja on Wednesday showed that on a year-on-year basis, revenue generated rose by 20.81 per cent from N204.74 billion recorded in Q1 2022. READ ALSO:…

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Nigeria’s Debt Skyrockets To N42.84trn

Abibat Babalola

Nigeria’s public debt stock has increased from N35.46 trillion (86.57 billion dollars) in the second quarter of 2021 to N42.84 trillion (103.31 billion dollars) in the corresponding period of 2022,according to National Bureau of Statistics (NBS) Nigerian Domestic and Foreign Debt Report released in Abuja on Wednesday. The agency stated that external debt stood at N13.71 trillion (33.46 billion dollars) in the second quarter of 2021 and increased to N16.61 trillion (40.06 billion dollars) in the second quarter of 2022. It also stated that domestic debt was N21.75 trillion (53.10…

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Kerosene Prices Skyrocket To N789.75 Per Litre

Abibat Babalola

Ekiti, Osun; list of states where prices of commodity have hit the roof Kerosene price rose N789.75 per litre in July, up 3.68 per cent month-on-month (MoM) on N761.69 in June, according to the latest report by the National Bureau of Statistics (NBS) which also shows the rising cost of cooking gas. NBS ‘Transport Fare Watch” for July 2022 listed states with the highest average price per litre to include Enugu (N1,003.68,), Ekiti (N989.58), and Osun (N949.12). States with the lowest average price per litre included Bayelsa (N643.06), Benue (N654.76),…

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