Nigeria Economy | |
Nigeria Economy | |
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PROSHARE | |
PROSHARE |
Thursday, August 29,
2019 06:00 AM / NBS
The Federation Account Allocation Committee (FAAC) disbursed the sum of N679.7bn to the three tiers of government in June 2019 from the revenue generated in May 2019.
The amount disbursed comprised of N571.73bn from the Statutory Account, N106.83bn from Valued Added Tax (VAT) and N1.41bn exchange gain differences.
Federal Government received a total of N284.16bn from the N679.70bn. States received a total of N187.61bn and Local Governments received N140.10bn. The sum of N40.44bn was shared among the oil producing states as 13% derivation fund.
Revenue generating agencies such as Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS) and Department of Petroleum Resources (DPR) received N5.55bn, N11.03bn and N5.92bn respectively as cost of revenue collections.
Further
breakdown of revenue allocation distribution to the Federal Government of
Nigeria (FGN) revealed that the sum of N227.44bn was disbursed to the FGN
consolidated revenue account; N5.10bn shared as share of derivation and
ecology; N2.55bn as stabilization fund; N8.57bn for the development of natural
resources; and N6.09bn to the Federal Capital Territory (FCT) Abuja.
Click Here to Download June 2019 FAAC PDF Report
Latest 2019 NBS Reports
Q3 2019
1.
N311.94bn
Generated As VAT in Q2 2019 - NBS
2.
Average Fare
Paid By Commuters For Intercity Journey Increased By 0.76% MoM in July 2019
3.
Average Prices
of 1kg of Tomato Decreased YoY By -39.74% to N203.55 in July 2019 - NBS
4.
Average Prices
of PMS, AGO, HHK and Cooking Gas – July 2019
5.
Headline
Inflation Increases By 11.08% YoY in July 2019; 0.14% Lower Than June 2019 Rate
6.
5.61bn Litres of
PMS Imported into Nigeria in Q2 2019 - NBS
7.
Average
Fare Paid For Bus Journey Inter City Increased By 0.17% MoM to N1,606.92 in
June 2019 - NBS
8.
Average
Price of 1kg of Tomatoes Decreased By -9.40% MoM to N226.07 in June 2019 - NBS
9.
Nigeria’s
Total Public Debt Stood At N24.97trn in Q1 2019 - NBS
10. Average Prices
of PMS, AGO, HHK and Cooking Gas – June 2019
11.
Headline Inflation Increases By 11.22% YoY in June
2019; 0.18% Lower Than May 2019 Rate
12. 1.01m Passport Applications Received in 2018 - NBS
13. FAAC Disburses N616.20bn in May 2019 - NBS
14. Total Value of Capital Importation into Nigeria Stood
at $8,485.49m in Q1 2019
Q2 2019
15. All Commodity Group Export Price Index Rose By 1.85%
In Q1 2019
16. Average Price
of 1kg of Rice Increased By 1.07% MoM to N361.39 in May 2019 - NBS
17.
Average
Prices of PMS, AGO, HHK and Cooking Gas – May 2019
18. Headline
Inflation Increases By 11.40% YoY in May 2019; 0.03% Higher Than April 2019
Rate
19. 8.57m Workers
Are Registered Under The Pension Scheme As At Q1 2019 - NBS
20. Nigeria’s
Merchandise Trade Grew Marginally By 2.50% QoQ in Q1 2019
21. Banking Sector Records 557.08m
Volume of Transactions in Q1 2019 - NBS
22. 723,995 Passengers Travelled
Via Rail in Q1 2019 - NBS
23. NBS Publishes Additional 11
States Nominal GDP From 2013 to 2017
24. N289.04bn Generated as VAT in Q1 2019 - NBS
25. 4.87bn Litres of PMS Imported in Q1 2019 - NBS
26. FAAC
Disburses N617.57bn in April 2019 - NBS
27. Average
Price of 1kg of Tomato Increased by 7.05% MoM to N257.25 in April 2019 - NBS
28. Average
Fare For Bus Journey Intercity Increased By 0.77% MoM to N1604.36 in April 2019
- NBS
29. Nigeria’s
GDP Grew By 2.01% YoY In Real Terms In Q1 2019
30. Headline
Inflation Increases By 11.37% YoY in April 2019; 0.12% Higher Than March 2019
Rate
31. Average
Prices of PMS, AGO, HHK and Cooking Gas – April 2019
32. N3.42m
Students Enrolled in Public Senior Secondary School in 2017 - NBS
33. N324.59bn
Generated as IGR in Q4 2018 - NBS
34. Akwa Ibom State Reports Highest Unemployment Rate of 37.7%
in Q3 2018 - NBS
35. 316,365kg of Drug Seized in 2018 -
NBS
36. Average Price of 1kg of Tomato
Decreased By 6.32% MoM to N240.29 in March 2019 - NBS
37. Average Fare Paid By Commuters
Intercity Increased By 2.85% MoM to N1,592.07 in March 2019 - NBS
38. Headline Inflation Increases By 11.25% YoY in March
2019; 0.06% Lower Than February 2019 Rate
39. Average Prices of PMS, AGO, HHK and Cooking Gas –
March 2019
40. FAAC Disburses N619.86bn in March 2019
41. Domestic Passenger Traffic Grew By 23.19% YoY in 2018
- NBS
42. Lagos State Has The Highest Debt Profile in 2018 -
NBS
43. 1.65m Applications Received By JAMB in 2018 - NBS
44. FAAC Disburses N660.37bn in February 2019
45. Nigeria Produced 55.81m Tonnes of Solid Minerals in
2018 - NBS
Q1 2019
46. 8.41m Workers Are Registered Under The Pension Scheme
As At Q42018 - NBS
47. Average Price of 1kg of Yam Tuber Decreased By -2.24%
MoM to N206.48 in February 2019 - NBS
48. All Region Terms of Trade Fell -2.78% Due to a Fall
in the Prices of Goods Traded in Africa - NBS
49. Average Fare Paid By Commuters Within City Increased
By 1.43% MoM to N177.57 in February 2019 - NBS
50. Headline Inflation Increases By 11.31% YoY in
February 2019; 0.06% Lower Than January 2019 Rate
51. Average Prices of PMS, AGO, HHK and Cooking Gas – February
2019
52. Active Voice Subscribers Grew By 6.66% in Q4 2018 -
NBS
53. 2,532 Road Traffic Crashes Occurred in Q4 2018 - NBS
54. Total Trade Declined By 5.1% QoQ in Q4 2018; Rose By
42.9% YoY
55. GDP By Income and Expenditure Approach Q1 and Q2 2018
- Household Final Consumption Grew by 0.78%
56. 1.67m Customers Metered As At Q4 2018 - NBS
57. N298.01bn Generated as VAT in Q4 2018 - NBS
58. Total Value of Credit Allocated By Banks Stood At N15.13trn
As At Q4 2018 - NBS
59. Average Price of 1kg of Tomato Decreased By 2.39% YoY To
N265.49 in January 2019 - NBS
60. FAAC Disburses N649.19bn in January 2019
61. Average Intercity Bus Fare Decreased By -13.90% MoM
To N1,541.38 in January 2019
62. Headline Inflation Increases By 11.37% YoY in January
2019; 0.07% Lower Than December 2018 Rate
63. Average Prices of PMS, AGO, HHK and Cooking Gas –
January 2019
64. Total Value of Capital Importation into Nigeria Stood
at $16,812.47m in 2018 – NBS
65. Nigeria’s GDP Grew By 2.38% YoY in Real Terms in Q4
2018 and 1.93% in Full Year
66. 828,502 Employees Employed By 1,110 Registered
Private Guard Companies in 2018 - NBS
67. States Generate N264.38bn as IGR in Q3 2018 - NBS
68. NBS Publishes Drug Use in Nigeria 2018 Survey Report
69. FAAC Disburses N3.19trn To FG in 2018 - NBS
70. FAAC Disburses N2.38trn To FG in 2017 - NBS
71.
FAAC Disburses N812.76bn in December 2018 - NBS
72. Average Price of 1kg of Tomato Decreased By -7.76%
MoM To N294.36
73. Average Within City Bus Journey Fare Decreased By
-5.64% MoM To N181.61
74. Headline Inflation Increases By 11.44% YoY in
December 2018; 0.16% Higher Than November 2018 Rate
75. Average Prices of PMS, AGO, HHK and Cooking Gas –
December 2018