Nigeria Economy | |
Nigeria Economy | |
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PROSHARE |
Thursday, August 29,
2019 06:30 PM / NBS
The Federation Account Allocation Committee (FAAC) disbursed the sum of N762.6bn to the three tiers of government in July 2019 from the revenue generated in June 2019.
The amount disbursed comprised of N652.95bn from the Statutory Account, N108.63bn from Valued Added Tax (VAT) and N1.02bn exchange gain differences.
Federal Government received a total of N309.43bn from the N762.60bn. States received a total of N201.16bn and Local Governments received N151.38bn. The sum of N38.70bn 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 N4.90bn, N13.92bn and N4.10bn respectively as cost of revenue collections.
Further
breakdown of revenue allocation distribution to the Federal Government of
Nigeria (FGN) revealed that the sum of N250.71bn was disbursed to the FGN
consolidated revenue account; N5.58bn shared as share of derivation and
ecology; N2.79bn as stabilization fund; N9.37bn for the development of natural
resources; and N6.58 bn to the Federal Capital Territory (FCT) Abuja.
Click Here to Download July 2019 FAAC PDF Report
Latest 2019 NBS Reports
Q3 2019
1.
FAAC
Disburses N679.7bn in June 2019 - NBS
2.
N311.94bn Generated
As VAT in Q2 2019 - NBS
3.
Average Fare
Paid By Commuters For Intercity Journey Increased By 0.76% MoM in July 2019
4.
Average Prices of 1kg of Tomato Decreased YoY By -39.74%
to N203.55 in July 2019 - NBS
5.
Average Prices of PMS, AGO, HHK and Cooking Gas – July
2019
6.
Headline Inflation Increases By 11.08% YoY in July
2019; 0.14% Lower Than June 2019 Rate
7.
5.61bn Litres of PMS Imported into Nigeria in Q2 2019 -
NBS
8.
Average Fare Paid For Bus Journey Inter City
Increased By 0.17% MoM to N1,606.92 in June 2019 - NBS
9.
Average Price of 1kg of Tomatoes Decreased By -9.40%
MoM to N226.07 in June 2019 - NBS
10. Nigeria’s Total Public Debt Stood At N24.97trn in Q1
2019 - NBS
11.
Average Prices of PMS, AGO, HHK and Cooking Gas – June
2019
12. Headline Inflation Increases By 11.22% YoY in June
2019; 0.18% Lower Than May 2019 Rate
13. 1.01m Passport Applications Received in 2018 - NBS
14. FAAC Disburses N616.20bn in May 2019 - NBS
15. Total Value of Capital Importation into Nigeria Stood
at $8,485.49m in Q1 2019
Q2 2019
16. All Commodity Group Export Price Index Rose By 1.85%
In Q1 2019
17.
Average Price
of 1kg of Rice Increased By 1.07% MoM to N361.39 in May 2019 - NBS
18. Average
Prices of PMS, AGO, HHK and Cooking Gas – May 2019
19. Headline
Inflation Increases By 11.40% YoY in May 2019; 0.03% Higher Than April 2019
Rate
20. 8.57m Workers
Are Registered Under The Pension Scheme As At Q1 2019 - NBS
21. Nigeria’s
Merchandise Trade Grew Marginally By 2.50% QoQ in Q1 2019
22. Banking Sector Records 557.08m
Volume of Transactions in Q1 2019 - NBS
23. 723,995 Passengers Travelled
Via Rail in Q1 2019 - NBS
24. NBS Publishes Additional 11
States Nominal GDP From 2013 to 2017
25. N289.04bn Generated as VAT in Q1 2019 - NBS
26. 4.87bn Litres of PMS Imported in Q1 2019 - NBS
27. FAAC
Disburses N617.57bn in April 2019 - NBS
28. Average
Price of 1kg of Tomato Increased by 7.05% MoM to N257.25 in April 2019 - NBS
29. Average
Fare For Bus Journey Intercity Increased By 0.77% MoM to N1604.36 in April 2019
- NBS
30. Nigeria’s
GDP Grew By 2.01% YoY In Real Terms In Q1 2019
31. Headline
Inflation Increases By 11.37% YoY in April 2019; 0.12% Higher Than March 2019
Rate
32. Average
Prices of PMS, AGO, HHK and Cooking Gas – April 2019
33. N3.42m
Students Enrolled in Public Senior Secondary School in 2017 - NBS
34. N324.59bn
Generated as IGR in Q4 2018 - NBS
35. Akwa Ibom State Reports Highest Unemployment Rate of 37.7%
in Q3 2018 - NBS
36. 316,365kg of Drug Seized in 2018 -
NBS
37. Average Price of 1kg of Tomato
Decreased By 6.32% MoM to N240.29 in March 2019 - NBS
38. Average Fare Paid By Commuters
Intercity Increased By 2.85% MoM to N1,592.07 in March 2019 - NBS
39. Headline Inflation Increases By 11.25% YoY in March
2019; 0.06% Lower Than February 2019 Rate
40. Average Prices of PMS, AGO, HHK and Cooking Gas –
March 2019
41. FAAC Disburses N619.86bn in March 2019
42. Domestic Passenger Traffic Grew By 23.19% YoY in 2018
- NBS
43. Lagos State Has The Highest Debt Profile in 2018 -
NBS
44. 1.65m Applications Received By JAMB in 2018 - NBS
45. FAAC Disburses N660.37bn in February 2019
46. Nigeria Produced 55.81m Tonnes of Solid Minerals in
2018 - NBS
Q1 2019
47. 8.41m Workers Are Registered Under The Pension Scheme
As At Q42018 - NBS
48. Average Price of 1kg of Yam Tuber Decreased By -2.24%
MoM to N206.48 in February 2019 - NBS
49. All Region Terms of Trade Fell -2.78% Due to a Fall
in the Prices of Goods Traded in Africa - NBS
50. Average Fare Paid By Commuters Within City Increased
By 1.43% MoM to N177.57 in February 2019 - NBS
51. Headline Inflation Increases By 11.31% YoY in
February 2019; 0.06% Lower Than January 2019 Rate
52. Average Prices of PMS, AGO, HHK and Cooking Gas –
February 2019
53. Active Voice Subscribers Grew By 6.66% in Q4 2018 -
NBS
54. 2,532 Road Traffic Crashes Occurred in Q4 2018 - NBS
55. Total Trade Declined By 5.1% QoQ in Q4 2018; Rose By
42.9% YoY
56. GDP By Income and Expenditure Approach Q1 and Q2 2018
- Household Final Consumption Grew by 0.78%
57. 1.67m Customers Metered As At Q4 2018 - NBS
58. N298.01bn Generated as VAT in Q4 2018 - NBS
59. Total Value of Credit Allocated By Banks Stood At
N15.13trn As At Q4 2018 - NBS
60. Average Price of 1kg of Tomato Decreased By 2.39% YoY To
N265.49 in January 2019 - NBS
61. FAAC Disburses N649.19bn in January 2019
62. Average Intercity Bus Fare Decreased By -13.90% MoM
To N1,541.38 in January 2019
63. Headline Inflation Increases By 11.37% YoY in January
2019; 0.07% Lower Than December 2018 Rate
64. Average Prices of PMS, AGO, HHK and Cooking Gas –
January 2019
65. Total Value of Capital Importation into Nigeria Stood
at $16,812.47m in 2018 – NBS
66. Nigeria’s GDP Grew By 2.38% YoY in Real Terms in Q4
2018 and 1.93% in Full Year
67. 828,502 Employees Employed By 1,110 Registered
Private Guard Companies in 2018 - NBS
68. States Generate N264.38bn as IGR in Q3 2018 - NBS
69. NBS Publishes Drug Use in Nigeria 2018 Survey Report
70. FAAC Disburses N3.19trn To FG in 2018 - NBS
71.
FAAC Disburses N2.38trn To FG in 2017 - NBS
72. FAAC Disburses N812.76bn in December 2018 - NBS
73. Average Price of 1kg of Tomato Decreased By -7.76%
MoM To N294.36
74. Average Within City Bus Journey Fare Decreased By
-5.64% MoM To N181.61
75. Headline Inflation Increases By 11.44% YoY in
December 2018; 0.16% Higher Than November 2018 Rate
76. Average Prices of PMS, AGO, HHK and Cooking Gas –
December 2018