77.5m Persons Engaged in Some Sort of Economic Activities in Q3 2017 - NBS

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Monday, January 22, 2018 9.40AM/ NBS 

Key Highlights

·   Of a labor force of 85.08 million in Q3 2017, 77.55 million are engaged in some sort of economic activity for at least an hour a week, (8.46 million-1-19 hours; 18.02 million-20-39 hours; 51.06million-above 40 hours), while 7.53 million are doing absolutely nothing. (Note we classify those working less than 20 hours a week and those doing absolutely nothing as unemployed, while we classify those working 20-39 hours or doing jobs not commensurate with their qualifications and skills as underemployed). 

·   Out of 8.46 million persons that work within 1-19 hours a week, 1.83 million or 21.67% work for pay/ wage, 5.84 million or 69.03% are self-employed working in agriculture (4.18million or 49.44%) and non-agriculture related activities (1.65 million or 19.58%), 83,978 or 0.99% are paid apprentice and 703,240 or 8.31% are unpaid houseworkers.  

·  Under this working hours category, Agriculture with 59.02% or 5.01 million persons dominates followed by Trade (9.7%), Professional, Scientific and Technical Services (7.0%) 

·  Out of 18.02 million persons that work within 20-39 hours a week and classified as underemployed, 3.77 million or 20.96% work for pay/ wage, 11.60 million or 64.36% are self-employed working in agriculture (6.62million or 36.72%) and non-agriculture related activities (4.98 million or 27.64%), 231,671 or 1.28% are paid apprentice and 2.41 million or 13.39% are unpaid houseworkers. 

· Under this working hours category, Agriculture with 52.20% or 9.40 million persons dominates followed by Trade (13.2%), and Other services (7.0%)

·   Out of 51.06 million persons that work above 40 hours a week and classified as employed full time, 14.10 million or 27.62% work for pay/ wage, 33.80 million or 66.33% are self-employed working in agriculture (18.85 million or 36.92%) and non-agriculture related activities (15.01 million or 29.41%), 547,330 or 1.07% are paid apprentice and 2.54 million or 4.98% are unpaid houseworkers.

·       Under this working hours category, Agriculture with 44.9% or 22.94 million persons dominates followed by Trade (14.9%), Other services (8.5%) and Manufacturing (7.0%)

·       Of a total employed (full time employed and underemployed which is 20 and above working hours a week) of 69.09 million, 17.88million or 25.88% work for pay/ wage, 45.47 million or 65.82% are self-employed working in agriculture (25.47 million or 36.87%) and non-agriculture related activities (20.0 million or 28.95%), 779,002 or 1.13% are paid apprentice and 4.95 million or 7.17% are unpaid houseworkers. 

·   Employment in Nigeria (20 and above working hours) is therefore dominated by agriculture with 32.35 million persons or 46.8% of the total employed population of 69.09 million, followed by Trade with 10.01 million persons or 14.5%, Manufacturing with 4.92 million of 7.0%, Other Services with 5.59 million persons or 8.1%, Professional, Scientific and Technical Services with 4.34 million persons or 6.3%, Education with 2.52 million persons or 3.7% and transportation and storage with2.39 million or 3.5%. 

·    If we add those that work 1-19 hours and termed unemployed to the total employed population to increase the employed population from 69.09 million to 77.55 million, then 19.71 million or 25.42% work for pay/ wage, 51.3 million or 66.17% are self-employed working in agriculture (29.65 million or 38.24%) and non-agriculture related activities (21.65 million or 27.93%), 862,980 or 1.11% are paid apprentice and 5.65 million or 7.30% are unpaid houseworkers. 

·    Under the above scenario, Agriculture still dominates economic activity with 48.2% followed by Trade (14.0%), Other Services (7.9%) and Manufacturing (7%) 

·  Agricultural, Other Services, Professional, Scientific and Technical Services, Education, Transportation and Storage, Human Health and Social Services, Accommodation and Food Services, Arts Entertainment Creation and Administrative & Supportive Services presented higher shares of employment than the corresponding shares of nominal GDP in 2017 Q3 indicating that these activities were more labor intensive than other sectors. 

·  Mining and Quarrying, Information and Communication, and Real Estate contributed to sizable shares of nominal GDP (11.17%, 8.69%, and 7.52% respectively) in 2017 Q3 while they only provided limited employment (0.17%, 0.55%, and 0.09% respectively).  

·    More males worked full-time than female, while a higher percentage of female worked part-time between 20-39 hours and below 20 hours per week. The absolute number of male full-time workers (34.85 million) was more than twice the number of female full-time workers (16.21 million) in the third quarter of 2017. 

·   A larger percentage of males to females were self-employed in farming/agriculture work, while a larger percentage of females were self-employed in non-farming/agriculture work. Agriculture dominated both female and male labor markets. 

·     Most economic sectors including Agriculture, Other Services, Manufacturing, Professional, Scientific and Technical Services, Transportation and Storage, and Construction employed more male workers than female workers. 

·   Aggregated into the Agriculture, Industry, and Services sectors; 48.19% of total employment from agriculture sector, with services sector at 44.67%, fallowed by, service sector at 7.14%. 

·   Workers with higher educational backgrounds tended to work more hours per week and they were more likely to work for pay/wage. Over half of the labor population without formal education were engaged in self-employed farming/agriculture work. 

·    72.18% of workers without formal education (16.67 million) were working in the Agricultural sector. Workers with secondary school education presented the largest percentage working in the trade sector (18.27% of the educational group or 4.83 million workers), followed by workers with primary and below-primary education, of 16.75% of the education group or 2.62 million workers. 


Employment by Type of Engagement in Nigeria 
Among the 77.55 million labor population who were engaged in some extent of economic activity, 38.24% of them or 29.66 million were self-employed engaged in farming/agriculture, and 27,93% or 21.66 million were self-employed in non- farming/agriculture sectors. A total of 19.72 million were working for pay or wage, which was equivalent to 25.42% of the total workers in 2017 Q3. Paid apprentices and unpaid house workers constituted 7.30% and 1.11% of the total working force engaged for at last one hour a week.


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According to the survey outcomes, more than half of the total workers in Nigeria (51.06 million or 65.84% of total) worked full-time, or 40 hours per week. Among all the full-time workers, 18.86 million or 24.31% of total workers were engaged in self-employment farming/agriculture, 15.02 million or 19.36 of total were self-employed in non-farming/agriculture work, and 14.10 million or 25.42% of total are working for pay/wage. 23.25% and 10.91% of total workers were participating in 20-39 hours work per week and 1-19 hours work per week respectively. 

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Labor Distribution by Economic Sector

Employment by Economic Sector and Working Hours
The labor market in Nigeria was dominated by the Agriculture sector, followed by Trade, Other Services, Manufacturing, and Professional, Scientific and Technical Services. These five sectors attract 83.40% of the total workers in Nigeria, equivalent to 64.67 million workers. Likewise, these five sectors also employed the majority of full-time workers (82.12% or total full-time workers and 41.93 million in absolute number).

Until the third quarter of 2017, 48.19% of total workers in Nigeria were engaged in agricultural work, in which 29.59% of total workers worked full-time (40 hours per week), 12.13% worked 20-39 hours per week and 6.46% worked less than 20 hours per week. Trade, Other Services, and Manufacturing, and Professional, Scientific and Technical Services accounted for 13.97% (10.85 million), 7.89% (6.12 million), 6.89% (5.41 million), and 6.37% (4.94 million) of total working poulation respectively.

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Sectoral Employment vs. GDP composition
In 2017 Q3, 48.19% of employment were found in Agricultural sector, followed by 44.67% in Services. Only 7.14% of total workers were working in Industries.  (Note this includes those working at least an hour a week)

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In order to examine which sector was labor intensive by providing more shares of employment than the corresponding shares of production (GDP), the scatter plot below shows the distributions of share of employment and share of nominal GDP (2017 Q3) of different economic sectors. The grey reference line indicates positions where a sector’s share of employment equals its share of nominal GDP in 2017 Q3.

As the graph shows, sectors including Agricultural, Other Services, Professional, Scientific and Technical Services, Education, Transportation and Storage, Human Health and Social Services, Accommodation and Food Services, Arts Entertainment Creation and Administrative & Supportive Services had higher shares of employment than their shares of nominal GDP in 2017 Q3. Therefore, these sectors stated above can be considered relatively more labor- intensive than other sectors.

Two other leading economic sectors in Nigeria, Trade and Manufacturing, contributed to 17.96% and 8.55% of the third quarter’s nominal GDP and provided 13.97% and 9.98% of total employment. Sectors including Mining and Quarrying, Information and Communication, and Real Estate contributed to sizable shares of nominal GDP (11.17%, 8.69%, and 7.52% respectively) in 2017 Q3 while they only provided limited employment (0.17%, 0.55%, and 0.09% respectively).  

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Gender in Employment

Employment by Gender and Working Hour
Among the 77.55 million employed for at least an hour a week, in Nigeria in 2017 Q3, 49.19 million (63.56%) were male and 28.26 million (36.44%) were female. Most male and female workers were working full-time, although a larger percentage of male workers (70.70%) were full-time workers compared with the percentage of female workers who were full-time workers (57.37%). The absolute number of full-time male workers (34.85 million) was more than twice of the number of full-time female workers (16.21 million) in the third quarter of 2017.

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Employment by Gender and Type of Engagement
Male and female employments were similarly distributed across different types of work. Most female and male workers were engaged in farming/agriculture work and were self-employed, followed by non-farming/agriculture self-employment, and work for pay/wage.

However, a larger percentage of male workers were engaged in self-employed farming/agriculture than female, and a larger percentage of female workers were engaged in self-employed non-farming/agriculture work compared with the percentage of male engaged the same type of work.

Similar percentages of male and female are working for pay/wage although the absolute number of male workers are much higher than the number of female workers in this work category.

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Employment by Gender and Economic Sector
Most economic sectors including Agriculture, Other Services, Manufacturing, Professional, Scientific and Technical Services, Transportation and Storage, and Construction employed more male workers than female workers. Specifically, more than half of the male workers (55.03% or 27.13 million) and 36.24% of female workers (10.24 million) were engaged in agricultural activities. Construction sector was completely dominated by male workers, with 1.70 male workers and only 0.41 million female workers registered in the third quarter. The bar graph below shows the percentages of females and males in different working sectors. 

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The following color table presents numbers of females and males working at different sectors (disaggregated by working hours). Male and female workers show similar patterns of hour disaggregation in different economic sectors as most sectors employ more full-time workers than 20-39 hours workers and 1-19 hours workers. 

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Education in Employment

Employment by Education and Working Hour
Workers with no formal education, primary & below primary education, secondary education and postgraduate education accounted for 29.77%, 20.19%, 34.06% and 15.98% of the total working force. Most workers in each educational group were performing full-time work.  

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However, a much larger percentage of workers with postgraduate education are engaged in full- time jobs (72.64% in this educational group) than the proportions of workers in other educational groups who are engaged in full-time jobs. In fact, there is almost a positive relationship between the level of education workers had and the number of hours they work per week, or how likely they are working full-time.

The table below shows the percentage of workers working for different number of hours per week in each educational group. 

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Employment by Education and Work Type
Workers with different levels of educational background showed different preferences on the type of work they are performing in 2017 Q3. There appears to be a negative relationship between levels of education and the percentage of workers (within the sub-educational group) who were engaged in self-employed farming/agriculture work, and a positive relationship between levels of education and the percentage of workers within the sub-educational group who were working for pay/wage.

More than half of the workers (58.05% or 13.40 million) with no formal education were engaged in self-employed farming/agriculture work, and 21. 70% of those without formal education were self-employed in non-farming/agriculture work. Only 10.16% of workers without educational background were working for pay/wage. In contrast, only 18.21% of the total workers (2.26 million) who have post-secondary education were self-employed and working in farming/agriculture/agriculture.

More than 6.7 million workers with post-secondary education were working for pay/wage which accounted for 54.50% of the workers with post-secondary education. Quite differently, only 29.03% of workers with secondary education, 13.92% of those with primary and below-primary education, and 10.16% of those without formal education were working for pay/wage.

Workers with secondary education showed the highest percentage of whom self-employed in non-farming/agriculture activities (34.58% or 9.13 million), followed by workers with primary or below-primary education (30.49% or 4.77 million) and workers with post-secondary education (22.10% or 2.74%). Workers with no formal education presented the lowest percentage who are self-employed in non-farming/agriculture sectors (21.70% or 5.01 million). 

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Employment by Education and Economic Sector
Workers with different levels of education also showed distinct economic sector distributions. Workers with less education were more likely to work in agricultural sector. Specifically, 72.18% of workers without formal education (16.67 million) were engaged in agricultural work. This sector attracted 53.41% of workers with primary and below-primary education (8.36 million) and 36.09% of workers with secondary education (9.53 million). Only 22.65% of workers with post-secondary education were working in agricultural sector.


Likewise, workers with secondary education were also active in manufacturing sector, professional, scientific and technical services and other services. Specifically, 2.41 million workers with secondary education found employment in manufacturing, accounting for 9.13% of those with this specific educational level; 2.09 million workers with secondary education found employment in professional, scientific and technical services, accounting for 7.92% of those with this specific educational level; 2.43 million workers with secondary education found employment in other services, accounting for 9.21% of those with this specific educational level.  

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Latest 2018 NBS Reports

Q1 2018

  1. Average Fare Paid by Passengers for Water Transport Increased by 6.05% MoM to N631.55 in Dec 2017
  2. Average Price of 1kg of Yam Tuber Decreased by -3.67% YoY to N211.61 in December 2017 - NBS
  3. Headline Inflation Drops to 15.37% in December 2017; 0.53% Lower Than 15.90% November Rate
  4. Average Prices of PMS, AGO, HHK and Cooking Gas – December 2017
  5. Active Voice Subscribers Dropped by 8.73% in Q3 2017 – NBS
  6. Inequality in Nigeria Worsened Between 2004 and 2013 But Improved in 2016 – NBS
  7. FAAC Disburses N609.96bn in December 2017 – NBS

 

2017 NBS Reports

Q4 2017

  1. FAAC Disburses N532.76bn in November 2017 - NBS
  2. Unemployment Rate Rises to 18.8% in Q3 2017 from 16.2% in Q2 2017
  3. Average Intercity Bus Fare Increased by 14.78% MoM in November 2017
  4. Average Price of 1kg of Tomato Increased by 8.09% YoY in November 2017
  5. Average Prices of PMS, AGO, HHK and Cooking Gas – November 2017
  6. Headline Inflation Drops to 15.90% in November 2017; 0.01% Lower Than 15.91% October Rate
  7. Banking Sector Records 213.69m Volume of Transactions in Q3 2017 - NBS
  8. Nigeria’s Merchandise Trade Grew Marginally Q-on-Q But Significantly Y-on-Y in Q3 2017
  9. 2,478 Road Traffic Crashes Recorded in Q3 2017 - NBS
  10. States Generate N149.45bn as IGR in Q3 2017 - NBS
  11. Total Value of Capital Imported into Nigeria in Q3 2017 Estimated at $4,145.1m - NBS
  12. FAAC Disburses N558.08bn in October 2017 -NBS
  13. GDP Grew by 1.40% in Q3’17 from 0.72% in Q2’17; 2nd Consecutive Quarter of Positive Growth
  14. Average Motorcycle Fare per Drop Increased by 4.52% YoY in October 2017
  15. Average Prices of PMS, AGO, HHK and Cooking Gas – October 2017
  16. Headline Inflation Drops to 15.91% in October 2017, 0.07% Lower Than 15.98% September Rate
  17. Average Price of 1kg of Yam Tuber Increased by 10.22% YoY in October 20
  18. 596,792 Passengers Travelled Via the Rail System in Q2 2017 - NBS
  19. 7.71m Workers Are Registered Under the Pension Scheme as at Q3 2017 - NBS
  20. Daily Energy Generation Attained a Peak of 3,880MW in Q3 2017 - NBS
  21. FAAC Disburses N637.70bn in September 2017 - NBS
  22. GDP by Income and Expenditure Approach – Basic Price GDP Declined by 1.73% Real Term in Q4’16
  23. N246.30bn Generated as VAT in Q2 2017 - NBS
  24. Lagos State Has 7,396 Prison Inmates Population in 2016 - NBS
  25. Average Prices of PMS, AGO, HHK and Cooking Gas - September 2017
  26. Average Air Fare Increased by 31.31% YoY in September 2017
  27. Average Price of 1kg of Yam Tuber Increased by 28.65% YoY in September 2017
  28. CPI Drops to 15.98% in Sept 2017, 0.03% Lower Than 16.01% August Rate
  29. Multiple Indicator Cluster Survey 2016-17
  30. Pension Fund Asset under Management as at 31 December 2016 stood at N6,164.76bn - NBS
  31. 835.58m Crude Oil Processed from 1997 to 2014
  32. N701.85bn Gross Revenue Generated in July 2017

 

Q3 2017

  1. FAAC Disburses N467.85bn in August 2017 - NBS
  2. Lagos Accounted for 74.8% of International Passenger Traffic in Q2 2017
  3. Lagos State Has the Highest Foreign and Domestic Debts as at June 2017
  4. CPI Drops to 16.01% in August 2017, 0.04% Lower Than 16.05% July Rate
  5. Average Air Fare Increased by 32.75% YoY in August 2017
  6. Average Prices of PMS, AGO, HHK and Cooking Gas - August 2017
  7. Average Price of 1kg of Yam Tuber Increased by 53.98% YoY in August 2017
  8. Nigeria’s Merchandise Trade Grew Marginally QoQ but Significantly YoY in Q2 2017
  9. 2,287 Drug Abuse Convictions Secured in 2016 - NBS
  10. Average Price of 1kg of Tomato Increased YoY by 15.65% in July 2017 - NBS
  11. Average Prices of PMS, AGO, HHK and Cooking Gas - July 2017
  12. Average Intercity Fare Increased YoY by 27.49% in July 2017 - NBS
  13. CPI Drops to 16.05% in July 2017, 0.05% Lower Than 16.10% June Rate
  14. Total Value of Capital Imported into Nigeria in Q2 2017 Estimated at $1,792.3m - NBS
  15. FAAC Disburses N652.23bn in July 2017 - NBS
  16. Active Voice Subscribers Dropped by 6.67% in Q2 2017 – NBS
  17. Banking Sector Records 327.37m Volume of Transactions in Q2 2017 - NBS
  18. 870,397 Candidates Sat for NECO in June and July 2016
  19. 3,457 Nigerians Repatriated from Abroad in 2016 – NBS
  20. Corruption in Nigeria - Bribery as Experienced by the Population
  21. Nigeria Produced 656.8m Barrels of Crude Oil in 2016
  22. 2,503 Road Traffic Crashes Recorded in Q2 2017 - NBS
  23. Daily Energy Generation Attained a Peak of 4,079MW in Q2 2017 - NBS
  24. 7.59m Nigerians Are Registered Under the National Pension Scheme as at Q2’17 - NBS
  25. FAAC Disburses N462.36bn in June 2017 - NBS
  26. NBS Annual Abstract of Statistics 2016
  27. Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - June 2017
  28. Average Intercity Transport Fare Decreases to N1,559.68 in Jun’17 from N1,565 in May’17
  29. Average Price Of 1kg Of Yam Tuber Increased YoY by 32.84% in June 2017 -NBS
  30. CPI Drops to 16.10% in June 2017, 0.15% Lower Than 16.25% May Rate

 

Q2 2017

  1. FAAC Disburses N418.82bn in May 2017 - NBS
  2. GDP By Income and Expenditure Approach – Basic Price GDP Declines by 2.3% in Q3’16 - NBS
  3. Average Price Watch of PMS, AGO, HHK and Cooking Gas - May 2017
  4. Average Intercity Transport Fare Decreases to N1,5865. in May’17 from N1,587.04 in Apr’17
  5. Average Price Of 1kg Of Yam Tuber Increased YoY by 52.69% in May 2017 - NBS
  6. CPI Drops to 16.25% in May 2017, 0.99% Lower Than 17.24% April Rate
  7. N204.77bn Generated as VAT in Q1 2017 - NBS
  8. 125,790 Cases of Reported Offences Recorded in 2016 - NBS
  9. Labour Productivity Rose to N684.43 in 2016 - NBS
  10. Merchandise Trade Grew By 0.1% - Positive Trade Balance Due to Rising Exports & Falling Imports
  11. Unemployment Rate Rises to 14.2% in Q4’16 from 13.9% in Q3’16 - NBS
  12. Lagos Airport Accounted for 76.5% of International Passengers in Q1 2017 - NBS
  13. FAAC Disburses N496.39bn in April 2017 - NBS
  14. Banking Sector Records 304.31 mln Volume of Transaction in Q1 2017 - NBS
  15. Total Value of Capital Imported into Nigeria in Q1 2017 Estimated at $908.27m - NBS
  16. GDP Contracts by -0.52% in Q1’17 from -1.73% in Q4’16; 5th Consecutive Quarter of Contraction
  17. Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch – April 2017
  18. Average Intercity Transport Fare Increases to N1,587.04 in Apr’17 from N1,466.46 in Mar’17
  19. Average Prices of 1kg of Yam Tubber Increased by 42.45% YoY in April 2017
  20. CPI Drops to 17.24% in April 2017, 0.02% Lower Than 17.26% March Rate
  21. Lagos, Rivers Top IGR for Full Year 2016
  22. Telecoms Subscribers Dropped by 1.33% in Q1 2017 - NBS
  23. Nigeria Imports 4.05bn Litres of PMS in Q1 2017 - NBS
  24. Lagos State has the highest domestic and foreign debt profile in 2016 - NBS
  25. 2,556 Road Traffic Crashes Recorded in Q1 2017 - NBS
  26. FAAC Disburses N466.93bn in March 2017
  27. Daily Energy Generation Attained a Peak of 5,846 MW in Q1 2017 - NBS
  28. Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - March 2017
  29. Average Intercity Transport Fare Increases to N1,466.46 in Mar’17 from N1,411.87 in Feb’17
  30. Average Prices of 1kg of Yam Tubber Increased by 63.4% YoY in March 2017
  31. CPI Drops to 17.26% in March 2017, 0.52% Lower Than 17.78% February Rate
  32. 7.49m Nigerians Are Registered Under the National Pension Scheme As At Q1 2017 - NBS
  33. Lagos Airport Accounted for 69.1% of International Passengers in 2016 - NBS

 

Q1 2017

  1. 11,363 Road Traffic Crashes Recorded in 2016 - NBS
  2. FAAC Disburses N514.15bn in February 2017
  3. FAAC Disburses N430.16bn in January 2017
  4. Average Intercity Transport Fare Decreases to N1,411.87 in Feb’17 from N1430.63 in Jan’17
  5. Average Price of 1kg of Rice Increased by 68% YoY in February 2017
  6. Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - February 2017
  7. CPI Drops to 17.78% in February 2017, 0.94% Lower Than 18.72% January Rate
  8. Nigeria Produced 43.49m Tons of Solid Minerals in 2016 - NBS
  9. NIPOST Generates N8.84bn Revenue in 2016 - NBS
  10. Q4 2016 Merchandise Trade Intensity - Total Trade Grows by 6.5% in 2016
  11. Merchandise Trade Grows in Q4 2016 - Records First Quarterly Positive Trade Balance Since Q4 2015
  12. GDP Contracts by -1.30% in Q4 and -1.51% for Full Year 2016; Is Nigeria on Its Way Out of Recession?
  13. JAMB Received 11.7m Applications Between 2010 and 2016
  14. Average Kerosene Price Increases to N433.84 in Jan'17 from N231.85 in Dec'16
  15. Average Intracity Transport Fare Increases to N122 in Jan'17 from N84.29 in Dec'16
  16. Average Cooking Gas Price Increases to N2,567.56 in Jan’17 from N2,002.16 in Dec’16
  17. Average Diesel Price Increases to N240.52 in Jan’17 from N196.20 in Dec’16
  18. Average Petrol Price Increases to N148.7 in Jan'17 from N146.7 in Dec'16
  19. CPI Rises to 18.72% in January 2017, 0.17% Higher Than 18.55% December 2016 Rate
  20. GENCOs Issued Total Invoice of N331bn to DISCOs in 2016
  21. Nigeria Produced 5.79 mln Tonnes of Fish Between 2010 and 2015
  22. 4,296 Applications Were Received by NAFDAC for New Products Registration in 2016 - NBS
  23. 19,833 Vessels Berthed At Nigerian Ports Between 2013 and 2016 - NBS
  24. Total Value of Capital Imported into Nigeria in Q4 2016 Estimated at $1,548.88mln - NBS
  25. Telecoms Sector Contributes N1,399bn to GDP in Q3 2016 - NBS
  26. FAAC Disburses N426.88bn in December 2016 - NBS
  27. Banking Sector Records 910.18m Volume of Transaction in 2016 on Electronic Payment Channels - NBS
  28. Daily Energy Generation Attained a Peak of 3,859.59MW in Q4 2016 - NBS
  29. 10.8% of Nigeria's Total Working Population Are Registered Under The National Pension Scheme - NBS
  30. Nigeria Imports 4.83 bn Litres of PMS in Q4 2016 - NBS
  31. 72.53% of Nigeria’s Prison Population in 2015 were Un-sentenced - NBS
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