Domestic Production of Energy in 2015 Stood at 8986 Peta Joules - NBS

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Saturday, September 25, 2021 06:00 AM / by NBS/ Header Image Credit:  NBS


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Executive Summary 

The performance of the economy is measured using Gross Domestic Product (GDP). It accounts for all output generated within the borders of a country. Nevertheless, the GDP is limited in accounting for environmental losses in the course of undertaking economic activities. The System of Environmental Economic Accounting (SEEA) is a statistical system that provides the platform for measuring the contribution of the environment to the economy and the impact of economic activities on the environment.

 

The Nigerian Energy Accounting Framework is divided into 12 ISIC Industries and 16 energy products. In 2015, the total energy supplied from the environment stood at 16,423 Petajoules, with 7,437 PJs extracted as natural energy input from the environment. A total of 4,253 PJs of residuals flowed back into the environment. Of the residuals, non-renewable waste recorded 477.5 PJs while renewable waste stood at 325.8 PJs. Moreover, a total of 9,917 PJs of energy was supplied into the economy with crude oil as the highest.

 

Domestic production of energy in 2015 stood at 8986 PJs covering agriculture and forestry; mining; manufacturing; electricity, gas, steam and air conditioning supply; water supply, sewerage, waste management and remediation. In terms of consumption, 2216.8 PJs of energy products were used as intermediate consumption across the sectors while household consumption of energy stood at 1,977 PJs. In summary, total energy used was 7925.9 PJs in agriculture, mining, manufacturing, electricity, water supply, construction, transportation, public administration, extra-territorial grounds, services, inventories and exports.

 

Background 

The System of Environmental Economic Accounting (SEEA) is a statistical system that brings together economic and environmental information into a common framework to measure the contribution of the environment to the economy and the impact of the economy on the environment. However, the SEEA was adopted by UN Statistical Commission in 2012 as an international standard in measuring environmental- economic accounting. The SEEA-Central Framework (SEEA-CF) has a similar accounting structure as the System of National Accounts (SNA) based on the similar definition, concepts and classifications.

 

The Nigerian energy sector is a critical one, as government revenue depends highly on the oil and gas sector of the economy. However, inadequate electricity supply has also had its implications on the environment, and ultimately Nigeria's performance on the Sustainable Development Goals (SDGs) which the SEEA Energy seeks to measure, monitor and evaluate amongst others. The reference year for the Nigerian Energy framework presented in this report is 2015.


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Nevertheless, the service industry comprises of (1) accommodation and food services; (2) human health and social welfare; (3) education and (4) trade.

 

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Other indicators for this account were derived upon the final results:

  • Environmental related
  • Energy related
  • Energy use per capita/Gross Domestic Product (GDP)
  • Supply efficiency
  • Related to the Sustainable Development Goals (SDGs)

 

Domestic Production of Energy 

During the reference year (2015), the total energy supplied from the environment stood at 16,423 Petajoules, while 7,437 PJs was extracted as natural input from the environment. However, a total of 4,253 PJs of residuals flowed back into the environment in the same period under study. In terms of extraction of natural inputs, a total of 7,437.42 PJs was extracted from the environment.  This covers fossil non-renewable, natural timber resources, solar based renewable, wind based renewable, hydro based renewable and cultivated biomass. Extraction of fossil non-renewable stood at 6,052.92 PJ, the largest product extracted while wind-based renewables recorded the smallest energy extracted at 6.1 PJs.

 

Table 1: Extraction of Natural Energy Input from the Environment

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Non-renewable waste recorded 477.5 PJs while renewable waste stood at 325.8 PJs, third in ranking of a total residual flow of 4253.0 Pjs.

 

Table 2: Flows of Residuals back to the Environment

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A total of 9,917 PJs of energy was supplied into the economy. This includes the 16 products mention earlier.  The top five (5) include crude oil recorded at 4459.6 PJs as the highest, followed by 1589.6 PJs of natural gas (methane). Wood waste, other biomass stood at 1326.4 PJs, charcoal was 994.3 PJs and motor gasoline stood at 624.8 Pjs. 


Yet, 931 PJs of energy products were imported into the country as well as 5,708 PJs exported. In terms of sectoral domestic energy production, Mining produced 6,053 PJs (67.36%), which stood as the highest. This was followed by Agriculture and forestry, produced at 2270 PJs (25.26%) domestic energy. The least domestic energy produced was 35 PJs by water, waste management and remediation sector.

 

Table 3: Domestic Production of Energy 

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Click Here to Download The Compilation and Application of Environmentally Extended-Supply and use Tables (EE-SUTs) on Energy 2015 PDF Report


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Latest 2021 NBS Reports


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 Q3 2021

1.      All Region Group Export Index Increased by 0.72% in Q2 2021 - NBS

2.     Average Price of 1 Piece of Egg Increased by 24.37% MoM in August 2021 - NBS

3.     Average Fare Paid for Bus Journey Increased by 4.98% MoM in August 2021 - NBS

4.     Average Prices of PMS, AGO, HHK and Cooking Gas - August 2021

5.     Headline Inflation Increases by 17.01% YoY in August 2021, 0.37% Lower Than July 2021 Rate - NBS

6.     635 Movies Produced in Q2 2021 - NBS

7.     563,385 Passengers Travelled Via Rail in Q2 2021 - NBS

8.     Merchandise Trade Grew Stronger in Q2 2021 Due to Sharp Increase in Export

9.     Average Prices of 1kg of Tomato Increased YoY by 36.45% to N414.83

10.  Average Fare Paid by Commuters for Intercity Journey Increased by 0.81% MoM in July 2021 - NBS

11.   Nigeria's Real GDP Grew by 5.01% YoY in Q2 2021 from 0.51% in Q1 2021

12.  Average Prices of PMS, AGO, HHK and Cooking Gas - July 2021

13.  Headline Inflation Increases by 17.38% YoY in July 2021, 0.37% Lower Than June 2021 Rate - NBS

14.  N472.07bn Generated as Company Income Tax in Q2 2021, Increases by 17.42% YoY - NBS

15.  N512.25bn Generated as VAT in Q2 2021, Increases by 3.20% QoQ - NBS

16.  Total Value of Capital Imported into Nigeria in Q2 2021 Declined by 54% QoQ - NBS

17.  Average Fare Paid for Bus Journey Increased by 2.80% MoM in June 2021 - NBS

18.  Average Price of 1kg of Tomato Increased by 13.92% YoY in June 2021 - NBS

19.  Average Prices of PMS, AGO, HHK and Cooking Gas - June 2021

20. Headline Inflation Increases by 17.75% YoY in June 2021, 0.18% Lower Than May 2021 Rate - NBS

 

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Q2 2021

1.      All Commodity Group Import Index Increased by 0.82% in Q1 2021 - NBS

2.     424,460 Passengers Travelled Via Rail in Q1 2021 - NBS

3.     37.67% of Nigeria's Total Public Debt Was External as of Q1 2021 - NBS

4.     Average Price of 1kg of Rice Increased by 0.65% MoM to N544.09 in May 2021

5.     Average Fare Paid by Passengers for Water Transport Increased by 0.99% MoM to N828.35 in May 2021

6.     Average Prices of PMS, AGO, HHK and Cooking Gas - May 2021

7.     Headline Inflation Increases by 17.93% YoY In May 2021, 0.19% Lower Than April 2021 Rate - NBS

8.     FAAC Disburses N640.31bn in February 2021 - NBS

9.     Active Voice Subscribers Declined by -5.96% QoQ in Q1 2021 - NBS

10.  Nigeria's Merchandise Trade Deficit Deepens in Q1 2021 Due to Rising Imports

11.   Average Prices of 1kg of Tomato Increased by 0.09% YoY in April 2021 - NBS

12.  Average Fare Paid by Commuters for Intercity Bus Journey Increased by 1.48% MoM in April 2021 - NBS

13.  Nigeria's Real GDP Grew by 0.51% YoY in Q1 2021 - NBS

14.  Average Prices of PMS, AGO, HHK and Cooking Gas - April 2021

15.  Headline Inflation Increases by 18.12% YoY In April 2021, 0.05% Lower Than March 2021 Rate - NBS

16.  416 Movies Produced in Q1 2021 - NBS

17.  N392.77bn Generated as CIT in Q1 2021 - NBS

18.  N496.39bn Generated as VAT in Q1 2021 - NBS

19.  Banking Sector Records 3.46bn Volume of Transaction in Q4 2020 - NBS

20. Average Price of 1kg of Tomato Decreased by -0.64% MoM in March 2021 - NBS

21.  Average Fare for Bus Journey Within City Increased by 4.42% MoM in March 2021 - NBS

22. N1.31trn Generated as IGR in 2020 - NBS

23. Headline Inflation Increases by 18.17% YoY In March 2021, 0.82% Higher Than February 2021 Rate - NBS

24. Average Prices of PMS, AGO, HHK and Cooking Gas - March 2021

25. Real Household Consumption Expenditure Growth Rate Stood at 0.18% in 2020 - NBS

26. All Commodity Group Import Index Grew By 0.13% in Q4 2020 - NBS

27. 38.60% of Nigeria's Total Public Debt Was External in Q4 2020 - NBS

 

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Q1 2021

28. Average Price of 1kg of Tomato Increased by 11.33% YoY in February 2021 - NBS

29. Average Fare Paid by Commuters for Intercity Journey Increased by 1.13% MoM in February 2021 - NBS

30. FAAC Disburses N619.34bn in January 2021 - NBS

31.  Average Prices of PMS, AGO, HHK and Cooking Gas - February 2021

32. Active Voice Subscribers Declined by -0.32% QoQ in Q4 2020 - NBS

33. Headline Inflation Increases by 17.33% YoY In February 2021, 0.86% Higher Than January 2021 Rate

34. Nigeria's Unemployment Rate Increases to 33.3% in Q4 2020 from 27.1% in Q2 2020 - NBS

35. Total Trade Higher By 8.9% in Q4 2020, Lower By 10.3% in FY 2020

36. Average Price of 1kg of Tomato Decreased by -6.59% MoM in January 2021

37. Average Prices of PMS, AGO, HHK and Cooking Gas - January 2021

38. Nigeria Exits Recession, Real GDP Grew by 0.11% in Q4 and -1.92% in Full Year 2020

39. Headline Inflation Increases by 16.47% YoY In January 2021, 0.71% Higher Than December 2020 Rate

40. FAAC Disburses N2.49trn to FG and N2.30trn to States in Year 2020 - NBS

41.  FAAC Disburses N601.11bn in December 2020 - NBS

42. FAAC Disburses N604.00bn in November 2020 - NBS

43. Total Value of Capital Importation into Nigeria Stood at US$1,069.68m in Q4 2020 - NBS

44. N295.72bn Generated as Company Income Tax in Q4 2020 - NBS

45. N454.69bn Generated as Value Added Tax in Q4 2020 - NBS

46. Average Price of 1kg of Tomato Increases by 17.51% YoY in December 2020 - NBS

47. Average Air Fare Increases by 18.54% YoY in December 2020 - NBS

48. Average Prices of PMS, AGO, HHK and Cooking Gas - December 2020

49. Headline Inflation Increases by 15.75% YoY In December 2020, 0.86% Higher Than November 2020 Rate

50. 62.18% of Nigeria's Total Public Debt as of Q3 2020 Was Domestic - NBS

51.  Active Voice Subscribers Grew by 4.59% in Q3 2020 - NBS

 

 

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