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NATIONAL BUREAU OF STATISTICS (NBS)
Data from the NBS has shown that Nigerians based in the South-East region paid the highest kerosene costs in December 2022
Fuel pump prices in Nigeria have come a long way in the last 32 years, increasing from 70 kobo to the current N165 per litre.
The NBS said that Nigerians in the South-West and South-East regions paid considerably higher prices for diesel in December 2022
The NBS stated that bread was a major factor contributing to the rising inflation rate. After speaking to bakers, we now know why.
According to the research website, Nairalytics, Nigeria experienced its worst inflation rate in the last twenty-one years
According to the NBS, inflation increased steadily throughout the year, rising from 15.6% in January to 21.5% in November
Many Nigerians are having to ration their spending during this Christmas season due to high consumer costs across the country
Nigeria exported agricultural goods worth N84.21 billion in the third quarter of 2022
This represents a 9.7% decline compared to N12.84 trillion recorded in Q2 2022
Nigerians paid an average of N1,041.05 per liter for kerosene in October 2022
This is the slowest growth since the Covid-19 pandemic
Poor and vulnerable households in Abia, Bayelsa, Benue, Borno, Ekiti, Enugu, and Kogi states are 100% deprived of clean cooking fuels