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national bereau of statistics
2 posts
Nigeria’s Inflation Rate Declines to 23.18% in February – NBS
On a year-on-year basis, inflation showed a significant drop of 8.52 percentage points compared to the 31.70% recorded in February 2024. The NBS clarified that while the figures were calculated using a different base year, the decline reflects a notable
… Continue Reading
Price of Rice Surges: Local Rice Hits N917.93 per Kg, an 81.35% YoY Increase
The National Bureau of Statistics (NBS) has released its Selected Food Price Watch report for December 2023, revealing a significant surge in the average price of 1kg of local rice.
According to the report, the price skyrocketed by 81.35% year-on-year, … Continue Reading