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-- toggle navigation -- layouts » hero thirds -- home e-library data warehouse trade database data release calendar about us about vision and mission statistics act organisation structure data analysis sg message contact us staff portal cell title -- -- press statement: economy out of recession (nbs) read more the (nbs) in collaboration with the small and medium enterprises development agency of nigeria (smedan) is conducting a national survey on micro, small and medium enterprises nsmsmes covering the year 2017. read more esri recognizes nbs amongst other international organisations with special achievement in gis award 2018 read more remarks by the statistician general of the federation, dr yemi kale at the signing ceremony of a mou between the and the national social safety net coordinating office for the conduct of the national living standard survey. read more good news, fake news and statistics: speech by dr yemi kale, statistician general of the federation/ceo, nbs at the dubawa launch, yar adua center abuja. read more .... key statistics -- gdp unemployment cpi population notes about this chart -- latest reports --    fri aug 24 2018 18:25:02 -- petroleum products importation and consumption (truck out): lpg (q2 2018) (petroleum ) 12    mon aug 20 2018 18:04:11 -- nigerian capital importation (q2 2018) (capital importation) 314    fri aug 17 2018 17:04:28 -- selected banking sector data: sectorial breakdown of credit, epayment channels and staff strength (q2 2018) (financial) 247    thu aug 16 2018 06:46:06 -- transport fare watch (july 2018) (transport) 58    thu aug 16 2018 06:40:02 -- selected food prices watch (july 2018) (agriculture) 67    wed aug 15 2018 08:01:28 -- cpi and inflation report july 2018 (cpi and inflation reports) 580    tue aug 14 2018 18:20:53 -- liquefied petroleum gas (cooking gas) price watch (july 2018) (petroleum ) 43    tue aug 14 2018 15:24:04 -- premium motor spirit (petrol) price watch (july 2018) (petroleum ) 73    tue aug 14 2018 11:46:45 -- federation account allocation committee (faac) (july 2018 disbursement) (federal account allocation committee) 307    tue aug 14 2018 11:21:36 -- automotive gas oil (diesel) price watch (july 2018) (petroleum ) 69 explore e-library do you know? in the first quarter of 2018, the nominal year on year growth rate of trade stood at -2.12%. this indicates a drop of 11.71% points when compared to the first quarter of 2017 and 5.24% points lower than the preceding quarter. gdp in nominal terms, other services grew by 2.71% (year-on-year) in q1 2018. this growth rate is less than the 14.95% growth rate recorded in the same quarter of the previous year and lower than the growth rate of 4.52 % in q4 2017 by 12.24 % points and 1.81% points respectively. gdp nominal gdp growth of manufacturing in the first quarter of 2018 was recorded as 8.93% (year-on-year), - 7.70% points lower than figures recorded in the corresponding period of 2017 (16.63%) and -0.27% points lower than the preceding quarter figure of 9.20%. quarter on quarter growth of the sector is recorded at - 1.04%. gdp in nominal terms, the public administration sector grew by -1.27 % in q1 2018, lower by 12.00% points from the corresponding quarter of 2017 and lower by 1.84 points relative to q4 2017. quarter-on-quarter, the sector grew by -16.34%. gdp nominal growth in the education sector in the first quarter of 2018 was 1.61% (year-on-year), down by 12.31% points from the growth of 13.92% reported in the corresponding quarter of 2017, but up by 0.24% points when compared to q4 2017 growth rate of 1.37%. gdp crop production is expectedly the major driver of the sector. this is evident as it accounts for 85.28% of overall nominal growth of the agriculture sector. in the first quarter of 2018, agriculture contributed 17.42% to nominal gdp. gdp the non-oil sector grew by 0.76% in real terms during the reference quarter. this is higher by 0.04% point compared to the rate recorded same quarter of 2017 and 0.70% point lower than the fourth quarter of 2017. gdp real growth of the oil sector was 14.77% (year-on-year) in q1 2018. this represents an increase of 30.37% points relative to rate recorded in the corresponding quarter of 2017. quarter-on-quarter, the oil sector grew by 13.24% in q1 2018. gdp for the first time on record, the sector to import the largest amount of capital was servicing, which accounted for $130.98 million, or 20.24% of the total. capital importation -- fiscal statistics jan - july 2017 -- summary of federally collected revenue: january -july, 2017 items approved budget, 2017 january february march april may june july cummulative variance % variance annual(a) expected monthly average(b) expected jan-july(c=b*7) jan-july 2017 (d) (e=d-c) jan-july =n=b =n=b =n=b =n=b =n=b =n=b =n=b =n=b =n=b =n=b =n=b =n=b oil revenue nnpc crude oil sales 1,683.288 140.274 981.918 95.281 164.727 200.939 154.588 153.714 111.022 188.149 1,068.420 86.502 8.809 gas sales 544.468 45.372 317.606 5.110 1.185 3.979 29.358 2.230 14.283 29.689 85.834 (231.772) (72.975) royalties oil & gas 899.824 74.985 524.895 40.572 37.122 28.609 57.923 22.944 34.548 41.593 263.311 (261.584) (49.835) rent 1.678 0.140 0.980 0.013 0.002 0.008 0.007 0.017 0.013 0.044 0.104 (0.876) (89.388) gas flared penalty 4.727 0.394 2.758 0.395 0.095 0.242 0.082 0.146 0.253 0.184 1.397 (1.361) (49.347) misccellaneus, pipeline fees, etc. 951.636 0.488 3.416 0.386 0.375 0.373 0.374 0.528 2.108 2.669 6.813 3.397 99.444 firs - - - - - ppt & gas tax @cita rate 1,248.828 104.069 728.483 64.227 82.979 71.866 54.765 58.507 91.800 100.106 524.250 (204.233) (28.035) total gross oil revenue 5334.449 444.537 3111.759 205.984 286.485 306.016 297.097 238.086 254.027 362.434 1,950.129 (1,161.630) (37.330) non-oil revenue - - excise & fees, import duty & other customs rev 717.144 59.762 418.334 50.993 51.229 41.948 54.809 43.469 52.389 54.003 348.840 (69.494) (16.612) companies income tax & other taxes 1,742.048 145.171 1,016.197 52.086 70.247 36.619 48.228 52.941 105.206 284.848 650.175 (366.022) (36.019) total gross non-oil revenue 2459.192 204.933 1434.531 103.079 121.476 78.567 103.037 96.410 157.595 338.851 999.015 (435.516) (30.359) gross revenue (fed. acct) 7793.641 649.47 4546.29 309.063 407.961 384.583 400.134 334.496 411.622 701.285 2,949.144 (1,597.146) (35.131) net federation acct. revenue after all deductions (distributable) 6,785.074 565.423 3,957.961 200.760 252.834 223.198 259.124 236.224 280.338 521.816 1,974.294 (1,983.667) (50.118) federation income and distribution for june, 2017 provisional s/no items approved budget, 2017 january february march april may june july cummulative variance % variance annual (a) expected monthly average(b) expected jan-july(c=b*7) ₦b ₦b ₦b ₦b ₦b ₦b ₦b ₦b ₦b ₦b ₦b ₦b 1 oil revenue 2 nnpc: 3 crude oil sales export 1,683.288 140.274 981.918 34.483 33.710 33.133 22.093 13.850 37.089 42.566 1,068.420 86.502 8.099 4 crude oil sales domestics 60.798 131.017 167.806 132.495 139.864 73.933 145.583 5 gas sales (hlng feedstock sales $ upstream liquid gas) 544.468 45.372 317.604 5.110 1.185 3.979 29.358 2.230 14.283 29.689 85.834 (231.772) (72.878) 6 oil royalties & gas royalties 899.824 74.985 524.895 40.572 37.122 28.609 57.923 22.944 34.548 41.593 263.311 (261.586) (49.836) 7 rent 1.678 0.140 0.980 0.013 0.002 0.008 0.007 0.017 0.013 0.044 0.104 (0.875) (83.372) 8 gas flared penalty 4.727 0.394 2.758 0.395 0.095 0.242 0.082 0.146 0.253 0.184 1.397 (1.361) (49.306) licenses & early license renewal 945.780 78.815 551.705 - (551.705) (100.000) 9 other oil and gas revenue 5.856 0.488 3.416 0.389 0.375 0.373 0.374 0.528 2.108 2.669 6.813 3.397 90.444 10 total oil revenue - nnpc 4,085.621 340.468 2,383.276 141.760 203.506 234.150 242.332 179.579 162.227 262.328 1,425.879 (957.400) (40.172) 11 firs 12 ppt & g

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