Analysis of the report showed that since the second quarter of the 2014 fiscal year, the petroleum sector had been recording steady decline in output. Between the first and second quarters of 2014, the sector witnessed an increase in output from N2.61tn to N2.63tn.
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The initiative will help to improve the dissemination of data both within Nigeria and across the globe, stressing that such access to reliable data will encourage investors in investment decision making in the country.
20 October 2015, Abuja – The oil and gas sector contributed N1.782 trillion to Nigeria’s Gross Domestic Product, GDP, in…
19 July 2015, Lagos – Average price of fuel across the country in June was N112.13 per litre, National Bureau…
Oscarline Onwuemenyi 17 February 2015, Sweetcrude, Abuja – The National Bureau of Statistics (NBS) has blamed marginal increases in non-food…
14 December 2014, Lagos – Nigeria recorded a decline of about 5.4 percent in the total value of trade in…