Tags: National Bureau of Statistics

Nigeria’s Economy May Not Survive on Statistical Manipulation

  BY BLAISE UDUNZE Nigerians should gear up to start seeking accountability from those in power because the country is gradually entering one of the most dangerous phases in its economic history, not merely because inflation is high, unemployment is worsening, or public debt is rising, but because the institutions responsible for telling them the…

Tougher Times For Nigerians As Inflation Hits 16.5%

Hopes of Nigerians smiling anytime soon may have been dashed if information recently released by the National Bureau of Statistics, NBS, is anything to go by. The NBS on Monday released the Consumer Price Index which measures inflation. According to the graph released by the agency, the country’s inflation rate has risen from 15.6 per…