Facts in Q&A format

In nominal terms, Nigeria's GDP in the second quarter of 2022 stood at N45 million. The oil sector contributed 6.3% (N2.85 million) to the total real GDP in the second quarter of 2022, down from the figures recorded in the corresponding period of 2021 and the preceding quarter, where it contributed ...

The World Bank defines “youth” as people aged between 15 and 24. In 2021, the unemployment rate among young people in Nigeria was 19.6%. ...

The second quarter of 2022 comprised exports valued at N7.4 trillion and imports worth N5.4 trillion. The country's trade balance was therefore N2 trillion. ...

The country’s GDP per capita (nominal gross domestic product divided by the mid-year population as per World Bank estimates) was US$2,085 in 2021 ...

The average price paid by consumers for Premium Motor Spirit (Petrol) for August 2022 was N189.46, indicating a 14.89% increase when compared to the value recorded in August 2021 (N164.91). ...

Nigeria's Total Debt Stock (Foreign & Domestic), as of 30 June 2022 stood at N45.5billion (US$103.3 million). ...

No. It is N550 million less. According to the president's 2020 budget, 2,526,899,156 (N2.53 billion) was budgeted for the president’s travel and transport; 1,751,296, 576 (N1.75 billion) for international travel and transport, 775,602,580 (N775.60 million) for local travel and transport and 98,306...

In the second quarter of 2020 agriculture contributed 23.92% to Nigeria’s nominal GDP and 24.65% to Nigeria's real GDP when adjusted for inflation. ...

No. According to the government of Anambra State, as at 31 December 2020, it has a total of N85.197 billion in outstanding debt (N40.561bn external and N44.636bn domestic). ...