News

Nigeria’s Economy Up By 4.03% In Q3, 2021, NBS Confirms

Published

4 years ago

November 19, 2021

The Statistician-General of the Federation and Head of National Bureau of Statistics, Mr Simon Harry, has declared that the nation’s economy grew by 4.03 per cent in the Third Quarter of 2021.
He made the announcement, yesterday in Abuja at a media conference on the present state of the nation’s Gross Domestic Product (GDP).
Harry explained that the negative GDP figures recorded in 2020 as a result of the COVID-19 pandemic had serious base effects on the GDP figures for quarters two and three 2021.
“You will recall that the contraction of quarters two and three of 2020 has resulted to positive growth as recorded consecutively for the last three quarters of quarter four, 2020 with 0.11per cent, quarter one, 2021 with 0.51 per cent and quarter two, 2021 with 5.01per cent.
“This base effects continued to quarter three of 2021, recording a growth of 4.03per cent.”
He stated that the improvement being seen in the output growth over the last four quarters depicts a steady progress made in stemming the COVID-19 pandemic and the associated negative impact on livelihood, well-being and the economy.
He said, “Globally, many countries have witnessed an improvement in economic performances compared to 2020 when COVID-19 was endemic.
“Thus, economic recovery is a gradual process that requires consistent collective efforts to improve economic activities across the institutional sectors.
“However, in Nigeria, the prospect of full recovery is glaring provided the current trend of improved economic performance is sustained in the rest of the year and beyond.
“It is important to also mention that annual GDP growth of 2021 stands at -1.92per cent.”
The overview of the report noted that aggregate GDP stood at N45.113trillion in nominal term, a performance higher when compared with the third quarter of 2020, which recorded aggregate GDP of N39.089trillion, indicating a year-on-year nominal growth rate of 15.41per cent.
It classified the Nigerian economy into the oil and non-oil sectors.
For the oil sector, the report said that the nation, in the third quarter of 2021 recorded an average daily oil production of 1.57million barrels per day (mbpd).
This, it said, was lower than the daily average production of 1.67mbpd recorded in the same quarter of 2020 by 0.10mbpd and lower than the second quarter 2021 production volume of 1.61mbpd by 0.05mbpd.
It also said that real growth of the oil sector was –10.73per cent (year-on-year) in quarter three 2021, indicating an increase by 3.16per cent relative to the rate recorded in the corresponding quarter of 2020.
It added that the oil sector contributed 7.49per cent to total real GDP in the quarter, down from figures recorded in the corresponding period of 2020 and up compared to the preceding quarter, where it contributed 8.73per cent and 7.42per cent, respectively.
For the non-oil sector, the NBS said that it grew by 5.44per cent in real terms during the reference quarter, higher by 7.95per cent compared to the rate recorded in the same quarter of 2020 and 1.30per cent lower than the second quarter of 2021.
“This sector was driven in third quarter 2021 mainly by trade, Information and Communication (Telecommunication), other drivers include financial and insurance (financial institutions) and manufacturing (food, beverage and tobacco).
It said, “Others are agriculture (crop production) and transportation and storage (road transport), accounting for positive GDP growth.
“In real terms, the non-oil sector contributed 92.51per cent to the nation’s GDP in third quarter 2021, higher from share recorded in the third quarter of 2020 which was 91.27per cent and lower than the second quarter of 2021 which recorded 92.58per cent.”
The GDP helps to determine the structure and dynamics of an economy, which by implication measures the performance of the economy within a given period of time.

News

NAF Disowns Recruitment Adverts, Says It’s Fake

Published

45 mins ago

July 18, 2025

The Tide

The Nigerian Air Force (NAF) says it has not commenced recruitment for the 2025/2026 Basic Military Training Course (BMTC) and Direct Short Service Commission (DSSC).

The Director, Public Relations and Information, Air Commodore Ehimen Ejodame, in a statement yesterday, described the advertisement as fraudulent.

Ejodame said that no such recruitment exercise is currently ongoing, urging the public to disregard those messages in their entirety.

“We wish to remind the general public that the Nigerian Air Force recruitment and enlistment processes are free, transparent, and merit-based.

“The NAF does not charge any fee at any stage of its recruitment exercise, and does not engage third parties or agents for enlistment.

“Whenever a recruitment exercise is to be conducted, it will be officially announced and widely publicised through credible national dailies, the NAF official website, and its verified social media platforms.

“We therefore urge members of the public to be wary of online scams and exercise extreme caution when coming across unofficial recruitment advertisements,” he said.

Ejodame also advised the public to always rely on NAF’s official social media handles for accurate and up-to-date information regarding its activities.

According to him, official NAF communication channels are: https://www.facebook.com/share/1735SmRdMo/ https://x.com/NigAirForce?t=1263ETdBwkuqewt-rSuyIg&s=09 https://www.instagram.com/NigerianAirForce https://youtube.com/@nigerianairforcehq?feature=shared

https://www.airforce.mil.ng/ “The Nigerian Air Force is committed to integrity, transparency, and efficient service delivery to the nation while projecting air power to save lives and properties of all Nigerians,” he added.

News

JAMB Uncovers 9,469 Fake Admissions In 20 Tertiary Institutions

Published

1 hour ago

July 18, 2025

The Tide

No fewer than 9,469 admissions across 20 tertiary institutions nationwide have been flagged as fake by the Joint Admissions and Matriculation Board (JAMB) for the 2024 academic session.

According to the board, the admissions were conducted outside the popular Central Admission Processing System, popularly known as CAPS.

According to the list obtained from JAMB, Kano State University of Science and Technology led the pack with 2,215 fake admissions, with Ladoke Akintola University of Technology following with 1,215.

Others are Gombe state University, 1,164; Emmanuel Alayande University of Education, 761; Federal University of Technology, Owerri, 534; Ambrose Alli University, 514; Igbinedion University, 365; Akwa-Ibom Polytechnic, 340 and College of Nursing, National Orthopedic Hospital, Igbobi, 281.

Also on the list are Achievers University, 267; Nigeria Police Academy, 263; Abia State Polytechnic, 256; Osun State University, 224; Federal University, Lafia, 189; Niger State Polytechnic, 182; Federal Polytechnic, Ida, 171 and Edo State Polytechnic,166.

Others are Anchor University, 133; Michael and Cecilia Ibru University, 116 and the Federal College of Animal Health and Production Technology, 113.

CAPS was introduced to enhance transparency and efficiency, and serves as an online platform where prospective university students can monitor and manage their admission status.

By centralising the admission process, JAMB CAPS ensures that all candidates are given fair consideration based on merit and institutional requirements.

The primary purpose of JAMB CAPS is to streamline the admission process into tertiary institutions across Nigeria. It achieves this by ensuring transparency as candidates can easily track their admission status, and guarantees that all applicants are evaluated based on consistent criteria.

The system also enhances efficiency as institutions can process admissions swiftly, and candidates receive timely updates on their application status.

The board has, over time, warned institutions against backdoor admissions offered to candidates outside CAPS, as candidates offered admission outside CAPS were barred from the mandatory National Youth Service Corps scheme.

Recall that the Minister of Education, Dr Tunji Alausa, reiterated a directive in Abuja at the 2025 policy meeting of JAMB last week, declaring all admissions conducted outside JAMB as illegal.

He said institutions and individuals involved in such practices would be prosecuted and severely sanctioned.

“Any admission conducted outside CAPS, regardless of its intentions, is illegal.

“Both institutions and the candidates involved in such practices will be held accountable.

“Sanctions may include withdrawal of institutional assets and prosecution of culpable officers or governing council members,” he said.

News

NOA Set To Unveil National Values Charter — D-G

Published

2 hours ago

July 18, 2025

The Tide

The National Orientation Agency (NOA) says it will soon unveil a National Values Charter (NVC) to serve as a social contract between the Nigerian government and its citizens.

The Director-General of the agency, Malam Lanre Issa-Onilu, disclosed this in Abuja, yesterday at a one-day workshop on “Civic Responsibility and National Values for Voluntary Organisations”.

Issa-Onilu was represented by Dr Olukemi Afolayan, Director of Civic Values and Democratic Education at the agency.

He said that the charter would articulate the responsibilities of both the government and citizens towards nation-building.

“We are at a pivotal moment as a country.

“The challenges facing Nigeria range from insecurity, corruption, poor civic engagement, moral decay, and apathy in democratic processes.

“These require, not just governmental intervention, but active citizen participation,”he said.

He said that voluntary organisations had historically played key roles in moral reawakening, youth mobilisation and community development, dating back to the colonial period.

According to him, the NOA under the current leadership, has intensified efforts to fulfill its core mandate of value reorientation.

He said that the agency did that with the launch of several campaigns, including the National Identity Project approved by the Federal Executive Council in 2024.

“President, Bola Tinubu, is expected to formally unveil the National Values Charter.

“It defines the ‘Nigerian Promise’, the government’s commitment to equality, democracy, entrepreneurship, peace, inclusivity, freedom and meritocracy,” he said.

The NOA D-G said that the Charter would also highlight a ‘Citizen’s Code’ calling on Nigerians to embrace discipline, duty of care, tolerance, leadership, accountability, environmental awareness and resilience.

He urged voluntary organisations to support the campaign and serve as role models in their communities to promote patriotism and public trust.

Also speaking, Mrs Rhoda Sadus, Deputy Director of Civic Values and Democracy at NOA, said that the Charter was a critical component of a broader National Identity Project aimed at global reputational management.

“This is the first time any Nigerian organisation is targeting global reputational management through strategic media engagement, including broadcasts on international channels like CNN,” she said.

Sadus said that NOA was engaging Nigerians in the diaspora and working closely with other agencies, including the Nigerians in Diaspora Commission (NIDCOM), to promote a unified national identity.

“When the Director-General assumed office, he emphasised the need for Nigeria to define and project its identity.

“The National Values Charter was conceived to outline the responsibilities of both the government and the citizens, a departure from past initiatives that only targeted citizens,” she added.

She said that the agency would soon begin training public office holders on national values as part of the post-appointment orientation process.

“We believe that when both the government and the people fulfill their obligations, national development will follow,” she said.

In his remarks, Dr Mohammed Dambo, Commander of the FCT Man ‘O’ War, said the initiative offered an opportunity for Nigerians to unite under a common agenda for national progress.

“If America became what it is today through collective agreement and commitment, Nigeria can do the same.

“We need to stop gaslighting our leaders and start promoting a culture of excellence, patriotism and civic responsibility.”

He called for the values to be transferred to the younger generation as part of efforts to restore hope and pride in the country.

The Tide source reports that the workshop attracted the presence of representatives form Boys Scout Association of Nigeria, Girls Guide Association of Nigeria and Man O’ War Nigeria.

Others were Red Cross Society of Nigeria, Boys Brigade Nigeria, National Cadet Corps (School-Based) and War Against Indiscipline (WAI) Brigade.