The National Bureau of Statistics (NBS), says it will begin the zonal dissemination of its MPI Report in January 2023.

Statistician General of the Federation and Chief Executive Officer of NBS, Mr Semiu Adeniran, said this at the 2nd Bi- National Consultative Committee of Statistics (NCCS) on Wednesday in Lagos.

The theme for the meeting is; “The Direct Implication of Sectorial Statistics in Curbing Inflation”.

Highlights of the 2022 Multi-dimensional Poverty Index survey by NBS reveals that 63 per cent of persons living within Nigeria (133 million people) are multidimensionally poor.

The national MPI is 0.257, indicating that poor people in Nigeria experience just over one-quarter of all possible deprivations.

Adeniran said that under the process, the results of each state in the respective zones would be presented in more detail.

He noted that the MPI report would have details such as methodology and computation process that would be explained further.

The Statistician General said that the bureau’s MPI Report includes the Nigerian Living Standard Survey (NLSS) and the Nigerian Labour Force Survey (NLFS) which together with World Bank would also provide detailed household information and insights into labour and welfare conditions in the country.

According to him, NLSS will provide detailed information on household consumption, education, health, employment, housing conditions, assets, household enterprise and other key non-monetary indicators of welfare.

On the other hand, he said that the NLFS is a strategic survey designed to collect and analyse labour market statistics for the country, including the generally understood and widely anticipated headline unemployment and underemployment rates.

“While the unemployment and underemployment rates are very important figures that indicate the number of persons economically engaged, the NLFS also contains a lot more equally interesting and important information that offer useful insight into the health of the labour market in Nigeria,” he said.

Adeniran said that under the process, the results of each state in the respective zones would be presented in more details, including the methodology and computation process explained further.

“In doing this, it is our hope that executives will have a much better understanding and interpretation of the results and be better placed to apply them in their budgeting and policy decision making processes.

“This will assist to alleviate poverty and deprivations in their states,” he said.

He said that the meeting would seek to provide updates and harmonise statistical activities, and discussions as well as reflexions on how to move the statistical system in Nigeria forward, with each member, playing their respective parts.

Adeniran said that the theme for the meeting; “The Direct Implication of Sectorial Statistics in Curbing Inflation”, is extremely fitting for the current times in the country.

According to him, inflation has become an issue of major concern all over the world.

Adeniran said that the impact of inflation on households and businesses both within and outside the country cannot be ignored.

“You only need to listen to some of the numbers and headlines emanating from some African nations and beyond, to fully understand the severity of the global situation we are facing.

“In Ghana, Ethiopia and Rwanda, inflation for the month of October was reported at 40.4 per cent, 31.7 per cent and 31 per cent respectively.

“Countries in the West are also reporting record inflation figures, with the UK recording its highest rate of 11.1 per cent, since 1981, a high of forty years.

“With these high levels of inflation, we can best imagine the effects on household consumption and poverty levels in those countries, and the report of this effect is all over the news if we simply look,” he said.

He, however, noted that the bureau was working hard to support government along these lines.

Adeniran charged the participants on the need to remain relevant and collaborate to move forward the bureau, particularly into the new year for a professional and independent assessor of socio-economic conditions in the country.

Also, in his remarks, Chairman of Governing Board, NBS, Dr Kabiru Nakaura, said the task of the meeting was to meet the need of good and realisable statistics across all tiers of government for informed decision and policy making.

“Hence, it is pertinent for all countries to have established statistical agencies such as the National Bureau of Statistics in the case of Nigeria, whose work it is to collect, process and disseminate such statistics.

According to him, planning and evidence based policy making can only be effective when statistics is promoted as a tool for development.

He advised participants to work with the Chairman and Statistician General of the Federation in sharing experiences and exchanging ideas on issues affecting the NCCS, thereby improving the quality of data produced by its various members. (NAN)