The Nigerian Bureau of Statistics (NBS) has disclosed that while consumption in Nigerian households dropped between April to June 2020, the consumption level of the Nigerian government rose 152.05% - this shows the disparity of living between the citizens and the government.
NBS, in its second quarter 2020 GDP by Income and Expenditure, stated that Household consumption contracted by -0.08% in Q2 2020 compared to -4.03% in Q1 2020 and 0.75% in the corresponding period of Q2 2019.
AllNews gathered from the report that Government consumption grew 152.05% in Q2 2020 compared to -6.80% in first quarter 2020 and 0.14% recorded in the corresponding period of last year's Q2.
Surprisingly, the increase in government's consumption happened at the thick of COVID-19 pandemic, at a time many poor and vulnerable households in Nigeria were struggling to survive and living on few palliatives, many of which the government allegedly hoarded in stores - palliatives were hidden and discovered after the EndSARS protest.
During the Q2 2020, the GDP by Income and Expenditure report also disclosed that Compensation of Employees contracted -6.47% in Q2 2020, compared to 6.7% in the first quarter 2020, and 10.71% during the same period last year.