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  • The NOIPolls Consumer Confidence Index at 62.7-points for Quarter 1, 2017

    Abuja, Nigeria. April 11th, 2017 – The Portfolio of Indices report released by NOIPolls Limited for Q1, 2017 has revealed that the NOIPolls Consumer Confidence Index (CCI) experienced a 4.6-point increase to stand at 62.7-points.The Consumer Confidence Index is an indicator designed to measure the amount of optimism that consumers have on the state of the economy which is usually expressed by either spending or saving. This current figure indicates that consumers’ degree of confidence about the overall state of the economy in relation to their personal financial situation may have slightly improved. There is no doubt that the intervention of the Central Bank of Nigeria in the foreign exchange market has influenced the general positive attitude of consumers; given that consumers rationally base their decisions on the general outlook of some economic variables such as, inflation rate, interest rate, exchange rate, unemployment rate, etc. Furthermore, the Present Situation Index (PSI), which is one of the two independent variables that make up the CCI, experienced an increase of 10.7-points to stand at 34.3-points, while the other, the Expectation Index (EI) remained the same at 84.-points. Also, all the indicators that constitute the PSI and the EI experienced an increase except the Expected Total Family Income Index which declined by 4.2-points to stand at 67.9-points. The Present Economic Situation Index experienced the highest increase of 14.1-points and this contributed to the overall increase of the CCI. These are the key highlights from the Q1, 2017 Portfolio of Indices Press Release. In February 2014, NOIPolls Limited introduced its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations about the Nigerian business environment using the top 30 companies in the country. Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minorities conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy, and the business environment in Nigeria. This report presents the Q1, 2017 results for the NOIPolls Consumer Confidence Index (CCI). THE NOIPOLLS CONSUMER CONFIDENCE INDEX (CCI) In Q1, 2017, the NOIPolls Consumer Confidence Index (CCI) experienced an increase of 4.6-points to stand at 62.7-points. This significant increase in the consumer confidence could infer that Nigerians are expected to increase their purchases of goods and services, thus, manufacturers may increase production and stocks whereas, large organisations may increase employment rates, government may also expect improved tax revenues based on the increase in consumer spending. Therefore, it is advised that businesses, economic analysts, investors and the Government take advantage of this increase in consumer confidence though with caution because the CCI may adjust dramatically on the day the Index is released. However, this will probably only happen if there is a lot of uncertainty about the economy. The NOIPolls Consumer Confidence Index consists of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). The PSI measures general consumer thoughts in relation to the present economic situation and in Q1 2017, the PSI stood at 46.9-points. While the EI, which evaluates the overall consumer sentiments toward the short-term future economic situation, stood at 84.9-points in the same period. The PSI and the EI are made up of a total of 7 variables and all these variables experienced an increase except the Expected Total Family Income Index which experienced a decline. These are highlighted below; Current Economic Situation Index – 39.5 Consumers experienced a significant increase in the current economic situation. The Current Economic Index in Q1, 2017 rebounded to 39.5-points with an impressive 14.1-points increase from Q4, 2016. Expectation of the Country’s Economic Situation Index – 93.5 The expectation of the country’s economic situation index slightly increased by 0.01-point to stand at 93.5-points. This suggests that Nigerians have a high degree of confidence that the current economic situation will improve. Current Employment Condition Index – 50 Current figures revealed a significant increase in their current Employment Condition. This is evidenced by the 8.6-points increase from Q4, 2016. Expected Employment Condition Index – 98.4 Expected Employment Condition Index increased by 0.7-points to stand as the highest rated index in Q1, 2017. This infers that Nigerians are very positive of better employment opportunities in the future. Current Prices of Goods and Services Index – 13.5 This index also increased by 0.6-points to stand at 13.5-points in Q1, 2017. This indicates that consumers perceived the prices of goods and services to be high. Expectation of Prices of Goods and Services Index – 76 The Expectation of Prices of Goods and Services Index increased by 3.1-points to stand at 76-points. This shows that consumers are optimistic that there will be a reduction in prices of the goods and services in the future. Expected Total Family Income Index – 67.9 The Expected Total Family Income Index declined by 4.2-points to stand at 67.9-points. This infers that consumers are somewhat neutral about their expected total family income in comparison with their spending pattern. TREND ANALYSIS Trend analysis revealed that the PSI increased by 10.7-points to stand at 34.3-points, while the EI remained the same (84-points) with Q4, 2016. The increase experienced by the PSI implies that the spending powers of consumers may have been boosted. In conclusion, the NOIPolls Consumer Confidence Index increased by 4.6-points to stand at 62.7-points. Also, one of the two independent variables that make up the CCI, the Present Situation Index (PSI), experienced an increase of 10.7-points while the Expectation Index (EI) remained the same in Q1, 2017. Finally, while the CBN forex intervention may have influenced the CCI positively, it is recommended that an in-depth plan should be made to sustain the intervention, while long term plans and policies are implemented to revitalize the economy. Survey Methods The Consumer Confidence Index Poll was conducted in Quarter 1, 2017. The CCI involved telephone interviews of a random nationwide sample. 3,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. NOIPolls Limited, No1 for country specific polling services in West Africa. We conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com, you can also download NOIPolls Mobile App from the Google and Apple Playstore. Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

  • Quarter 4, 2016: The NOIPolls Personal Well Being Index Declined By 0.5 Point, While The Consumer Co

    Abuja, Nigeria. January 24th, 2017 –The Portfolio of Indices report released by NOIPolls Limited for Q4, 2016 has revealed that the NOIPolls Personal Well-Being Index (PWBI) decreased by 0.5-point to stand at 64.4-points, while the overall year average for the PWBI in 2016 stood at 64.5-points. The Personal Well-Being Index evaluates the quality of lives of Nigerians which includes people’s emotional responses, satisfaction with various aspects of their lives, and a general judgment of life’s quality. Further findings showed that out of the seven indicators that make up the PWBI, only three indices (standard of Living, social Interaction and religion) experienced an increase while the remaining indicators experienced a decrease when compared to results obtained Q3, 2016. Comparatively, the NOIPolls Consumer Confidence Index (CCI) increased by 1.3-points to stand at 58.1-points in Q4, 2016. The CCI is an important economic indicator that studies the spending and saving intention of consumers after they must have evaluated the various assurances they have on the country’s economic status in relation with their individual monetary status. Therefore, the increase experienced could be indicative that there was a higher probability for consumers to have spent more in Q4 than in Q3, moreover, the last month of Q4 is a period were consumers tend to spend more during the end of year festivities. In addition, the two independent variables of the CCI; the Present Situation Index (PSI) and the Expectation Index (EI) both experienced an increase. The Present Situation Index experienced an increase of 2.5-points to stand at 23.6-points while the Expectation Index (EI) increased by 0.5-point to stand at 84-points.This report presents the Q4, 2016 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). In February 2014, NOIPolls Limited introduced its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations about the Nigerian business environment using the top 30 companies in the country. Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minorities conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy, and the business environment in Nigeria. This report presents the Q4, 2016 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). The NOIPolls Personal Well-Being Index (PWBI) Results from the NOIPolls Personal Well-Being Index (PWBI) in Q4, 2016 showed a decrease of 0.5-point to stand at 64.4-points. Analysis of the diverse components that make up the PWBI revealed some differences in the assessment of Nigerians regarding several attributes of their lives. Outcome of the poll indicated that Nigerians are mostly contented in terms of their ‘Religion’ (89.6-points), ‘Social Interaction’ (79.5-points), and ‘Health’ (76.4-points). Also, Nigerians are somewhat neutral in terms of ‘Personal Security’ (68-points) and ‘Achievement in Life’ (53.3-points) while Nigerians were not satisfied with their ‘Standard of Living’ (49.6-points) and ‘Personal economic’ situation (37.6-points). This poll result has empirically shown that the economic situation Index remained the lowest ranked indicator in 2016. Trend analysis revealed that all the indicators that constitute the PWBI experienced a decrease in Q4, 2016 except the Standard of Living index, Social Interaction index and Religion index which were the only three indices that showed an increase of 0.5-point, 0.6-point and 0.7-point respectively. In addition, findings from quarterly trend analysis revealed that the NOIPolls PWBI had an average yearly mean point of 64.5-points in 2016, with the highest average mean point experienced in Q3, 2016 (64.9-points), whereas the lowest quarterly average was recorded in Q2, with 63.9-points. The NOIPolls Consumer Confidence Index (CCI) The Consumer Confidence Index is an indicator designed to measure the amount of optimism that consumers have on the state of the economy and this is usually expressed by either spending or saving. However, the NOIPolls Consumer Confidence Index in Q4, 2016 increased by 1.3-points to stand at 58.1-points. This increase indicates that consumers’ degree of confidence about the overall state of the economy in relation with their personal financial situation may have slightly improved. The NOIPolls Consumer Confidence Index consists of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). The PSI measures general consumer thoughts in relation to the present economic situation and in Q4 2016, trend analysis showed that PSI increased by 2.5-points to stand at 23.6-points. While the EI, which evaluates the overall consumer sentiments toward the short-term future economic situation, increased by 0.5-points to 84-points in Q4, 2016. The increment experienced by the two variables, PSI and EI, implies that the spending powers of consumers possibly may have been boostedThe NOIPolls Consumer Confidence Index consists of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). The PSI measures general consumer thoughts in relation to the present economic situation and in Q4 2016, trend analysis showed that PSI increased by 2.5-points to stand at 23.6-points. While the EI, which evaluates the overall consumer sentiments toward the short-term future economic situation, increased by 0.5-points to 84-points in Q4, 2016. The increment experienced by the two variables, PSI and EI, implies that the spending powers of consumers possibly may have been boosted. Trend analysis revealed that the whole economic indicators exhibited an increase in Q4, 2016 when compared to Q3, 2016. The PSI increased by 2.5-points while the EI increased by 0.5-point. The overall CCI increased by 1.3-point to stand at 58.1-points in Q4, 2016 when compared to Q3, 2016 which stood at 56.8-points. In conclusion, current results have revealed that the NOIPolls Personal Well-Being Index (PWBI) experienced a decrease of 0.5-point to stand at 64.4-points in Q4, 2016which is indicative of the unsatisfactory lifestyles of Nigerians. On the other hand, the NOIPolls Consumer Confidence Index increased by 1.3-point to stand at 58.1-points, meaning that there is the propensity to purchase or spend. Nigeria’s economy slipped into recession in mid-2016[1], hindrances that fuelled this economic downturn ranges from low oil prices in the global market, decreasing oil production (as a result of attacks by militants), scarcity of fuel, power shortages and scarcity of foreign currency. Therefore, the nation urgently requires massive injection of fiscal stimulus which could be aided by using the technical analysis provided in this report as an economic indicator. Finally, the two independent variables of the CCI both experienced an increase; the Present Situation Index (PSI) experienced an increase of 2.5-points while the Expectation Index (EI) increased by 0.5-point, both in Q4, 2016. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in Q4, 2016. The PWBI involved telephone interviews of a random nationwide sample. 3,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 3,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No1 for country specific polling services in West Africa, works in technical partnership with the Gallup Organisation (USA). We conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com [1] http://www.thisdaylive.com/index.php/2016/09/01/nigeria-slips-into-recession-fg-attempts-to-allay-concerns/

  • The NOIPolls Consumer Confidence Index at 67.5-points in Quarter 3, 2017

    Abuja, Nigeria. November 14th, 2017 – The NOIPolls Consumer Confidence Index for Q3, 2017 experienced a 2.7-point increase to stand at 67.5-points from 64.8-points in Q2, 2017. This indicates an increase in the degree of optimism of consumers on the state of the economy which is generally expressed through their saving and spending patterns. Therefore, this increase may likely translate to a slight growth in the economy as people have shown a relatively positive attitude towards spending. Although, the quarterly increase in the CCI of 2.7-points is not particularly large, it is sufficient to push the consumer confidence index to its highest point since Q1, 2017. The FBN Capital Purchasing Manager’s Index (PMI) also revealed an increase of 1.4-points when the average of Q2 (56.3%) is compared to that of Q3 (57.7%) 2017. Additionally, the two independent variables that make up the CCI; the Present Situation Index (PSI) and the Expectation Index (EI) also experienced some changes. The PSI experienced an increase of 6.1-points from the results of Q2, 2017 (38.1-points) to stand at 44.2-points in Q3, 2017. Contrarily, the EI experienced a marginal 0.3-point decrease to stand at 84.6-points. These are the key highlights from the Q3, 2017 Consumer Confidence Index Survey. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations about the Nigerian business environment using the top 30 companies in the country. Nigerian businesses, financial and government agencies largely depend on these perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minorities conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behaviour, the economy, and the business environment in Nigeria. This report presents the Q3, 2017 results for the NOIPolls Consumer Confidence Index (CCI). THE NOIPOLLS CONSUMER CONFIDENCE INDEX (CCI) The NOIPolls Consumer Confidence Index (CCI) in Q3, 2017 experienced an increase of 2.7-points to stand at 67.5-points. Like the upturn experienced in the previous quarter of the year, Nigerian consumers’ confidence further gained momentum in Q3, 2017 indicating increased buoyancy in the purchasing confidence of citizens which is capable of stimulating more economic activities in the country. The increase in the index has mainly been driven by a rising optimism amongst Nigerian households regarding the current economic situation. This result proved that consumer expectations concerning future economic developments have improved modestly. The two variables that make up the NOIPolls Consumer Confidence Index include the Present Situation Index (PSI) and the Expectation Index (EI). The Present Situation Index is based on how consumers feel about their current financial circumstance compared with 1 month ago, as well as their perception of the current buying environment for large household purchases in relation to their total family income. The Expectation Index is based on consumers’ perceptions of their future (3 months) financial situation, their economic outlook for the country as a whole and employment expectations. The general rise in the Consumer Confidence Index in Q3, 2017 has been driven by optimistic consumers’ opinions on their Present Situation Index (PSI). According to the Q3, 2017 findings, the PSI increased by 6.1-points to stand at 44.2-points from 38.1-points obtained in Q2, 2017. This shows that consumers appear to feel particularly optimistic about buying with overall sentiment towards household purchases in accordance to their present situation. On the other hand, the expectation index decreased slightly by 0.3-point from 84.9-points in Q2, 2017 to stand at 84.6-points in Q3, 2017. There are 7 variables that comprise the PSI and EI and 4 of these variables experienced positive increase, while 3 of the variables – Expected Country’s Economic Situation, Expected Employment Condition and Expected Total Family Income indices experienced a decline. These are highlighted below; Current Economic Situation Index–46.6 The Current Economic Situation Index increased from 42.2-points in Q2, 2017 to 46.6-points in Q3, 2017. This indicates a 4.4-point increase signifying that consumers are optimistic about the country’s current Economic Situation. Expectation of the Country’s Economic Situation Index –93.4 The Expectation of the Country’s Economic Situation Index decreased by 1-point from 94.4-points obtained in Q2, 2017 to stand at 93.4-points. Current Employment Condition Index – 54.6 The Current Employment Condition improved from 53.4-points in Q2, 2017 to 54.6-points in Q3, 2017. This represents a 1.2-point increase indicating a slightly improved perception about consumers’ present employment status. Expected Employment Condition Index – 98.0 The Expected Employment Condition Index decreased by 0.4-point to stand at 98-points in Q3, 2017. Although the index decreased, it still remains the highest index, indicating that Nigerian consumers are highly expectant of improvements in their employment conditions. Current Prices of Goods and Services Index – 31.6 The Current Prices of Goods and Services Index, again, experienced the highest increase of 12.8-points in Q3, 2017 to stand at 31.6-points from 18.8-points recorded in Q2, 2017. Expectation of Prices of Goods and Services Index – 81.95 The Expectation of Prices of Goods and Services Index increased by 2.4-points from 79.6-points in Q2, 2017 to stand at 82-points in Q3, 2017, meaning that there is a high anticipation among the Nigerian consumers for future reduction in the prices of goods and services. Expected Total Family Income Index – 65.3 The Expected Total Family Income Index declined by 1.8-points to stand at 65.3-points from the 67.1-points recorded in Q2, 2017, suggesting that expectations regarding the future financial income of households are declining . TREND ANALYSIS Trend analysis showed that the PSI increased by 6.1-points to stand at 44.2-points in Q3, 2017, while the EI decreased by 0.3-point to stand at 84.6-points in Q3, 2017. These variances are the chief determinants of the overall results of the CCI for each quarter. In conclusion, the NOIPolls Consumer Confidence Index increased by 2.7-points to stand at 67.5-points in Q3 2017. This signifies an increased confidence on the general economic outlook of the country by consumers and this positivity could create a positive multiplier effect on the country’s gross domestic products (GDP). In addition, the Present Situation Index (PSI) experienced an increase of 6.1-points to stand at 44.2-points while the Expectation Index (EI) experienced a decrease of 0.3-point to stand at 84.6-points in Q3, 2017. Also, 4 of the indices that make up the PSI and the EI experienced an increase while the remaining 3 – the Expected Country’s Economic Situation, Expected Employment Condition and Expected Total Family Income indexes experience a decline. The increase experienced in the CCI of Q3, 2017 infers that consumers’ assessment of their present conditions is relatively positive and their short-term (3 months) expectations suggest that they are hopeful the economy will improve. The increase in the CCI also depicts that Nigerian consumers are willing to spend their money. If this willingness to spend is sustained, it would have a positive effect on the economy therefore, there is every reason to expect consumption to grow in the coming months and quarters. Survey Methods The Consumer Confidence Index Poll was conducted in Quarter 3, 2017. The CCI involved telephone interviews of a random nationwide sample. 3,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. NOIPolls Limited, No1 for country specific polling services in West Africa. We conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com, you can also download our mobile app NOIPolls on your smartphone. Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

  • Presidential Job Approval Rating at 50 Percent as Nigerians Rate Acting President

    Abuja Nigeria, March 7th 2017 – Latest Presidential Job Approval rating in Nigeria conducted by NOIPolls has revealed that, for the first time in the last one year, Nigerians have rated the current administration average. This comes on the heels of the latest 50 percentage point approval rating of the Acting President Prof. Yemi Osinbajo for the month of February 2017. The last time the presidential approval rating edged up to 50 percent was in February 2016, when it stood at 57 percent. Besides, this current rating depicts a 6-point increase from that of January 2017, which stood at 44 percent; and demonstrates improved perception amongst the citizenry towards the governance efforts of the Acting President. Interestingly, this improved perception was significantly observed amongst residents of the South-West geo-political zone, where the Acting-President hails from and, which experienced a 24-points increase from January 2017. Similarly, the improved perception was also observed in the North-Central and South-East geo-political zones with 14-points and 10-points increases respectively, compared to January 2017. More findings revealed that the Acting President’s job performance approval was mainly backed by reasons such as ‘slight reduction in prices of goods and services’ (22 percent), ‘recent visit to the South-South & South-East regions’ (19 percent), ‘improved security across the country’ (16 percent), ‘slight appreciation in the value of the Naira’ (9 percent), and ‘enhanced agricultural activities & fertilizer distribution’ (8 percent) amongst other positive reasons. On the other hand, respondents who disapproved of his job performance cited reasons such as ‘poor economic situation’ (39 percent), ‘high cost of living’ (24 percent) and ‘high unemployment rate’ (15 percent) as key reasons for not approving his performance. These are some of the key findings from the recent Governance poll conducted by NOIPolls between the 24th and 28th of February 2017. These results represent the twenty-first approval rating in a monthly series of governance polls conducted by NOIPolls to gauge the perceptions of Nigerians regarding the job performance of the President. Survey findings President Muhammad Buhari had, on the 19th of January 2017, sent a letter to the National Assembly conveying his decision to proceed on leave and thus, transferring power to his Vice President, Prof Yemi Osinbajo, as required by Section 145 (1) of the Nigerian Constitution. Professor Osinbajo has been Acting as President of Nigeria since his departure till date, and this poll was conducted to assess his job performance as Acting President for the first full month of February 2017. In order to assess the general perception of Nigerians regarding the performance of Acting President (Prof. Yemi Osinbajo) over the past one month, the findings from the poll revealed that 50 percent of adult Nigerians interviewed approved the job performance of the Acting President’s job performance. This current rating represents a 6-point increase from January 2017 rating (44 percent); indicating an improved perception from previous months. On the other hand, 31 percent disapproved of his performance, while 19 percent remained neutral, neither approving nor disapproving of his performance. Interestingly, this improved perception in the presidential job approval rating was significantly observed amongst residents of the South-West geo-political zone, where the Acting-President hails from, which experienced a 24-points increase from January 2017. Similarly, the North-Central and South-East geo-political zones also witnessed some improvement in the perception of performance with 14-points and 10-points increases respectively, compared to January 2017. Respondents were asked reasons for either their approval or disapproval of the acting president’s job performance, and findings revealed that Nigerians who approved of the Acting President’s performance cited reasons such as ‘slight reduction in prices of goods and services’ (22 percent), ‘recent visit to the South-South & South-East region’ (19 percent) ‘improved security across the country’ (16 percent) ‘slight appreciation in the value of the Naira’ (9 percent), and the ‘enhanced agricultural activities & fertilizer distribution’ (8 percent). Some other respondents stated that the Acting President ‘is hardworking and we prefer his leadership style’, ‘He always gives credit to the President’, ‘plans to establish modular refineries’, and the ‘cleanup of Ogoni land’ amongst other positive reasons. On the other hand, respondents who disapproved the Acting President’s job performance mainly ascribed their position to issues such as: ‘poor economic situation’ (39 percent), ‘high cost of living’ (24 percent), ‘high unemployment rate’ (15 percent). Other reasons include ‘the epileptic power supply’, ‘non-payment of salaries and pensions’, ‘poor infrastructure’ and the ‘closure of land borders’ amongst others. In conclusion, the poll has revealed that for the first time in close to a year, Nigerians have rated the job performance of Acting President- Prof. Yemi Osinbajo- at an average score of 50 percent for the month of February 2017. The month of February marks the first full month that Prof. Osinbajo as acted as President and this current rating demonstrates a general improvement in the perception of Nigerians regarding the presidential job performance, particularly amongst his kinsmen from the South-West geo-political zone. Finally, a key highlight from this poll is that while 50 percent of Nigerians approve the job performance of the Acting President for the month of February 2017, a significant proportion (31 percent) still do not approve of his performance; and this calls for critical evaluation and policy response. Evidence from the data clearly suggests that the economy remains at the front-burner of what needs to be urgently tackled by the government; as issues such as the high cost of living, high unemployment rate, poor infrastructure and non-payments of workers’ salaries all revolve around the economy. Survey Methods The public opinion poll was conducted between the 24th and 28th of February 20th, 2017. It involved telephone interviews of a random nationwide sample. 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. NOIPolls Limited is the No1 for country specific polling services in West Africa. We conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com [1]http://www.premiumtimesng.com/news/headlines/220955-breaking-buhari-writes-national-assembly-makes-osinbajo-acting-president-third-time.html

  • Power Supply Worsens In Q4 at the Peak of the Privatisation Process; Was Best In Q1

    Abuja, Nigeria. January 24th, 2013 – Power poll results released by NOIPolls Limited for the Fourth Quarter of 2013 have revealed that although power supply to households worsened in the fourth quarter, nevertheless majority of Nigerians (70%) are hopeful about the on-going reform in the power sector. More findings revealed that an average of 46% of Nigerians received between 1-4 hours of continuous power supply daily, while 17% said they have received absolutely “No Light” in their households. These were the key findings from the Power Snap Poll conducted in Quarter 4 (Q4), 2013. In the Fourth Quarter of 2013, the Nigerian power sector saw an achievement of a milestone as the privatisation process, initiated to reform the power sector was taken to the next level. This involved the final hand over of 11 power distribution and five generation companies, created out of PHCN which was regulated by the Nigerian Electricity Regulation Commission (NERC), to their private owners on behalf of the Federal Government. This implies that in the new era for the power sector, privately owned generating companies will sell directly to distribution companies, which finally gets power to consumers.[1] With the aim of monitoring the progress made so far in the power sector reforms in Nigeria, NOIPolls introduced the Power Polls in April 2013 to explore the perception of Nigerians towards the power sector reforms, the amount of power supply received daily and expenditure on alternative sources of power. This results presented is 3rd in the series for Q4 2013 following the Q2 and Q3 reports. Key Findings In order to highlight the trends in power supply over Q4 2013, respondents were asked the following question:How would you describe power in your area in the past 1 month? An assessment of the state of power supply in Q4 (averages of all 3 months) revealed that the majority; Av:45% (31% +14%) of Nigerians reported power supply remains bad or has worsened, Av:33%(30% +3%) indicated some improvement and Av:22%reported no difference in power supply. In addition, October (36%) recorded the highest proportion of respondents who experienced little improvement, November (25%) had the highest proportion of respondents who did not experience any difference in the state of power [1] www.vanguardngr.com Annual Nationwide review: A review of the state of power for the year 2013 (12 months) shows that power was best in Q1 and worse in Q4. This is evident on the fact that Q1 recorded the highest proportion of respondents who gave a positive report (40%: 33%+7%) andQ4 has the highest proportion of respondents (which also represents the majority) that gave a negative report (45%: 31%+14%) on power. A further trend analysis shows a 4-point decline in the proportion of respondents that claimed power supply improved very much from Q3 (7%) to Q4 (3%) and 5-Point increase in the proportion that claimed power supply remains bad from Q3 (26%) to Q4 (31%). These figures reveal that the power worsened in the fourth quarter which also ushered in a new era for the power sector. Annual Regional Review: Furthermore, a regional appraisal of power in 2013 reveals that the North-East zone is the most affected zone with poor power supply as it recorded the highest proportion of respondents that claimed power supply remains bad and has gone worse in three quarters; Q1(39%), Q2(61%) and Q4(59%). In addition, the South-East zone had the best power report in first 2 quarters as it recorded the highest proportion of respondents who experienced an improvement in Q1 (46%) and Q2 (41%) while the best power report in the last two quarters of 2013 was obtained in the South-South zone as it recorded the highest proportion of respondents that experienced an improvement in the state of power in Q3 (47%) and Q4 (43%). The table below shows the yearly averages of all the six Geo Political zones on the perception of power supply over the 12-month period under review. A total of 12,000+ respondents were interviewed. Yearly Averages: The zones are spilt equally along the lines of bad and improved power supply; South East (43%), North-Central (41%) and South-South (41%) are the zones whose majority have seen improvements in their power supply over the 12 months while the North-East (51%), North West (46%)and South-West (46%) are zones whose majority reported bad/worsened power supply. Subsequently, in order to assess the length of hours of power supply generally received by Nigerian households daily, respondents were asked: On the average, how many hours of continuous power supply does your household experience daily? On an average, the majority of Nigerians (46%) receive 1-4 hours of continuous power daily; this is followed by 20% who claimed they receive between 5-9 hours of continuous power and 17% who reported they receive no power supply at all. Furthermore the month of December recorded the highest proportion of Nigerians that receives 1-4 hours of continuous power supply daily. A nine months review revealed a continuous decline in the duration of hours of continuous power supply received by the majority of Nigerian households from Q2 to Q4. This is evident on the fact that there was a total 4-pointdecline in the proportion of Nigerians that receive 5-9 hours of power supply from Q2 (23%) and Q4 (19%) as well as a corresponding 3-point total increase in the proportion of Nigerians that receive 1-4 hours of power supply from Q2 (43%) to Q4 (46%). With the aim of measuring the proportion of Nigerians that use alternative sources, respondents were asked: Do you use any alternate source of electricity supply such as generators or inverters? An average across the three months in Q4 revealed that 81% of Nigerians use other sources to generate electricity. Again a nine months evaluation revealed a 3-point decline in the proportion of Nigerians that use alternative sources of power supply from Q2to Q3 and a subsequent 3% increase from Q3 to Q4. In addition, Q3 which recorded the highest proportion of respondents that claimed they had no power supply (17%) also recorded the lowest proportion of respondents that use alternate sources of power supply. In order to measure the level of awareness of Nigerians 2on the reforms in the power sector, respondents were asked: Are you aware that the Federal Government is making efforts to reform the power sector?Findings revealed the level of awareness has remained relatively constant over Q4with an average of 79%. Again a comparison of the result obtained from in nine months revealed the same level of awareness in Q2(64%) and Q3 and a 15-points increase in the awareness of the power reforms from Q3 to Q4 (79%)representing the highest level of awareness. Finally, respondents were asked: How do you feel about these on-going power reforms? Results obtained in the Q4 revealed that 70% (52% +18%) of Nigerians are hopeful about the on-going reforms. This if followed by 19% that are indifferent and a meager 11% that claim to be dissatisfied with the reforms in the power sector. A nine months trend analysis revealed that the 4th quarter (70%: 52%+18%) had the highest percentage of Nigerians who are hopeful about the power reforms. Also there was an 8-point increase in the proportion of Nigerians that are hopeful about the power sector reforms from Q3 (62%: 16%+46%) to Q4 (70%: 18%+52%). This rise in hope may have been stimulated by the conclusion of the privatization process aimed at transforming the power sector. In conclusion, findings from the Q4 power poll have revealed that majority; Av:45% (31% +14%) of Nigerians reported power supply remains bad or has worsened, Av:33%(30% +3%) indicated some improvement and Av:22% reported no difference in power supply. More findings revealed that an average majority (46%) of Nigerians receive 1-4 hours of continuous power supply daily and 81% of Nigerians use alternative power sources to generate electricity. Furthermore, the majority of Nigerians (70%) are hopeful about on-going reforms in the Power Sector. Findings have shown that the last phase of the privatization process has stimulated great expectations about the power sector reforms among the majority of Nigerians. Due to past and current challenges faced in the power sector, the total reformation may be a gradual process with a succession of milestones to be achieved. One of which would be the increase of total power currently being generated which will directly result in improved power supply to households. Survey Methods The opinion poll was conducted within a 12 month period covering January to December 2013. It involved telephone interviews of a random nationwide sample of 12,000+ phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. NOIPolls Limited, No.1 for country-specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

  • The Nigerian Banking Sector

    Abuja, Nigeria. September 06, 2010 – In 2009, the Central Bank of Nigeria (CBN) embarked on reforms in the banking sector to enhance the quality of banks, establish financial stability, enable healthy financial sector evolution and ensure that the financial sector contributes to the real economy. Despite the ongoing reforms in the sector, only roughly One in Ten Nigerians say they have confidence in the Nigerian banking sector. In a recent survey conducted by NOI Polls, Nigerians were asked if they were aware of the ongoing banking reforms by the CBN. About four in ten respondents (42%) said they were unaware of the reforms while 58% of the respondents said they were aware of the reforms. Respondents were then asked if they had confidence in the Nigerian Banking Sector. Only 11 % expressed confidence in the banking sector (Agree and strongly agree) while nearly 6 in 10 (58%) respondents said they lacked confidence in the banking sector (Disagree and strongly disagree). 24 % neither had confidence nor lacked confidence in the sector, while 7% did not know if they had or lacked confidence in the banking sector. The results show a marked reduction in confidence levels when compared to a similar survey conducted by NOI Polls one year ago (August 2009), around the start of the reforms. In that survey, a total of 71 % of the respondents expressed confidence in the banking sector (Agree and strongly agree), compared to 11% in 2010; while only 17% lacked confidence (Disagree and strongly disagree), compared to 58% in 2010. 12% did not know if they had or lacked confidence in the banking sector, compared to 24% in 2010. Respondents for the snap polls were randomly selected from a database of phone-owning Nigerians aged 18 and above across the six geopolitical zones in the country, compiled by NOI Polls. 1024 people took part in the telephone interviews conducted from the 23rd and 25th of August, 2010. For a sample of this size, we can say with 95% confidence that the maximum margin of sampling error is ±3 percentage points. This poll is part of the ongoing snap poll exercise conducted by NOI Polls to rapidly assess public sentiments following various social, political or economic events. NOI Polls is a Nigeria based opinion research organization which Works in technical partnership with Gallup Polls (USA), to conduct periodic opinion polls on various socioeconomic issues in Nigeria. The Nigerian Banking Sector Abuja, Nigeria. September 06, 2010 – In 2009, the Central Bank of Nigeria (CBN) embarked on reforms in the banking sector to enhance the quality of banks, establish financial stability, enable healthy financial sector evolution and ensure that the financial sector contributes to the real economy. Despite the ongoing reforms in the sector, only roughly One in Ten Nigerians say they have confidence in the Nigerian banking sector. In a recent survey conducted by NOI Polls, Nigerians were asked if they were aware of the ongoing banking reforms by the CBN. About four in ten respondents (42%) said they were unaware of the reforms while 58% of the respondents said they were aware of the reforms. Respondents were then asked if they had confidence in the Nigerian Banking Sector. Only 11 % expressed confidence in the banking sector (Agree and strongly agree) while nearly 6 in 10 (58%) respondents said they lacked confidence in the banking sector (Disagree and strongly disagree). 24 % neither had confidence nor lacked confidence in the sector, while 7% did not know if they had or lacked confidence in the banking sector. The results show a marked reduction in confidence levels when compared to a similar survey conducted by NOI Polls one year ago (August 2009), around the start of the reforms. In that survey, a total of 71 % of the respondents expressed confidence in the banking sector (Agree and strongly agree), compared to 11% in 2010; while only 17% lacked confidence (Disagree and strongly disagree), compared to 58% in 2010. 12% did not know if they had or lacked confidence in the banking sector, compared to 24% in 2010. Respondents for the snap polls were randomly selected from a database of phone-owning Nigerians aged 18 and above across the six geopolitical zones in the country, compiled by NOI Polls. 1024 people took part in the telephone interviews conducted from the 23rd and 25th of August, 2010. For a sample of this size, we can say with 95% confidence that the maximum margin of sampling error is ±3 percentage points. This poll is part of the ongoing snap poll exercise conducted by NOI Polls to rapidly assess public sentiments following various social, political or economic events. NOI Polls is a Nigeria based opinion research organization which Works in technical partnership with Gallup Polls (USA), to conduct periodic opinion polls on various socioeconomic issues in Nigeria.

  • NOIPolls Portfolio of Indices – April 2015

    Abuja, Nigeria. May 14th, 2015 –The Portfolio of Indices report released by NOIPolls Limited for the month of April 2015 revealed that consumers are warming up to the new Government as the NOIPolls Consumer Confidence Index (CCI) jumps by 5.2-points to stand at 62.9-points in April 2015. This result is a reflection of the Present Situation Index (PSI) and Expectation Index (EI) which both experienced an increase of 6.9-points and 3.9-points to stand at 34.9-points and 83.9-points respectively. These results suggest positive outlook of Nigerians for an improved situation even in the face of decline in consumers’ confidence in other parts of the world such as Australia, where Consumer Confidence decreased to 96.20 in April 2015 from 99.47 in March 2015.[1] Similarly the U.S. Consumer Confidence unexpectedly slumped in April, as reported by the Conference Board, an industry group, which stated that its index of consumer attitudes fell to 95.2 in April from 101.4 in March.[2] More findings revealed that the NOIPolls Personal Well-Being Index (PWBI) declined by 2.1-points to stand at 43.2-points from 45.3-points in March 2015. Furthermore, all the indicators that make-up the PWBI experienced a decline, with the health index experiencing the highest decrease of 4.6-points. These are the key highlights from the April 2015 Portfolio of Indices Press Release. In February 2014, NOIPolls Limited introduced its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations about the Nigerian business environment using the top 30 companies in the country. Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minorities conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy, and the business environment in Nigeria. This report presents the April 2015 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). The NOIPolls Personal Well-Being Index (PWBI) The NOIPolls Personal Well-Being Index (PWBI) for the month of April 2015 experienced a decline to stand at 43.2-points in April 2015 from 45.3-points in March 2015; thus showing a continuous decline from January 2015. Analysis of the individual indicators which constitutes the PWBI revealed differences in assessment of Nigerians on several attributes of their lives. Nigerians are most satisfied in terms of Physical Health (72.7-points), Social Interaction (77.4-points), andReligion(87.2-points). Nigerians are neutral in terms of Achievement in Life(50.3-points) and Personal Security (56.7-points), while Nigerians are not contented with their Standard of Living (48.7-points), and Personal Economic Situation (39.0-points). The Economic Situation Index has remained the lowest ranked indicator for over sixteen months. Trend analysis revealed that all indicators that makeup the PWBI experienced a decline in the month of April 2015; the Health index experienced the highest decline with 4.6-points. Further findings from monthly trend analysis revealed that the NOIPolls PWBI has continuously declined from January 2015, with a decline of 2.1-points from March 2015 to stand at 43.20 in April 2015. Please click here to see the full (PWBI) report The NOIPolls Consumer Confidence Index (CCI) The NOIPolls Consumer Confidence Index for the month of April 2015 experienced an increase of 5.2-points to stand at 62.9-points. The NOIPolls Consumer Confidence Index is made-up of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). The PSI increased by 6.9-points to stand at 34.9-points. Despite the significant increase, the PSI still shows that Nigerians are not satisfied with the present economic situation. On the other hand, the EI which also increased by 3.9-points to 83.9-points revealed that consumers are very much optimistic of a better economic situation in the nearest future. Trend analysis revealed that the overall CCI increased by 5.2-point to 62.9-points in April 2015 when compared to March 2015. The significant increase revealed that although consumers are not too positive about their current situation, nevertheless, they have great expectations for the future especially with the coming of a new administration. Please click here to see the full (CCI) report In conclusion, current results revealed that the NOIPolls Personal Well-Being Index (PWBI) further decreased by 2.1-points to stand at 43.2-points in April 2015, with all indicators that make up the PWBI experiencing a decline. Comparably, the NOIPolls Consumer Confidence Index increased by 5.2-points to stand at 62.9-points. More findings revealed that the Present Situation Index (PSI) and Expectation Index (EI) increased by 6.9-points and 3.9-points respectively in the month of April 2015. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in the month of April 2015. The PWBI involved telephone interviews of a random nationwide sample. 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 4,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No1 for country specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com [1] http://www.tradingeconomics.com/australia/consumer-confidence [2] http://www.reuters.com/article/2015/04/28/us-usa-economy-confidence-idUSKBN0NJ1OT20150428

  • NOIPolls Portfolio of Indices – March 2015

    Abuja, Nigeria. April 16th, 2015 –The Portfolio of Indices report released by NOIPolls Limited for the month of March 2015 revealed that the NOIPolls Personal Well-Being Index (PWBI) stood at 45.3-points in March 2015; representing a slight 0.5-point decrease when compared to February 2015. Furthermore, only 2 indicators (Health and Security) that make-up the PWBI experienced an increase, while all others experienced a decrease. More findings revealed that the NOIPolls Consumer Confidence Index (CCI) decreased by 2.6-points from February 2015 to 57.8-points in March 2015. In addition, the Present Situation Index (PSI) experienced a decline of 6.2-points, whereas, the Expectation Index (EI) increased by 0.03-point in March 2015. These are the key highlights from the March 2015 Portfolio of Indices Result Release. In February 2014, NOIPolls Limited introduced its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations about the Nigerian business environment using the top 30 companies in the country. Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minorities conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy, and the business environment in Nigeria. This report presents the March 2015 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). The NOIPolls Personal Well-Being Index (PWBI) The NOIPolls Personal Well-Being Index for March 2015 stood at 45.3-points, representing a 0.5-point decrease when compared to February 2015. Analysis of the individual indicators which makes up the PWBI revealed differences in assessment of Nigerians on several attributes of their lives. Nigerians are most satisfied in terms of Physical Health (77.3-points), Social Interaction (79-points), and Religion(89.5-points). Nigerians showed an average satisfaction in terms of their Standard of Living (52.5-points), Achievement in Life(53.7-points) and Personal Security (59.5-points), while showing low satisfaction in their Personal Economic Situation (41.7-points). This economic index has remained the lowest ranked indicator for over fifteen months. Trend analysis indicates that 2 of the indicators that make up the PWBI; Health index (0.1-point) and Security index (0.9-point) experienced an increase; while other the indicators that make up the PWBI including Standard of Living (1-point), Achievement in Life(2.9-points), Social Interaction (0.7-point), Religion (0.8-point), Economic situation (2.1-points) experienced a decrease in the month of March 2015. Further findings from monthly trend analysis show that the NOIPolls PWBI experienced a slight decline by 0.5-point in March from February 2014. The NOIPolls Consumer Confidence Index (CCI) The NOIPolls Consumer Confidence Index for March 2015 decreased by 2.6-points to 57.8-points from February 2015. However, the results imply that Nigerians are positive about their current situation. The NOIPolls Consumer Confidence Index is made-up of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). The PSI decreased by 6.2-points to stand at 28-points, revealing that Nigerians are not satisfied with the present economic situation. In contrast, the EI slightly increased by 0.03-point to currently stand at 80-points, implying that consumers are optimistic of a promising future. Trend analysis reveals that the overall CCI declined by 2.6-points to 57.8-points in March 2015 when compared to February 2015. In conclusion, current results have revealed that the NOIPolls Personal Well-Being Index (PWBI) decreased by 0.5-point to stand at 45.3-points in March 2015, with an increase in 2 of the indicators that make up the PWBI. Similarly, the NOIPolls Consumer Confidence Index decreased by 2.6-points to stand at 57.8-points. More findings revealed that the Present Situation Index (PSI) decreased by 6.2-points while, the Expectation Index (EI) decreased by 0.03-point in the month of March 2015. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in the month of March 2015. The PWBI involved telephone interviews of a random nationwide sample. 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 4,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No1 for country specific polling services in West Africa, works in technical partnership with the Gallup Organisation (USA). We conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

  • No Faith in FG’s Promise of 6,000MW

    Abuja– In 2008, President Umaru Musa YarÁdua assured Nigerians that the country would attain 6,000 MW of electricity generation by December 31, 2009. A Power Committee was set-up and mandated to achieve the target, and provisions made to fund related projects. With less than 30 days to the end of 2009, Nigerians do not believe the federal government will meet this target. The attainment of the target has been largely threatened by gas supply shortages, which led to a drop in generation capacity to 2,627MW as at 1st December 2009. Despite the challenges, Government continues to assure Nigerians that it would meet the target. NOI Polls asked Nigerians if they think the government will achieve its 6,000MW power generation target by the end of the year. Nearly six in ten respondents (57%) said the target is not realisable, while only 26% believe the government would make it. Responses were similar across the six geo-political zones in the country, with the exception of the North-East where slightly more people believe the government will achieve its target (33%) compared to 25% in both the South-south and South-east who believe the same. According to the Chairman and Chief Executive Officer of the Commission, Dr Ransome Owan, what ought to be the normal electricity generating capacity required for the entire country is 7,000 MW, all things being equal. This amount would meet domestic demand and boost industrial growth and development in the country. Results are based on 1034 telephone interviews with randomly selected phone–owning Nigerians aged 16 years and older, across the six geographical regions of the country. The poll was conducted between November 13 and 19, 2009. With a sample of this size, we can say with 95% confidence that the results have a statistical precision of plus or minus 3 percentage points of what they would have been if the entire population had been surveyed. This poll is part of the ongoing snap poll exercise conducted by NOI Polls to rapidly assess public sentiments following various social, political or economic events. NOI Polls is a Nigeria- based opinion research organization which Works in technical partnership with Gallup Polls (USA), to conduct periodic opinion polls on various socioeconomic issues in Nigeria.

  • NOIPolls Portfolio of Indices – February 2015

    Abuja, Nigeria. March 12th, 2015 –The Portfolio of Indices results released by NOIPolls Limited for the month of February 2015 revealed that the NOIPolls Personal Well-Being Index (PWBI) currently stands at 45.8-points, representing a 1.9-points decrease when compared to January 2015. In addition, there was a decline in all the indicators that make-up the PWBI. Similarly, the NOIPolls Consumer Confidence Index (CCI) slightly declined by 1-point to stand at 60.4-points from 61.4-points in January 2015. Furthermore the Present Situation Index (PSI) experienced a decline of 3.3-points whereas, the Expectation Index (EI) increased by 0.8-point in February 2015. These are the key highlights from the February 2015 Portfolio of Indices Result Release. In February 2014, NOIPolls Limited introduced its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations about the Nigerian business environment using the top 30 companies in the country. Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minorities conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy, and the business environment in Nigeria. This report presents the February 2015 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). The NOIPolls Personal Well-Being Index (PWBI The NOIPolls Personal Well-Being Index for February 2015 currently stands at 45.8-points. This result represents a 1.9-points decrease when compared to January 2015. Analysis of the individual indicators reveals differences in view and fulfilments of Nigerians on several attribute of their lives. Nigerians are most satisfied in terms of Physical Health (77.2-points), Social Interaction (79.7-points), and Religion (90.3-points). Nigerians are neutral in terms of Standard of Living (53.5-points), Achievement in Life (56.6-points) and Personal Security (58.6-points), while Nigerians are not contented with their Personal Economic Situation (43.6-points). This index has constantly remained the lowest ranked indicator for over fourteen months. Trend analysis indicates that, all the indicators that make-up the PWBI experienced a decrease. The highest decline was experienced by the Standard of living index with 4.9-points from January 2015. More findings from monthly trend analysis revealed that the NOIPolls PWBI experienced a decrease of 1.9-points when current result is compared with January 2014. Please click here to see the full (PWBI) report The NOIPolls Consumer Confidence Index (CCI) The NOIPolls Consumer Confidence Index for February 2015 decreased to 60.4-points. This result represents a 1-point decrease from January 2015 though it still shows relative satisfaction and also implies that Nigerians are optimistic about their current situation. The NOIPolls Consumer Confidence Index is made-up of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). The PSI decreased by 3.3-points to stand at 34.3-points, revealing that Nigerians are not confident about their present situation. On the other hand, the EI slightly increased by 0.8-points to currently stand at 80.0-points, implying that consumers are optimistic of a promising future. Trend analysis reveals that the overall CCI declined by 1-point to 60.4-points in February 2015 when compared to January 2015. Please click here to see the full (CCI) report In conclusion, current results have shown that the NOIPolls Personal Well-Being Index (PWBI) increased by 1.9-points to stand at 45.8-points in January 2015, with a decline in all the indicators that make up the PWBI. Comparably, the NOIPolls Consumer Confidence Index decreased by 1-point to stand at 60.4-points. More findings revealed that the Present Situation Index (PSI) decreased by 3.3-points while, the Expectation Index (EI) decreased by 0.8-point in February 2015. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in the month of February 2015. The PWBI involved telephone interviews of a random nationwide sample. 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 4,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No1 for country specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

  • NOIPolls Portfolio of Indices – February 2014

    Abuja, Nigeria. March 11th, 2014 – The latest results from the Portfolio of Indices released by NOIPolls Limited has revealed Nigerians have maintained a neutral outlook in respect of their Personal Well-Being, with the NOIPolls Personal Well-Being Index (PWBI) standing at 42% in February 2014 dropping by 2-points from January (44%). In addition, the NOIPolls Consumer Confidence Index (CCI) for February stands at 80%,dropping by 4-points from January 2014 results. These are the key highlights from the Portfolio of Indices Press Release. In January 2014, NOIPolls officially unveiled its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations of the Nigerian business environment using the top 30 companies in the country. Nigerian businesses, financial institutions and government agencies largely depend on perceptions and micro assessment of consumers’ expectation in making decisions. The introduction of these indices provide indicators that will ensure stakeholders can detect and respond to changes in consumer behaviour, the economy, and the business environment in a timely manner. This report presents the February 2014 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). Results of the quarterly NOIPolls Eagle 30 Business Confidence Index will be released in April 2014. The NOIPolls Personal Well-Being Index (PWBI) The NOIPolls Personal Well-Being Index for February 2014 stood at 42.1%; which indicates that Nigerians have a neutral outlook regarding their personal well-being. Furthermore, the independent indicators that constitute the Well-being Index reveal that Nigerians are more satisfied with certain aspects of their lives than others. For instance, the index demonstrates that Nigerians are highly satisfied in the area of their Religion (86.5%), Social interaction (72.7%) and Physical health (69.8%). Also, Nigerians are mostly neutral with respect to their Personal security (55.7%), Achievement (51.6%), and Standard of living (48.9%). However, Nigerians are clearly not satisfied with their personal economic situation (36.4%). Trend analysis comparing current results with January 2014 results indicate that there was a decline across all 7 indicators that make up the Personal Well being Index in February 2014, with the overall index dropping by 2-points. The largest declines were observed in Social Interaction (3.5-points) and Economic Situation (3.4-points). In Nigeria, both factors are often interrelated such that the current economic situation of an individual often determines the level of social interaction he/she engages in the community and with family/friends. Item Jan Feb Personal Well-Being Index 44.0 42.1 Standard of living 50.7 48.9 Health 71.4 69.8 Achievements in life 54.9 51.6 Personal security 58.7 55.7 Social Interaction 76.2 72.7 Religion 88.3 86.5 Economic Situation 39.8 36.4 The NOIPolls Consumer Confidence Index (CCI) NOIPolls started monthly polling for the NOIPolls Consumer Confidence Index in January 2014. The score for February 2014 is 80.3. This score indicates that consumers remain positive about their personal state and stability of the economy. In general, this optimism is expected to result in the continued purchase of goods and services, and ultimately stimulate economic growth. The NOIPolls Consumer Confidence Index comprises of two independent variables: the Present Situation Index (PSI) and Expectation Index (EI). The Present Situation Index of 56.5 shows that Nigerians feel good about their present personal and economic situation. Also, the Expectation Index score of 96.2 reveals that consumers are highly optimistic about the future. Trend analysis shows that the overall CCI dropped by 4-points; the Present Situation Index dropped by 8-pointswhile the Expectation Index experienced marginal decline by less than 1-point. Despite the favourable CCI, the decline in both the PSI and EI indicate that Nigerian consumers have less confidence, particularly in their present economic situation, in February compared to January 2014. Finally, these results can also be tied to findings of the PWBI, which indicate that Nigerians are clearly not satisfied with their personal economic situations. Hence, while the Expectation Index of the CCI remains strong at 96.2, this may be linked to the Religion Indicator of the PWBI which also remains high at 86.5. Item Jan Feb Consumer Confidence Index 83.9 80.3 Present Situation Index 64.7 56.5 Expectation Index 96.9 96.2 Conclusion Nigerians have maintained a neutral outlook in respect of their Personal Well-Being with the NOIPolls Personal Well-Being Index standing at 42% in February 2014, declining by 2-points from January (44%). Amongst the indicators that constitute the PWBI, Social Interaction (3.5-points) and Economic Situation (3.4-points) where observed as having the largest points of decline. Furthermore, the NOIPolls Consumer Confidence Index for February stands at 80%, dropping by 4-points from January 2014 results. Among the two indicators that make up the CCI, the Present Situation Index dropped by 8-points which indicates that Nigerians are less content with their present situation in February compared to January2014. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in the month of February 2014. The PWBI involved telephone interviews of a random nationwide sample. 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 4,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No.1 for country-specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

  • NOIPolls Portfolio of Indices – January 2015

    Abuja, Nigeria. February 12th, 2015 –The Portfolio of Indices report released by NOIPolls Limited for the month of January 2015 reveals that the NOIPolls Personal Well-Being Index (PWBI) increased by 1-points to stand at 47.7-points. This figure represents a 3.7-points increase when compared to January 2014.Furthermore, the Achievement Index and the Economic are the only indicators that experienced a slight decline of 0.1-points and 0.7-points in January 2015 respectively. Furthermore, the NOIPolls Consumer Confidence Index decreased by 6-points to 61.4-points in January 2015 from December 2014. The Present Situation Index (PSI) experienced a huge decline of 22.2-points whereas, the Expectation Index (EI) increased by 6.2-point in January 2015. These are the key highlights from the January 2015 Portfolio of Indices Press Release. In February 2014, NOIPolls Limited introduced its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations about the Nigerian business environment using the top 30 companies in the country. Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minorities conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy, and the business environment in Nigeria. This report presents the January 2015 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). The NOIPolls Personal Well-Being Index (PWBI The NOIPolls Personal Well-Being Index for January 2015 increased by 1-point to stand at 47.7-points. This result represents a 3.7-points increase when compared to January 2014. Analysis of the individual indicators reveals variances in perception and satisfaction of Nigerians on several attribute of their lives. Nigerians are most satisfied in terms of Physical Health (79.6-points), Social Interaction (81.5-points),andReligion(91.9-points). Nigerians are rather neutral in terms of Standard of Living (58.2-points),Achievement in Life(57.1-points) and Personal Security (62.9-points), while Nigerians are not satisfied with their Personal Economic Situation (44.5-points). This index has for over thirteen months remained the lowest ranked indicator. Trend analysis indicates that only 2 of the indicators (Achievement index (0.1-point) andEconomic index (0.7-points)) that makeup the PWBI experienced a decline while, other indicators (Standard of living (2.5-points), Health (1.5-points),Personal security (0.8-point), Religion (2.1-point), Social interaction (2.2-points))experienced an increase in the month of January 2015. More findings from yearly trend analysis show that the NOIPolls PWBI experienced an increase of 3.7-points and4.7-points when current result is compared with January 2013 and 2014 respectively, hence,making it the highest NOIPolls PWBI point attained since the commencement of the NOIPolls Personal Well-Being Index. Please click here to see the full (PWBI) report The NOIPolls Consumer Confidence Index (CCI) The NOIPolls Consumer Confidence Index for January 2015 decreased to 61.4-points. This figure represents a6-points decrease from December 2014, although, it shows relative satisfaction and also implies that Nigerians are positive about their current situation. The NOIPolls Consumer Confidence Index is made-up of 2 independent variables; the Present Situation Index(PSI) and Expectation Index (EI). The PSI decreased by a huge 22.2-points to stand at 37.6-points, revealing that Nigerians are not confident of the present economic situation. Also, the EI increased by a significant 6.2-points to currently stand at 79.2-points, implying that consumers are hopeful of a promising future. Trend analysis reveals that the overall CCI declined by 6-point to 61.4-points in January 2015 when compared to December 2014. Please click here to see the full (CCI) report In conclusion, current results have shown that the NOIPolls Personal Well-Being Index (PWBI) increased by 1-points to stand at 47.7-points in January 2015, with a decline in two of the indicators that make up the PWBI. Comparably, the NOIPolls Consumer Confidence Index for January 2015 decreased by 6-point to stand at 61.4-points. More findings reveal that the Present Situation Index (PSI) decreased by 22.2-points while, the Expectation Index (EI) decreased by 6.2-point in January 2015. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in the month of January2015. The PWBI involved telephone interviews of a random nationwide sample. 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 4,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No1 for country specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

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