HIGHLIGHTS of September 2014 Portfolio of Indices published by NOIPolls show that Personal Well-Being Index (PWBI) increased by 2.3-points to stand at 45.6-points , a peak position so far in 2014. In addition, there was an increase in all indicators that comprise the PWBI with the highest increase observed in the Personal Security Index with 7.2-points, Consumer Confidence Index (CCI), rising by 0.6-point to stand at 71.3-points even as the two indicators that make up the CCI revealed that the Present Situation Index (PSI) increased by 2.3-points while the Expectation Index (EI) declined by 0.6-point.

According to the September NOIPolls results released on Tuesday, “Nigerians are most satisfied in terms of Religion (89.2-points); Social Interaction (78.2-points), Physical Health (75.4-points) and Personal Security (60.2-points).

Additionally, Nigerians are somewhat neutral with respect to their Achievement in Life (56.8-points) and Standard of Living (53.1-points).

On the other hand, Nigerians remain discontented with their Personal Economic Situation (43.4-points); this has remained the lowest ranked indicator since January 2014 despite a 3-points increase this month.

Monthly trend analysis shows that all the indicators that comprise the PWBI experienced an increase; the highest and lowest increases were observed in the Personal Security Index and Religion Index with 7.2-points and 1.4-points respectively. Furthermore, the Personal Security Index is at the highest point so far in 2014 suggesting that Nigerians are at present more satisfied with their personal security.

Further findings from trend analysis shows that the PWBI has been on the increase since July 2014 and experienced a substantial increase of 2.3-points in September 2014 which is the highest point (45.6-points) over nine months. Additionally, the average PWBI from January 2014 till date is 42.7-points and the current September reading is 2.9-points above this average.

The Personal Well-Being Index and Consumer Confidence Index Polls conducted in September 2014 involved telephone interviews of a random nationwide sample of 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country. According to NOIPolls: “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 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 minority 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.

Guardian october 14, 2014

Sampled 1000 people out of 170million. Ok

You sapmle a negligible amount of the population and use it to compare the entire people.
Any way bad news for the supporter of APC and their minions

I swear by Almighty God, before I opened this thread, I said "this must be coming from NOI", and indeed I was right!!

Make God punish me if I read am!!

God bless Nigeria
GEJ till 2019.

Different from reality on ground.