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FIRS Generates N4.9 trillion In 2020
The Federal Inland Revenue Service has said that it has generated a revenue of N4.9 trillion revenues in 2020. This was about 98 percent of its set target for the year. The agency said this when it appeared before the House of Representatives Committee on Finance at its ongoing 2022-2024 Medium-Term Expenditure Framework and Fiscal…
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MPs In Uganda Receive $30M For Luxury Cars Amid Covid Crisis
A total of 529 Members of Parliament (MPs) in Uganda have received $56,500 each to buy new cars amidt economic crisis made worse by the coronavirus pandemic. On June 18, President Yoweri Museveni announced renewed restrictions on schools, churches and bars as part of his government’s plan to curb the rising cases of Covid-19 infection.…
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FG Approves N658m For Deployment Of Dogs To Airports
N658 million has been approved by the Federal Executive Council (FEC) to procure sniffer dogs at the Lagos and Abuja International Airports. The council reached the agreement during a weekly meeting presided over by President Muhammadu Buhari on Wednesday, August 18. After the council meeting, the minister of aviation Hadi Sirika told reporters that four…
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Uganda To Temporarily Host 2,000 Afghan Refugees
According to the Ministry of Foreign Affairs, Uganda would temporarily host Afghan refugees whose country fell under the control of the Taliban on August 17, 2021. Ugandan media reports have put the number of refugees to be admitted at 2,000 although the ministry of Foreign Affairs has not confirmed the number of people involved. “Following…
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Covid-19: Is Vaccine Booster Needed To Achieve Complete Immunity?
While it was like only yesterday that people were calculating the day they could feel fully protected by their vaccination, now scientists are saying our safety may require another shot in the arm. This booster conversation is gaining urgency as the Delta variant causes a surge among both vaccinated and unvaccinated individuals and health officials, with…
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Nigeria Records Highest COVID Rate In Over A Year
Nigeria has recorded the highest number of infections in any single day since February 2020, according to the Nigerian Centre For Disease Control (NCDC). The new records stand at 1,149, pushing the cumulative number of Covid-19 infections to 184,593. The NCDC added that the new cases involve 393 persons in Lagos alone. Active cases in…
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Prices For Cooking Gas, Kerosene Increased In July
According to the latest data from the National Bureau of Statistics, the average price of refilling a cooking gas and prices paid per liter by consumers of kerosene has increased in the month of July. NBS stated this in its “Liquefied Petroleum Gas (cooking gas) and National Household Kerosene Price Watch (July 2021). The average…
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Twentyten Daily Weekly Roundup
Hello Twentyten Daily Readers, We are always pleased to keep you up to date on Covid-related conversations, vaccination progress and infection rates as Africa battles a third wave of the Coronavirus. Last week, Nigeria recorded 1,149 active cases, its highest since the beginning of the year. South Africa and Uganda are not left out in…
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External Reserves Rise To $33.59bn
Nigeria’s foreign exchange reserves have risen to $33.59billion –the highest level in more than a month. The forex reserves, which fell to a record low of $33.09bn on July 12, had gained $500m in almost a month to close at $33.59bn on August 10. According to the latest data from the Central Bank of Nigeria,…
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Nigeria’s Inflation Drops To 17.38% In July
The Consumer Price Index which measures inflation has dropped by 17.38 percent in July 2021. This is 0.37 percent lower than the rate recorded in June 2021 (17.75%). The National Bureau of Statistics disclosed this in its Consumer Price Index report for June. Increases were recorded in all Classification of Individual Consumption According to Purpose…