Twenty-six states in Nigeria pulled in no foreign investment in the whole of 2020, figures released by the National Bureau of Statistics has shown. The report on capital importation captured the total foreign direct investment (FDI), foreign portfolio investment (FPI) and other types of investments into the country in the year 2020. The total value […]Read More
The Director of Funds, Mr Sabo Mohammed, announced that the federal government has rolled over the sum of N66.801 billion of unspent 2020 capital budget of 27 Ministries, Departments and Agencies (MDAs) to March 31, 2021. This is contained in a circular from the Office of the Accountant-General of the Federation, referenced FD/OAGF/ADC/2020?250/1/DF and dated […]Read More
A prominent Islamic cleric has asked the federal government to employ the country’s security budget in addressing demands of bandits instead of waging war against them. A Look At Nigeria’s Security Budget From 2015 to 2020 In 2015, President Buhari approved the allocation of N969 billion for security In 2016, N1.06 trillion was allocated. N1.14 […]Read More
Nigeria has appointed 10 army chiefs to guard the nation against insecurities since the handover into democratic governance in 1999 till date. The Chief of Army Staff (COAS) is the highest ranking military officer of the Nigerian Army. This position is often occupied by the most senior commissioned officer following the appointment by the president […]Read More
President Muhammadu Buhari signed a Coronavirus Disease Health Protection 2021, which mandates the use of face masks in public places, among other measures. The new regulations were in exercise of the powers conferred on him by Section 4 of the Quarantine Act, Cap. Q2 Laws of the Federation of Nigeria 2010. The regulations are: It […]Read More
Nigeria’s corruption index has worsened, following the latest report by Transparency International’s 2020 Corruption Perception Index which ranked Nigeria 149th out of 180 countries surveyed. In 2018, TI ranked Nigeria 144th out of 180 countries. This, however, dropped by three steps to 146th in 2019. In its latest report, Nigeria scored 25 out of a possible […]Read More
Nigeria, in the third week of 2021, recorded a total of 11,177 cases of COVID-19, the highest weekly record since the beginning of the year. On average, the country had over 1500 daily records of cases between January 15th and January 21st, 2020. According to Nigerian Center for Disease Control, the country had recorded a […]Read More
A report by the National Bureau of Statistics shows that the average price spent on transportation increased in December 2020. This increase might not be unconnected to the yuletide season which usually comes with the high cost of goods and services. The Transport Fare Watch report covers the categories including bus journey within the city […]Read More
The Federal Government has said about 24.3 million poor Nigerians would get N5,000 each for a period of six months. This translates to about 29.3 percent of 82.9 million poor Nigerians receiving a total of N729bn within the six-month period. The announcement was made by the Minister of Humanitarian Affairs, Disaster Management and Social Development, […]Read More
In the second week of the new year, reported cases of COVID-19 surpassed 9000 with an average record of 1360.5 cases reported in a day. The total number of cases reported between 8th of January and 14 of January 2021 is 9524. The highest daily record was 1585 cases on Saturday while 1024 cases were […]Read More
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