Tags : Nigeria

IMF increases Nigeria’s 2021 Growth

The International Monetary Fund has increased Nigeria’s growth prospect to 2.6 percent and 2.7 percent for 2021 and 2022, respectively. This recent prospect is coming despite reducing the rate of global growth prospect due to the COVID-19 Delta variant. According to the October 2021 World Economic Outlook Report, the growth forecast for Nigeria was originally […]Read More

Nigeria Recorded N150.36bn Fiscal Deficit In April

According to figures obtained from the Central Bank of Nigeria’s April report on ‘Fiscal operations of the Federal Government, Nigeria recorded a fiscal deficit of N150.36 billion in April 2021. This is coming after aggregate expenditure of N559.67 billion and retained revenue of N409.31 billion was recorded. Part of the report read “Federation revenue rose […]Read More

How Accurately Is Suicide Portrayed In Nigeria?

Taiwo’s decomposing corpse was found hanging from his rusty brown coloured ceiling fan in his one-bedroom apartment in Igando, a suburb in Lagos Nigeria. A short note was found two days later by his devasted younger sister. “I am sorry but my country has failed me,” the note read. One in every 100 deaths worldwide […]Read More

‘27.4 Million Nigerians Earn Less Than N100,000 Per Annum’

The Socio-Economic Rights and Accountability Project has said that 27.4 million Nigerians earn below N100,000 per annum. It said the figure represented 48.9 percent of persons living in poverty in the country. It made the declarations at the launch of a report entitled: “The Ignored Pandemic: How Corruption in the Health, Education and Water Sectors […]Read More

South Africa, Namibia, Nigeria Top Global Unemployment Rates

According to a recent report published by Bloomberg, Nigeria has the third highest unemployment rate at 33.3 percent among a list of 82 countries. Nigeria comes behind South Africa which has the highest rate and Namibia. According to the report, South Africa’s unemployment rate rose to 34.4 percent in the second quarter from 32.6 percent. […]Read More

Nigeria Is 5th On World Bank’s Borrowers’ List

According to a financial statement of the International Development Association, Nigeria is the fifth highest borrower from the World Bank Group and among the 10 highest debt risk exposure globally. The report is contained in the Fiscal Year 2021 of the World Bank. Nigeria has borrowed $11.7 billion (about N4.816 trillion), the report said. The […]Read More

How Journalists Accessed COVID-19 Vaccination In Nigeria

This story is a result of Orodata’s Micro-Grant support to journalists to produce in-depth investigative and data-driven stories on thematic areas like Development, Healthcare, Covid-19, and Covid-19 Vaccine. After registering online for the COVID-19 vaccination in March 2021 as directed by the Lagos State Government, the Deputy Editor of NewDawn Newspaper, Charles Okogene waited to […]Read More

How Poor Funding For Research, Low Technology Contributed To Lack

This story is a result of Orodata’s Micro-Grant support to journalists to produce in-depth investigative and data-driven stories on thematic areas like Development, Healthcare, Covid-19, and Covid-19 Vaccine. “Nigeria Institute of Medical Research is surviving on international grant. There is no budgetary provision for NIMR. Majority of the things they are using are programmed and […]Read More

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INFOGRAPHICS: 2021 Supplementary Appropriation Bill

After a meeting at the Presidential Villa in Abuja, President Muhammadu Buhari has assented the 2021 Supplementary Appropriation Bill of N982,729,695,343 into law. This disclosure was made by the Senior Special Assistant to the President on National Assembly Matters, Mr Umar El-Yakub. El-Yakub said that the 2021 Supplementary Appropriation Act will largely focus on funding […]Read More

4,000 Nigerian Children Orphaned In 16 Months

The World Bank has said that between March 2020 and July 2021, an estimated 4,000 children in Nigeria were orphaned as a result of the impact of the COVID-19 pandemic. According to a statistical report released by the Bank experts at the Imperial College of London. The report also revealed that over 4,100 Nigerian children […]Read More