2023 Budget: 10 Ministries Share 29.6 Percent of the Total Expenditure
N6.46 trillion of the approved N21.83 trillion 2023 budget is split amongst 10 ministries. This means that these ministries got 29.6 per cent of the total budget.
N6.46 trillion of the approved N21.83 trillion 2023 budget is split amongst 10 ministries. This means that these ministries got 29.6 per cent of the total budget.
The National Bureau of Statistics reported that Nigeria’s inflation rate in December 2022 was 21.34%. The headline inflation rate dropped by 0.60%, marking Nigeria’s first decline in inflation in 11 months.
According to the recently released data by the National Bureau of Statistics, the transportation and storage sector was the fastest-growing sector in the economy in Q3 2022.
In 2022 there were several outbreaks of infectious diseases across the country. Among these diseases are cholera, monkeypox, Lassa fever and COVID-19. While some of these diseases were easy to control, others posed real challenges to healthcare workers and spiralled out of control in some cases.
The presidential pardon which is a component of executive power is backed by section 175 (1)(a) of the 1999 Constitution of the Federal Republic of Nigeria (as amended).
An avalanche of defections have hit the Nigerian political system in the last decade, mostly movements between the People’s Democratic Party (PDP) and the All Progressive Congress (APC) which are the two major parties in Nigeria.
Neonatal disorders are the main causes of death in Nigeria, neonatal disorders are responsible for 12.25% of neonatal deaths. Malaria follows as the second leading cause of death with 12% of total deaths in Nigeria.
The percentage of voter turnout in the 2019 election stood at 35.66 % with a total of 84 million registered voters and a turnout of 28.6 million.
Total capital importation in 2021 stands at $6,700 million. The value of total capital importation in Q4 appears to be the highest in 2021 although total capital importation in 2021 decreased by 30.6% compared to 2020 when total capital importation stood at $9,656 million.
Nigeria currently has 2.182 million Internally Displaced Persons (IDP) a reduction from the 2020 figure of 2.37 million which was the second highest number of IDPS since 2013. The highest number of IDPs was recorded in 2013, with a total of 3.3 million persons.
Nigeria has qualified for the FIFA world cup six times out of a total of 21 world cup tournaments.
Sweet potato, beans (black eye), tomato, beans (brown) and groundnut oil are the 5 food items with the highest year on year change.
World tuberculosis day is usually celebrated on the 24th of March of every year, and its aim is to build public awareness and eliminate the disease. This year’s theme is ‘Invest to End TB. Save Lives’, which is aimed at increasing investment towards the eradication of tuberculosis.
The usage of fertiliser is related to crop growth, fertiliser speeds up the growth process and enables higher production. Agriculture currently accounts for 20% of Nigeria’s total GDP and has the capacity of becoming the leading source of income in Nigeria. Low usage of fertiliser is one of the major problems of the agricultural sector.
Nigeria ranks 47th among the world’s top exporters and ranks 50th world’s top importers.