Nigeria’s Agricultural Sector Peaks in Q2 2021; Making Gains but Still Underperforming
Nigeria’s agricultural products exports made up only 2.67% of the total exports value for 2021 and this is the highest it has been for the last four years.
#ChartoftheDay: In 2020, Complaints on Liberty of Persons was 91% Unlawful Arrests and Detention
The right of freedom/liberty of persons is a central human right related to the critical aspect of a person’s freedom. The National Human Rights Commission (NHRC) received 45,280 complaints relating to freedom/liberty of persons, and complaints about unlawful arrests and detention were the highest received in that category, with 41,040 making up 90.6% of the total received.
Nigeria’s Capital Importation Increased by 26.4% in Q4 2021
Q4 2021 recorded the highest value for capital importation for the year as the country’s inflow increased to $2.19 billion. The total capital importation value into Nigeria for Q4 2021 at $2.19 billion made up 32.6% of the total capital importation value of the year.
Despite Potentials, Forestry Sector Lives in Shadow
The forestry sector in Nigeria has failed to live up to the expectation of the 2006 forestry policy.
#ChartoftheDay: Over 320,000 Nigerian Refugees in Neighbouring Countries
The number of Nigerians fleeing to neighbouring countries of Chad, Cameroon and Niger has been on an increase.
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Nigeria Exports Five Times More Raw Material in Q4 2021 than Q4 2020
Nigeria’s raw material export reached its highest point within the last four years in the third quarter of 2021.
#Chartoftheday : Total Company Income Tax Stood at N1.69 Trillion in 2021
The total company income tax received in 2021 was N1.69 Trillion. According to data from the Federal Inland Revenue Service (FIRS), the amount is 19.6% increase from 2020 total of N1.41 Trillion.
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#ChartoftheDay: Credit to Private Sector maintains Increase for 10 Years, rose by 13.4% in 2021
Credit is essential for economic development. Bank credits in Nigeria are loans granted by financial institutions solely to the private sector such as businesses and households by providing capital for new investments and enabling people to buy commodities.
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Over 5 in 10 Nigerians Fail to Report for Second Dose of COVID-19 Vaccine
As at 21st February 2022, only 6.9% of the eligible population have been fully vaccinated in Nigeria.
Cocoa Exports Account for Less than 1% of Nigeria’s Total Exports, Here is Why
Nigeria’s cocoa export dwindled in the last five years as the country’s export value of the product remained at its all time low over the past five years.
#ChartoftheDay: 21.4% of Nigerians faced Severe Food Insecurity between 2018-2020
The prevalence of severe food insecurity in Nigeria has been on a steady increase as the number of people affected rose from 11.9Million for 2014-2016 to 43 Million for 2018-2020 period.
#ChartoftheDay: Child Abuse Complaints Increased by 78.1% in 2020
A total of 212,480 child rights complaints were received in the year 2020, a marked increase in the number of cases from the 119,281 figure recorded in 2019.
#ChartoftheDay: Breast Cancer Tops Cancer Types in Nigeria
For many, especially in Nigeria, a cancer diagnosis is perceived as a death sentence and the financial burden of accessing care as well as the lack of facilities are faster killers than the cancer cells.
7 out of 10 children in Nigeria are not Fully Vaccinated by Age Two
Data from the Nigerian Demographic and Health Survey 2018 shows that 31% of children aged 12-23 months received all basic vaccinations. Indicating that only 3 out of every 10 children aged 12-23 months received all basic vaccinations.
#ChartoftheDay: Nigeria’s Current Account Balance Hit an all-time low of -$16.98 Billion in 2020
According to the World Bank, Nigeria’s current account balance stood at a deficit of $16.98Billion in 2020 compared to a deficit of $14.63 Billion in the previous year making the 2020 current account balance the lowest Nigeria has recorded in the last three decades.