In 2019, it was reported that 30 houses were demolished in the Mpape community in Nigeria’s Federal Capital Territory. In August 2021, houses were also destroyed in the Iddo area of Abuja for violation of the capital city’s master plan.
On the 23rd of January, the media reported a coup in Burkina Faso. The leaders of the coup blamed poor funding to fight against terrorists in the country as a reason for the coup
President Muhammadu Buhari, in a recent interview, asked that Nigerians should return to farms. This is not new as the President has often advocated for farming especially encouraging Nigerian youths to go back to the Agricultural sector.
A statement by the Economic and Financial Crimes Commission (EFCC) has revealed that it recovered One hundred and Fifty-two billion Naira (N152,088,698,751.64) in 2021.
The South Eastern part of Nigeria comprises five states; Ebonyi, Enugu, Imo, Anambra and Abia. For many months now, the region has been battling with a crisis strengthened by agitation for secession.
A Dataphyte review of the Medium Term Expenditure Framework has revealed that Nigeria will borrow N14.8 Trillion between 2022 and 2024. According to the document, the projected figure for 2022 stands at N4.89 Trillion. This is further broken into domestic borrowing of N2.44 Trillion and N2.44 Trillion for foreign borrowing.
Details of the approved 2022 budget have shown that the country will spend the sum of N177.33 billion on Population and Housing Census in 2022.
Ebonyi State is one of the five Southeastern states in Nigeria and like all of the region, sectional agitations, conflict, and violence are the issues that have taken centre stage. However, before these challenges, states in the southeastern region have long faced development deficits.
President Muhammadu Buhari has signed the 2022 budget. The revised budget is N17.1 Trillion from an initial N16.4 Trillion presented to the National Assembly. The additional changes, driving up the budget figures, were done by the National Assembly.
Details in the final copy of the 2022 budget of the country have shown that over 22 per cent will be spent on debt servicing.
Nigeria has released a National Development Plan, designed to shape the country’s development between 2021 and 2025.
The Ebonyi State government in Nigeria budgeted Twenty Million Naira each in 2018 for the building of teachers’ quarters in about 40 select schools across the state. Dataphyte went to six project locations using contract data published on Ebonyi State’s Bureau of Public Procurement open Contracting portal.
Nigerians will now pay 7.5% Value Added Tax on Facebook and Instagram adverts from January 1st, 2022. The social media company announced that as a result of the regulation of the Nigerian government, all advertisements on the platform whether for personal or business purposes will be subject to a 7.5% Value Added Tax.
.webp)
Africa’s most populous country, Nigeria, has been at the centre of several challenges, from economic to security, which has had an effect on its socio-economic well-being.
The Buhari led administration has again announced plans to remove petroleum subsidies from 2022. This development has elicited different reactions across the country.
