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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.
Complaints of violations to the National Human Rights Commission included sexual and gender-based violence, women and gender rights, child rights, right of the aged, judiciary rule of law and access to justice, freedom/liberty of persons, right to life, freedom of religion, law enforcement, and human dignity, quality of rights, labor rights, freedom from discrimination, Niger Delta and environments and others.
It has become a norm for Nigerian students to expect to spend more than their course duration in tertiary institutions due to ASUU strikes. According to a report by Punch, the Academic Staff Union Of Universities (ASUU) has spent over 4 years on strike since 1999.
Valentine’s Day, celebrated every 14th of February, is a day dedicated to celebrating love and friendship with family, friends but especially between lovers.
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.
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.
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According to a report by Dataphyte, voter turnout in 2019, the lowest so far since the start of the 4th Republic, is the lowest turnout ever recorded in Africa.
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.
A total of 9.04 million pupils benefited from the National Home Grown School Feeding Program (NHGSFP) in 2020. There is a slight decrease in the number of NHGSEP recipients from 9.47Million in 2019 to 9.04Million in 2020.
Capital importation totaled $1.73 billion in Q3 2021. Financing ranked highest, bringing in investments worth 469.17 million and making up 27.1% of the total capital importation for Q3 2021.
Nigeria has spent over 10.3 trillion naira on fuel subsidy between 2006 to 2019. Fuel subsidy is aimed at lessening the burden of the cost of fuel on Nigerians.
Nigeria’s score in the just released 2021 CPI is the lowest it has had in 7 years but it is not the lowest it has ever scored in the 26 year history of the index.
Nigeria has one of the largest out-of-school children figures globally. The country ranks 5th with 10.19 million out-of-school children. This figure accounts for 34% of the total children population in the country.
Debt servicing burden means that few funds are left to meet other liabilities of the FG, which resulted in more borrowing to finance expenditure as up to 38% of the 2022 budget is financed by loans.
After an eight-month steady decline, Nigeria’s inflation rate picked up in December 2021. Though the increases were marginal, it ended the reign of the season of decline.
