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The Conditional Cash Transfer (CCT) program benefited 784,176 people in 2020, according to the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development. Beneficiaries are spread across 24 of Nigeria’s 36 states. Enugu, Ebonyi, Abia, Bayelsa, Delta, Borno, Edo, Lagos, Ogun, Zamfara, Ondo, and Kebbi were among the states that did not benefit from the program.
Personal Income Tax (PIT) or residency tax remains the primary source of income for state governments. This source forms most of the state governments’ revenue annually. In five and a half years (2016 to half-year 2021), out of the N5.964 trillion generated, PIT summed up to N2.833 trillion, making up 47.5% of the figure.
The foreign trade statistics report released by the National Bureau of Statistics in December shows that there is a 1% increase in exported goods between Q2 2021 and Q3 2021 and a 10.43% increase in total trade. Q2 2021 saw a total import estimated at 8.2 trillion and the total export trade was 5.1 trillion. In Q3 total export trade was 5.13 trillion and 8.15 trillion goods were imported in the Q3. The Q3 export figures show a 1% increase in export trade of the country.
The National Agency for the Control of Aids (NACA) noted in the recently released Social Statistics Data 2020 of the National Bureau of Statistics that these states have the least knowledge of HIV prevention in Nigeria.
President Muhammadu Buhari was 79 yesterday. Since winning the 2015 Presidential elections and again in 2019 he has now celebrated 7 birthdays as President.
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.
There are strong indications that Telecoms contribution to Gross domestic Product in the last quarter of the year 2021 (Q4) will be more than 12.45%.
These states have the highest laterite production in 2020, according to NBS data on mineral production statistics. Adamawa state produced more than 1.6 million tonnes, making it the state with the highest output among the 23 states. With a total of 1.4 million and 877 thousand tonnes, Cross River and Kano are second and third, respectively.
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According to NBS, these states have the highest mineral production. Kogi comes first with a total of over 12 million tonnes, Ogun and Rivers state come second and third with a total of 12 and 8 million tonnes each.
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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.
Despite the drop in food inflation in October, nominal prices of food items continue to rise. An NBS sample of 43 food items across the country shows that 37 experienced price increases while just 6 dropped in price in October compared to September.
In 2021, the situation got darker as a total of 42 journalists died while 293 journalists were jailed for doing their jobs within the year.
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These are the top 15 top import traded products for Q3 2021 according to the recently released report for Foreign Trade in Goods Statistics for Q3 2021.
NBS released the report for Foreign Trade in Goods Statistics for Q3 2021. According to this report, these are the top 15 export traded products in Q3 2021.
Two separate reports by the Action Group on Free Civic Space (AGFCS) have revealed how the Nigerian government has overtime used the excuse of fighting terrorism to further encroach on civic space in the country.
