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Some experts defended the 2021 Appropriation bill’s reliance on debt, noting “time will justify the borrowings.” Well, the question on our minds is how time could justify a ₦676.3 million sitting and honorarium allowance to the presidency.
For today’s Numbers To Ponder, DATAPHYTE takes a critical look at how Nigeria plans to fund research-based policy decisions with a meagre N111.2 billion in 2020 budget. We are also sharing details about Akwa Ibom 2020 budget cut, FG’s performance-based grant to 24 states, and other figures for you to ponder.
My trip from the FCT to the Southwest last December was largely uneventful. A day before, I had called Akeem, a trusted cab driver, to pick me up at my residence at 5 am the next day so that I could join the first vehicle leaving Abuja for Ile-Ife, which was my destination. Ordinarily, at 5 am, I could have easily hailed a cab just a few metres away from my residence but of the series of security reports on the escalating growth of petty and violent crimes in Abuja made me choose the more costly alternative.
