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Nasarawa State spent 30 percent of its agricultural expenditure of N1.31 billion on capital items. Kwara and Kogi states spent less than 15 percent of their total agriculture expenditure on capital items. In Kwara State, only 14 percent of N622 million earmarked for expenditure went to capital items.
Of the three sectors reviewed, agriculture is the only area where Rivers spent more than it budgeted on capital projects. The state had a capital to recurrent ratio in the agriculture sector of 22 to 88 percent.
Dataphyte Research’s analysis of election trends since 1999 till date projects Senator Bola Tinubu to win Nigeria’s 2023 presidential race, except the majority of the people suddenly begin to consider the capacity of elected persons to deliver socioeconomic benefits to their constituents.
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As the 2023 election approaches, Dataphyte is chronicling the performances of state governors seeking re-election and those who will complete their second terms in May 2023.
With 15 days to Nigeria’s 2023 general election, politicians across different political parties have continued to suffer various forms of attack, Dataphyte’s findings have shown.
#DailyDataCard: Nigeria’s mobile subscriptions for telecommunication services
In the South-East region, while Anambra, Ebonyi, and Imo states spent fair shares of their budgets on capital items, Enugu and Abia states spent virtually nothing on capital projects as all expenses went to recurrent issues.
About N160.38 billion earmarked for education development has remained unspent in five years despite a huge infrastructural deficit in the sector.
The current cash shortage will likely lead to a drop in Nigeria’s gross domestic product (GDP) growth in the first quarter of 2023, according to analysts.
An analysis of the 2022 budget performances of North-East states shows that the agricultural sector fared poorly across the region.
The Central Bank of Nigeria (CBN) says that one of the many reasons for naira redesign is to mop up excess liquidity in the Nigerian economy.
Nigeria’s 36 states (except the FCT) will spend N11 trillion in the 2023 fiscal year. This represents budgets approved by the 36 states’ legislative houses.
He emphasised that distribution, content, and research were impacting how digital disruptions shaped media and communication. Where and to whom people turned for information was being distorted by digital technology, and tools such as artificial intelligence, podcasts, and substack were democratising the field, he noted.
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Never mind that the government has extended those 3 costly queues of January into February – the Naira queue till February 10, the PVC queues till February 5, and the fuel queues reserved for forever.
An analysis of three selected sectors – education, health, and agriculture – shows that Gombe performed better than other states in the North-East region in the 2022 budget performance.
