Internally Generated Revenue by Nigerian States from 2007 to 2020 From 2007 to 2020, Lagos’ IGR surpassed all other states even when there was a reduction in growth rate. In 2010 and 2015, the yoy (year-on-year) growth rate of Lagos’ IGR reduced. Most Nigerian States generate less than 50bn Naira revenue annually; only…
Company Income Taxes In 2020, Company Income Taxes fell to 2018 levels just after picking up from the 2016 dip. Both 2016 and 2020 were years Nigeria’s economy fell into recession. Professional Services and Banks & Financial Institutions are the sectors that contribute the highest income taxes. However, in 2020, Other Manufacturing was the second…
One Year After – COVID-19 in Nigeria In late February of 2020, the first case of #Coronavirus was confirmed in Nigeria. In June 2020, the highest number of monthly cases was reported. Mortality rate is the rate of deaths per confirmed cases. While mortality rate has been the highest in April and…
Life Expectancy in Africa Of the three most populous countries in the continent (Nigeria, Ethiopia and Egypt), Nigeria is the only country with life expectancy below 50 and below the continent’s average. Within North Africa, Sudan has the lowest life expectancy. However, North African countries have the highest life expectancy numbers in the continent. Of…
Telco Performance in Nigeria -Year 2020 MTN had the highest number of subscribers from January to December. In July, Airtel overtook Globacom as Number 2 in the market. 11 Years of Subscriber Performance In 2017, there was a decrease in the total number of subscribers over a ten-year period Despite the effect of lockdown in…
Human Trafficking in Nigeria Nigeria is a source and destination route for human trafficking within Africa. Within Africa and the world, Nigeria has one of the highest number of detected trafficking victims. The victims are trafficked for illegal sex work, child labour and other domestic work. Form children to adults, human trafficking occurs through deceit…
Intra-Africa Trade The AfCFTA (African Continental Free Trade Area) was launched on January 1, 2021 after some setbacks (e.g. COVID-19 interruption in 2020). The agreement was signed to remove barriers and encourage trade within Africa. This analysis looks at the volume of trade and relationships amongst African countries. Note: Countries not featured do not meet…
The Nigerian Government (in partnership with the World Bank) introduced the National Cash Transfer Programme in 2016 to serve as social safety nets and social protection system in Nigeria. A monthly stipend of N5,000 is released to the poorest and most vulnerable Nigerian households, mostly in rural communities. By November 2020, 1,290,494 households…
Air Passenger Traffic in Nigeria Before the pandemic, there were annual increases in both local and international travel – air travel had almost hit a total of 18 million passengers. In 2012, the Federal Government approved contracts to remodel the Nation’s Airports – the international terminals at Lagos, Kano, Abuja, Port Harcourt and Enugu…
1. International Passports Though every Nigerian can get an international passport from birth, from age 6, every applicant is required to appear at the chosen Immigration Office for photograph and biometric data capturing. 2. Banks – BVN Though children can have bank accounts, they are classified as minors till they are 18. Bank…