GandujeRoadGate: Three Years after Approval of N381m for 1KM Abandoned Road, Stonegate Denies Receiving Money …… Payment Voucher of N49m Raised …… Company is Registered, we only Changed Name, Says Contractor From Usman Bello Balarabe Further developments, claims and counterclaims have continued to trail last week’s report...

Nigeria Tops 169 Countries In Global Internet Poverty Index   Nigeria has the largest number of Internet poor people in the world, according to the Internet Poverty Index by the World Data Lab. According to the index, 47.39 per cent (103.02 million people) of Nigeria’s 217.37 million...

INVESTIGATION: How Ganduje Approved N110m to Non-existent Company for 1Km Road Project that has now been Abandoned  From Usman Bello Balarabe, Kano  A construction company to which Kano state governor, Abdullahi Ganduje, awarded a road contract in 2019 has been found to be non-existent. The state government...

Nigeria’s Non-oil Exports Decline By 39%   Nigeria’s non-oil exports have fallen by 39 per cent from N6.914tn to N4.194tn in10 years, according to an analysis of the National Bureau of Statistics’ Foreign Trade Statistics. Specifically, figures show that the N4.194tn non-oil exports recorded in 2021 is...

VAT Revenue Rises By 33% To N2.07trn   The National Bureau of Statistics (NBS) said the federal government generated N2.07 trillion as Value Added Tax (VAT) last year. This represents a 33 percent Year-on-Year (YoY) increase in VAT when compared to N1.55 trillion generated in 2020. Findings from...

Capital Importation Records $6.7bn, Suffers 30% Decline   The value of capital importation into Nigeria fell by 30.78 per cent from $9.68bn in 2020 to $6.7bn in 2021 according to data from the National Bureau of Statistics. In its ‘Nigerian Capital Importation’ report for the four quarters...