Economy How true is the claim Rivers State has never allocated less than 30% of its budget to education? Source 2021 Rivers State approved budget Short answer How true is the claim Rivers State has never allocated less than 30% of its budget to education? According to the Rivers State approved budget, in 2020 the sum of N49.471 billion was proposed for the education sector which represents 9% of the state’s total budget. In 2021, some N30.466 billion was allocated to education representing 6.7% of the state’s total budget. ... Back Full answer
Education How much does the Nigerian government allocate to education in a year? Source Ministry of Finance, Budget and National Planning - 2021 Budget Short answer How much does the Nigerian government allocate to education in a year? In 2021 the government allocated N1.13 trillion to the Education sector. This is 64.5% higher than the N686.8 billion allocated to the sector in the 2020 budget. ... Back Full answer
Economy #YouAsked Is Ghana the country with the highest number of mobile money users in Africa? Source The 2017 Global Findex database Short answer Is Ghana the country with the highest number of mobile money users in Africa? No. According to the World Bank’s latest Global Findex database, 73% of adults in Kenya had a mobile money account in 2017. In Uganda and Zimbabwe, the figure stood at about 50%.The share of adults owning a mobile money account in Ghana in 2017 was 39%. ... Back Full answer
Economy Is President Buhari's food and travel budget N3.2 billion? Source Budget Office of the Federation Short answer Is President Buhari's food and travel budget N3.2 billion? No. It is N550 million less. According to the president's 2020 budget, 2,526,899,156 (N2.53 billion) was budgeted for the president’s travel and transport; 1,751,296, 576 (N1.75 billion) for international travel and transport, 775,602,580 (N775.60 million) for local travel and transport and 98,306... Back Full answer
Economy What is Ghana's debt to gross domestic product? Source GhanaFact Fact Check: Mahama’s claim on Ghana’s debt-to-GDP ratio in a BBC interview Short answer What is Ghana's debt to gross domestic product? Ghana’s debt-to-GDP rose to 71% as of 30 September 2020, according to the latest figures from the Bank of Ghana. However, the International Monetary Fund forecasts the country’s debt-to-GDP ratio will drop or rise slightly to 74.7% of the GDP in 2021. ... Back Full answer
Economy Does Anambra state owe N200bn? Source Anambra State Debt Sustainability Analysis Short answer Does Anambra state owe N200bn? No. According to the government of Anambra State, as at 31 December 2020, it has a total of N85.197 billion in outstanding debt (N40.561bn external and N44.636bn domestic). ... Back Full answer
#YouAsked Economy Did the Oyo state Internally Generated Revenue (IGR) increase by 26.4% without additional tax? Source Internally Generated Revenue At State Level H1 2020 (Nigerian Bureau of Statistics) Short answer Did the Oyo state Internally Generated Revenue (IGR) increase by 26.4% without additional tax? Oyo state generated N17.7billion in the first half of 2020 which is higher than the N14 billion it generated during the same period of 2019. The total tax for the first half of 2019 was N10.8 billion while the total tax for the first half of 2020 was N5.98 billion. Its revenue in the first half of 2... Back Full answer
#YouAsked Economy Was fuel in Nigeria sold at N600 in 2013? Source Premium Motor Spirit (Petrol) Price Watch October 2020 (National Bureau of Statistics) Short answer Was fuel in Nigeria sold at N600 in 2013? The average price paid by consumers for petrol increased by 0.07% month-on-month from N161.06 per litre in September 2020 to N161.17 per litre in October 2020.... Back Full answer
Education Health Where does Zimbabwe rank based on the human capital the average child can expect to achieve? Source World Bank Human Capital Index Short answer Where does Zimbabwe rank based on the human capital the average child can expect to achieve? The World Bank’s Human Capital Index measures “the amount of human capital that a child born today can expect to attain by age 18”. It expresses this as a value between zero and one. An economy in which the average worker achieves both full health and full education potential will score a v... Back Full answer