In the first nine months of 2024, 29 Nigerian state governors collectively spent N1.994tn on recurrent expenditures, including refreshments, allowances, travel, and utilities, while facing significant revenue shortfalls, according to findings. The states secured loans totaling N533.29bn and allocated N658.93bn to debt servicing but failed to meet their internally generated revenue (IGR) targets. They generated … Read more
Rising Food Costs Plague Nigerian States Economic Hardship Deepens Across the Nation NBS Report Unveils Shocking Disparities Eko Hot Blog reports that the latest National Bureau of Statistics report has unveiled a grim reality. “The situation is dire, and families are struggling to put food on the table,” a government official stated. Editor’s Pick Admiring … Read more
Nigeria, an African country on the Gulf of Guinea, has many natural landmarks and wildlife reserves. Protected areas such as Cross River National Park and Yankari National Park have waterfalls, dense rainforest, savanna and rare primate habitats. One of the most recognizable sites is Zuma Rock, a 725m-tall monolith outside the capital of Abuja that’s pictured on the national currency. Nigeria … Read more