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President Tinubu has been outside Nigeria for 237 days since May 2023, about 24% of his total time in office so far
  • President Tinubu has spent 237 days (about eight months) abroad since 2023.
  • France alone accounts for 89 days, making it his most-visited country.
  • The UK ranks second with 28 days.
  • The UAE, Brazil, and Saudi Arabia feature prominently.
  • Asia is well represented by China, India, and Japan, indicating growing engagement with Eastern economies.
  • Several African countries appear on the list, showing continued regional diplomacy.
  • Most countries recorded fewer than ten days, suggesting many short, targeted visits.

Nigeria’s budget for security tilts heavily toward ground forces, with the Army taking the most significant share
  • The Nigerian Army is allocated ₦1.5 trillion, surpassing the ₦1 trillion mark and making it the highest-funded force in the proposal.
  • Police formations and commands receive ₦1.3 trillion, exceeding the ₦ 1 trillion threshold in the 2026 budget.
  • The Nigerian Navy’s proposed allocation stands at ₦443.9 billion, keeping it well below the trillion-naira range reached by the top two.
  • The Nigerian Air Force is allocated ₦407.2 billion.

Rwanda leads Africa's rule of law rankings for the fourth year in a row, with a score of 0.63 out of 1 in 2025
  • Rwanda leads Africa with a rule of law score of 0.63, ranking 39th globally.
  • Namibia, Mauritius, and Botswana also place within the global top 50.
  • Senegal and South Africa are next, both scoring 0.56 in 2025.
  • Nigeria ranks 120th with a score of 0.41, below the regional average.
  • The Index evaluates justice, corruption, accountability, and fundamental rights.
  • A strong ranking reflects effective governance and respect for citizens’ rights.

Lagos and Rivers have dominated Nigeria’s revenue rankings since 2008
  • A total of ₦20.45 trillion in Internally Generated Revenue (IGR) has been recorded nationwide since 2008.
  • Lagos State generated ₦1.26 trillion in 2024, maintaining its position as the top revenue-generating state.
  • For five consecutive years, Yobe and Taraba have consistently ranked among the bottom five states in revenue generation.
  • FCT IGR records began in 2018.
  • Enugu State recorded a remarkable 433.03% year-on-year increase in 2024.
  • Ebonyi (–57.27%), Ondo (–24.70%), and Yobe (–0.99%) were the only states that experienced a decline in IGR in 2024.

A 64-page passport now costs ₦200,000, almost triple the minimum wage of ₦70,000
  • The cost of a 64-page Nigerian passport increased from ₦70,000 before September 2024 to ₦200,000 by September 2025.
  • A 32-page passport rose from ₦35,000 before September 2024 to ₦100,000 by September 2025.
  • The minimum wage only rose once within this period—from ₦30,000 to ₦70,000 in September 2024.
  • In 2025, the 64-page passport costs nearly three times the minimum wage.
  • Affording a passport now requires significantly higher financial sacrifice, particularly for low-income earners.

Internally Generated Revenue (IGR) constituted 61% of Lagos State’s Q1 2025 total receipts
  • Internally Generated Revenue (IGR) accounted for 61% of Lagos State’s Q1 2025 receipts.
  • VAT was the second-largest funding source, contributing 22%.
  • Loans made up 8% of total inflows for the quarter.
  • Opening balance accounted for 4%, indicating a moderate carryover from the previous year.

Muhammadu Buhari’s economic legacy in charts
  • Inflation jumped by 13.4 percentage points, from 9.0% pre-Buhari to 22.4% post-Buhari.
  • The value of the naira] depreciated by over 235% during Buhari’s tenure, ending at ₦645.2/$.
  • Total public debt increased nearly 7x, from ₦12.6 trillion in 2015 to ₦87.4 trillion in 2023.
  • Nigeria’s GDP growth rate averaged just 1.24% annually between 2015 and 2023.
  • Foreign reserves peaked at $44.5 billion in 2018 but dropped to $38.3 billion by 2023.
  • FDI inflows showed volatility, with the highest being $3.5 billion in 2021 and the lowest at $0.8 billion.
  • Nigeria's GDP growth rate was modest, with the country experiencing a recession in 2016.

29 women led central banks around the world in 2024, more than double the number in 2018, when there were just 14
  • The number of female central bank governors rose from 21 in 2014 to 29 in 2024, a 38% increase over the decade.
  • The lowest point was in 2018, with just 14 female governors, marking a 33% drop from the 2014 figure.
  • A rebound began after 2018, with consistent annual growth from 2020 onwards, peaking in 2024.
  • The number remained under 20 for six consecutive years (2015–2021) before breaking past that mark again in 2022.

Nigeria has the lowest female national parliamentary representation in Africa, with only 4.3% female representation
  • Rwanda leads Africa in female parliamentary representation with 61.3% women in its national legislature.
  • Nigeria has the lowest representation of women in parliament across the continent at just 4.3%.
  • South Africa and Cabo Verde also boast high female parliamentary shares, with 44.7% and 44.4% respectively.
  • Four of the top 10 countries have more than 40% women in their national assemblies.
  • Only five countries in the bottom 10 have over 10% female representation.
  • The gap between the top and bottom countries is massive: a nearly 57-percentage-point difference between Rwanda and Nigeria.

Women-led businesses in Africa receive only a fraction of available capital despite high entrepreneurship rates​​
  • Women-led businesses in Africa raise significantly less funding than male-led counterparts. In 2017, female-led startups secured only $1 for every $25 raised by male-led startups, and this disparity persisted through 2024.
  • Despite making up 26% of all entrepreneurs in Africa, women receive less than 10% of total investment capital.
  • Women in Africa face structural financing challenges, including limited collateral, fewer investment networks, and biases in lending decisions.
  • While some countries have introduced financial inclusion programmes, overall access to credit for women remains disproportionately low.
  • The rise of women-focused venture funds, such as WIC Capital and Janngo, signals a slow but emerging shift towards more equitable funding distribution.
  • If this trend continues, Africa risks stifling economic growth by not fully leveraging the entrepreneurial potential of women-led businesses.​​

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