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Cars lead in road traffic crashes, while luxury bus accidents surge by 466.7% over four years
  • Cars were involved in the highest number of road accidents, recording 665 cases over the four-year period.
  • Luxury buses and bicycles recorded the highest quarter-on-quarter (QoQ) growth in accident involvement.
  • Tankers, cars, and motorcycles saw the sharpest QoQ declines, with accident rates falling by 47.2%, 30.6%, and 24.7% respectively.

Comoros topped Schengen visa rejection rates in 2024 with 62.90%, despite Algeria leading globally by total denials of 185,101
  • Comoros leads with a striking 62.8% rejection rate, the highest not just among African consulates, but also the global consulate countries

  • Guinea-Bissau, Senegal, and Nigeria follow with rejection shares between 45% and 47%.

  • Despite having one of the highest total visa rejections globally, Algeria does not appear in this chart, as its rejection share is comparatively lower.

  • Countries with smaller applicant pools tend to have higher rejection rates, shedding light on access disparities and approval scrutiny in consulate processes.

In 2024, Algeria had the most Schengen visa rejections of any country. Right behind it were India and Turkey
  • Algeria recorded the highest number of Schengen visa denials in 2024, with 185,101 applications not issued, representing 35.0% of its total requests.
  • Six countries out of the top 15 global consulate countries with the highest visa denials were from Africa -Morocco, Nigeria, Egypt, Senegal, Tunisia, and Algeria.
  • Nigeria, Senegal, and Pakistan showed alarmingly high rejection rates, each with over 45% of visa applications refused.
  • Collectively, over 1.7 million Schengen visa applications were not issued worldwide in 2024.
  • European consulates located in African and Asian countries made up a significant share of the rejections.

Nearly 30% of road accidents recorded in Nigeria between Q3 2020 and Q3 2024 occurred in FCT, Ogun, and Nasarawa
  • FCT, Ogun, and Nasarawa consistently rank as the top three states with the highest number of road accidents.

  • The FCT recorded its peak accident figures in 2022, particularly in Q2 (842 cases) and Q4 (864 cases).

  • In Q2 and Q3 of 2024, Ogun State surpassed the FCT in the number of reported accidents.

  • Across these three states, there has been a notable decline in accident numbers, with an average decrease of approximately 37.6% between Q2 and Q3 2024.

Private universities dominate Nigeria’s higher education sector, accounting for 53% of all universities in Nigeria
  • Private universities in Nigeria outnumber federal and state institutions combined.
  • Nigeria has 159 private universities, more than double the number of federal universities.
  • Federal universities stand at 72, showing steady federal government investment in tertiary education.
  • State-owned universities number 66, slightly fewer than federal universities but forming a significant part of public education.

Over the four-year period from Q3 2020 to Q3 2024, road accidents in Nigeria declined by 53%
  • Road accidents declined by 53% between Q3 2020 and Q3 2024.
  • Q4 2022 recorded the highest number of accidents, with 4,835 reported cases.
  • Q3 2024 had the lowest number, with just 1,945 accidents.
  • Speed violation remains the leading cause of road accidents in Nigeria.
  • Ogun, FCT, Kaduna, and Nasarawa consistently rank among the top four states with the highest accident occurrences.
  • Bayelsa, Borno, Imo, Rivers, and Akwa Ibom regularly report the lowest number of accidents each quarter.
  • Commercial vehicles are the most frequently involved vehicle category in accidents.
  • Cars account for the highest number of individual vehicle accidents.

Over the four-year period from Q3 2020 to Q3 2024, the FCT recorded the highest number of road accidents, totaling 8,133 incidents
  • The Federal Capital territory (FCT) recorded the highest number of road accidents between Q3 2020 and Q3 2024, with a total of 8,133 accidents, accounting for 12.42% of total accidents.
  • FCT, Ogun, Nasarawa, and Kaduna consistently ranked among the top four states with the highest accident occurrences.
  • Bayelsa, Borno, Akwa Ibom, Rivers, and Imo were among the states with the lowest number of recorded accidents each quarter.

After its peak ($8.9b) in 2011, Nigeria's FDI declined almost every year to its lowest ($780m) in 2018, a 91% decline
  • FDI inflows peaked in 2011 at $8.91 billion, the highest in the 35-year period.
  • Between 2005 and 2012, Nigeria saw a sustained boom in FDI, with seven consecutive years above $4 billion.
  • In 2018, Nigeria recorded its lowest FDI inflow in decades at just $0.78 billion.
  • By 2024, FDI stood at $1.08 billion, down 88% from its 2011 peak, reflecting declining investor interest or changing investment climates.

The South West got ₦1 back for every ₦3.60 in VAT, while the North West received ₦2.60 for every ₦1 contributed
  • The South West generated ₦929.86B, over half of Nigeria’s total VAT, but received only ₦258.19B, amounting to ₦1 back for every ₦3.60 contributed.
  • The North West contributed just ₦68.05B but received ₦176.73B, meaning it got back ₦2.60 for every ₦1 generated.
  • The South South, the second-highest contributor at ₦364.99B, got back ₦171.18B, just ₦1 for every ₦2.13 generated.
  • The three southern zones together contributed ₦1.32 trillion in VAT, nearly 90% of the national total, but received less than half of it back.
  • Zones with the lowest generation (North East and South East) received 3 to 4 times their contributions.

Lagos generated ₦819.6 billion in VAT in Q1 2025, nearly triple Rivers and more than 10 times any other state
  • Lagos led the nation with ₦819.62B VAT, over 45% of the total generated by all 36 states combined.
  • Rivers followed distantly with ₦278.23B, around 34% of Lagos’s VAT haul.
  • Only five states (Lagos, Rivers, Oyo, Bayelsa, Kano) generated over ₦21B in Q1 2025.
  • 22 states generated below ₦10B, with 13 of them earning less than ₦6B in VAT.
  • Northern states like Katsina (₦5.96B), Yobe (₦5.81B), and Kebbi (₦5.13B) trail significantly in VAT contributions.
  • Abia, Cross River, Imo, and Taraba sit at the bottom, each with under ₦3B in VAT returns.

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