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Nigeria to spend ₦873.8 bn on the 2027 general elections poll, 2.5 times the 2023 cost of ₦355.3 bn
  • The proposed 2027 election budget of ₦873.8 billion is the highest in Nigeria’s history.
  • The 2027 figure is 2.5 times higher than the ₦355.3 billion spent in 2023.
  • Election costs have increased every cycle since 1999.
  • Spending has grown from ₦32 billion in 1999 to ₦874 billion in 2027.
  • In dollar terms, the 2027 cost is estimated at about $625.9 million.
  • Nigeria has spent approximately ₦1.9 trillion—including the 2027 proposed cost—on elections since the start of the Fourth Republic.
  • Currency depreciation has influenced the dollar-equivalent fluctuations over time.

Lagos and Rivers stand as Nigeria’s most self-financing states
  • Rivers, Lagos, and Ogun lead the ranking, covering most operating costs from their own revenue.
  • Jigawa, Bayelsa, and Yobe are the most dependent on federal allocations, with internal revenue covering only a fraction of expenses.
  • Higher-ranked states demonstrate stronger economic resilience and better domestic revenue mobilisation.
  • Lower-ranked states need to grow internal revenue or reduce operating expenses to improve financial self-sufficiency.

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.

The Nigerian Army commands over half of Nigeria’s proposed 2026 defence budget, more than every other force combined
  • The Army has been allocated ₦1.50tn, more than half of the top-ten defence allocations, making it the backbone of Nigeria’s security spending.
  • The Navy (₦443.9bn) and Air Force (₦407.2bn) come next, but together they are far behind the Army.
  • Institutions like the Defence Intelligence Agency, Training and Doctrine Command, and Defence Missions receive meaningful but much smaller funding, reinforcing their support-role status.
  • The Defence Space Administration (₦37.3bn) is on the table, but its small size shows Nigeria is only cautiously stepping into cyber- and space-based security.

Finance, budget, and economic planning ministries command half of Nigeria’s 2026 top allocations
  • The Federal Ministry of Finance dominates with ₦16.78 trillion, accounting for nearly ₦1 in every ₦3 spent among the top ministries.
  • Combined, the ministries of Finance and Budget & Economic Planning control more than 50% of the listed allocations, underscoring the government’s focus on fiscal strategy and economic agenda.
  • The Works and Defence sectors rank third and fourth, reflecting continuous prioritisation of infrastructure development and national security.
  • Education and Health, while critical, receive smaller shares, signalling potential pressure points in human capital development funding

Mauritius ranks 15th globally, securing the number-one spot in Africa on the economic freedom index
  • Mauritius is the continent’s strongest performer by a wide margin, leading with a score of 75, and ranking 15th globally.
  • Botswana and Cape Verde are the only other African countries with a score close to 70, placing them within the global top 40.
  • Most of Africa’s top 15 countries score between 56 and 60, indicating moderate levels of economic freedom.
  • Even Africa’s highest performers trail global leaders, showing persistent gaps in rule of law, regulatory efficiency, and open-market conditions.

Presidential air fleet budget falls 15% after 2024 peak
  • Allocation declined by ₦290 m from ₦6.16bn in 2025 to a proposed ₦5.87bn in 2026.
  • The change represents a 4.7% year-on-year reduction in funding.
  • Despite the decline, allocations remain broadly flat, with no major expansion in 2026.
  • The 2026 figure is still a proposal, and actual funding figures may change after legislative review.

97% of businesses in Kogi are aware of Nigeria's 2025 tax reform, while 99% in Abia are not
  • Kogi entrepreneurs have the highest tax policy awareness in Nigeria (96.8%) in 2025.
  • Abia has the lowest awareness nationwide at just 1.4%.
  • Fewer than one-third of Nigerian states have awareness levels above 60%.
  • Major economic hubs like Lagos and Rivers have awareness below 50%.
  • Northern states dominate the top awareness rankings more than southern states.
  • Several states cluster around the 40–50% range, indicating partial reach.
  • States with low awareness risk lower compliance and higher friction during enforcement.
  • The gap between the highest and lowest states exceeds 95 percentage points, showing extreme disparity.

Incumbent governors in the PDP reduced from 16 in 2019 to 6 as of December 2025
  • APC increased its number of sitting governors from 19 in 2019 to 26 in 2025.
  • PDP saw a significant decline, dropping from 16 governors in 2019 to 6 by 2025.
  • APC’s share of governors rose from 52.8% in 2019 to 72.2% in 2025.
  • As of May 2023, after the 2023 general elections, 13 sitting governors were still members of the PDP, but by 2025, five of these governors had defected to the APC, one had defected to
  • Accord, and one lost an election in 2024 to the APC.
  • Smaller parties (APGA, NNPP, LP, and Accord) appeared intermittently, each holding a single governorship.
  • By 2025, Nigeria’s governorship landscape was the most one-sided in recent years, heavily dominated by the APC.

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