Over the past two decades, remittance inflows have become a critical pillar of Nigeria’s economy, growing from just $1.39 billion in 2000 to over $19 billion annually in recent years. This 23-year journey reflects not only Nigeria’s deep diaspora engagement but also the economic dependence of many households on foreign transfers.
The year 2018 marked a milestone, with remittances hitting an all-time high of $24.31 billion, underscoring the strength of global Nigerian networks. However, this was followed by a significant dip in 2020, when inflows dropped by 27.7% due to the COVID-19 pandemic’s global disruption. Despite this, Nigeria’s remittance figures have bounced back and held steady above $19 billion in the last three years, demonstrating the diaspora's continued economic support in the face of global uncertainties.
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.