You probably have seen the post, World ('diaspora') Remittances From 2010 which showed you countries that received the largest remittance from their citizens abroad in 2021.

Here's what has changed in a year:


https://www.youtube.com/watch?v=BK3_KUxTvp4

▪ Often called 'diaspora' remittances (the word, diaspora has some negative connotation but popularly used in Nigeria for Nigerian migrants) in the world, these ten countries have received the largest remittance from their citizens abroad in 2021:
1. India
2. Mexico
3. China
4. Philippines
5. Egypt
6. Pakistan
7. France
8. Bangladesh
9. Germany
10. Nigeria


 Nigeria and Egypt are the 2 African countries that consistently feature in the top ten. Nigeria used to receive more remittances than Egypt but from 2017, this changed. Egypt has been the 5th largest recipient of remittances in the world since 2017.

▪ From 2010 to 2011, Nigeria was the 5th largest recipient; from 2012 to 2015, Nigeria was the 6th; from 2016 to 2019, Nigeria was the 7th and in 2020, Nigeria finally dropped to the 10th place. Closely following Nigeria in 11th place is Ukraine ($18.1b), this could be attributed to the Russia-Ukraine conflict.

▪ Nigeria and Egypt had both been receiving above $20bn since 2017 but in 2020, Nigeria's remittance dropped to $17.1bn. According to the World Bank, countries that experienced scarcity of foreign exchange and multiple exchange rates witnessed decline in remittance inflows as flows went to alternate mediums where better rates were offered.




https://www.youtube.com/watch?v=wn-yby3mVEw

African Coaches at the FIFA World Cup �

▪ There are 5 African countries participating in the FIFA World Cup Qatar 2022™. Two (2) of these countries are from North Africa, another 2 from West Africa and 1 country from Central Africa.

▪African teams have participated in previous World Cup tournaments with 29 foreign coaches; 14 of these coaches are from France (the highest foreign appearance). This number represents the coach per tournament even if they coached African national teams 2 or more times.

▪ No country has ever won the World Cup tournament with a foreign coach.

▪ From the records, teams led by foreign coaches have conceded more goals when compared to indigenous coaches. Conversely, teams led by foreign coaches have scored more goals than teams led by indigenous coaches.

Read more of the analysis here.

Following our 2020 comprehensive review of ASUU strikes since Nigeria's independence, we published a 2022 update:

The 2022 ASUU strike is at the moment, the second longest strike in #Nigeria’s history; this has overtaken the 2010-11 strike of 180 days and the 2002-03 strike of 172 days.

By the end of 2022, the number of days lost to the strike will be 320 days, 45-46 days short of a full calendar year and one academic session. In months, the strike will be 6 months, 19 days on September 2; 8 months 18 days by November 1 and 10 months 17 days by December 31.

Gen Z (b 1997 – 2012) is gradually getting close to the Millennials generation (1981 – 1996) as the generation most affected by ASUU strike. The latter lost a total of 1039 days to these strikes. Gen Z has lost 920 days so far.


Source

https://www.youtube.com/watch?v=zgvVwoJzbxk


This short video shows how the number of universities in Nigeria grew from 1 university in 1948 (pre-independence) to 197. Today (September 2021), the number of private universities surpasses the total number of public universities in Nigeria (federal and state-owned). Private universities are 99 while public universities are 98 (federal universities are 45 and state universities are 53 as at the time of this publication).

Between year 2000 and 2010, the number of private, federal and state universities grew by 93%, 7% and 51% respectively.

Between year 2010 and 2020, the number of private, federal and state universities grew by 49%, 40% and 30% respectively.

Between year 2000 and 2020, the number of private, federal and state universities grew by 96%, 44% and 66% respectively.

https://www.youtube.com/watch?v=vo4VQ7yEa4Y



On December 9, 2020, the Nigerian Communications Commission (NCC) embarked on another audit of the Subscriber Registration Database again.

This announcement led to the suspension of registration and sale of SIM cards.

On April 19, 2021, the suspension and activation was lifted.

▪A debt-to-revenue (DTR) ratio measures how much of a State's income can be used to pay its debt. For every 1 Naira earned by a state, how much is used to pay its debt?

▪In 2020, only 3 states had a DTR of <1:1. These were Katsina, Sokoto and Jigawa.

▪Cross River State had the highest DTR of 4.8:1. As shown on the image, only 26% of its revenue can pay its debt.

▪ 20 states have 50% of theirt revenue matching total debt.

▪ ▪Lagos, Rivers, Kaduna, Delta, Akwa Ibom and Cross River states have the highest debt amounts respectively (above 200bn Naira). Lagos has the highest debt of 1.044 trillion naira. This is 18% of total debts owed by all States (except FCT).

▪In relative comparison, Lagos' debt is nearly the amount of the total debt owed by the next 4 States after it in the top 5 league.

▪Lagos' debt is nearly the amount of the total debt owed by the least indebted states - 13 States combined (except the FCT).

▪While Lagos has the highest debt profile, 51% of its revenue can match its debt.

▪If only the States' IGR were used to meet debt obligations, Lagos and Rivers are at 40% and 39% levels. This is followed by Oyo, Anambra and Ogun at 30%, 28% and 26% respectively. These states can pay part of their debt at these percentage levels.

▪ If only the States' IGR were used to meet debt obligations, Gombe and Adamawa are at the bottom at 5% and 6% respectively.

▪Most states (17 of them) can meet their debt obligations (>50%) using Federal Allocations (FAAC). Jigawa, Sokoto and Katsina come out tops at 132%, 96% and 88% respectively. This means that federal allocations help to shore up total revenue of states.

ProvisioDigital:

https://www.youtube.com/watch?v=vxS_wTPSnE8

MrSly:

what is the debt status lagos state. what exactly do they do with the whole money from IGR and loan combined, given their relatively small land mass?

What States Depend the most on Federal Allocations in relation to their IGR?

In Nigeria, election cycles run every 4 years. State governors can run for two 4-year terms. In 2011, elections were held in 26 states due to tenure completion of the remaining 10 states being different.

Political analysts often cite the first year in office for elected officers as the year of settling down in office; the second year for implementation of policies; the third year for consolidation and/or election preparation and the fourth year as election year. The 4th year could be handover or continuation of an administration.

Does politics and governance play a role in states' ability to generate IGR? Are political office holders able to maintain a progressive increase in revenue?

Conclusion: there is no consistent pattern of growth in yearly revenue by States.

⚠️Note: this #trend is only a year-on-year percentage change analysis based on the amounts generated by each state.

https://www.youtube.com/watch?v=vxS_wTPSnE8


▪From 2007 to 2020, Lagos' IGR surpassed all other states even when there was a reduction in growth rate.

▪In 2010 and 2015, the yoy (year-on-year) growth rate of Lagos' IGR reduced.

▪Most Nigerian States generate less than 50bn Naira revenue annually; only 6 States generated above this amount in 2020.

▪In 2016, Ogun joined the '50bn league".

▪In relative comparison, Lagos' IGR in 2020 is ~2.3x bigger than that of all North Central States combined.

▪Lagos' IGR is ~7.4x bigger than that of all North Eastern States combined.

▪Lagos' IGR is ~2.4x bigger than that of all North Western States combined.

▪Lagos' IGR is ~4.3x bigger than that of all South Eastern States combined.

▪Lagos' IGR is ~1.6x bigger than that of all South Southern States combined.

▪Lagos' IGR is ~3x bigger than that of all South Western States combined.

▪For its immediate neighbor, Ogun State, Lagos' IGR is ~8.3x bigger.

▪The 2016 recession did not reduce IGR for states but there was a general reduction in 2015. From 2014 - 2015, there was a negative growth in States' IGR

▪In 2020, another year of recession in Nigeria, there was a negative growth in States' IGR.

Note: FCT data not available until 2018. Ebonyi data not available in 2015.


Source

By December 31, 2020, if the current strike is not suspended, Nigeria will experience a total of 2041 strike days i.e. 5 years, 7 months and 3 days since the first strike was recorded in April 1973.
Whether it is called off this December or not, the 2020 ASUU strike is the longest ASUU strike in Nigeria's history.


Source