Economy
Fact Guage:
Economy
Manipulated video falsely shows Peter Obi miscalculating Ghana’s health budget
A VIRAL video circulating on social media claims to show Peter Obi, the Labour Party’s 2023 presidential candidate and the 2027 presidential candidate of the...
Business
EXPLAINER: What 2027 electricity subsidy phase-out means for Nigerians
Nigeria’s electricity sector is heading for another major policy shift, with the Federal Government targeting 2027 for the phase-out of electricity subsidies and a...
Economy
Peter Obi did not head Nigeria’s Securities and Exchange Commission under Jonathan
A VIRAL post on X (formerly Twitter) by user @AmodaOgunlere claimed that Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC) and former...
Economy
Viral chart falsely inflates Nigeria’s extreme poverty data
A race chart circulating on social media claims to show a data breakdown of the number of people living in extreme poverty by country...
Economy
Viral post falsely claims South-West states, Kwara lack cocoa plantations
A POST circulating on social media claims that South-West states, including Oyo, Osun, Ekiti, Ondo, and Ogun, alongside Kwara State, have no cocoa plantations.
The...
Economy
Reno Omokri makes false claim about Nigeria’s debt reduction under Tinubu
Nigeria’s ambassador-designate to Mexico, Reno Omokri, has claimed that Nigeria’s total public debt has significantly dropped under President Bola Ahmed Tinubu’s administration.
Omokri, who said...
Business
No, Tinubu government has not introduced new fuel tax starting January 2026
A claim that under a new tax law, Nigerians would pay N500 as tax on every 10,000 spent on fuel has been circulating on...
Economy
Did IMF COVID-19 loan force Nigeria to remove fuel subsidy, devalue naira?
A claim that Nigeria removed fuel subsidy and devalued its currency as part of the conditions for the International Monetary Fund (IMF) loan it...
Economy
Does Nigeria have low energy tariff in the world?
A claim that Nigeria enjoys low energy tariff in the world has surfaced online.
The claim was made by the Minister of Power, Adebayo Adelabu...
Economy
No! Delta is not the cheapest Nigerian state to live in
A claim that the cheapest Nigerian state to live in is Delta State has been circulating on social media.
The claim was made via X...
