Economy
Fact Guage:
Economy
How true are viral claims on Nigeria’s unemployment rate, extreme poverty and debt profile?
A viral post on Twitter claimed that Nigeria has 28% unemployment rate, 49% poverty rate and $89.5billion debt profile.
The claims were made by a...
Economy
Report that Nigeria plans to power 5 million homes with N2.3 trillion is MISLEADING
THE Vanguard newspaper, one of Nigeria’s national dailies had on September 3, reported that the Nigerian Government  has concluded arrangements to expend N2.3 trillion...
Economy
FALSE claim circulates online that NUPENG will shut down all fuel stations in Nigeria
Multiple Twitter and WhatsApp posts shared numerous times between September 5 and 6, 2020, claim that the Nigeria Union of Petroleum and Natural Gas...
Economy
FALSE claim circulates online that N-Power has shortlisted names for its 2020 programme
A post has been shared repeatedly on social media claiming that the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development (FMHDS) in...
Economy
Are 90 million Nigerians living in extreme poverty?
 A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, said that 90 million Nigerians live in extreme poverty.
The claim was...
Economy
Did Sale Mamman raise $1.6billion for TREP within one year as Nigeria’s Minister of Power?
Nigeria's Minister of Power, Engr. Sale Mamman, had on August 25, 2020, made a tweet thread to mark his one year anniversary in office....
Economy
Did Lai Mohammed say the Igbos are responsible for Nigeria’s underdevelopment?
A CLAIM has been shared repeatedly on social media and blogs that the Nigeria's Minister of Information and Culture, Lai Mohammed has accused the...
Economy
Did Nigeria lose over 18 million jobs under Buhari’s presidency?
An image has been retweeted over a thousand times alongside a claim that 18.8 million Nigerians have lost their jobs since Muhammadu Buhari became...
Economy
FALSE claim circulates online in Nigeria discouraging public from using rival ATMs
A WhatsApp message forwarded and shared numerous times in August 2020 claim that banks have advised their customers to avoid the use of Automated...
Economy
Did ICT contribute 14 percent to Nigeria’s 2020 first quarter GDP?
The Director-General (DG) of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, said Information and Communication Technology (ICT) contribution to Gross Domestic Product...
