Economy
Fact Guage:
Economy
False claim circulates that Nigeria’s State House set out N1.7bn for refreshment in 2022 budget
A TWITTER user, Health is wealth, with the user ID @AdenikeAwe1 on Monday, January 10, 2022 claimed that Nigeria's State House, otherwise known as...
Economy
Nigerian journalist makes false claims over numbers of U.S. refineries
A NIGERIAN broadcast journalist, Oseni Rufai, on Sunday, January 30, 2022 claimed that there are over 136 refineries in the United States of America,...
Economy
Is Nigeria the largest producer of rice, sorghum in Africa?
THE Minister of Agriculture and Rural Development in Nigeria, Mohammad Mahmood Abubakar, stated that Nigeria has become the largest producer of rice and sorghum...
Economy
Did Nigeria’s inflation rate trend downwards?
The Vice President of Nigeria, Yemi Osinbajo on Monday, October 11, 2021, said Inflation in the country trended downwards over the last five months.Â
This...
Economy
Fact-checking Reno Omokri’s claim on Nigeria’s debt profile
A FORMER aide to ex-president Goodluck Jonathan, Reno Omokri, on Wednesday, September 29, said Nigeria's national debt as of 2015 was N12 trillion naira.Â
This...
Economy
Are SIM cards made in Nigeria?
MINISTER of Communication and Digital Economy Isa Pantami told the press that Subscriber Identity Module (SIM) cards are now manufactured in Nigeria, this was...
Economy
Claim by FIRS that Nigeria is the only country that collects VAT at subnational level is false
LEAD of the Special Tax Operations Group at the Federal Inland Revenue Service (FIRS) Mathew Gbonjubola claimed that there was nowhere in the world,...
Economy
Joe Igbokwe makes misleading claim on Nigeria’s agricultural sector growth
IN a bid to show that insecurity in Nigeria did not impact negatively on the agricultural sector, Special Adviser to Lagos State Governor on...
Economy
INSIGHT: How much does Nigeria spend yearly to maintain, repair pipelines?
THE Minister of Information and Culture, Lai Mohammed on July 6, 2021 said the Federal Government spends N60 billion yearly to repair vandalised pipelines.
Mohammed...
Economy
Has CBN authorised the use of cryptocurrency ‘like naira’?
IN June 2021 a post which alleged the Central Bank of Nigeria (CBN) has authorised the use of cryptocurrency "like the naira in Nigeria"...
