Numbers 2 Ponder: 48%, ₦212bn, ₦2.67bn, ₦50m, ₦90.5b

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Today’s Numbers 2 Ponder features an unyielding sector draining the nation’s account, mind-numbing statistics on birth registration; present on the list are also court fines, loots and one rebuttal. 

48% Registered Births

The implication of an unregistered birth is dire, ranging from extortion to abuse, etc. In fact, they have no legal base for human right expression. In 2018, Nigeria’s records of registered children accounted for only 38.8% of infants aged less than two. And according to the Nigerian Demographic and Health Survey (NDHS), Nigeria booked down only 48% of registered births for kids aged between 2 – 4 years in the same period.

₦212bn National Security Budget

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Nigeria is pouring billions into its security sector with no visible results, all the while sinking further into recession. Despite the economic uncertainty around the new normal, the Federal Government (FG) increased the capital expenditure budget for security, 2021. The budget which was ₦190.65 billion in 2020 now futures an 11.3% spike to ₦212.32bn for the following year. 

₦2.67bn Looted

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says the sum of 2.67 billion paid to some federal colleges for school feeding during the COVID-19 lockdown ended up in private bank accounts. Bolaji Owasanoye, ICPC chairman, made the disclosure in his keynote address at the second national summit on diminishing corruption.

₦50M Compensation

A Federal Capital Territory (FCT) high court has ordered Elisha Abbo, Senator representing Adamawa North, to pay 50 million as compensation to Osimibibra Warmate for assaulting her. In 2019, the police arraigned Abbo before a magistrate court in Zuba, on a one-count charge for assaulting Warmate at a sex-toy shop in Abuja.

₦90.5B Budget Surplus

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Lagos State government achieved 90.5 billion budget surplus in the 2019 fiscal year. The performance showed the solid financial standing and sound economic position by the state during the fiscal year. This revelation comes on the heels of BudgIT’s misleading report on the fiscal health of the state. 

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