Dataphyte’s Top 21 Stories in 2021
From health to gender, security, agriculture, extractives and other sectors, Dataphyte covered all the pertinent events that unfolded in the country in 2021 and “made it make sense” for Nigerians, bringing deeper insights into the issues.
Dataphyte did extensive data-driven reporting on the 2019 Audit report released in 2021, Nigeria’s 2022 budget, the health sector, economic issues like unemployment and inflation, the many government policies and how it affects citizens, and so much more.
Here is a recap of the stories you found most interesting in 2021.[Reaad more]
As Nigeria Unveils National Development Plan 2021-2025, these are Twenty Key Points to Note
Nigeria has released a National Development Plan designed to shape the country’s development between 2021 and 2025.
According to details released by the federal government, the plan aims to tackle certain challenges in the country and help the government’s plan of economic rejuvenation, including alleviating poverty and strengthening industrialization.
Here are the top twenty development projections from Nigeria’s National Development Plan 2021 and 2025.[Read more]
Scars of Gold: Adventures of the Story Miners of the Mining Sector
Nigeria is blessed with about forty-four mineral resources. Despite the enormous resource, Nigeria has struggled to maximise potentials for economic growth, employment creation and revenue diversification with its natural resources.
An analysis had revealed that despite neglect, Nigeria earned slightly over four hundred billion naira from mining in a Twelve year period.
This report reviews a few of the investigative reports done by journalists on the mining sector, the rigours of reporting the sector, the impact of the reports and how these reports have either contributed to mining reforms or at least generated conversations on the issue.[Read more]
Suspicious Payments: MDAs Release N4bn to Personal Accounts in 3 Months
Some Federal Government Ministries, Departments and Agencies in three months paid N4.08 billion into personal accounts, a breach of the Nigerian financial regulation.
The payments were made between June and August 2021 into personal accounts belonging to individuals who are neither contractors nor suppliers. Dataphyte analysis from the Open Treasury Portal showed that amounts totalling N2 billion (2,022,215.301.00) were paid in June, N1.8 billion (1,833,481,669.50)was paid in July while N193 million (193,110,472.00) was paid in August. All payments were made into personal accounts.
Some of these payments appear to be duplications, others reflect different payments made to the same beneficiary with different amounts and with the same description.[Read more]
Explainer: Nigeria’s 7.5% VAT for Social Media Ads May Not Equate Gagging Voices but It Scores High on the Insensitivity Scale
Nigerians will now pay 7.5% Value Added Tax on Facebook and Instagram adverts from January 1st, 2022. The social media company announced that as a result of the regulation of the Nigerian government, all advertisements on the platform whether for personal or business purposes will be subject to a 7.5% Value Added Tax.
The implication of the VAT charge is that when you want to place an advertisement on Facebook or to boost a post with N1000, the money will be inclusive of a 7.5% VAT charge which means you will pay an additional N75 on the advertisement service worth N1000. Simply put, the higher the amount you would put into advertising on Facebook and Instagram, the higher the VAT figure.
Could the 7.5% VAT Charge Possibly Gag Freedom of Expression? [Read more]