DTI

Data Trends & Intelligence

[DTI @dtiGlobal]

8/ receiving N5.1 & N2.1trillion respectively for goods brought into Nigeria. Investigating the destination of exports, India & Spain were Nigeria’s largest customers, bringing a combined N5.3trillion.

[DTI @dtiGlobal]

1/In the year 2021, Nigeria recorded approximately N40 trillion in total foreign trade (Import+Export), the largest amount recorded since 2018. Over half of this amount was recorded as importation transactions, continuing the trend from the previous year

[DTI @dtiGlobal]

7/ Europe & Asia were our biggest trading partners for both Imports & Exports. They both combined to contribute N30 trillion to the total trade value. Outside Africa, China and the Netherlands were the biggest sellers of goods to Nigeria,

[DTI @dtiGlobal]

6\ Average amount allocated per LGCs in each region shows the SW to be the most favoured region with each LGC receiving an average of N2.5 trillion throughout the year. This amount is influenced by Lagos and Oyo LGCs being in the top 5 for State LGCs with the most allocation.

[DTI @dtiGlobal]

1\ In the year 2021, a total of N9.07 trillion was distributed as FAAC allocation to various beneficiaries. The Federal Government of Nigeria was ranked number 1 on the list of beneficiaries, receiving a total of N3.13 trillion throughout the year.

[DTI @dtiGlobal]

5\ Analysing total distribution of funds to LGCs by Geo-Political Zone shows the regions with the lowest & highest number of LGCs received the least and most amount of money respectively, South-East & North-West.

[DTI @dtiGlobal]

9/ Disaggregated by states, Lagos airport was the preferred place to leave the country and also arrive into the country. Abuja was the preferred state to take-off and land for Domestic trips, could this be related to the FCT being the seat of power ?

[DTI @dtiGlobal]

6/ An interesting observation to note, for International Trips, since 2018 there have been more people leaving the country than entering the country until 2021.

[DTI @dtiGlobal]

8/ This could maybe be as a result of economic factors like inflation coupled with travel restrictions, preventing more people from leaving the country.

[DTI @dtiGlobal]

5/ While there’s an increase in traffic, the number of passengers taking International trips in and out of the country has yet to match pre-Covid numbers, this could still be attributed to restrictions not fully relaxed.

[DTI @dtiGlobal]

1/ Foot traffic recorded in 2021 by airport authorities shows that only 7 airports recorded data for International flights while 19 airports registered foot traffic for Domestic trips. persons looking to leave the country.

[DTI @dtiGlobal]

4/ This growth in flight passengers can be attributed to the relaxation of covid protocols and travel restrictions put in place in 2020 as a response to the Covid-19 pandemic.