nigerians

Illicit financial flows

Nigerians overseas remitted ₦9 trillion in 2018

7 times the size of foreign aid to Nigeria

Remittances by Nigerians living abroad provided a boost to the economy in 2018 as the total value of remittance from migrants amounted to $25 billion, (about ₦9 trillion), the highest diaspora inflow into the country in the last 13 years.

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Nearly 100 Million Nigerians now living in extreme poverty

Over 91 million Nigerians are now living in extreme poverty, according to the report of World Poverty Clock, a Vienna, Austria-based data lab The report said at least three million Nigerians have slipped into extreme poverty between November 2018 and February 2019. According to the report, 91.16 million Nigerians were living below a dollar a day as of February 13, 2019.

Recall that in June 2018, the Brookings Institution projected that Nigeria had overtaken India as the poverty capital of the world, with 86.9 million extremely poor people. This was further confirmed by British Prime Minister, Theresa May, who said …

ExxonMobil allegedly denying Nigerians job offers

There are allegations that ExxonMobil may have resorted to anti-labour practices aimed at drastically excluding Nigerians from core activities in the company.

Sources alleged that the intention was to make the company a complete foreign firm in spite of its joint partnership agreement.

In fact, there are allegations that the company has resorted to activities that have continued to quietly eliminate its Nigerian employees and replacing them with hoards of new imports in disregard to Nigeria’s existing laws and development guidelines, thereby subjecting more Nigerians to premature job losses.

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