7 economic events that defined the year 2022
Seven numbers that defined 2022

No one expected the painful jabs from 2022. At best, many only looked forward to the Covid-19 vaccine shots.

Interestingly, the latest data from the World Health Organisation (WHO) estimates that 92 million vaccines have been administered in Nigeria, with only 51 million people fully vaccinated (26% of the total population). That's a far cry from late 2021 when only eight million Nigerians had been partially vaccinated. Still, this is nowhere near countries like the US and the UK, where over 60% of their population is fully vaccinated.
 

Key takeaways:

  1. 2022 was the year of the war on inflation, marking an end to zero and low-interest rates. 

  2. The price of everything kept rising this year from food to energy, transport, and digital devices.

  3. Rising inflation has also pushed more people below the poverty line. Today, 93 million Nigerians are poor in monetary terms.

 

Vaccine inequity aside, several important events took

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Stears Insights Team

Stears Insights Team

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