FACT CHECK · LIBERIA
False! NSA’s 2026 budget not US$18 million
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Economy
False! US not planning to reject dollar notes printed before 2021
On October 26, 2022, the Central Bank of Nigeria (CBN) announced it had redesigned major naira notes and that the notes would be distributed starting from December 2022.
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Economy
False! Public wage bill under former President Ellen Johnson Sirleaf was never 70% of total expenditure
According to Samuel Jackson, an Economist, the wage bill under the former administration ballooned to 70%, amounting to $320 million. He said this left the government with little or no space for capital investment, which was essential in building post-war Liberia.Â
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Economy
One Litre of Fuel in Nigeria to Cost N462 per litre Without Subsidy? Unlikely
In reaction, the NNPCL defended the daily petroleum consumption figures, insisting that daily consumption of Premium Motor Spirit, popularly called petrol, across the country was 68 million as against Customs’ claim of 60 million and even offered to submit itself for forensic audit of its PMS supply and subsidy management.
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Economy
The Central Bank of Liberia has not minted coins in L$25 and L$30 denominations
There have been occasions where taxi drivers, tricycles (kehkeh), and motorbike riders and passengers get into confrontations over lack of change or when there is disagreement over mutilated currency as change or transport fares. Â
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Economy
Fraudulent website poses as NERC recruitment portal
Recently, a viral WhatsApp message which claims the Nigerian Electricity Regulatory Commission (NERC) is conducting a recruitment exercise was sent to DUBAWA for verification.Â
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