Connect with us

latest

Worries Grow Over Nigeria’s Inflation Rate Reaching 26.7% Escalating Food Costs

Published

on

Worries Grow Over Nigeria’s Inflation Rate Reaching 26.7% Escalating Food Costs....KINDLY READ THE FULL STORY HERE▶

The National Bureau of Statistics (NBS) has reported that the Consumer Price Index (CPI) surged to 26.72% in September 2023, marking an increase from August’s 25.80%. This information was disclosed in the September CPI report released by the NBS via its official X account on Monday.

The CPI serves as a gauge of the rate of change in prices of goods and services within a country. The NBS attributed the notable increase in inflation to the removal of petrol subsidies and the devaluation of the official exchange rate, both of which have had a substantial impact on consumer prices.

Federal Government Plans N1.5tn Savings, 2.5 Million Meter Installations

The report states, “In September 2023, the headline inflation rate increased to 26.72% compared to the August 2023 headline inflation rate of 25.80%. When analyzing the movement, the September 2023 headline inflation rate exhibited a rise of 0.92 percentage points when compared to August 2023.

ECOWAS Parliament To Hold Second Extraordinary Session In Kano

On a year-on-year basis, the headline inflation rate was 5.94% higher than the rate recorded in September 2022, which stood at 20.77%. This indicates that the headline inflation rate on a year-on-year basis increased in September 2023 compared to the same month in the preceding year, September 2022.”

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Advertisement

latest

2.2 Million Candidates Sit for 2026 UTME Nationwide.

Published

on

The 2026 Unified Tertiary Matriculation Examination (UTME) began nationwide on Thursday, with over 2.2 million candidates expected to participate across accredited centres.....KINDLY READ THE FULL STORY HERE▶

The exam, conducted by the Joint Admissions and Matriculation Board (JAMB), will run from April 16 to April 22 in multiple daily sessions.

JAMB Registrar, Prof. Is-haq Oloyede, urged examination officials to remain highly committed and professional, noting that the success of the exercise depends largely on their dedication.

He gave the charge during a virtual final briefing for technical officers ahead of the examination, where he also praised staff, ad hoc personnel, service providers, and technical advisers for their roles in the successful conduct of the mock exam.

Tania Omotayo Denies Weight Loss Medication Use, Highlights TikTok Fitness Video.

Oloyede said many of the issues recorded during the mock exercise were due to poor assessment of centres by some technical officials.

He further stated that incentive packages would be awarded to teams that perform exceptionally, particularly in handling exam materials and submitting timely reports.

Reiterating JAMB’s zero-tolerance stance on malpractice, he warned candidates against bringing prohibited items into examination halls.

Black Market Dollar To Naira Exchange Rate Surges As Economic Concerns Loom

He also disclosed that biometric verification and real-time monitoring systems have been deployed to protect the integrity of the exercise.

Candidates whose biometrics cannot be verified, he added, will be rescheduled to write the exam at approved centres.

Meanwhile, a NAN correspondent monitoring proceedings at Aduvie International School, Jahi, reported that the first session scheduled for 8:30 a.m. began slightly behind schedule at about 8:40 a.m.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

latest

FCT CP Inspects Security At JAMB Centres In Abuja Photos.

Published

on

The Commissioner of Police for the Federal Capital Territory (FCT), CP Ahmed Muhammed Sanusi, on Thursday inspected security deployments at Joint Admissions and Matriculation Board (JAMB) Computer-Based Test (CBT) centres across Abuja.....KINDLY READ THE FULL STORY HERE▶

According to the FCT Police Command spokesperson, SP Josephine Adeh, the inspection is part of proactive measures to ensure a smooth, peaceful, and hitch-free conduct of the ongoing examinations.

Federal Government Plans N1.5tn Savings, 2.5 Million Meter Installations

The UTME is scheduled to run nationwide from April 16 to 18, 2026.

During the exercise, CP Sanusi assessed security arrangements put in place to safeguard candidates, examination officials, and CBT facilities.

He also engaged with centre supervisors, assuring them of adequate security presence throughout the examination period.

Police Apprehend Suspected Kidnapper Connected To Nabeeha's Murder

Adeh added that the CP reaffirmed the command’s commitment to maintaining law and order, warning that any attempt to disrupt the examinations would be met with decisive action in line with the law.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

latest

Over 700 Repentant Terrorists Set For Reintegration – Gen. Ali.

Published

on

Over 700 former terrorists who have undergone deradicalisation and rehabilitation are set to be reintegrated into their communities.....KINDLY READ THE FULL STORY HERE▶

The Nigerian military has also dismissed reports alleging that beneficiaries of Operation Safe Corridor are being recruited into military institutions.

According to African Independent Television, the Coordinator of Operation Safe Corridor, Brigadier-General Yusuf Ali, made this known during a media tour of the Deradicalisation, Rehabilitation and Reintegration Centre in Gombe, North-East Nigeria.

Black Market Dollar To Naira Exchange Rate Surges As Economic Concerns Loom

He said many Nigerians still misunderstand the Federal Government’s structured counter-terrorism initiative, which is designed to restore peace in communities affected by insurgency.

Brigadier-General Ali explained that the programme focuses on rehabilitation and peaceful reintegration of repentant individuals into society.

During the tour, some of the participants also shared accounts of their involvement in offences that led to their admission into the programme.

Kanye West Declares Himself The Ultimate GOAT Amidst Drake And Kendrick Drama

The facility inspection was part of preparations for the graduation of over 700 clients who have completed the deradicalisation and rehabilitation process and are set for reintegration.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

Trending

Copyright © 2023 NIVONEWS

×