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Surge In Food Prices Hits Nigerians In November, NBS Report-Reveals

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According to the latest report released on Friday by the National Bureau of Statistics (NBS), the average prices of key food items experienced a significant increase in November. The data disclosed that the average price of 1kg of Brown Beans surged by 6.18% from N790.01 in October 2023. On a year-on-year basis, the item witnessed a staggering rise of 44.99%, soaring from N578.55 in November 2022 to N838.85 in November 2023….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

 

 

 

Similarly, the average price of 1kg Onion Bulb saw a remarkable year-on-year increase of 60.62%, climbing from N425.71 in November 2022 to N683.78 in November 2023. Additionally, the average price of 1kg of Tomatoes spiked by 66.69% year-on-year and 12.24% from N675.91 in October 2023 to N758.65 in November 2023.

The report highlighted Lagos as the state with the highest average price of rice in November, reaching N1,122.42 for 1kg of local rice, while Kebbi recorded the lowest at N688.00.

For 1kg of Boneless Beef, Anambra State recorded the highest average price at N3,850.47, contrasting with Yobe State, which reported the lowest at N2,533.33.

Imo State topped the list for the highest average price of 1kg Brown Beans at N1,109.75, with Jigawa recording the lowest at N575.00. Anambra State also led in the category of Onion Bulb sold loose, reporting an average price of N872.23, while Gombe had the lowest at N506.41.

Delta State stood out for the highest average price of 1kg of Tomatoes at N1,505.16, and Kano had the lowest at N396.04.

Regional analysis revealed that the South-West had the highest average price for 1kg of local Rice at N956.28, while the South-South followed closely at N932.47. The North-East recorded the lowest average price at N776.12.

In the category of 1kg of Boneless Beef, the South-East and South-West reported the highest averages at N3,643.65 and N3,290.11, respectively, while the North-East recorded the lowest at N2,632.22.

For 1kg of Brown Beans (sold loose), the South-East reported the highest average price at N1,034.08, and the South-West followed at N977.98, with the North-West recording the lowest at N663.96.

Onion Bulb prices were highest in the South-East and South-South at N817.11 and N775.34, respectively, while the North-East reported the lowest at N529.95.

Finally, the South-South led in the average price of 1kg of Tomatoes at N1,307.66, followed by the South-West at N1,047.18, with the North-West reporting the lowest at N434.80.

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Showunmi Celebrates As Court Voids Atiku’s Presidential Ticket In Major Political Twist.

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Former campaign spokesman for Atiku Abubakar, Segun Showunmi, has been seen in a viral video celebrating the Federal High Court judgment that nullified the former Vice-President’s presidential ticket on the platform of the African Democratic Congress (ADC).....KINDLY READ THE FULL STORY HERE▶

The video, which has circulated widely on social media, shows Showunmi clapping, laughing and dancing shortly after the judgment was delivered.

Showunmi, who has consistently criticised Atiku’s defection to the ADC, said the court’s decision had vindicated his earlier warnings about the coalition’s legal standing.

“I forewarned. I told them this would happen. They did not listen,” he said.

He recalled that his concerns had previously been dismissed as bitterness and jealousy when he questioned the legal status of the coalition that took control of the ADC.

“When I was shouting, they said I was bitter. When I warned, they said I was jealous. Now the court has spoken,” he added.

Showunmi had repeatedly argued that Atiku should have remained in the Peoples Democratic Party (PDP) and worked towards rebuilding it instead of joining a coalition he described as a gathering of aggrieved politicians without a solid political structure.

He also predicted that the coalition’s takeover of the ADC, led by former Senate President David Mark, would eventually collapse in court.

In a judgment delivered on Thursday, Justice Peter Lifu ruled that the Mark-led caretaker committee was illegal and nullified the primary election that produced Atiku as the party’s presidential candidate.

The court also removed all the party’s national officers, including National Secretary Rauf Aregbesola, and voided the list of candidates submitted to the Independent National Electoral Commission (INEC) for the 2027 elections.

The suit was instituted by Nafiu Bala Gombe, a former Deputy National Chairman (North-East) of the ADC, who challenged the leadership change that followed the resignation of former National Chairman Ralph Nwosu.

Watch the video below:

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Oshiomhole Blasts Atiku, Accuses Obasanjo Administration Of Killing Nigerian Industries.

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The senator representing Edo North, Adams Oshiomhole, has accused former President Olusegun Obasanjo and his deputy, Atiku Abubakar, of contributing to the collapse of Nigeria’s industrial sector.....KINDLY READ THE FULL STORY HERE▶

Oshiomhole, a chieftain of the All Progressives Congress (APC), alleged that the administration of Obasanjo was responsible for the closure of major companies, including Michelin and Dunlop, leaving the country increasingly dependent on imported goods.

He made the allegation on Thursday while speaking at the APC presidential campaign rally in Ekiti State.

The former labour leader also recalled that Atiku, during his time as vice president, had publicly acknowledged that the Obasanjo administration spent $16 billion on the power sector.

“Atiku Abubakar, as Vice President, was crying on television that his government and his oga, Obasanjo, spent $16 billion on power. So you ask Atiku how many more US dollars do you need?” Oshiomhole said.

The senator also dismissed Atiku’s concerns about rising unemployment, arguing that the administration in which he served contributed to the problem by allowing Nigerian industries to shut down.

“I understand that Atiku is lamenting about unemployment; who closed down Nigerian industries? Who closed down Michelin? Who closed down Dunlop? Who reduced Nigeria to importer of everything from underwear to socks? It was done by the government and party to which Atiku belonged,” he stated.

Oshiomhole urged residents of Ekiti State to support President Bola Tinubu’s re-election bid in 2027, pointing to the current administration’s approval of a new minimum wage for workers.

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Peter Obi’s Convoy Attack: Police Unmask Arrested Suspect, Disclose What Happened.

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The Cross River State Police Command has arrested a suspect over the attack on the convoy of Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), in Calabar, the state capital.....KINDLY READ THE FULL STORY HERE▶

The incident reportedly occurred at about 2:20 p.m. at the Watt Market Roundabout while the convoy was returning from the palace of the Obong of Calabar to the Metropolitan Hotel, where the party’s presidential town hall meeting was scheduled to take place.

The attack resulted in the windshields of some vehicles in the convoy being smashed.

In a statement issued on Wednesday, the Police Public Relations Officer, ASP Sunday Eitokpah, identified the arrested suspect as 27-year-old Victor Edet Yellow Duke.

According to the command, a group of suspected hoodlums, allegedly armed with machetes and sticks, emerged from the Calabar Road and Clerks Alley axis before attacking vehicles in the convoy.

The police said the exact number of vehicles affected had yet to be determined.

Officers deployed in the area quickly intervened to contain the violence. Their response, which involved the use of tear gas, resulted in the arrest of Duke, while the other suspected attackers escaped.

The suspect was subsequently transferred to the State Police Headquarters by operatives of the Violent Crime Response Unit (VCRU) for what the command described as a discreet investigation aimed at preventing possible reprisals or further threats to public order.

The police added that normalcy had returned to the area.

Meanwhile, the Commissioner of Police, CP Ajo Geoffrey Ordue, has ordered a comprehensive investigation to identify and apprehend the other suspects involved and establish the full circumstances surrounding the attack.

The command also cautioned the public against assuming that the arrested man was guilty, stressing that he remained entitled to the presumption of innocence.

“The arrest of a suspect does not amount to a determination of guilt, as the suspect remains entitled to the presumption of innocence pending the conclusion of investigation and any subsequent judicial proceedings,” the statement said.

The police assured residents, political stakeholders and visitors that adequate security arrangements remained in place across the state.

It also reaffirmed its commitment to “providing equal security protection to all political parties, candidates and their supporters, irrespective of political affiliation.”

The command urged members of the public to remain calm, refrain from circulating unverified information and report suspicious activities through established police channels.

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