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Breaking:Inflation in Nigeria Hits 20-Year High at 28.2% in November.

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President Bola Ahmad Tinubu

 

Nigeria’s headline inflation has risen to a 20-year high of 28.2 percent in November, the National Bureau of Statistics NBS, has disclosed.

The NBS in a report released on Friday said the headline inflation rate increased to 28.20 percent relative to October 2023 headline inflation rate which was 27.33 percent.

Reports indicate that the figure is the highest record from data obtained on the website of the Central Bank of Nigeria, CBN.

The bank’s data started from 2023.

The NBS said Food inflation rate also increased to 32.84 percent on a year-on-year basis, which was 8.72 percent points higher compared to the rate recorded in November 2022 (24.13 percent).

“The rise in food inflation on a year-on-year basis was caused by increases in prices of bread and cereals, oil and fat, potatoes, yam and other tubers, fish, fruit, meat, vegetables and coffee, tea and cocoa,” it said.

On a month-on-month basis, the food inflation rate in November 2023 was 2.42 percent, 0.51 percent higher compared to the rate recorded in October 2023 (1.91 percent).

said the rise was caused by the increase in the average prices of bread and cereals, oil and fat, meat, coffee, tea and cocoa, potatoes, yam & other tubers.

Also, the “all items less farm produces and energy” or core inflation, which excludes the prices of volatile agricultural produces and energy stood at 22.38 percent on a year-on year basis.

“This is up by 4.39 percent when compared to the 17.99 percent recorded in November 2022. The highest increases were recorded in prices of passenger transport by road, medical services, passenger transport by air, actual and imputed rentals for housing, pharmaceutical products, accommodation service etc,” the report added.

Daily Trust

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Commission of inquiry to hold inaugural sitting Monday

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Governor Abba Kabir Yusuf

 

The judicial commission of inquiry on public properties and assets established by Governor Abba Kabir Yusuf of Kano State to probe the previous administration led by former Governor Abdullahi Umar Ganduje has scheduled its inaugural session for Monday, 29th April 2024.

The commission’s secretary, Salisu Mustapha, said this in a letter addressed to the Director General Media and Publicity on Saturday.

Mustapha specified that the session will take place at High Court No. 3 within the Audu Bako Secretariat on Monday 29th April, 2024 by 10.am prompt.

Earlier this month, Governor Yusuf inaugurated two judicial commissions of inquiry (JCI) to investigate instances of misappropriation of public properties and assets, political violence, and missing persons between 2015 and 2023.

During the inauguration of the JCI members, Governor Yusuf pledged to hold accountable anyone found culpable, emphasizing his commitment to uncovering and prosecuting those responsible for political violence in the state before and during previous elections.

The governor urged the Commission to thoroughly investigate cases of misappropriated public properties and assets during the tenure of immediate past administration.

He instructed the commission members to uphold their integrity, remain true to their oath, and serve the people of Kano State by ensuring justice is served. Governor Yusuf clarified that the initiative was not politically motivated or directed at any individual but rather a response to the mandate of the people of Kano State.

You may recall that Justices of the State High Courts, Farouq Lawan Adamu and Zuwaira Yusuf a long with other eminent personalities were selected and appointed as chairmen and members of the two commissions of inquiry respectively.

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Almajiri Returns Lost Phones Worth Over 2.5 Million Naira

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Haruna Adamu left who found the phones ,right Ibrahim Muhammad Abdullahi the owner

Haruna Adamu, a 37-year-old resident of Kano who recites Quran at Tsangayar Malam Sani, has returned lost phones worth over 2.5 million Naira at Masjidurrahma Mosque in Kano.

The owner of the phones, Ibrahim Muhammad Abu Abdallah, recounted that after prayers, the Muazzin usually cautioned people to take care of their pockets. However, upon checking his pockets after prayers, Abdallah realized his two phones, worth over 2.5 million Naira, were missing. He recalled having visited the mosque’s toilet during that time.

The two phones, both with two terabytes of storage, were essential for Abdallah’s work, and he expressed immense gratitude upon their recovery through Haruna Adamu after forgetting them inside the toilet . He acknowledged that losing the phones could have resulted in a loss of over 20 million Naira due to the valuable data they contained.

The mosque later announced the discovery of the phones, which were found by another worshipperi inside the toilets Mosque , Haruna Adamu , a 37-year-old resident of Tarauni located close to the Mosque. Adamu, who is staying at Tsangayar Malam Sani for Quranic memorization and recitation, returned the phones promptly.

Masjidurrahma is a multi-million Naira Mosque situated along Maiduguri Road,Kano built by renowned businessman AY Maikifi and recently commissioned by Sultan of Sokoto Muhammad Saad Abubakar.

The Agony Of The Almajiri System In Northern Nigeria

In appreciation, Abdallah later gifted 100 thousand Naira to Haruna Adamu for his honesty. Adamu resides at Tsangayar Malam Sani, where he recites and memorizes the entire Quran in Tarauni local government area.

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Ace Nigerian Journalist and Parliamentarian Dies at 86, Governor Yusuf Offers Condolences

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Late Sidi Ali

 

The First Republic politician and Second Republic parliamentarian reportedly died in Kano on Thursday evening at 86.

Late Sidi Ali was a prolific writer with National dailies and was one of the Nigerian journalist who covered the civil war.

In his later life, he was a stalwart of the All Progressives Congress (APC) and a member of the party’s Elders Committee in Kano State.

The elder statesman spent years serving the Nigerian International Press Centre, Ministry of Information and National Broadcasting Commission, among other critical institutions.

Born in Kano but raised in Ghana, Ali’s wide travels reportedly influenced his love for journalism and communication.

 

In his 2018 birthday message, ex-President Muhammadu Buhari noted that Ali spent most of his life serving the country as a Public Affairs Officer, “most remarkably for ensuring accurate and balanced information on government activities during and after the Civil War.

 

Kano State Governor, Alhaji Abba Kabir Yusuf has condoled with the families of late Sidi Ali who died Thursday evening at the age of 86.

In a statement by the Governor’s Spokesperson, Sanusi Bature Dawakin Tofa, Governor Abba Kabir Yusuf described late Sidi Ali as a trusted Public Affairs Officer who worked hard to ensure the flow of true stories during the Civil war.

The Governor also noted the positive contributions of the deceased as a Senator in the Second Republic in shaping the Senate and the overall development of democracy in the country.

On behalf of the Government and people of Kano State, Governor Alhaji Abba Kabir extend condolences to his families, prayed for the repose of his soul, Aljannah be his final resting place, the courage and the fortitude to bear the loss.

 

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