fbpx
Connect with us

News

Clarion calls for urgent action to mitigate rising rate of inflation in Nigeria

Published

on

 

The Arewa Al-Huda Charitable Foundation has expressed concern over the rising rate of inflation in the country, urging the federal government to urgently address the issue holistically.

The foundation expressed deep concern over the impact of inflation on the citizens and emphasized the need for immediate action to mitigate its effects.

The foundation has observed that in recent times, Nigeria has been grappling with high inflation rates, which have significantly affected the cost of living for its citizens. “The rising prices of essential goods and services have put a strain on households and businesses, leading to economic hardship for many”.

The Arewa Al-Huda Charitable Foundation, in its press statement issued by it’s National Chairman, Amb. Abdullahi Isah, highlighted the detrimental effects of the inflation on vulnerable populations, particularly those already facing economic challenges. The foundation underscored the urgency of addressing inflation to alleviate the burden on the people and ensure economic stability.

The foundation’s press statement serves as a call to action for the Nigerian government to prioritize measures that will effectively tackle inflation. It emphasizes the importance of implementing policies that can stabilize prices, support economic growth, and safeguard the welfare of the population.

Furthermore, the Arewa Al-Huda Charitable Foundation urged collaboration between the government, relevant agencies, and stakeholders to develop comprehensive strategies aimed at curbing inflation and fostering sustainable economic development.

The Arewa Al-Huda Charitable Foundation’s press statement underscores the critical need for immediate attention to address inflation in Nigeria. By raising awareness and advocating for proactive measures, the foundation aims to contribute to the collective efforts towards achieving economic stability and improving the well-being of the Nigerian populace

Amb. Abdullahi Isah
National Chairman
Arewa Al-huda Charitable Foundation

#

News

Holiday Bonanza: Dangote Reduces PMS Price to N899.50k

Published

on

 

 

Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below N900 per litre, to provide much-needed relief for Nigerians ahead of the holiday season. Africa’s first privately-owned oil refinery, which previously lowered the price to N970 per litre on November 24, has now announced a new price of N899.50 per litre. This reduction is designed to ease transport costs during the festive period. In a statement issued by the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, the company also introduced a special offer to further benefit consumers. In addition to the holiday discount, Dangote Petroleum Refinery is allowing consumers to purchase an additional litre of fuel on credit for every litre bought on a cash basis. To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM. Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank,” said Chiejina. The refinery also expressed its gratitude to Nigerians for their continued support as the country enters the festive season. Chiejina further emphasised the refinery’s commitment to ensuring Nigerians have access to premium quality petroleum products that are competitively priced, as well as environmentally and engine friendly. He highlighted that the refinery’s operations mark the end of Nigeria being a dumping ground forfor substandard and ‘blended’ imported products, which have posed significant risks to human health, machinery, and the environment. The Dangote Refinery, with a capacity of 650,000 barrels per day (BPD), is the largest single-train refinery in the world. It is fully capable of meeting 100% of Nigeria’s refined petroleum product requirements, with a surplus available for export.

 

#
Continue Reading

News

Gov. Yusuf accuses opposition parties of fueling political crisis in Kano metropolis

Published

on

Governor Abba Kabir Yusuf

 

 

Governor Abba Kabir Yusuf has accused actors in the opposition parties of fueling civic unrest and political instability in Kano.

Governor Yusuf pointed the accusing fingers while briefing journalists during the State Executive Council Meeting Wednesday, vowed to deploy drastic measures necessary to nip the resurgence of thuggery in the bud.

The Governor’s reaction follows the recent bloody crisis between some suspected political thugs who unleashed terror on another gang of politicians.

In a statement by Spokesperson of the Governor, Sanusi Bature Dawakin-Tofa, Governor Yusuf revealed that intelligence brief abreast with after the state security council held Tuesday clearly exposed the atrocities of those sponsoring unrest in Kano.

According to the statement, the Governor posited the elements in the opposition, who are not comfortable with the steady development, peace and stability in the state, embedded to provoke needless crisis.

#

Gov. Yusuf however reassured determination of his administration to confront the challenges with equal force, insisted government would not henceforth, tolerate attempt by any elements to frustrate the enduring peace and tranquility in the state.

In the release, Governor Yusuf assured the resolution of the government to work with all the security agencies in the state to checkmate the excesses of the criminal minded elements being sponsored to cause problem.

Governor Yusuf will soon reopen the state own Reformatory Centre, at Kiru local government area as part of measures to rehabilitate and control drug abuse in the state.

During the Wednesday council meeting, the Governor also brief plans to inaugurate the newly constituted 46 of Shura Consultative Council compose of renowned Islamic Scholars, members of the academia, and other stakeholders.

To check unemployment, the Governor is determined to roll massive youth empowerment initiatives in the coming year to ensure that a significant per cent of the youth become self’relient.

 

Continue Reading

News

President Tinubu Arrives In Lagos Ahead Of Christmas Holiday

Published

on

 

President Bola Tinubu has arrived in Lagos from Abuja ahead of the Christmas celebrations.

The President was received at the airport by the Governor of Lagos State, Mr. Babajide Sanwo-Olu, along with other state officials.

He is expected to proceed to his private residence in the state.

His arrival follows the presentation of the 2025 budget to a joint session of the National Assembly on Wednesday.

He described it as the “Budget of Restoration: Securing Peace, Rebuilding Prosperity.” The proposal, he explained, is aimed at stabilizing the economy, fostering an equitable business environment, and promoting inclusive growth.

#

Continue Reading

Trending