adplus-dvertising
Connect with us

News

I won’t allow anybody to destabilise Nigeria, Buhari vows

Published

on

1648757644 Muhammadu Buhari 2

President Muhammadu Buhari on Wednesday in Abuja urged Nigerians to resist agents of destabilisation.

He said the agents were bent on causing a breakdown of law and order in the country, assuring that no individual or group would be allowed to destabilise Nigeria.

The president’s spokesman, Femi Adesina, stated that Buhari made the declaration at the breaking of Ramadan fasting attended by governors, ministers and heads of government agencies.

“We have the land, we have the resources, and we have the people.

“I do not know why people will allow themselves to be successfully subverted to destabilise their own country,’’ Mr Adesina quoted the president as saying.

The president thanked the governors and ministers for honouring his invitation to break the Ramadan fast and expressed the confidence that in spite of current security challenges, the country would succeed.

On the 2023 general elections, the president affirmed that being beneficiary of free, fair and credible elections, the introduction of technology would make it impossible for anyone to claim millions of votes again in Nigeria.

In his remarks, Chairman, Nigeria Governors Forum, Ekiti’s Gov. Kayode Fayemi, commended the president for demonstrating resilience and determination at a crucial period in Nigeria’s history.

“We have a leader who is not distracted by momentary challenges but has continued to commit to the renewal of our nation.

“We also have governors, ministers and heads of government agencies that are equally dedicated to building a better Nigeria, under the president’s watch,’’ he said.

Mr Fayemi noted that this year’s month of Ramadan coincided with the just- concluded Christian Lenten period.

“It holds enormous spiritual value on the benefits of renewal, sacrifice, almsgiving, forgiveness and healing for the individual as well as for the nation,’’ he said.

NAN

WATCH NOW

DOWNLOAD NOW

News

Gunmen invade home of Imo traditional ruler, six killed

Published

on

Gunmen on Monday launched another attack on the palace of Emmanuel Okeke, Imo state chairman of the council of traditional rulers.

Okeke is the traditional ruler of Amaifeke autonomous community in Orlu LGA and the chairman of traditional rulers in the 27 LGAs in Imo state.

The development comes months after a similar attack on the palace.

In January 2022, an attempt to set the palace ablaze was foiled by security operatives, in collaboration with local vigilante members in the area.

Michael Abattam, Imo police spokesperson who confirmed the incident said said the gunmen were sighted in three Hilux vehicles shooting sporadically and going towards the monarch’s residence.

“On receipt of the information, the Command’s Tactical Team joined by the military immediately mobilised and rushed to the palace,” the statement reads.

“On their way, the hoodlums on sighting the combined team engaged them in a gun duel, throwing petrol bombs. The gallant team responded, positioning themselves professionally.

“In the exchange of gun fire that ensued, the hoodlums were overwhelmed due to the superior fire-power of the combined team and in the process, six of the hoodlums were neutralised, while others escaped with various degrees of gunshot injuries.”

The police also said items recovered included “one pump action gun, three blood-stained cutlasses and three Hilux vehicles suspected to have been snatched from innocent citizens”.

Abattam said calm has been restored in the area, adding that aside from one of the police vehicles that got burnt due to the fire from a petrol bomb, no security operative was killed, TheCable reported.

The Imo police command also said efforts are ongoing to arrest other members of the gang, while security in Orlu and its environs have been beefed up to forestall any further attack in the area.

While commending officers for their gallantry, Mohammed Ahmed, Imo commissioner of police, urged them not to relent in their efforts until all criminal elements and their cohorts are made to face the full wrath of the law.

He also thanked Imo people for their constant support and advised them to always assist the police and other security agencies in the state with credible and timely information.

Ahmed also urged Imo residents to go about their lawful businesses “without fear of any molestation as security agencies are working assiduously in synergy to ensure the safety of lives and properties in the state.”

WATCH NOW

DOWNLOAD NOW

Continue Reading

News

Soaring food prices, fuel scarcity push inflation rate to 16.82%

Published

on

inflation

NIGERIA’S inflation rose to 16.82per cent in April 2022, following a similar uptick recorded in the previous month as a result of the increase in energy and food prices. 

This represents the highest rate recorded since August 2021 (highest in eight months). The National Bureau of Statistics (NBS) in its Consumer Price Index (CPI) report released on Monday noted that on a month-on-month basis, the headline index increased by 1.76 per cent in April 2022, compared to 1.74 per cent increase recorded in the previous month. 

The consumer price index, which measures the rate of inflation rose by 16.82 per cent year-on-year in April 2022, which is 0.9 per cent points higher than the 15.92 per cent recorded in the previous month (March 2022). 

Similarly, the urban inflation rate increased to 17.35 per cent (year-on-year) in April 2022 from 18.68per cent recorded in April 2021, while the rural inflation rate increased to 16.32per cent in April 2022 from 17.57per cent in April 2021. 

The NBS report showed that food inflation rose to 18.37per cent in the review month, an increase compared to the 17.2 per cent recorded in the preceding month. 

“This rise in the food index was caused by increases in the prices of Bread and cereals, Food products, Potatoes, yam, and other tubers, Wine, Fish, Meat, and Oils,” it stated. 

On a month-on-month basis according to the statistics office, the food sub-index increased to two per cent in April 2022, up by 0.01 percentage points from 1.99 per cent recorded in March 2022. Also, the average annual rate of change of the Food sub-index for the 12-month period ending April 2022 over the previous 12-month average is 18.88per cent, 0.34 percentage points from the average annual rate of change recorded in March 2022 (19.21) per cent. 

In the same vein, the core inflation rate rose to 14.18 per cent in April 2022 from 13.91 per cent recorded in the previous month. 

The rise in the core index was attributed to the increase in the prices of gas, liquid fuel, Cleaning, repair and hire of clothing, clothing materials, other articles of clothing, and clothing accessories. 

The average 12-month annual rate of change of the index was 13.68 per cent for the twelve-month period ending April 2022; this is 0.12 per cent points higher than the 13.56per cent recorded as of the previous month. 

According to the NBS, in April 2022, all items inflation on a year-on-year basis was highest in Bauchi (18.93per cent), Ebonyi (18.88 per cent), and Akwa Ibom (18.80 per cent), while Sokoto (14.65per cent), Kwara (15.33per cent) and Kaduna (15.69 per cent) recorded the slowest rise in headline Year on Year inflation. 

In terms of food inflation, Kogi recorded the highest year-on-year increase in the food index with 22.79per cent in April 2022, Kwara State followed with 21.56 per cent, and Ebonyi (21.45 per cent), while Sokoto (14.85 per cent), Kaduna (15.55 per cent) and Anambra (16.68 per cent) recorded the slowest rise in year-on-year food inflation.

WATCH NOW

DOWNLOAD NOW

Continue Reading