The National Bureau of Statistics said on Saturday that the nation’s inflation rate increased to 15.92 per cent in March 2022.
According to a report released by the NBS in March 2022, the Consumer Price Index, which measures inflation, increased to 15.92 per cent on year-on-year.
The NBS said: “This is 2.25 per cent points lower compared to 18.17 per cent recorded in March 2021.
“This means that headline inflation rate slowed down in March 2022 when compared to the same month the previous year.”
It further said that on month-on-month basis, the Headline Index increased to 1.74 per cent in March 2022, representing 0.11 per cent points higher than the 1.63 per cent rate recorded in February 2022.
It said: “The percentage change in the average composite CPI for the 12 months period ending March 2022 over the average previous 12 months period is 16.54 per cent.
“This shows 0.19 per cent points decrease compare to 16.73 per cent recorded in February 2022.”
The agency also said that urban inflation rate increased to 16.44 per cent year-on-year in March 2022 showing a decline of 2.32 per cent points from 18.76 per cent recorded in March 2021.
“In the same vein, the rural inflation increased to 15.42 per cent in March 2022 with a decrease of 2.18 per cent points from 17.60 per cent recorded in March 2021,” it said.
The NBS, however, said that on a month-on-month basis, the Urban Index rose to 1.76 per cent in March 2022.
It added: “This was up by 0.11 per cent points from 1.65 per cent recorded in February 2022.
“The Rural Index rose to 1.73 per cent in March 2022, with 0.12 per cent point increase from 1.61 per cent recorded in February 2022.”
Delegates will listen to all Presidential aspirants to make decision, says Niger Gov.
Governor Abubakar Sani Bello has assured that the delegates of the All Progressives Congress (APC) in the state will give listening ears to all the Presidential aspirants of the party seeking for their vote.
Governor Sani Bello gave the assurance when he accompanied the Vice President and one of the APC presidential aspirants, Prof. Yemi Osinbajo to visit the Emir of Minna, His Royal Highness, Alhaji (Dr.) Umaru Faruq Bahago for royal blessing.
The Governor noted that listening to all the aspirants would help the delegates in taking decision on who to vote for.
While presenting the presidential aspirant to the Emir, Governor Sani Bello commended the Vice President for his contributions to nation-building, promising that a level playing ground will be given to aspirants.
Prof. Osinbajo told the Emir that he was in Minna to interact with the delegates as they were important to actualizing his presidential ambition. He however, explained that he found it very important that visiting the Emir as well, to receive royal blessings.
According to him, he want to persuade the delegates to vote for him considering his over seven years of exposure and experiences in the present administration thereby giving him an advantage to serve the country.
He assured that he will make good use of his experiences and deploy technology to resolve the insecurity bedeviling the nation as well as improve the economy.
The Emir of Minna, HRH, Alhaji( Dr.) Bahago, acknowledged the loyalty of the number two citizen in the country, as well was his commitment as well as patriotism to the growth and development of the country.
He however cautioned politicians to remember that power comes from God, hence they should commit everything to Him, urging them to join hands together to ensure a peaceful and successful elections in 2023.
Director General of Yemi Osinbajo Campaign Team, Senator Kabiru Gaya appreciated the warm reception given to them as he assured that Prof. Osinbajo will not let the people down when voted into power.
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Revealed! Details Of South-West APC Leaders Meeting With Presidential Aspirants
MORE revelations have emerged about Friday’s meeting held by South-West leaders of the All Progressives Congress (APC) with aspirants from the zone, whose main objective, was on how to avert a crisis that will create a fractured party as it prepares for primary on May 30 and 31, Sunday Tribune has reliably gathered…Oyo South: APC senatorial chairman expresses support for primary
Oyo South: APC senatorial chairman expresses support for primary
Army major, UJ Undianyede, ‘commits suicide’
Major UJ Undianyede, a former Battalion Commanding Officer who led the fight against Boko Haram in the North East, is has reportedly committed suicide.
Undianyede killed himself less than 72 hours to the verdict of a court-martial trying him for alleged military infractions during the war, sources said.
The sources who spoke to Daily Trust on Wednesday night said the Major killed himself on Monday on the premises of the Nigeria Defence Academy (NDA) in Kaduna, with his service pistol.
“I think he killed himself because of the judgment of the court-martial which has been fixed for tomorrow (today, May 19). We only learnt about his death today (Wednesday).
“In prosecuting the war, the Major with some of his colleagues allegedly committed some infractions for which he was being tried at the 1 Division in Kaduna,” one of the sources said.
Report said the offences listed against the deceased officer by the court martial in the 1 Division included misappropriation of funds, abandonment of military post, insubordination, and desertion, among others.
Another source attributed the Major’s death to post-traumatic stress disorder (PTSD), noting that he had been in the North East for some time battling Boko Haram terrorists.
The Major, a Course 55 Regular Officer and other members of his class, were said to be due for promotion to the rank Lieutenant Colonel this September.
When contacted, the spokesman of the Nigerian Army, Brig.-Gen. Onyema Nwachukwu, told Daily Trust that he had not been briefed.
However, the Public Relations Officer of the NDA, Major Bashir Jajira, dismissed the report, saying no officer of the academy was involved in suicide.
“No personnel of the academy was involved in suicide as reported, and in fact, our cadets are presently in Kachia for combat shooting training, they are not in the academy. So, no such training took place.”
In the same vein, the Assistant Director, Army Public Relations, 1 Division Headquarters, Kaduna, Major Musa Yahaya told Daily Trust that he was not aware of any court-martial taking place in the division as earlier reported.