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NBS Rebases January Inflation Basket to 24.48%

The bureau put food inflation at 26.08 percent year-on-year.

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The National Bureau of Statistics (NBS) has stated that Nigeria’s Headline Inflation dropped to 24.48 percent for the month of January 2025, from 34.80 percent in December 2024.

The bureau put food inflation at 26.08 percent year-on-year.

Speaking during a press briefing on Tuesday in Abuja, the Statistician of the Federation and the CEO of NBS, Prince Adeyemi Adeniran, said the new figure was as result of the rebasing of Nigeria’s inflation basket to keep it updated to international standard.

He stated that the country last rebased its inflation in 2009, thus using prices of goods prominent during the period.

“This rebasing process also allows Statistical Offices to introduce methodological enhancements to their computation procedures and align with global best practices.”

“Under this process, NBS is not only bringing the base year closer to the current period, from 2009 to 2024, but we have also introduced some critical methodology changes to improve the computation processes and quality of the estimates.

“Under the CPI, important enhancements have been made to the methodology.

Some of the improvements include the transition to the latest version of the classification method, the Classification of Individual Consumption.

According to Purpose (COICOP) 2018 version, from the 1999 version of COICOP, the new version has 13 divisions, bringing in household expenditure on Insurance and Financial Services, which now has a weight of 0.5% relative to the total household expenditure.

Another important improvement is the exclusion of own-production, imputed rents, and gifted items from the aggregates used to come up with the weights.

This is because CPI is a monetary phenomenon. Hence, the computations should only include monetary expenditure.

Also implemented under this rebasing is the movement of expenditures on meals away from home to the appropriate divisional class.

These changes are quite significant and appropriately align expenditures to their respective classes, enabling price changes to be measured properly.”

Crime

Chimamanda Ngozi Adichie blames Euracare Hospital for son’s death

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Chimamanda Ngozi AAdichie has revealed how her son was killed at Euracare Hospital by an anesthesiologist, in her statement, she said: “My son would be alive today if not for an incident at Euracare Hospital on January 6th.We were in Lagos for Christmas.

Nkanu had what we first thought was just a cold, but soon turned into a very serious infection and he was admitted to Atlantis hospital. He was to travel to the US the next day, January 7th, accompanied by Travelling Doctors. A team at Johns Hopkins was waiting to receive him in Baltimore.

The Hopkins team had asked for a lumbar puncture test and an MRI. The Nigerian team had also decided to put in a ‘central line’ (used to administer iv medications) in preparation for Nkanu’s flight. Atlantis hospital referred us to Euracare Hospital, which was said to be the best place to have the procedures done.

The morning of the 6th, we left Atlantis hospital for Euracare, Nkanu carried in his father’s arms. We were told he would need to be sedated to prevent him from moving during the MRI and the ‘central line’ procedure.

I was waiting just outside the theater. I saw people, including Dr M, rushing into the theater and immediately knew something had happened.

A short time later, Dr M came out and told me Nkanu had been given too much propofol by the anesthesiologist, had become unresponsive and was quickly resuscitated.

But suddenly Nkanu was on a ventilator, he was intubated and placed in the ICU. The next thing I heard was that he had seizures. Cardiac arrest. All these had never happened before. Some hours later, Nkanu was goneIt turns out that Nkanu was NEVER monitored after being given too much propofol.

The anesthesiologist had just casually carried Nkanu on his shoulder to the theater, so nobody knows when exactly Nkanu became unresponsive. How can you sedate a sick child and neglect to

monitor him? Later, after the ‘central line’ procedure, the anesthesiologist casually switched off Nkanu’s oxygen and again decided to carry him on his shoulder to the ICU!

The anesthesiologist was CRIMINALLY negligent. He was fatally casual and careless with the precious life of a child. No proper protocol was followed. We brought in a child who was unwell but stable and scheduled to travel the next day. We came to conduct basic procedures.

And suddenly, our beautiful little boy was gone forever. It is like living your worst nightmare. I will never survive the loss of my child.

We have now heard about two previous cases of this same anesthesiologist overdosing children. Why did Euracare allow him to keep working? This must never happen to another child.

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LASG Announces Traffic Diversion Tonight At Fadeyi, Ojuelegba Bridge

Consequently, motorists are advised to use the highlighted route during the nighttime installation of the barriers; Motorists from Fadeyi Donmanlong Bridge/Ayilara inbound Ojuelegba are to make use of the Service Lane from Fadeyi/Jibowu/Empire/Donmanlong to link Barracks to access their desired destinations.

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The Lagos State Government has announced that installations of truck barriers at Fadeyi inward Donmanlong and Donmanlong inward Ojuelegba will takes effect from Saturday, January 10, 2026, at 10pm until Sunday, January 11, 2026

Therefore, the Commissioner for Transportation, Mr. Oluwaseun Osiyemi, urges motorists to use alternative routes during the installations period.

He said that the temporary closure of the bridge is to enhance road safety and prevent accidents along these high-traffic routes.

Consequently, Motorists are advised to use the highlighted route during the nighttime installation of the barriers; Motorists from Fadeyi Donmanlong Bridge/Ayilara inbound Ojuelegba are to make use of the Service Lane from Fadeyi/Jibowu/Empire/Donmanlong to link Barracks to access their desired destinations,” he said.

He implored residents and motorists to remain patient, noting that the installation was scheduled for night hours to minimize disruptions.

The Commissioner warned that motorists who vandalize or damage the barriers will face the wrath of the law.

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Homicide: Killer husband on the run for alleged murder of wife

Ayobami Ayanwale was allegedly stabbed to death in front of her children by her husband.

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Tragedy struck at number 21 Olutayo Alao Street, River Valley Estate, mainland Lagos.

A mother of three simply identified as Ayobami Ayanwale was allegedly stabbed to death in front of her children by her husband.

Eye-witness neighbours who confirmed the incident said that her body has since been deposited at a mortuary after she was pronounced dead on arrival at a hospital at Olowoora area of the community.

Following the incident, the alledged killer husband has fled, leaving the survived three children with the dead wife’s elder brother at Akute.

The case was reported to Adigboluja Police station Ojodu-Abiodun.

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