News
NBS Rebases January Inflation Basket to 24.48%
The bureau put food inflation at 26.08 percent year-on-year.
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.”
News
FG introduces compulsory drug tests for secondary school students
The guideline outlines a comprehensive framework aimed at reducing the growing prevalence of substance abuse among students and creating safer learning environments across schools nationwide.
The federal government is introducing mandatory drug tests for students in secondary schools nationwide.
According to the new policy, all newly enrolled secondary school students will be subject to mandatory drug integrity testing at the moment of entry.
The directive is contained in the National Implementation Guidelines Against Drug and Substance Use in Schools in Nigeria for secondary schools.
The guideline outlines a comprehensive framework aimed at reducing the growing prevalence of substance abuse among students and creating safer learning environments across schools nationwide.
According to the document, the policy is designed to “create a conducive environment for teaching and learning in the institutions by reducing the negative effect substance abuse has on the mental health and academic performance of students/learners.”
The guideline states that “all new students/learners shall be subjected to drug tests and other measures approved by the schools/learning centres at the point of entry,” adding that the process must be carried out “in collaboration with approved federal/state health facilities and procedures.”
News
Instagram drops end-to-end encryption for private messages
With E2EE removed, Instagram will now be able to access the contents of direct messages, including text, images, videos, and voice notes.
Users of Instagram will no longer be able to send ultra-private direct messages, after parent company Meta switched off end-to-end encryption (E2EE) for the platform’s messaging service worldwide.
The move marks a major reversal for Meta, which had previously positioned E2EE as the “gold standard” for user privacy.
E2EE ensures that only the sender and recipient can read messages, but it has long been criticised by child safety campaigners who argue it can make it harder to detect abuse and illegal content.
As a result, the decision has been welcomed by child protection groups but strongly criticised by privacy advocates.
With E2EE removed, Instagram will now be able to access the contents of direct messages, including text, images, videos, and voice notes.
News
Kogi Road Crash: 16 People Feared Dead in Ghastly Accident
No fewer than 16 people have been confirmed dead after an 18-seater passenger bus plunged off a bridge in a horrific accident along the Okene-Osara-Lokoja Road in Kogi State.
The tragic incident occurred in the early hours of Friday in Osara, Adavi Local Government Area.
According to the Kogi State Sector Commander of the Federal Road Safety Corps (FRSC), Lawal Fagge, two passengers survived the crash but sustained severe injuries and are currently receiving treatment at a nearby hospital.
Fagge, who confirmed the details in a telephone interview with Arise News, attributed the accident to excessive speeding by the driver.
He commended officers from the Zariagi Unit of the FRSC for their swift response, as they promptly rescued the survivors and evacuated the injured to medical facilities.
The bodies of the deceased victims have been recovered and deposited at a morgue in Lokoja.
The latest road tragedy has once again sparked concerns over the rising cases of reckless driving and over-speeding on Nigeria’s major highways.
Road safety authorities are urging motorists to observe speed limits and adhere strictly to traffic regulations to avoid preventable loss of lives.
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