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
US Declares 23 Nigerian States High-Risk for Citizens
Southern and Southeastern states were not spared. The Department urged caution in Abia, Anambra, Bayelsa, Delta, Enugu, Imo, and Rivers (excluding Port Harcourt), citing crime, kidnapping, and violent protests.
Photo: President Donald Trump; President Bola Tinubu
The United States Department of State has classified 23 Nigerian states “High Insecurity Risks” for its citizens to go , work and live.
In an updated travel advisory issued on Wednesday, the Embassy in Nigeria urged Americans to reconsider travel to Nigeria, with certain states classified under “Level 4: Do Not Travel” due to heightened security risks.
Plateau, Jigawa, Kwara, Niger, and Taraba were added to the list, bringing the total to 23 states where travel is strongly discouraged.
In Northern Nigeria, the advisory highlighted Borno, Jigawa, Kogi, Kwara, Niger, Plateau, Taraba, Yobe, and northern Adamawa as particularly high-risk, citing terrorism, kidnapping, and violent crime.Bauchi, Gombe, Kaduna, Kano, Katsina, Sokoto, and Zamfara were also flagged due to civil unrest, widespread crime, and kidnappings.
“The security situation in these states is unstable and uncertain due to civil unrest. Widespread violence between communities and armed crime, including kidnapping and roadside banditry.
“Security operations to counter these threats may occur without warning,” the advisory warned.
Southern and Southeastern states were not spared. The Department urged caution in Abia, Anambra, Bayelsa, Delta, Enugu, Imo, and Rivers (excluding Port Harcourt), citing crime, kidnapping, and violent protests.
“Crime is widespread in Southern Nigeria. There is a high risk of kidnapping, violent protests, and armed gangs,” the advisory stated.
News
INEC releases updated voters registration figure nationwide
Youth participation remained dominant, with citizens aged between 18 and 34 accounting for 2,354,768 registrants, representing 68.43 per cent of the total figure.
The Independent National Electoral Commission has recorded over 3.4 million new voters in the ongoing second phase of the Continuous Voter Registration exercise nationwide.
The figure is disclosed by the Commission in its week 13 update released on Wednesday in Abuja.
” A total of 3,441,121 registrations have been completed as of April 3, covering both online pre-registrations and physical walk-ins,” said INEC .
Given the breakdown, INEC explained that 2,068,384 citizens completed their registration online, while 1,372,737 others registered physically at designated centres across the country.
State-by-state data showed that Jigawa recorded the highest number of registrants with 201,047, representing 5.84 percent of the total.
Lagos followed with 181,095, while Kano ranked third with 177,681 registrations.Youth participation remained dominant, with citizens aged between 18 and 34 accounting for 2,354,768 registrants, representing 68.43 per cent of the total figure.
Gender distribution indicated a higher turnout among women, with females accounting for 1,922,143 registrations (55.86 percent), compared to 1,518,978 males (44.14 percent).
News
Lagos Announces Traffic Diversions for Wednesday and Thursday Project Commissionings
The Lagos State Government has unveiled a comprehensive traffic diversion plan for Wednesday, April 8, and Thursday, April 9, 2026, in preparation for the commissioning of several key infrastructure projects by President Bola Tinubu.
According to the state Ministry of Transportation, partial road closures and diversions will be implemented in affected areas to ensure smooth movement during the events, which include the inauguration of the Ojota-Opebi Link Bridge and other major projects such as the Lagos State Geographic Information Service building in Alausa and the Tolu Schools Complex.
On Wednesday, April 8, diversions will be enforced around venues for the commissioning ceremonies, while on Thursday, April 9, restrictions will apply between 9:00 a.m. and 1:00 p.m. during the Tolu Schools Complex event and additional project unveilings.
Motorists have been advised to use alternative routes and plan their journeys accordingly to avoid delays. The government urged residents and commuters to cooperate with traffic management officials and security personnel deployed to the areas.
The projects form part of ongoing efforts to improve infrastructure and education facilities across the state. Further details on specific diversion routes are expected to be released by the Ministry of Transportation in the coming hours.
Commuters are encouraged to monitor official announcements via Lagos State traffic radio and social media handles for real-time updates.
-
Sports3 days agoCAF confirms 16 teams for U-17 AFCON 2026
-
Sports3 days agoSeven Eritrean players fail to return home after AFCON qualifier
-
News2 days agoAbiodun Presents Ceremonial Sword to Tinubu, Urges Sustained War on Crime
-
Politics3 days agoADC youths give INEC 72-hour ultimatum to restore David Mark -led leadership
-
International2 days agoOil Prices Rise, Stocks Fall as Trump’s Iran Deadline Looms
-
Politics2 days agoFG earmarks N135bn for 2027 post election disputes
-
News3 days agoSanwo-Olu prepares the way for Tinubu’s official visit to Lagos state
-
International2 days agoTrump warns Entire Iran could be ‘taken out’ Tuesday night
