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 Graduates 774 Former Terrorists From Defence Hqt ‘s Training Camp
The Federal Government of Nigeria has graduated 744 individuals previously linked to terrorist groups after successfully completing its Deradicalisation, Rehabilitation and Reintegration (DRR) programme.
The graduation followed the conclusion of a 24-week intensive course organised by the Defence Headquarters under Operation Safe Corridor at the Mallam Sidi Camp in Gombe State.
Chief of Defence Staff, General Olufemi Oluyede, stated that the programme is designed to encourage defections from terrorist groups by offering a “corridor of opportunities” through structured deradicalisation, rehabilitation and reintegration efforts as part of the government’s strategy to end the long-running insurgency.
While at the camp, the participants underwent vocational training in skills such as carpentry, barbing, tailoring, welding, bakery operations, vulcanising, and various agricultural programmes.
These trainings aim to prepare them for productive lives after reintegration into society.
The graduates will also receive starter packs to support their self-sufficiency and smooth transition back into civilian life.
Operation Safe Corridor is a non-kinetic component of Nigeria’s counter-insurgency operations, primarily targeting low-risk defectors who voluntarily surrender.
Participants undergo rigorous screening, psycho-social support, and skills acquisition to reduce the risk of recidivism and weaken terrorist organisations from within.
This latest batch adds to thousands of individuals who have passed through similar rehabilitation initiatives in recent years, according to updates from the Defence Headquarters.
The Federal Government has maintained that the programme is not an amnesty but a targeted intervention that complements ongoing military operations in the North-East and other affected areas.
News
FG begins 2.5km rural road linking three Enugu communities
Eze said that the road project being handled by JRB Construction Company Limited was initiated through his office but is being funded by the Federal Government.
The 2.5km road under construction. Credit : Facebook
The Federal Government has commenced the construction of a 2.5-kilometre road linking Aji, Isiugwu, and Ufodo communities in Igboeze North Local Government Area of Enugu State.
The Federal Commissioner representing Enugu State at the Federal Character Commission (FCC), Peter Ogbonna Eze, disclosed this during an interactive session with journalists at the commission’s headquarters in Abuja on Wednesday.
Eze said that the road project being handled by JRB Construction Company Limited was initiated through his office but is being funded by the Federal Government.
He emphasised that the project is aimed at improving rural connectivity and economic activity. also connects neighbouring Kogi State, is expected to improve access to farms, schools, and markets, thereby boosting livelihoods in the affected communities..
He added that the first kilometre is nearing completion, with asphalt laying and drainage works ongoing.
“This is a 2.5km road linking three communities, Aji, Isiugwu, and Ufodo. The project is ongoing, and the first kilometre is nearing completion. Once the asphalt is laid, we will move to commission it,” he said.
News
2026 UTME starts today nationwide
JAMB discloses that more than 2.2 million candidates will be writing the examination across accredited centres from April 16 to April 22 in multiple sessions scheduled daily.
The 2026 Unified Tertiary Matriculation Examination (UTME) started today nationwide , said the organiser – the Joint Admissions and Matriculation Board (JAMB)
JAMB discloses that more than 2.2 million candidates will be writing the examination across accredited centres from April 16 to April 22 in multiple sessions scheduled daily.
Each examination day is divided into four sessions to reduce congestion at Computer-Based Test (CBT) centres and enhance biometric verification processes.
For the 2026 UTME, about 966 CBT centres are participating, each required to meet operational standards, including functional computer systems, stable connectivity and trained personnel.
The Registrar of JAMB, Prof. Is-haq Oloyede, charged examination officials to demonstrate maximum commitment and professionalism.
He emphasised that the success of the UTME largely depends on their performance and dedication to duty.
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