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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.”

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Federal High Court Grants Bail to Former Kaduna Governor Nasir El-Rufai

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Justice Rilwan Aikawa of the Federal High Court sitting in Kaduna has granted bail to former Kaduna State Governor, Mallam Nasir Ahmad El-Rufai, in the ongoing corruption case instituted by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

The ruling was delivered on Tuesday, April 14, 2026, after arguments on the bail application were heard. El-Rufai, who has been in ICPC custody following his arraignment on a nine-count amended charge bordering on alleged fraud, abuse of office, and violations of the Corrupt Practices Act, among others, is now expected to meet the bail conditions set by the court.

Details of the bail terms, including the amount and any additional conditions such as sureties or restrictions, are yet to be fully disclosed in some reports, though sources indicate it was granted on liberal or specified terms.

Meanwhile, at the parallel proceedings in the Kaduna State High Court presided over by Justice Darius Khobo, the ruling on El-Rufai’s bail application in the same ICPC matter has been reserved and adjourned to April 21, 2026. As a result, El-Rufai remains in ICPC custody regarding the state high court case.

The former governor was arraigned on the amended charges after the ICPC dropped one co-defendant, allowing the trial to proceed against him alone. His legal team, including senior advocates, had argued strongly for bail, describing him as a responsible citizen with no risk of jumping bail.

The development comes amid heavy security presence around the court premises in Kaduna, with significant public interest in the high-profile case involving allegations of financial misconduct during El-Rufai’s administration as governor.

This bail grant by the Federal High Court represents a partial relief for the former governor, even as the substantive trial continues in both courts. Further updates on compliance with bail conditions and the next hearing dates are expected shortly.

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Oguta Community in Imo Abolishes Long-Standing Osu/Ohu Outcast System in Landmark Move

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In a significant step against entrenched social discrimination, traditional leaders in Oguta, Oguta Local Government Area of Imo State, have formally abolished the age-long Osu (also referred to as Ohu) outcast system, a cultural practice that has marginalised generations of people through stigma and exclusion.

The abolition was proclaimed on November 3, 2025 (with some reports noting the public declaration on November 2), at the Oguta Civic Centre. Chief Nduka Oduenyi, the Ogana (spokesman/assistant) to the traditional ruler of Oguta, Eze Nnani Eze-Eyiche, made the announcement on behalf of the community’s leaders, elders, youths, and women who gathered for the event.

“This is a historic moment of renewal and unity for the Oguta community,” Oduenyi stated. “The long-standing Ohu caste system — a practice widely regarded as discriminatory and inconsistent with human dignity — no longer exists in Oguta going forward.

”The Osu/Ohu system, deeply rooted in parts of Igbo culture, has historically designated certain individuals and their descendants as outcasts, limiting their social interactions, marriages, and opportunities despite previous legislative efforts at state and regional levels to end it.

The development comes nearly four years after investigative journalist and author Ejiro Umukoro drew fresh national attention to the issue through her novel *Distortion*.

The book, which weaves together themes of mental health, infertility, grief, and systemic discrimination including the Osu caste system, sparked widespread conversations across Nigeria.

Umukoro’s advocacy went beyond the pages of the novel. Through a seven-month nationwide book tour featuring television appearances, radio interviews, and community outreach, she consistently highlighted the lived experiences of those affected by the system, helping to revive dormant discussions on the topic.

This community-led abolition in Oguta is seen by many as a concrete outcome of renewed advocacy efforts, including those by Umukoro and other human rights voices, building on earlier calls for reform. It marks one of the more visible public renunciations of the practice in recent years.

The move has been welcomed by observers as a positive step toward greater social inclusion and equality in the region, though broader eradication across Igbo land would require continued efforts by traditional institutions, government, and civil society.

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NAF Jilli Airstrike: Bomb Don’t Know Who’re Terrorists

Multiple sources said that the fighter jet that carried out the operation was tracking a group of suspected insurgents believed to have visited the market to collect levies from traders and obtain supplies. However, the strike reportedly missed its intended target

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No fewer than 56 people, mostly traders, are feared dead, while 14 others have been hospitalized following an airstrike on a weekly market along the Borno–Yobe border.

The incident occurred at Jilli Market, located between Gubio and Geidam Local Government Areas of Borno and Yobe states, on Saturday.

The airstrike was carried out during a military operation targeting suspected Boko Haram insurgents.

The weekly market usually attracts traders and buyers from surrounding communities, including Gubio, Chiweram, and Benisheikh in Borno State, as well as Gurokayeya and Geidam in Yobe State.

Multiple sources said that the fighter jet that carried out the operation was tracking a group of suspected insurgents believed to have visited the market to collect levies from traders and obtain supplies. However, the strike reportedly missed its intended target

.An eyewitness said at least 56 people have been confirmed dead, while 14 others are receiving treatment at the Specialist Hospital in Geidam, Yobe State.

“The incident happened around 2:46 p.m. while business activities were ongoing. Four fighter jets carried out the attack, though the fourth jet was not clearly visible. We only heard the sound of explosions.

“I counted 56 corpses myself and helped rescue two injured people, taking them to the hospital. I believe the number of casualties may be higher, as more bodies are still being recovered,” the source said.

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