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 launches GovGuideNigeria to boost citizens governance access
GovGuideNigeria platform is accessible through WhatsApp and the web, and is available in English, Hausa, Igbo, and Yoruba to ensure wider accessibility for citizens across different linguistic backgrounds.
The Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijan, has said that Nigerians can now access the government information and services through the newly launched GovGuideNigeria.
The artificial intelligence-powered platform was launched on May 21 by the government in collaboration with Meta, the National Centre for Artificial Intelligence and Robotics (NCAIR), and local developer partner Publica AI.
According to the Minister, the platform is accessible through WhatsApp and the web, and is available in English, Hausa, Igbo, and Yoruba to ensure wider accessibility for citizens across different linguistic backgrounds.
Tijani stated that the platform provides users with easy access to information from more than 35 federal ministries and over 60 government agencies.
He described the initiative as part of the government’s efforts to improve public service delivery through technology and digital innovation.
Sade Dada, Head of Public Policy, Meta, said during the launch “Meta’s open-source AI is critical to economic growth and productivity — and GovGuide Nigeria, is a clear example of what this looks like in practice.
Ignatius Willie, CEO, Publica AI said, “Today is not just a product launch. It is a step towards democratising how Nigerians engage with their government. With GovGuide Nigeria, we are not simply digitising access to public services; we are making them conversational, multilingual, and available on the channels Nigerians already use every day.
News
DHQ says JAS terrorists carried out Oyo kidnap
The DHQ denied reports suggesting it referred to terrorists operating in the South-West as ordinary criminals, insisting that such interpretations were inaccurate and misleading.
Photo: Maj Gen Michael Onoja
The Defence Headquarters disclosed that the attackers behind the Oyo abduction were members of the Jama’atu Ahlis Sunna Lidda’awati wal-Jihad terrorist group displaced by sustained military offensives across the country.
Latest week, schools in communities at Oriire Local Government Area of Oyo State, were attacked by terrorists ; they abducted pupils, teachers and other residents from Community High School, Ahoro-Esinle.
The incident also left several persons dead, while one of the abducted teachers, Michael Oyedokun, was later killed after a video linked to the attack surfaced online.
In a statement signed by the Director, Defence Media Operations, Maj Gen Michael Onoja, the DHQ confirmed said that the attack was perpetrated by terrorists of the JAS Group that have been dislodged from other parts of the country due to high-intensity operations being conducted all over the country.
The DHQ denied reports suggesting it referred to terrorists operating in the South-West as ordinary criminals, insisting that such interpretations were inaccurate and misleading.
“It is, therefore, inaccurate and misleading to suggest that the Defence Headquarters, at any point, referred to vicious and violent terrorists as criminals,” Onoja stated
News
NYSC warns against night travel as 2026 Batch B Stream I orientation begins June 10
The orientation exercise will officially end on Tuesday, June 30, 2026.
The National Youth Service Corps (NYSC) announced Thursday that the 2026 Batch ‘B’ Stream I Orientation Course will begin on Wednesday, June 10, 2026, with the reception and registration of prospective corps members across the country.
In a statement signed by Caroline Embu, Director, Information and Public Relations, NYSC said that the registration would end at midnight on Friday, June 12, in all 36 states and the Federal Capital Territory.
The NYSC added that the swearing-in ceremony for prospective corps members mobilised for the 2026 Batch ‘B’ Stream I service year would also take place on Friday, June 12.
The orientation exercise will officially end on Tuesday, June 30, 2026.
The scheme wished all mobilised Nigerian graduates safe journeys to their various orientation camps nationwide and reiterated its warning against night travel.
It advised prospective corps members to suspend their journeys once it is 6pm and spend the night at any available corps members’ lodge, military formation, police station, outpost, or palace of a traditional ruler before continuing the next morning.
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