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
Lagos Confirms 6 Diphtheria Cases, Says no Outbreak
The Lagos State Government has confirmed six laboratory-verified diphtheria cases in 2026, drawn from 53 suspected infections, while insisting the state is not facing a widespread outbreak.
Commissioner for Health Prof. Akin Abayomi disclosed the figures at a press briefing in Alausa, Ikeja, on the state’s diphtheria preparedness and response. He said all six confirmed patients had been treated and that their contacts were traced and monitored through the incubation period.
“We are appealing to all Lagosians to remain calm. There is currently no outbreak of diphtheria in Lagos. We are taking precautionary measures,” Abayomi said.
Officials said the extra vigilance is because outbreaks are continuing in other parts of Nigeria and because Lagos has a large, highly mobile population. The state has strengthened surveillance across its 57 local government and local council development areas, expanded laboratory testing and designated treatment centres. Those facilities are Mainland Hospital (formerly the Infectious Disease Hospital), Yaba; Massey Street Children’s Hospital, Lagos Island; Lagos University Teaching Hospital (LUTH); and Lagos State University Teaching Hospital (LASUTH).
Abayomi urged parents to complete the three-dose pentavalent vaccine schedule at six, 10 and 14 weeks, noting that full childhood immunisation coverage in Lagos is about 64 per cent. Residents with a severe sore throat, fever, weakness, difficulty swallowing or breathing, neck swelling, or a white or grey membrane at the back of the throat were advised to seek care promptly and avoid self-medication, especially after travel to affected states.
News
Police arrest 46 for obstruction of Obi’s convoy in Benue
” Key arrests have been made, while efforts are ongoing to apprehend all other persons connected with the incident,” said Commissioner of Police, Cletus Nwadiogbu
| • IGP, Tunji Disu
Benue State Police Command said that they have so far apprehended 46 suspects in connection with the obstruction of the presidential candidate of the Nigerian Democratic Congress (NDC) Peter Obi’s convoy during his visit to the state on Tuesday.
“Key arrests have been made, while efforts are ongoing to apprehend all other persons connected with the incident,” said Commissioner of Police, Cletus Nwadiogbu.
He stressed that the command remains a neutral institution, noting that every citizen possesses the constitutional right to freedom of movement regardless of political affiliation.He warned that with the 2027 general elections approaching, security agencies will not tolerate actions capable of escalating political tensions.
He warned that with the 2027 general elections approaching, security agencies will not tolerate actions capable of escalating political tensions.
Nwadiogbu also clarified that Obi’s representatives had initially described the trip as a non-campaign visit to families affected by the Yelwata crisis, promising that only a small entourage would accompany him.
He confirmed that the command was notified of Obi’s visit at approximately 5:30 p.m. on Monday.
The police deployed adequate security, including three police escort vehicles and personnel led by an Assistant Commissioner of Police, to safeguard the former Anambra State governor.
However, a group of persons subsequently blocked Obi’s movement, creating a tense environment that threatened to escalate into violence.
Nwadiogbu said the police made a tactical and professional decision not to use force immediately, aiming to prevent loss of life and destruction of property.
Obi was eventually escorted safely back to the airport and departed the state without further incident.
News
Kara Bridge Repairs Cripple Lagos-Ibadan Expressway
Motorists endured hours of gridlock on the Lagos-Ibadan Expressway on Tuesday after the Federal Government began two-week repairs on damaged expansion joints at the Kara Bridge.
The rehabilitation, which started on September 8 and is scheduled to run until September 22, involves replacing worn-out expansion joints that had exceeded their service life and posed safety risks. Work is being done in phases: one half of the affected section is closed at a time while traffic is controlled on the remaining lanes.
Traffic built up in the afternoon and stretched from the Kara Bridge in Ogun State to the 7Up Junction and beyond into Lagos, including areas around Secretariat, Ojota, Ikeja and the Otedola underpass. Security and traffic officials from the police, military, Lagos State Traffic Management Authority, Federal Road Safety Corps and Ogun State Traffic Compliance and Enforcement Corps were deployed to manage the flow.
The Federal Ministry of Works said the intervention, directed by the Minister of Works, aims to improve road safety and preserve the bridge’s structural integrity. Authorities have advised motorists to plan journeys carefully, consider alternative routes where possible, and cooperate with traffic managers during the repair period.
-
International2 days agoKenya gives foreign workers 90 days to formalise status or leave
-
Business2 days agoNAFDAC Goes After Chinese Logistics Firms Over Products Counterfeiting
-
Politics3 days agoObidient Connect Texas Plans Grand Rally for Obi-kwakwanso October 10
-
Business3 days agoDangote Refinery Signs IPO Document Today
-
Politics3 days agoNigerians better off under military than democracy – Duke
-
News3 days agoJUST IN: Traffic Chaos Expected on Lagos-Ibadan Expressway From Tuesday
-
Sports3 days agoInfantino To Seek Re-Election As FIFA President In 2027
-
Sports2 days agoFalconets lose World Cup opener to Spain
