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Price of garri soars in Enugu

ArewaLife Price of cassava flakes popularly called garri and regularly consumed by Nigerians have continued to increase in Enugu State, according to newsmen. NAN correspondent, who conducted a market survey in Enugu on Friday, reported that the price of the staple food has increased by 20 per cent between January and March, 2021. NAN reports that a 4.5 liter bucket of the food item now sells for between N1,100 and N1,400 as against between N900 and N1,000 sold in January, depending on the type. A visit to some markets in the state capital showed that a 4.5 liter paint bucket of white garri sold for N900 in January now went for between N1,100 and N1200. At the Ogbete, Garki and New Markets, a paint bucket of white garri is sold for N1,100 while the yellow garri of the same bucket goes for N...

Police arraign ex-lawmaker, ex-governor’s aide, three others for ‘arson’

File Photo A former House of Assembly member, Dayo Akinleye; Afolabi Ariyo, a former aide of Ex-Governor of Ekiti State, Ayo Fayose, and three others, on Tuesday, appeared before an Ado-Ekiti Chief Magistrate Court for the criminal act of deliberately setting property ablaze during the #EndSars protest in the state Others also arraigned were, James David, Ajimoko Busola and Oyin Filani. The Police Prosecutor, Mr Johnson Okunade, told the court that the defendants committed the Offence on Oct. 20 at Ado-Ekiti. He explained that the defendants also set ablaze three trucks conveying cement, saying that the value of the damages was yet unknown. According to Okunade, the offence was punishable Under Section 451 of the Criminal Code, Cap. C 16, Laws of Ekiti State, 2012. Counsel to the defendant...

Gold rises on renewed US stimulus hope, dollar falls

Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...