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Plateau senator seeks Nigerian government’s support for victims of yam market fire

Senator representing Plateau South in the National Assembly, Professor Nora Dadu’ut, has appealed to the federal government to support victims of the recent fire incident that engulfed the famous Namu Central Yam Market in Qua’an Pan Local Government Area, of Plateau state which led to the loss of food products and other valuables worth millions of naira. The lawmaker, who made the appeal during a press briefing in Jos, said she was saddened by the heart-rending development, and called on governments at all levels, and well-meaning Nigerians to offer support for the victims to aid their recovery from the tragedy. She said, “We would not rest on our oars until we have done the needful in reducing the damages and ameliorating their challenges through state and federal government intervention...

Nigeria’s inflation rate hits 17.33 percent

The consumer price index, which measures the rate of increase in the price of goods and services, increased to 17.33 percent in February. This is the highest point since April 2017. According to the CPI/Inflation report released by the National Bureau of Statistics (NBS) on Tuesday, the food inflation stood at 21.79 percent, the highest point since the 2009 data series began. According to the NBS, food inflation also grew by 21.79 percent year-on-year compared to 20.57 percent recorded in January. The headline inflation for month-on-month also increased to 1.89 percent from 1.83 percentage points. It explained that the upward movement in food inflation was caused by increases in the prices of bread, cereals, fish, potatoes, yam and other tubers, vegetables, meat, oils and fats, fruits and ...