The Consumer Price Index (CPI) which measures inflation dropped to 17.93 per cent (year-on-year) in May compared to 18.12 per cent in the preceding month, according to the National Bureau of Statistics (NBS). The 0.19 per cent decline in the headline index, makes it the second consecutive month that the rate had sustained its downward trajectory after 18 months of inflationary pressures on the economy. According to the CPI figures for May which was released by the statistical agency Tuesday, food inflation dropped to 22.28 per cent from 22.72 per cent in April. Price moderation was recorded in bread, cereals, milk, cheese, eggs, fish, soft drinks, coffee, tea and cocoa, fruits, meat, oils and fats and vegetables. On month-on-month basis, the food sub-index declined to 1.05 per cent in May ...
Governor Abdullahi Ganduje of Kano State has directed all cleared contestants in the forthcoming local government elections scheduled to hold January 16 to be subjected to a compulsory drug test. The state commissioner for information, Muhammad Garba, disclosed this on Thursday while briefing journalists on the outcome of the state Executive Council Meeting held at the Government House, Kano. According to Garba, the decision was part of the government’s policies to rid Kano of illicit substance abuse. He reaffirmed the administration’s commitment to tackle drug abuse among political leaders. He said the government would not hesitate to issue necessary disciplinary measures against ”anyone found with the trace of illicit substance including a compulsory recommendation for rehabilitation”. G...