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 ...
Former BBNaija housemate, Omashola, has narrated how he fought two suspected gunmen who tried to rob him some weeks back. In an Instagram post on Monday, the reality TV star stated that the incident happened when he was about driving home after attending an event. Omashola, who is also a model, stated that in the process, the two men had stopped him abruptly and tried to take away his valuables. According to him, sensing that he was seemingly helpless, he mustered the courage to engage his attackers in a fight. Although, the reality TV star did not disclose how it ended, he stated that his phone got damaged during the face-off. He further disclosed that he regretted his decision at the time because one of the two men was holding a gun. He wrote: “Weeks back I was about to enter my car and ...
The Judicial Panel of Inquiry set up by the Lagos State government to investigate the October 2020 Lekki shooting incident has approved the reopening of the Lekki Tollgate. The nine-man panel returned the control of the tollgate to the Lekki Concession Company, the operators, on Saturday. The company, through its counsel, had been praying the panel to allow it to take over the plaza for repair and insurance claims since December 2020. But the panel said the toll plaza could not be handed over as a forensic expert has been paid by the Lagos state government to examine the toll gate with respect of the October 20 shooting incident. The prayer of the LCC was answered on Thursday when the panel gave the company access to reopen the toll gate. The report of the forensic examination, which was m...
File Photo Governor Okezie Ikpeazu of Abia State has strongly condemned the sudden rise in violent crime around a bad spot before Akara Junction in Isuikwuato LGA of the State. The Governor in a statement released via his Twitter account on Saturday also lamented the recent spike in attacks on POS vendors in Aba. Ikpeazu, who condemned seriously the turn of events in the state, charged the law enforcement agencies to dominate all affected spaces around Isuikwuato axis and decisively combat the rising surge of crime there. He, however, expressed confidence that the law enforcement agencies will apprehend the culprits and ensure the concerned localities are rid of crime. “I acknowledge with sadness the sudden rise in violent crime around a bad spot before Akara Junction in Isuikwuato LGA of ...
An Osun State High Court sitting in Ilesa, on Thursday, sentenced a 29-year-old mechanic, Sola Emorua, to death by hanging for armed robbery. The defendant was first arraigned before Justice Isiaka Adeleke on January 29, 2018, on two counts of conspiracy and armed robbery. Justice Adeleke, in his judgment after a trial that lasted almost three years, said the prosecution had proved its case beyond reasonable doubt and subsequently sentenced Emorua to death. The lead prosecution counsel from the Ministry of Justice, Motolani Sokefun, had told the court that the convict and others at large, on May 7, 2015 around 5.30pm in Osu, on the Ilesa-Akure Expressway, while armed with weapons, robbed a tanker loaded with 33,000 litres of kerosene belonging to one Ismaila Azeez. The counsel further expl...
Despite the global efforts to end preventable newborn deaths by 2030, through the Sustainable Development Goal 3.2, experts have raised the alarm that Nigeria loses over 250,000 babies yearly due to preventable and treatable causes, even as the country ranks second highest globally in infant deaths. According to a Professor of Paediatrics at the College of Medicine University of Lagos, and Clinical Lead, Newborn Essential Solution and Technologies, NEST360, Professor Chinyere Ezeaka, with current slow progress, it may take Nigerian 100 years to meet the goal. Ezeaka identified causes of newborn deaths in Nigeria to include prematurity, infections, birth asphyxia, congenital abnormalities among others, she said these would be reduced with the wide-scale adoption of comprehensive newborn car...