NIGERIA’S INFLATION RATE RISES FOR THIRD CONSECUTIVE MONTH. (PHOTO).

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 Nigeria’s inflation rate rises for third consecutive month Nigeria’s inflation rose for the third consecutive month to 15.93 percent in May 2026 from 15.69 percent recorded in April. The National Bureau of Statistics disclosed this in its Consumer Price Index and inflation data released on Monday. This means that in May, the country’s inflation rose on a month-on-month basis by 1.75 percent. Also, the report showed that food inflation also skyrocketed to 16.96 percent in May, up from 16.06 percent recorded the previous month. “In May 2026, the headline inflation rate on a month-on-month basis was 1.75 percent, which was 0.39 percent lower than the rate recorded in April 2026 (2.13 percent). On a year-on-year basis, the headline inflation rate rose to 15.93 percent, up from 15.69 percent in April 2026 and down from 26.06 percent in the same month of the preceding year (May 2025). “The Food inflation rate in May 2026 on a month-on-month basis was 2.98 percent, down by 0.65 percentag...

KWARA STATE GOVERNOR ABDULFATAH AHMED APPROVES MINOR CABINET RESHUFFLE TODAY.

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        The Kwara State Governor, Alhaji Abdulfatah Ahmed has approved a minor cabinet reshuffle involving four commissioners to re-energise governance in the state.According to a statement by the Secretary to the Kwara State Government, Alhaji Isiaka Sola Gold, Governor Abdulfatah Ahmed approved the movement of Engineer Idris Garba from the Ministry of Energy to the Ministry of Industry and Solid Mineral Resources while Alhaja Fumilayo Isiaka Oniwa moves from Ministry of Industry and Solid Mineral Resources to the Ministry of Commerce and Cooperatives.
Continuing, the Secretary to the State Government said Alhaji Ahmed Muhumamed Rifun is posted from the Ministry of Commerce and Cooperatives to the Ministry of Housing and Urban Development whose erstwhile Commissioner, Hon. Muideen Olaniyi Alalade, is now in charge of the Ministry of Energy.Alhaji Gold said all the postings are with immediate effect.

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