20 SUSPECTED MISCREANTS NABBED IN LAGOS. (PHOTO).

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 20 suspected miscreants nabbed in Lagos Officials of the Lagos State Environmental Sanitation Corps also known as KAI, on Tuesday, arrested 20 suspected miscreants terrorising the Oshodi area of the state. The state Commissioner for Environment and Water Resources, Tokunbo Wahab, disclosed this in a terse message shared on his X.com page on Tuesday. According to him, the suspected miscreants were arrested in the early hours of Tuesday during a patrol. He said, “Twenty miscreants arrested by the operatives of the Lagos State Environmental Sanitation Corps at Oshodi during early morning patrol.”  Last Wednesday that officials of the state task force said it would prosecute the 28 miscreants it arrested in some parts of the state for terrorising and extorting motorists. The agency’s Director of Press and Public Affairs, Gbadeyan Abdulraheem, had in a statement noted that the miscreants were always extorting motorists whose vehicles broke down on the highway under the guise of collecting

NIGERIA BATTLES INFLATION SPIKE AS RATES HIT 32.70% IN SEPTEMBER. (PHOTO).


 Nigeria battles Inflation spike as rates hit 32.70% in September


Nigeria's inflation rate has risen to 32.70% for the month of September, according to a report released by the National Bureau of Statistics (NBS) on Monday.


The NBS reported that the headline inflation rate for September 2024 was 32.70%, compared to 32.15% recorded in August 2024.


"Looking at the movement, the September 2024 headline inflation rate showed an increase of 0.55% compared to the August 2024 headline inflation rate," the Bureau noted.


"On a year-on-year basis, the headline inflation rate was 5.98 percentage points higher than the rate recorded in September 2023 (26.72%).


"This shows that the headline inflation rate (year-on-year basis) increased in September 2024 when compared to the same month in the preceding year (i.e., September 2023)," the NBS stated.


Additionally, the NBS reported that on a month-on-month basis, the headline inflation rate for September 2024 was 2.52%, 0.30% higher than the 2.22% recorded in August 2024.


"This means that in September 2024, the rate of increase in the average price level was higher than the rate of increase in the average price level in August 2024," it added.


The rise in prices of goods and services was as a result of the hike in the price of Premium Motor Spirit (PMS) early September and later in October.

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