KEBBI GOVT DONATES 10 HILUX VEHICLES TO BOOST SECURITY ON SOKOTO–BADAGRY SUPER HIGHWAY. (PHOTOS).

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 Kebbi Govt Donates 10 Hilux Vehicles to Boost Security on Sokoto–Badagry Super Highway  The Kebbi State Government has handed over 10 brand-new Hilux vehicles to the Federal Ministry of Works to strengthen security for personnel working on the Sokoto–Badagry Super Highway project. The vehicles were formally received by the Minister of State for Works, Bello Muhammad Goronyo, who praised Kebbi State Governor, Dr. Nasiru Idris (Kauran Gwandu), for the donation. Goronyo described the gesture as a clear demonstration of the state government’s commitment to protecting workers and contractors on the strategic highway corridor. He explained that the vehicles will be deployed exclusively to security operatives providing cover for construction teams along the section of the super highway passing through Kebbi State. The Sokoto–Badagry Super Highway is a multi-state infrastructure project aimed at improving connectivity and economic activities across northern and southern Nigeria. More...

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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