NDC STATEMENT ON COURT RULING. (PHOTO). #PRESS RELEASE.

-
Image
 NDC STATEMENT ON COURT RULING Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party. The public knows that by December 2025, the Nigeria Democratic Congress  as an association complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did. Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance. NDC also fielded candidates, and fully pa...
Post a Comment

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.

Comments

Post a Comment