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Kano Emirate: Gov Yusuf meets NSA, Nuhu Ribadu

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Last Updated on May 30, 2024 by Fellow Press

Governor Abba Yusuf of Kano State on Thursday met with Nuhu Ribadu, the National Security Adviser, NSA, amid the emirate crisis in the Ancient City.

The Kano governor met with Ribadu in his office in Abuja.

The visit is coming days after Aminu Gwarzo, Deputy Governor of Kano State, accused Ribadu of facilitating the return of Ado Bayero, the dethroned Emir of Kano, to the palace by providing him with two private jets.

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Food inflation soars by 61 per cent in one year– NBS

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Last Updated on June 18, 2024 by Fellow Press

Nigerians are finding it more difficult to feed themselves, as food inflation rose to 40.66 per cent in May.

This was as the cost of food rose by 61 per cent from 25.25 per cent in June 2023 to 40.66 per cent in May 2024, highlighting a steady rise in the cost of living.

This is according to an analysis of the latest Consumer Price Index and Inflation report released by the National Bureau of Statistics.

The CPI measures the average change over time in the prices of goods and services consumed by people for day-to-day living.

On Saturday, the NBS disclosed that headline inflation moved by 0.26 per cent to 33.95 per cent from 33.69 per cent recorded in April.

The report noted that the inflation rate climbed to a 28-year high since March 1996 on higher food and transport prices.

It said, “In May 2024, the headline inflation rate increased to 33.95 per cent relative to the April 2024 headline inflation rate which was 33.69 per cent.”

The statistics agency also reported major contributing items to headline inflation in May 2024 including food & non-alcoholic beverages (contributing 17.59 per cent), housing, water, and electricity, gas & other fuel (contributing 5.68 per cent), and clothing & footwear (contributing 2.60 per cent).

A breakdown of the data showed that the price of food commodities increased steadily from 25.25 per cent in June, to 26.98 per cent in July, 29.34 per cent, 30.64 per cent in August, 31.52 per cent in September, 31.52 per cent October, 32.84 per cent in November and 33.93 per cent as the end of December 2023.

The rate further increased to 35.41 per cent in January, 37.92 per cent in February, crossed the 40 per cent mark in March, 40.53 per cent in April and 40.66 per cent in May.

NBS said the rate rose to 40.66 per cent in May, compared to the 24.82 per cent reported in the same month last year — indicating an increase of 15.84 per cent points.

The bureau said semovita, oatflake, yam flour prepackage, garri, bean, etc (which are under bread and cereals class), Irish potatoes, yam, water yam, etc (under potatoes, yam and other tubers class), contributed to the year-on-year increase in the food inflation rate.

Other contributors are palm oil, vegetable oil, etc (under oil and fat), stockfish, mudfish, crayfish, etc (under fish class), beef head, chicken-live, pork head, and bush meat (under meat class).

“The food inflation rate in May 2024 was 40.66 per cent on a year-on-year basis, which was 15.84 per cent points higher compared to the rate recorded in May 2023 (24.82 per cent).

“The average annual rate of Food inflation for the twelve months ending May 2024 over the previous twelve-month average was 34.06 per cent, which was 10.41 per cent points increase from the average annual rate of change recorded in May 2023 (23.65 per cent),” the report said.

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FG updates on UAE lifting visa ban on Nigeria

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The Minister of Aviation, Festus Keyamo, has revealed that the United Arab Emirates (UAE) government will soon announce the date for lifting the visa ban that has been imposed on Nigerian travellers.

This information was shared during an interview with Otega Ogra, Senior Special Assistant to President Bola Tinubu, which is available on the official YouTube page of the State House of Nigeria.

Keyamo acknowledged that while a resolution was reached between President Bola Tinubu and UAE President Mohamed bin Zayed Al Nahyan during President Tinubu’s working visit to the UAE in September 2023, additional processes were required before the ban could be officially lifted.

He said the processes have now been completed, paving the way for the imminent announcement from the UAE government.

“After that high-level meeting, Mr. President, credited to him, made things very easy for us all. We did our follow-ups as his ministers. We have done everything. We have resolved everything.

“Just wait for the announcement from the UAE government, and that announcement is imminent,” Keyamo stated.

The Minister further mentioned that he is aware of the specific date when the travel restriction will be lifted, but he emphasized that it is up to the UAE government to make the official announcement.

The lifting of the ban is expected to restore ease of travel for Nigerian citizens to the UAE, thereby enhancing bilateral relations and cooperation between the two countries.

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