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Nigeria: Inflation rate drops to 11.22 percent in June

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Nigeria’s inflation eased sharply lower in June to 11.22 percent year on year, a 0.18 percent points decrease than 11.40 percent posted in May.

According to the latest data released by the National Bureau of Statistics (NBS) on Tuesday revealed that the headline index fell to 1.07 percent on a month-on-month basis, indicating a decline of 0.04 percent points from the rate recorded in May.

“The consumer price index, (CPI) which measures inflation increased by 11.22 percent (year-on-year) in June 2019. This is 0.18 percent points lower than the rate recorded in May 2019 (11.40) percent.

“On a month-on-month basis, the Headline index increased by 1.07 percent in June 2019, this is 0.04 percent rate lower than the rate recorded in May 2019 (1.11) percent.”

Also, the urban inflation rate fell to 11.61 percent year-on-year in the month under review, while the rural inflation rate eased to 10.87 percent from 11.08 percent.

“The urban inflation rate increased by 11.61percent (year-on-year) in June 2019 from 11.76 percent recorded in May 2019, while the rural inflation rate increased by 10.87 percent in June 2019 from 11.08 percent in May 2019.

“On a month-on-month basis, the urban index rose by 1.10 percent in June 2019, up by 0.05 from 1.15 percent recorded in May 2019, while the rural index also rose by 1.05 percent in June 2019, up by 0.02 from the rate recorded in May 2019 (1.07) percent.”

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The composite food index stood at 13.56 percent in June, compared to the previous months 13.79 percent as increases were recorded in prices of bread and cereals, meat, fish, vegetables and fruits among others.

“The composite food index stood at 13.56 percent in June 2019 compared to 13.79 percent in May 2019.”

This rise, according to the report, was caused by increases in prices of Bread and cereals, Meat, Oils and fats, Potatoes, yam and other tubers, Fish, Vegetables and fruits.

“On a month-on-month basis, the food sub-index increased by 1.36 percent in June 2019, down by 0.05 percent points from 1.41 percent recorded in May 2019.

“The average annual rate of change of the Food sub-index for the twelve-month period ending June 2019 over the previous twelve-month average was 13.42 percent, 0.05 percent points higher from the average annual rate of change recorded in May 2019 (13.37) percent.”

 

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Ekiti loses ex- SSG, Alofe

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Former Secretary to Ekiti State Government (SSG), Evangelist Adeola Alofe is dead.

Evangelist Alofe died on Sunday at the age of 86, family source disclosed.

The source, also hinted  that the  former SSG, who hailed from Ayetoro Ekiti in Ido/Osi local government area of Ekiti State, died after a brief illness.

It would be recalled that Alofe  was appointed SSG by former Governor Ayodele Fayose in 2003, the position he held till 2005 when he was replaced with the late Chief Bade Gboyega.

The deceased was a member of the House of Representatives between 1991 and 93 under the Social Democratic Party (SDP)/ in the old Ondo State.

He was also appointed Senior Special Assistant on Religious Matters by Governor Kayode Fayemi in 2010, when the court of Appeal in Ilorin pronounced him the actual winner of the 2007 governorship and the 2009 rerun elections.

Alofe was at a time a staunch member of the Peoples Democratic Party (PDP) but he later defected to the defunct Action Congress of Nigeria (ACN)/ in Ekiti State.

However, he has not been seen within the political scene since Fayemi won the second term in 2018.

According to a statement signed by a family “With total submission to the will of Almighty Go, the entire Alofe’s family announce the passing away of our beloved brother, uncle, father and grandfather. He slept in the lord on 25th August 2019 at age 86.

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“Funeral arrangements are to be announced by the family in due course”.

 

 

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Makinde Hails Stakeholders’ Quest For Healthy Environment, Restates Zero Tolerance For Filth

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Oyo State Governor, Engr.  Seyi Makinde  has paid a glowing tribute to stakeholders in the environmental sanitation sector for their resilience in restoring the State back to its status as one of the neatest in the nation.

 

The governor’s commendation was relayed through the Commissioner for Environment and Water Resources, Hon. Kehinde Ayoola at his office when he hosted the Heads of Local Government Administrators and Heads of Environmental and Health Services as well as officials of the West African Energy, the Consultancy firm in charge of refuse collection in the State.

 

Hon Ayoola said the State appreciated the efforts of the stakeholders in mobilizing against filthy environment and the ways they have demonstrated their support to the government in mobilizing against the menace of poor sanitation.

 

According to him, the governor knew the efforts that you all at the end of the local government health and administrative administrators have put into this campaign of ridding the State of the culture of poor sanitation and he salutes you all.

 

“It is pertinent that we put more efforts into this project so that before long, if we look back, we shall see giant accomplishments in this line and we shall be able to pat each other on the back for a well done job.

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“We appreciate the input of the market women, civil societies, traditional rulers, the media and those officially saddled with the duty of enforcing clean environment in the State. We wish the trend continues in good stead.”

 

The former lawmaker disclosed further that  Oyo State Government has set up an agenda to curb the menace of environmental laws which would go a long way in ensuring  that the safety and healthy condition of its citizens became important.

 

 

He emphasized that  the Present Administration has zero tolerance for filthy environment hence the need for residents to support this policy by imbibing a good waste disposal culture.

 

“Hygiene is very important to us, failure to uphold some level of hygiene would lead to serious health hazards to us as individuals and persons living around us” he added

 

Continuing, Ayoola stressed that as part of the agenda setting, stakeholders like the Non-governmental Organizations (NGOs), religious bodies, market women, transport unions, schools among others would be involved in curbing the environmental menace while also charging residents in the state to make use of refuse collection drums for disposal of their waste.

 

Similarly, Hon. Kehinde Ayoola alongside the Permanent Secretary of the Ministry, Dr. Bashir Olanrewaju and team members from Water Cooperation Of Oyo State paid a visit to Asejire Waterworks and Eleyele Dam by way of familiarizing with the ongoing projects after his resumption into office and also ensuring that quality water is being supplied to homes for the consumption of the general public

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Hon. Ayoola disclosed that part of the aims of Governor Seyi Makinde’s administration was to re-address issues affecting treatment plants in the state and work towards ensuring that every home has access to portable water.

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In Ogun Truck Crushes Soldier To Death

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A truck, on Friday crushed an officer of the Nigerian Army , identified as R. A. Nata’Ala  to death in Abeokuta, the Ogun State capital.

The incident, as learnt occurred when a heavily loaded truck lost control around Iyana Mortuary area of the metropolis.

The truck marked JJJ 833 XW and laden with stone granite, was coming from Idi-Aba end of Ajebo-Ijaiye Road, when the incident occurred around 10:30am, according to an eye witness.

The driver of the truck, as gathered lost control due to brake failure, veered off his lane and killed the soldier.

The security operative, who was said to be riding a motorcycle alongside other vehicles, had been stopped at the intersection by the traffic light when the truck hit him.

Surprisingly, a female who was on the motorcycle with the soldier escaped death as she jumped off the bike before the truck dragged the motorcycle towards a culvert where the victim was slammed.

The female passenger, who was said to also be a soldier, immediately called some of their colleagues from 35 Artillery Brigade, Alamala, Abeokuta, who hurriedly came to evacuate the remains of the deceased.

The driver of the truck was reported to have abandoned the truck and bolted from the scene for fear of being lynched by angry mob.

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Another eyewitness who was at the scene of the accident said there was panic in the area as residents and motorists feared military officers may unleash terror in the area.

The spokesman for the Ogun Traffic Compliance and Enforcement Corps (TRACE), Babatunde Akinbiyi, confirmed the incident.

He also said the remains of the deceased have been taken to the morgue at State General Hospital, Ijaye.

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