Shettima says Tinubu is not Taking Security Challenges Lightly

Shettima made this claim on Monday at the Presidential Villa while meeting with the Nigerian News Agency’s leadership. The Vice President was cited in a statement by his spokesperson, Stanley Nkwocha, as saying, “The President is very much interested in the security situation in the nation and is not taking it lightly.” “The international lecture…

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Inflation: Nigerians To Spend 54.9% Income On Food In Next Six Months, Says CBN

This is because food inflation is over 40% and the overall inflation rate is 33.40 percent according to the  National Bureau of Statistics (NBS) most recent data. According to the CBN report, the survey, which had a 99.7% response rate, was conducted from July 22 to July 26, 2024.  The NBS master sample list, which included 1,665 homes across the 36 federation states and the Federal Capital Territory, was used to determine the sample size. According to the Household Expectations Survey data the CBN made available on its website, many Nigerians plan to reduce their consumption of non-essential commodities over the course of the next three to six months. However, throughout the next six months, they want to spend 54.9% of their income on food.

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SERAP Sues Akpabio, Abbas For ‘Fixing Running Costs’ Of Lawmakers

The leadership of the National Assembly members is being sued by the Socio-Economic Rights and Accountability Project (SERAP) for allegedly increasing the operating expenses of legislators. Speaker of the House of Representatives Tajudeen Abbas and Senate President Godswill Akpabio joined the lawsuit. “The unlawful practice of the National Assembly of establishing its allowances and running costs, and the failure to account for the monthly running costs provided to members,” according to the group, was not addressed by the two. Deputy Director of SERAP Kolawole Oluwadare revealed this in a Friday statement stating that the lawsuit was submitted to the Federal High Court in Abuja last Friday.

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