News
NBS Confirms Rise In Inflation …As Kerosene, Gas Prices Increase

The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI) which measured inflation for September increased to 11.28 per cent (year-on-year) from 11.23 per cent recorded in August.
The NBS disclosed this in its “CPI and Inflation Report” for September released in Abuja, yesterday.
According to the Bureau, the figure is 0.05 per cent points higher than the rate recorded in August.
The report showed that increases were recorded in all the Classification of Individual Consumption by Purpose (COICOP) divisions that yielded the headline index.
On month-on-month basis, NBS said that the Headline Index increased by 0.84 per cent in September down by 0.21 per cent points from the rate recorded in August (1.05 per cent).
It said that the percentage change in the average composite CPI for the 12 months period ended September over the average of CPI for the previous 12 months period.
It, however, measured the CPI at 13.16 per cent in the period under review, showing 0.39 per cent point from 13.55 per cent recorded in August.
The NBS said the average price per litre paid by consumers for National Household Kerosene increased to N297.28 in September from N288.75 recorded in August.
The NBS disclosed this in its National Household Kerosene Price Watch for September released in Abuja, yesterday.
The bureau said the price of Kerosene increased by 2.95 per cent month-on-month and 12.40per cent year-on-year.
It named states with the highest average price per litre of kerosene to include Abuja (N350.00), Niger (N337.88), and Enugu (N344.67).
It said the states with the lowest average price per litre of kerosene were Borno (N250.00), Abia and Kogi (N241.67) and Kwara (N235.28).
According to the bureau, the average price per gallon paid by consumers for Kerosene increased by 3.95 per cent month-on-month and by 15.75per cent year-on-year.
The NBS said the price per gallon paid by consumers for kerosene increased to N1,127.05 in September from N1,084.24 paid in August.
It said the states with the highest average price per gallon of kerosene were Ebonyi (N1260.00), Jigawa (N1,258.33) and Ekiti (N1,253.33).
According to NBS, the states with the lowest average price per gallon of kerosene are Benue (N1,016.64), Bayelsa (N994.90) and Akwa Ibom (N956.01).
The average cost of refilling a five kilogramme (kg) cylinder for Liquefied Petroleum Gas (Cooking Gas) increased to N2,107 from N2,054 recorded in August.
The bureau disclosed this in its “Liquefied Petroleum Gas (Cooking Gas) Price Watch’’ (September 2018) report on Tuesday in Abuja.
It said the price for refilling a 5kg cylinder of cooking gas increased by 2.60 per cent month on month and 10.26 per cent year-on-year in the period under review.
According to the bureau, states with the highest average price for refilling a five kg cylinder for cooking gas are Bauchi (N2,400.00), Borno (N2,440.00) and Gombe (N2,487.50).
It said states with the lowest average price for refilling a five kg cylinder for cooking gas were Abuja and Ebonyi (N1,900.00), Enugu (N1,865.45) and Kaduna (N1,800.00).
Similarly, the NBS said the average cost of refilling a 12.5kg cylinder for cooking gas increased from N4,366.48 in August to N4,376.19 in September.
It said the price increased by 2.88 per cent month-on-month and 8.00 per cent year-on-year in the month under review.
“States with the highest average price for the refilling of a 12.5kg cylinder for cooking gas are Akwa Ibom (N5,000.00), Benue (N4,881.25) and Borno (N4,666.67).
“Also, states with the lowest average price for the refilling of a 12.5kg cylinder for cooking gas are Kano and Kebbi (N4,033.33), Yobe (N4,015.81) and Lagos (N4,000.00).”
News
Ibas Inaugurates RSIEC, Service Commissions, Healthcare Board In Rivers …Charges Appointees To Embrace Principles Of Service

The Administrator of Rivers State, Vice Admiral (Rtd) Ibok-Ete Ibas, has charged newly appointed Board members to uphold the highest standards of discipline, competence, integrity, and unwavering dedication in their service to the State.
He emphasized that such commitment is critical to stabilizing governance, restoring democratic institutions, and advancing the principles of good governance in the State.
This was contained in a statement by the Administrator’s Senior Special Adviser on Media, Hector Igbikiowubo on Monday.
Ibas issued the charge on Monday while inaugurating the reconstituted Rivers State Independent Electoral Commission (RSIEC), Rivers State Civil Service Commission, Rivers State Local Government Service Commission, and the Rivers State Primary Health Care Management Board at Government House, Port Harcourt.
The Administrator urged the new appointees to embrace their roles with diligence, patriotism, and a commitment to transforming Rivers State through excellent service.
Addressing the Chairman and members of RSIEC, Ibas underscored their pivotal role in ensuring credible local government elections that reflect the will of the people.
“Your task is clear but demanding: to conduct free, fair, transparent, and credible elections at the grassroots level. You must resist bias, favoritism, and external interference while restoring public confidence in the electoral process,” he stated.
“The independence of your actions is crucial to sustaining peace, stability, and grassroots governance. I urge you to act with fairness, impartiality, and professionalism—even in the face of difficult choices,” Ibas added.
The Sole Administrator also charged the Rivers State Civil Service Commission on the need to eliminate mediocrity and foster a culture of excellence through merit-based recruitment, training, and promotions.
“The civil service must transition from favoritism to competence, integrity, and accountability. Your commission will lead reforms, including digital transformation and standardized practices across ministries, departments, and agencies,” he said.
He disclosed that extensive training programmes are underway, with a committee set up to overhaul the public service framework for greater efficiency.
Meanwhile, Ibas urged the Rivers State Local Government Service Commission to ensure professionalism and discipline in local government administration.
“As the closest tier of government to the people, you must drive reforms that insulate the system from politics and mediocrity. Your mandate includes merit-based recruitment, training, and enforcing standards for effective service delivery,” he stated.
In the same vein, the Administrator charged the Rivers State Primary Health Care Management Board with revitalizing healthcare delivery across the state’s 23 local government areas.
“Primary healthcare is the foundation of a sustainable health system. Your board must ensure facilities are adequately staffed, equipped, and operational focusing on maternal health, immunization, malaria control, and community health services,” he said.
He emphasized data-driven operations, incentives for rural health workers, and restoring the referral system to improve healthcare access.
He also assured the Board of sustained government support, including funding, for the effective discharge of their mandates but warned that board members would be held accountable for their performance.
The newly inaugurated members include: RSIEC: Dr. Michael Ekpai Odey (Chairman) with Prof. Arthur Nwafor, Prof. Joyce Akaninwor, and others as members.
Civil Service Commission: Dr. Livinus Bariki (Chairman), Amb. Lot Egopija, Mrs. Maeve Bestman, and others.
Local Govt. Service Commission: Mr. Isreal Amadi (Chairman), Rear Adm. Emmanuel Ofik (Rtd), Dr. Tonye Pepple, and others.
Primary Health Care Board: Dr. Dawari George (Chairman), Dr. Chituru Adiele (Executive Director), Prof. Kaladada Korubo, and representatives from key ministries.
News
Rivers PDP Debunks Sale Of LGA Election Forms

The Publicity Secretary of the Peoples Democratic Party (PDP) in Rivers State, Dr. Kenneth Yowika, has debunked claims that the party has commenced sale of forms for chairmanship and councillorship elections across the 23 local government areas of the state.
Yowika made the rebuttal in a statement made available to newsmen on Wednesday, describing the publication on the social media as baseless and untrue.
He urged members of the PDP to disregard the claim, saying that official communication regarding the sale of forms would be disclosed through the appropriate channels.
“With reference to information trending on social media, it has been falsely claimed that the sale of forms for Chairmanship and Councillorship elections in the 23 Local Government Areas (LGAs) of Rivers State will begin soon.
“However, the party has firmly denied these rumours, stating that they are baseless and untrue.
“The party has its own established methods of reaching out to its numerous supporters.
“The People’s Democratic Party, a law-abiding organisation, will patiently await the release of guidelines from the recently inaugurated Rivers State Independent Electoral Commission (RSIEC) before considering any sale of election forms.
“The PDP is urging its members to remain calm as official communication regarding the sale of forms will be disclosed through appropriate channels,” the statement read.
Enoch Epelle
News
South-South contributes N34trn to Nigeria’s economy in 2024 – Institute
Prof. Pius Olanrewaju, President of the Chartered Institute of Bankers of Nigeria (CIBN), has stated that the South-South region contributes N34 trillion to country’s economy in 2024.
He made the remark at the South-South Zonal Banking and Finance Conference in Calabar, yesterday.
He spoke on the theme, ‘’Building An Inclusive South-South: Economic Diversification as a Catalyst For Development.’’
Olanrewaju, who quoted the data from the Cable Data Index, said the feat was more than 21 per cent of Nigeria’s real Gross Domestic Product (GDP).
The president described the growth as ‘’ impressive,’’ saying that it was not driven by oil alone but significant expansions in trade, services, and the creative industries.
According to him, to fully harness this potential, coordinated financial, technological, and policy support is essential.
“As we work to reposition the South-South for broad-based prosperity, the financial system must play a central role, not merely as a source of capital, but as a catalyst for innovation, ideas incubation, and inclusive economic growth.
“This conference, therefore, provides a strategic opportunity for stakeholders to reimagine the South-South economy, not merely as a resource belt, but as a region of diverse capabilities and resilient enterprises.”
Olanrewaju added that Nigeria must move beyond old models and chart a new course for the development of the South-South region, where financial institutions and stakeholder collaborate to diversify the economy for shared prosperity.
He, however, commended Gov. Bassey Otu for his pledge of land for CIBN Secretariat in Cross River and being the first sitting governor to willingly undergo and complete the Chartered Bankers Programme.
On his part, Gov. Otu said that the conference discussion on the economic diversification in South-South region was timely against the backdrop of global trade and economic volatility that was affecting the nation’s economy.
Represented by his deputy, Mr Peter Odey, Otu said the South-South region must now act with urgency to diversify its economy while leveraging its shared natural endowment in agriculture and extractive resources.
“This conference must help develop tailored financial solutions that reflect the unique strengths and realities of states like Cross River in the south-south.
“Diversification should be evidence-based and must be backed not just by financial advice but project focused financing and real investment support,” he noted.
He said that Cross River had taken the bold step to invest in its agricultural sector by launching an Agro processing hub.
Otu further said that the state had invested in aviation by acquiring more aircrafts for Cally Air, construction of the Bakassi Deep Seaport and injecting N18 billion in its tourism sector.
Similarly, Mr Tolefe Jibunoh, Cross River Branch Controller of the Central Bank of Nigeria (CBN) said that the region was blessed with natural resources, cultural diversities and immense human potentials.
Jibunoh, who was represented by Mr Segun Shittu, Head, Currency Control Office, CBN, Calabar, noted that strategic diversification could unlock unprecedented opportunities for growth in the region.
He added that the CBN remained steadfast to maintain monetary possibilities and promote a sound financial system as a catalyst for sustainable economic development for the benefit of all.
-
Niger Delta2 days ago
Adopt African System Against Crime, Don Urges Security Agencies
-
Politics2 days ago
2027: Group Vows To Prevail On Diri To Dump PDP For APC
-
Features2 days ago
25 Years After: NDDC Celebrates Milestones Of Impactful Development
-
Politics2 days ago
Atiku’s Exit No Problem To PDP – Makinde
-
News2 days ago
Rivers Police Arrest Notorious Cultist, Recover Sophisticated Ammunition
-
Rivers2 days ago
Nigeria Customs Intercepts 16 Containers Worth Over N20bn
-
News2 days ago
Ibas Inaugurates RSIEC, Service Commissions, Healthcare Board In Rivers …Charges Appointees To Embrace Principles Of Service
-
Rivers2 days ago
Monarch Cautions Youths Against Illicit Drug Consumption