Connect with us

News

Food Prices Rise In February 2024 -NBS

Published

on

The National Bureau of Statistics (NBS) has said that prices of beef, rice, beans, onion, white garri, yam, bread, and other food items increased in February 2024.
It said this in its Selected Food Prices Watch report for February 2024 released in Abuja on Saturday.
The report said that the average price of 1kg of boneless beef increased by 49.41 per cent from N2,445.96 recorded in February 2023 to N3,654.56 in February 2024.
“On a month-on-month basis, 1kg of boneless beef increased by 10.22 per cent in February from the N3,315.78 recorded in January 2024,’’ the report said.
It said that the average price of 1kg of local rice increased by 134.81 per cent on a year-on-year basis from N520.84 recorded in February 2023 to N1,222.97 in February 2024.
“On a month-on-month basis, 1kg of local rice increased by 19.69 per cent from the N1,021.79 recorded in January 2024.”
It said that the average price of 1kg of brown beans increased by 98.25 per cent on a year-on-year basis from N594.15 in February 2023 to N1,177.93 in February 2024.
“On a month-on-month basis, the price increased by 20.62 per cent from the N976.58 recorded in January 2024.”
The NBS said the average price of 1kg of onion bulb rose by 103.44 per cent on a year-on-year basis from N450.07 in February 2023 to 915.61 in February 2024.
“On a month-on-month basis, the price increased by 3.91 per cent from N881.20 recorded in January 2024.’’
The report said that the average price of 1kg of white garri increased by 109.16 per cent on a year-on-year basis from N345.88 in February 2023 to N723.45 in February 2024.
“On a month-on-month basis, 1kg of white garri increased by 20.44 per cent from N600.69 recorded in January 2024 to N723.45 in February 2024. “
In addition, the average price of 1kg of yam tuber rose by 131.33 per cent on a year-on-year basis from the N436.41 recorded in February 2023 to N1009.56 in February 2024.
“On a month-on-month basis, it increased by 11.93 per cent from N901.94 recorded in January 2024 to N1009.56 in February 2024.”
The report said the average price of 500g sliced bread increased by 89.48 per cent on a year-on- year basis from the N553.03 recorded in February 2023 to N1,047.86 in February 2024.
“On a month on month basis, 500g sliced bread increased by 15.91 per cent from the N904.02 recorded in January 2024.”
On state profile analysis, the report showed that in February 2024, the highest average price of 1kg of boneless beef was recorded in Abia at N4,595.69, while the lowest was recorded in Kogi at N2,680.03.
It said that Niger recorded the highest average price of 1kg of local rice at N1,670.96, while the lowest was recorded in Borno at N936.14.
The NBS said that the highest average price of 1kg of brown beans was recorded in Nasarawa at N 1,500.17, while the lowest price was recorded in Sokoto at N734.48
It said the highest average price of 1kg of onion bulb was recorded in Akwa Ibom at N1,391.41 while the lowest was recorded in Zamfara at N446.67.
According to the report, Ogun recorded the highest average price of 1kg of white garri at N821.48, while the lowest was reported in Benue at N480.32.
It said Bayelsa recorded the highest average price of 1kg of yam tuber at N 1,452.95, while the least average price was recorded in Borno at N 626.59.
The NBS said Rivers recorded the highest average price of 500g sliced bread at N1,562.5, while the lowest price was recorded in Borno at N655.53.
Analysis by zone showed that the average price of 1kg of boneless beef was highest in the South-East at N4,483.78, followed by the South-West at N3,740.72.
“The lowest price was recorded in the North-West at N3,315.50.”
The South-West and North-Central recorded the highest average price of 1kg of local rice at N1,336.79 and N1,319.95 respectively, while the lowest price was in the North-West at N1,073.92.
The report said that the South-South recorded the highest average price of 1kg of brown beans at N1,395.23, followed by the South-East at N1,384.72 , while the North-Central recorded the lowest price at N638.88.
It said that the South-South and South-West recorded the highest average price of 1kg of onion bulb at N1,363.66 and N1,047.61, respectively, while the lowest was recorded in the North-West at N546.79
The NBS said also that the South-East and South-South recorded the highest average price of 1kg of white garri at N788.28 and N760.23.
“The North-Central recorded the lowest price of 1kg of white garri at N638.88.”
The report said the South-South recorded the highest average price of 500g sliced bread, followed by the North-Central.
“The North-East recorded the lowest average price of 500g sliced bread at N867.31,” the NBS said.

Continue Reading

News

Monarch Fingers Political Class On Community’s Socio-Economic Woes

Published

on

Paramount Ruler of Owei-wari Community of Biseni Clan in the Yenagoa Local Government Area of Bayelsa State, HRH Elijah Opia Churchman, has alleged that some members of the political class in the clan were against the socio-economic prosperity and development of his community.
The royal father stated this recently at the State Secretariat complex, Yenagoa, the state capital, during an interview with Journalists shortly after his exit from the Federal High Court, Yenagoa, where he said he was currently pursuing a case the community instituted against some alleged anti-development agents.
He said while the Owei-wari Community used to be a compound in one of the communities of the kingdom, some years ago as landlords and host of an oil firm operating in the area, the compound having been overwhelmed by the constant outcry of marginalization by its people, moved for recognition as an autonomous community in the clan.
The monarch, who also bared his mind on the intentions of a group called “the Progressive Minded forum of Biseni clan”, said the group has been a strong advocate of the creation of more clans for the people of Biseni in which his community would also be a clan.
He reaffirmed his commitment to the continued pursuit of peace, progress and development of his community and the entire clan, noting, however, that for years now some members of the political class in the area have conspicuously been working against the realization of the dreams and yearnings of the Owei-wari Community.
“We’re working assiduously to see that at least six clans are created in the current Biseni clan so that Owei-wari Community with over 13 settlements becomes one of them, but some politicians and a few of their followers in the clan are working against us for no obvious reasons.
“We’ve advised the King of Biseni Clan that his scope of domain should extend to all Biseni communities and lands from the Orashi River, River Nun, through River Niger so that he can oversee the entire six clans that we plan to create in the kingdom.
“In our thinking as it were, now that we’ve Okordia/Biseni/Zarama in Yenagoa Local Government Area for the state House of Assembly constituency, when more clans are created in Biseni in which communities like Egbebiri, Tein, Toboru, Akpede and Owei-wari would become clans, then as a kingdom, whenever it’s our turn to produce the Assembly member we can then rotate it amongst the clans in Biseni Kingdom and not as it were presently”, the royal father said.
He continued that, “We think that it’s going to be of political, social and economic advantage to us as a clan, but some members of the political class were bent on undoing Owei-wari Community and the clan in general.
“As a community, recently we’ve written to the Nigerian Agip Oil Company (NAOC) to develop all the satellite villages and fishing camps to modern cities in Owei-wari and make them economically viable.
“So, by our expectations, some are to have the status of academic cities, industrial cities, etc.”

By: Ariwera Ibibo-Howells, Yenagoa

Continue Reading

News

You Failed Nigerians, Falana Slams Power Minister

Published

on

Human rights lawyer, Femi Falana, SAN, has passed a vote of ‘no confidence’ in the Federal Government, saying that the Minister of Power, Adebayo Adelabu, has failed Nigerians.

Falana was reacting to Adelabu’s appearance before the Senate to defend the increase in the electricity tariff and what Nigerians would pay on Monday.

The rights activists also claimed that the move is a policy imposed on the Nigerian government by the International Monetary Funds (IMF) and the World Bank.

Speaking on the Channels TV show on Monday night, Falana said, “The Minister of Power, Mr Adebayo Adelabu has failed to address the question of the illegality of the tariffs.

“Section 116 of the Electricity Act 2023 provides that before an increase can approved and announced, there has to be a public hearing conducted based on the request of the DISCOS to have an increase in the electricity tariffs. That was not done.

“Secondly, neither the minister nor the Nigeria Electricity Regulatory Commission has explained why the impunity that characterised the increase can be allowed.”

Falana also expressed worry over what he described as impunity on the part of the Federal Government and electricity regulatory commission.

““I have already given a notice to the commission because these guys are running Nigeria based on impunity and we can not continue like this. Whence a country claims to operate under the rule of law, all actions of the government, and all actions of individuals must comply with the provisions of relevant laws.

“Secondly, the increase was anchored on the directives of the commission that customers in Band A will have an uninterrupted electricity supply for at least 20 hours a day. That directive has been violated daily. So, on what basis can you justify the increase in the electricity tariffs”, Falana queried.

The human rights lawyer alleged that the Nigerian government is heeding an instruction given to her by the Bretton Wood institutions.

He alleged, “The Honourable Minister of Power is acting the script of the IMF and the World Bank.

“Those two agencies insisted and they continue to insist that the government of Nigeria must remove all subsidies. Fuel subsidy, electricity subsidy and what have you; all social services must be commercialised and priced beyond the reach of the majority of Nigerians.

“So, the government cannot afford to protect the interest of Nigerians where you are implementing the neoliberal policies of the Bretton Wood institutions.”

The Senior Advocate of Nigeria accused Western countries led by the United States of America of double standards.

According to him, they subsidize agriculture, energy, and fuel and offer grants and loans to indigent students while they advise the Nigerian government against doing the same for its citizens.

Following the outrage that greeted the announcement of the tariff increase, Adelabu explained that the action would not affect everyone using electricity as only Band A customers who get about 20 hours of electricity are affected by the hike.

Falana, however, insisted that neither the minister nor the National Electricity Regulatory Commission (NERC) has justified the tariff increase.

The senior lawyer said that Nigerian law gives no room for discrimination against customers by grading them in different bands.

He insisted that the government cannot ask Nigerians to pay differently for the same product even when what has been consistently served to them is darkness.

Following the outrage over the hike, Adelabu on Monday appeared at a one-day investigative hearing on the need to halt the increase in electricity tariff by eleven successor electricity distribution companies amid the biting economic situation in Nigeria.

However, Falana said that nothing will come out of the probe by the Senate.

He advised that the matter has to be taken to court so that the minister and the Attorney General of the Federation can defend the move.

Continue Reading

News

1.4m UTME Candidates Scored Below 200  -JAMB 

Published

on

The Joint Admissions and Matriculation Board (JAMB) on Monday, released the results of the 2024 Unified Tertiary Matriculation Examination, showing that 1,402,490 candidates out of  1,842,464 failed to score 200 out of 400 marks.

The number of candidates who failed to score half of the possible marks represents 78 per cent of the candidates whose results were released by JAMB.

Giving a breakdown of the results of the 1,842,464 candidates released, the board’s Registrar, Prof. Ishaq Oloyede, noted that, “8,401 candidates scored 300 and above; 77,070 scored 250 and above; 439,974 scored 200 and above while 1,402,490 scored below 200.”

On naming the top scorers for the 2024 UTME, Oloyede said, “It is common knowledge that the Board has, at various times restated its unwillingness to publish the names of its best-performing candidates, as it considers its UTME as only a ranking examination on account of the other parameters that would constitute what would later be considered the minimum admissible score for candidates seeking admission to tertiary institutions.

“Similarly, because of the different variables adopted by respective institutions, it might be downright impossible to arrive at a single or all-encompassing set of parameters for generating a list of candidates with the highest admissible score as gaining admission remains the ultimate goal. Hence, it might be unrealistic or presumptive to say a particular candidate is the highest scorer given the fact that such a candidate may, in the final analysis, not even be admitted.

“However, owing to public demand and to avoid a repeat of the Mmesoma saga as well as provide a guide for those, who may want to award prizes to this set of high-performing candidates, the Board appeals to all concerned to always verify claims by candidates before offering such awards.”

Oloyede also noted that the results of 64,624 out of the 1,904,189, who sat the examination, were withheld by the board and would be subject to investigation.

He noted that though a total of 1,989,668 registered, a total of 80,810 candidates were absent.

“For the 2024 UTME, 1,989,668 candidates registered including those who registered at foreign centres. The Direct Entry registration is still ongoing.

“Out of a total of 1,989,668 registered candidates, 80,810 were absent. A total of 1,904,189 sat the UTME within the six days of the examination.

“The Board is today releasing the results of 1,842,464 candidates. 64,624 results are under investigation for verification, procedural investigation of candidates, Centre-based investigation and alleged examination misconduct”, he said.

Oloyede also said the Board, at the moment, conducts examination in nine foreign centres namely: Abidjan, Ivory Coast; Addis Ababa, Ethiopia; Buea, Cameroon; Cotonou, Republic of Benin; London, United Kingdom; Jeddah, Saudi Arabia; and Johannesburg, South Africa.

“The essence of this foreign component of the examination is to market our institutions to the outside world as well as ensuring that our universities reflect the universality of academic traditions, among others. The Board is, currently, fine-tuning arrangements for the conduct of the 2024 UTME in these foreign centres,” he explained.

Continue Reading

Trending