NEWS
Nigeria’s Inflation Rate Rose to 24.23 % in March- NBS

The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate rose to 24.23 per cent in March 2025.The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for March 2025, which was released in Abuja.According to the report, the headline inflation showed an increase of 1.
05 per cent compared to the 23. 18 per cent recorded in February 2025. Furthermore, the report said on a month-on-month basis, the headline inflation rate in March 2025 was 3.90 per cent, which was 1.85 per cent higher than the rate recorded in February 2025 at 2.04 per cent.“This means that in March 2025, the rate of increase in the average price level is higher than the rate of increase in the average price level in February 2025.”The report said the increase in the headline index for March 2025 on a year-on-year and month-on-month basis was attributed to the increase in some items in the basket of goods and services at the divisional level.It said these increases were observed in food and non-alcoholic beverages; restaurants and accommodation services; transport; housing, water, electricity, gas, and other fuel; education services; health; and clothing and footwear.Others are information and communication; personal care, social protection and miscellaneous goods and services; furnishings, household equipment and maintenance; insurance and financial services; alcoholic beverages, tobacco and narcotics, recreation sports and culture.The report said the food inflation rate in March 2025 was 21.79 per cent on a year-on-year basis.However, on a month-on-month basis, food inflation rate in March was 2.18 per cent , which increased by 0.50 per cent compared to the 1.67 per cent recorded in February 2025 .The NBS said the increase in the food inflation figure was atributed to the rate of increase in the average prices of Ginger (fresh), Garri (Yellow), Broken Rice (Ofada), and Honey (Natural Production).Others are Crabs, Potatoes, Plantain Flour, Periwinkle (Unshelled), and Pepper (Fresh) among others,The report said “all items less farm produce and energy’’ or core inflation, which excludes the prices of volatile agricultural produce and energy, stood at 24.43 per cent in March 2025 on a year-on-year basis.“While on a month-on-month basis, the Core Inflation rate was 3.73 per cent in March, which increased by 1.21 per cent compared to the 2.52 per cent recorded in February.”The NBS said on a month-on-month basis Farm Produce rate stood at 2.64 per cent compared to the 1.77 per cent recorded in February 2025.The report said Energy rate stood at 9.21 per cent in March on a month-on-month basis, compared to the – 0.99 per cent recorded in February.It said Services stood at 3.344 per cent in March 2025 on a month-on-month basis, compared to 3.38 per cent in February.“While Goods had a rate of 3.89 per cent on a month-on-month basis compared to the 1.29 per cent recorded in February.”The report said on a year-on-year basis in March 2025, the urban inflation rate was 26.12.“On a month-on-month basis, the urban inflation rate was 3.96 in March 2025, which increased by 1.56 per cent compared to February at 2.40 per cent.The report said on a year-on-year basis in March, the rural inflation rate was 20.89 per cent.“On a month-on-month basis, the rural inflation rate was 3.73 per cent in March, which increased by 2.57 per cent compared to February at 1.16 per cent.”On states’ profile analysis, the report showed that in March , all items’ inflation rate on a year-on-year basis was highest in Kaduna at 33.33 per cent, followed by Osun at 32.08 per cent , and Kebbi at 30.74 per cent.It, however, said the slowest rise in headline inflation on a year-on-year basis was recorded in Akwa Ibom at 12.81 per cent, followed by Bayelsa at 14.02 per cent, and Sokoto at 14.83 per cent.The report, however, said in March 2025, all items inflation rate on a month-on-month basis was highest in Kaduna at 18.85 per cent, followed by Osun at 16.49 per cent, and Oyo at 14.44 per cent.“Sokoto at -8.66 per cent, followed by Nasarawa at -4.38 per cent and Kwara at -3.69 per cent recorded the slowest rise in month-on-month inflation.”The report said on a year-on-year basis, food inflation was highest in Oyo at 34.41 per cent, followed by Kaduna at 31.14 per cent, and Kebbi at 30.85 per cent.“Bayelsa at 9.61 per cent, followed by Adamawa at 12.41 per cent and Akwa Ibom at 12.60 per cent recorded the slowest rise in food inflation on a year-on-year basis.’’The report, however, said on a month-on-month basis, food inflation was highest in Oyo at 19.74 per cent, followed by Kaduna at 17.24 per cent, and Kebbi at 14.03 per cent.“Sokoto at -14.10 per cent, followed by Nasarawa at -9.91 per cent and Edo at -5.78 per cent, recorded the slowest rise in inflation on a month-on-month basis.” The NBS recently rebased the CPI and released the rebased CPI results for January 2025 in February.The Statistician-General of the Federation, Adeyemi Adeniran said the rebasing was designed to ensure that Nigeria’s economic indicators accurately reflect the current structure of the economy.This according to him, was also to incorporate new and emerging sectors, updating consumption baskets, and refining data collection methods.Adeniran said part of the process of rebasing the CPI included bringing the base year closer to the current period, from 2009 to 2024. (NAN)NEWS
Tinubu Honors Buhari, Renames University of Maiduguri after Late President

By David Torough, Abuja
President Bola Tinubu has approved the renaming of the University of Maiduguri, Borno State as Muhammadu Buhari University.
“May we now adopt the University of Maduguri as the Muhammadu Buhari University,” Tinubu said at the close of a special session of the Federal Executive Council held to honour Buhari at the Aso Rock Villa, Abuja on Thursday.
The President paid a glowing tribute to Buhari, describing him as “a good man, a decent man, an honourable man” whose legacy of discipline, patriotism and moral uprightness would endure for generations.
Tinubu said although the late president was not without flaws, his unwavering commitment to national service set him apart.
“President Buhari was not a perfect man, no leader is, but he was, in every sense of the word, a good man, a decent man, an honourable man.
“His record will be debated, as all legacies are, but the character he brought to public life, the moral force he carried, the incorruptible standard he represented, will not be forgotten.
“His was a life lived in full service to Nigeria, and in fidelity to God,” he said.
Reflecting on Buhari’s time in office and his long military and civil service, Tinubu praised the late leader’s simplicity, humility, and stoic resistance to the trappings of power.
He said, “He stood, always, ramrod straight; unmoved by the temptation of power, unseduced by applause and unafraid of the loneliness that often visits those who do what is right, rather than what is popular.
“His was a quiet courage, a righteousness that never announced itself. His patriotism lived more in action than in words.”
Tinubu also recounted their political alliance, which culminated in the historic 2015 elections that marked Nigeria’s first democratic transfer of power from one ruling party to another.
“We stood together, he and I. Alongside others drawn from across the political spectrum, regions and tongues, we formed an alliance that enabled Nigeria to experience its first true democratic transfer of power from one ruling party to another.
“When he was sworn in as our party’s first elected President, he led with restraint, governed with dignity, and bore the burdens of leadership without complaint,” he said.
The President expressed admiration for Buhari’s post-office modesty, noting that he returned to his hometown, Daura, without seeking to wield influence behind the scenes.
“When his tenure ended, he returned to Daura; not to command from the shadows or to hold court, but to live as he always had, never seeking to impose his will but content to let others carry the nation forward.
“Even in death, he maintained the serenity that defined him in life: not a sigh, not a groan, just a quiet submission to the will of God. Such was the man Nigeria has lost. Such was the man for whom our nation now mourns,” he added.
Tinubu thanked the Inter-Ministerial Committee and Katsina State Governor, Dikko Radda, for organising a befitting state funeral within 48 hours, describing it as a “profound honour” to lead the burial procession in Daura.
He concluded his tribute with a prayer: “Mai Gaskiya, the People’s General, the Farmer President, your duty is done. May Almighty Allah forgive his shortcomings and grant him Aljannah Firdaus. May his life continue to inspire generations of Nigerians to serve with courage, conviction, and selflessness. President Buhari, thank you. Nigeria will remember you.”
Buhari died on Sunday, July 13, at the age of 82.
NEWS
C’River First Female NUJ Chairman Describes Tenure as Trial Period

The first female Chairman of the Nigeria Union of Journalists (NUJ) in Cross River, Archibong Bassey has said that her first tenure in office was a trial period.
Bassey, who was returned unopposed in council’s election, made the assertion in an interview on Thursday in Calabar.
The Bassey- led executive was first elected on 9th May 2025, to complete the tenure of Nsa Gill, who was then appointed as Chief Press Secretary to Gov.
Bassey Otu.The chairman, who thanked the members for keeping faith in her and her team, said that she would improve on her achievements while correcting any mistakes she might have made in her first tenure.
She pleaded that any member who she must have offended in the course of her leadership should forgive her as she was not perfect and called for unity among members.
“Let’s leave any form of rancour behind, I need all your support;push me from the back, support me as you can.
‘’Tell me your ideas of moving the council forward and not what someone told you about me; I am asking God for the spirit of humility and love, to enable me lead the council well.’’
Earlier in his goodwill message, Dr Erasmus Ekpang, Cross River’s Commissioner for Information, had commended the union’s unity in electing its new executives.
According to Ekpang, they will continue as a government to give the Cross River Council of NUJ what it needs and all the necessary support to enable it carry out its functions objectively.
“I want to thank you for your unity, it’s better to come unopposed, I believe one day, the Cross River Council will emerge as the best in the nation,” he said.
Other executive members who were returned unopposed are Mr Sunday Inah of the Cross River Broadcasting Corporation (CRBC) as Vice Chairman, Michael Abang of Business Day as Secretary.
Others are Kingsley Agim of the Cross River Ministry of Information as Assistant Secretary, Mrs Achiane Adams of the Ministry of Information, Treasurer, and Benedine Tete Anam of the Federal Radio Corporation of Nigeria (FRCN), Auditor.
NEWS
Gov Makinde Confered With Prestigious Chieftaincy Title of Aare Omoluabi of Akure Land by Akure Kingdom

The Akure Kingdom will today bestow a prestigious chieftaincy title, Aare Omoluabi of Akure Land, meaning President of the Respectable People, upon His Excellency, Governor Seyi Makinde of Oyo State.
The conferment ceremony, which will take place in Akure, Ondo State, marks a significant recognition of Governor Makinde’s exemplary leadership, integrity, and contributions to the advancement of Yoruba culture and national development.
The title, one of the highest honors in the Akure Kingdom, celebrates individuals who embody the virtues of respect, dignity, and service to humanity.
Governor Makinde’s conferment reflects his outstanding commitment to good governance, infrastructural development, and fostering unity across Nigeria.
The ceremony will be attended by traditional rulers, dignitaries, and government officials, underscoring the significance of this historic event.
This honor further strengthens the bond between Oyo and Ondo States, fostering mutual respect and cooperation for the progress of the Yoruba nation and Nigeria at large.