NEWS
Nigeria’s Inflation Rate Slides to 15.39 Per Cent in August – NBS
By Tony Obiechina, Abuja
The National Bureau of Statistics (NBS) on Tuesday disclosed that headline inflation has eased to 15.39 percent in August, 2026.
The NBS in its latest Consumer Price Index (CPI) figures for August 2026 said the development followed the completion of the recent rebasing exercise which centred on a new CPI base year of 2024 and a weight reference period of 2023.
It noted that the Consumer Price Index (CPI) increased to 146.3 in August 2026 and reflects a 1.0-point increase from the preceding month.
Prince Adeyemi Adeniran, Statistician General of the Federation said in a statement that the month-on-month headline inflation rate in August 2026 was 0.
71%, which was 0.86% lower than the rate recorded in July 2026 (1.57%).This shows that the average prices of items are increasing at a decreasing rate in August 2026.
The latest report notes that the three major contributors to the headline inflation were Food and non-alcoholic Beverages: 6.16%, Restaurants & Accommodation Services: 1.99%, and Transport: 1.64%; while the least contributors were Recreation, Sport, and Culture: 0.05%, Alcoholic Beverages, Tobacco, and Narcotics: 0.06%, and Insurance and Financial Services: 0.07%.
The report further said the Food inflation rate in August 2026 was 19.57% on a year-on-year basis, lower than 25.30% recorded in August 2025. Also, on a month-on-month basis, the Food Inflation rate in August 2026 was 1.02%, down by 4.55% points from July 2026 (5.56%). This shows that the average prices of food items are increasing at a decreasing rate in August 2026. The decline in the rate can be attributed mainly to changes in the average prices of Palm Oil, Carrots, Pepper, Onions, Cassava Flour, Beef, Yam Flour, Water Yam, Melon (Egusi), Fresh Ginger Fresh Fish, Irish Potatoes, Wheat Grain, Frozen Chicken, Turkey Meat, Yam Flour, among others.
Core Inflation, which excludes the prices of volatile agricultural produce and energy, stood at 13.29% in August 2026 on a year-on-year basis. On a month-on-month basis, the core inflation rate was -0.06% in August 2026, down by 0.21% compared to July 2026 (0.15%).
The inflation rate of the sub-indices for August 2026 shows that the monthly change recorded were Farm Produce (1.35%), Energy (-0.36%), Services (0.12%), Goods (0.45%) and Imported Food (0.91%).
Meanwhile, the inflation rate on a year-on-year basis recorded were as follows; Farm Produce (21.52%), Energy (4.69%), Services (15.38%), Goods (14.74%) and Imported Food (12.82%).
Urban and Rural Inflation Rates:
On a year-on-year basis, the urban inflation rate in August 2026 was 15.88%. On a month-on-month basis, the urban inflation rate was 0.28% in August 2026, down by 1.62% compared to July 2026 (1.90%).
The rural inflation rate in August 2026 was 14.23% on a year-on-year basis. On a month-on-month basis, the rural inflation rate in August 2026 was 1.79%, up by 1.01% compared to July 2026 (0.78%).
In analysing price movements under this section, the statement noted that CPI is weighted by consumption expenditure patterns that differ across States and locations. Accordingly, the weight assigned to a particular Food or Non-Food item may differ from State to State making interstate comparisons of consumption basket inadvisable and potentially misleading.
In August 2026, the All-Items inflation rate on a Year-on-Year basis was highest in Lagos (23.68%), Zamfara (22.56%), and Enugu (22.06%), while Sokoto (2.11%), Kebbi (3.72%) and Jigawa (3.81%) recorded the lowest rise in Headline inflation on a Year-on-Year basis. On a Month-on-Month basis, however, August 2026 recorded the highest increases in Rivers (6.92%), Osun (5.61%) and Kano (5.59%), while Anambra (-8.83%), Bauchi (-7.13%), and Borno (-7.09%) recorded the lowest rise in the Month-on-Month inflation.
In August 2026, Food inflation on a Year-on-Year basis was highest in Adamawa (38.85%), Zamfara (37.96%), and Bayelsa (36.20%), while Borno (-4.04%), Jigawa (-0.23%) and Kebbi (3.47%) recorded the slowest rise in Food inflation on a Year-on-Year basis. On a Month-on-Month basis, however, August 2026 Food inflation was highest in Katsina (9.48%), Rivers (8.86%) and Osun (8.32%), while Taraba (-12.42%), Borno (-12.15%), and Bauchi (-8.88%) recorded the slowest rise in Food inflation on a Month-on-Month basis.
NEWS
Insecurity: NAF, Army Get Fresh Boost for War against Terror, Banditry
By David Torough, Abuja
The Federal Government has stepped up efforts to strengthen Nigeria’s security architecture, with the Nigerian Air Force (NAF) taking delivery of five new helicopters and the Nigerian Army preparing to deploy additional troops, including a fresh battalion, to Plateau State.
The twin developments are part of ongoing efforts to enhance the capacity of the Armed Forces to confront terrorism, kidnapping, banditry and other emerging security threats across the country.
The NAF, on Tuesday, received three AW-109 Trekker B helicopters manufactured by Leonardo Helicopters of Italy, bringing the number of newly delivered helicopters to five.
The other two platforms, H-125 helicopters manufactured by Airbus Helicopters, had been delivered earlier.According to the NAF spokesman, Air Commodore Ehinmen Ejodame, the three AW-109s are part of 10 helicopters recently acquired by the Federal Government. The remaining seven are expected to arrive before the end of 2026.
Chief of the Air Staff, Air Marshal Sunday Aneke, described the delivery as another significant milestone in the Federal Government’s sustained investment in the modernisation and re-equipment of the Air Force.
He said the new platforms would increase aircraft availability and provide greater flexibility in the deployment of airpower in support of troops conducting operations across the country.
Aneke said the AW-109 Trekker B helicopters would strengthen the NAF’s capabilities in intelligence, surveillance and reconnaissance, close air support, armed escort and combat search and rescue, among other joint operations.
The H-125 helicopters, he added, would provide versatile light-helicopter support for a range of operational requirements.
The newly delivered platforms are currently undergoing post-delivery assembly, technical checks and crew-readiness processes ahead of their formal induction and operational deployment.
Aneke assured that the NAF would prioritise effective maintenance, logistics and operational employment of the helicopters to ensure that the new platforms contribute meaningfully to ongoing security operations and the protection of lives and property.
He expressed appreciation to President Bola Tinubu for his continued support for the modernisation of the Air Force, saying the investment was enabling the service to build the capabilities needed to confront the nation’s evolving security challenges.
Meanwhile, the Nigerian Army is set to reinforce its presence in Plateau State with the deployment of additional troops, including another battalion, to improve security coverage and protect vulnerable communities.
Chief of Army Staff, Lt.-Gen. Waidi Shaibu, disclosed this on Tuesday when the Deputy Governor of Plateau State, Ngo Piyo, visited him in Jos.
Shaibu also revealed that President Tinubu had approved the recruitment of an additional 20,000 personnel to strengthen newly established Army formations and units nationwide.
He said the expanded manpower would improve the Army’s operational capacity, reach and responsiveness to emerging threats.
According to him, the increased deployment to Plateau is intended to bring security closer to vulnerable communities and deny criminal elements the freedom to operate.
The COAS called for greater cooperation among government institutions, security agencies, traditional rulers, community leaders and citizens, stressing that sustainable peace could only be achieved through collective commitment.
He urged Plateau residents to provide troops with credible information while embracing dialogue, tolerance and peaceful coexistence.
The Army chief reaffirmed the military’s commitment to working with the Plateau State Government, other security agencies and local communities to consolidate security gains and create an environment conducive to economic activity, investment and sustainable development.
The Deputy Governor commended the Army for establishing additional formations in vulnerable areas of the state, particularly the 24 Armour Brigade in Langtang and its component units in Mangu, Wase and Shendam.
Piyo said the new formations would improve security coverage, enhance troops’ response capacity and strengthen public confidence in the state’s security architecture.
She, however, appealed for additional personnel and equipment to fully operationalise the newly established formations.
The deputy governor assured the COAS that the state government would provide accommodation and other necessary support to facilitate the effective deployment of troops.
The fresh military investments in airpower, manpower and forward deployment signal an intensified effort by the Federal Government to improve the Armed Forces’ ability to respond rapidly to security threats and protect communities across the country.
NEWS
Beyond Peter Obi’s Benue Woes: Why Nigeria Must Defend Everyone’s Rights
By Ebuka Ukoh
There are moments when a country must speak with one voice… not because its citizens agree on politics, but because they agree on the value of human life. This is one such moment.
Constitutional rights and human dignity must apply to everyone, regardless of political affiliation.
Political violence threatens democracy, and no ambition is worth a citizen’s life.Road to Yelwata
On September 8, 2026, Peter Obi’s convoy was blocked along the Gboko-Makurdi road while he was travelling to Yelwata to sympathise with communities affected by a recent deadly violence.
Reports and videos showed a group of youths obstructing the road and confronting the convoy. The Benue State Police Command confirmed the obstruction and said officers had been assigned to provide security.Obi alleged a government aide had mobilised. The state government denied involvement and disputed his account of the visit. The identities of those responsible for organising the blockade and their motives have not been independently established. That distinction matters. We must not allow justified outrage to become an excuse for making allegations that have not been proved. But uncertainty about who organised the obstruction does not make the incident acceptable.
I condemn the reported intimidation and obstruction of Peter Obi’s convoy. I condemn any attempt to use threats, violence, or mob action to prevent a Nigerian from exercising their lawful rights. And I call for a prompt, impartial investigation that establishes what happened, identifies those responsible, and holds anyone found culpable accountable under the law.
Nothing must happen to Peter Obi.
But that statement must mean something larger than the protection of one politician. The Constitution Does Not Recognise Political Strangers. Nigeria does not belong to the government of the day. It does not belong to the opposition. It does not belong to any governor, minister, political party, or presidential candidate. It belongs to its citizens.
The Constitution protects freedom of expression, peaceful assembly and association, freedom of movement, and freedom from discrimination. These protections are not privileges granted according to political affiliation. They are rights that belong to Nigerians, subject to lawful and constitutionally permissible limitations. A citizen does not lose the right to move freely because a governor dislikes his politics. A politician does not lose the right to visit a community because his presence may embarrass those in power. A supporter does not lose the right to assemble peacefully because another party considers the gathering inconvenient. An ordinary Nigerian is no less deserving of protection even if he has no convoy, no security detail, and no famous moniker.
Security concerns may require coordination. Public order may require lawful restrictions. But such concerns must be addressed through the legitimate institution, not through intimidation or the arbitrary exercise of power.
The Constitution is not a guest list from which those in authority may remove people by whim and caprice. That is the principle at stake. Today, it is Peter Obi. Tomorrow, Who? Some Nigerians will respond to this incident according to their political loyalties. Those who support Obi will be outraged. Those who oppose him may be tempted to minimise what happened. Some will ask whether he followed the appropriate protocol. Others will argue about the motives of his visit. Those questions may deserve examination. But none should obscure the central issue.
Would we consider this acceptable if the person obstructed were our preferred candidate? If the answer changes with the name, then we are not defending a principle. We are defending a person. And that is how democratic societies slowly surrender their freedoms. We tolerate intimidation when it is directed at those we dislike. We excuse unlawful conduct when it benefits our side. We call it politics when the victim is an opponent. Then one day, the same methods are used against us, and we discover that the principle we refused to defend was the very principle we needed.
A right protected only for one’s friends is not a right. It is a favour. And a democracy built on favours cannot protect its citizens for long. The Most Important People Were Already in Benue. There is another reason this incident should trouble us. Obi said he was travelling to Yelwata to console families affected by the 2025 attacks. The dispute over his visit should not cause us to forget the people he intended to see: Families have lost loved ones. Communities have experienced displacement and fear. Children have had their lives disrupted. People are trying to rebuild after violence that should never have become part of their ordinary existence. Their suffering must not become another stage on which Nigeria plays out its political rivalries.
Whether a visitor belongs to the ruling party or the opposition, the dignity of grieving citizens should remain central. The question should be how to protect them, support them, restore their communities, and prevent further violence. Not how to turn their tragedy into another contest over political access. The dead do not belong to a political party. The grieving should not have to choose one before receiving solidarity. Nothing Must Happen to Peter Obi. I repeat this deliberately. Nothing must happen to Peter Obi. Not because he is beyond criticism. Not because his political ambitions are more important than those of others. Not because his supporters are more Nigerian than anyone else.
But because he is a Nigerian citizen whose life, dignity, and lawful freedoms deserve protection. The same must be said of President Bola Tinubu. The same must be said of former Vice President Atiku Abubakar. The same must be said of former Governor Rabiu Kwankwaso, activist Omoyele Sowore, and every other political figure, whether we agree with them or not.
And the same must be said of the young man selling recharge cards in Makurdi, the woman returning from the market in Lagos, the farmer in Plateau, the student in Enugu, and the child in an internally displaced persons camp. The life of a presidential candidate is not worth more than the life of an ordinary citizen. The difference is that when a prominent politician is threatened, the country notices. When an ordinary Nigerian is threatened, the country too often moves on. That is the deeper tragedy we must confront.
Those stoking violence must desist
Political violence is not a campaign strategy. Thuggery is not grassroots mobilisation. Intimidation is not political strength. And the ability to prevent an opponent from moving freely is not evidence of democratic legitimacy. It is evidence of weakness in all its ramifications. Anyone who recruits, sponsors, encourages, or protects people who use violence for political purposes should understand the danger of what they are doing. Violence rarely remains obedient to the people who fire it. The young person who handed money to intimidate an opponent today may become the armed criminal threatening the community tomorrow.
The culture of impunity that protects political thugs today may eventually consume the politicians who believed they controlled them. And the society that teaches young people that violence is a legitimate route to political relevance should not be surprised when violence becomes a permanent feature of its public life. You cannot build a peaceful country by training its young ones to treat political opponents as enemies. Nor can you claim to love Nigeria while making Nigerians afraid to exercise their rights.
Responsibility of the state
The government’s responsibility is not merely to protect those who support it. It is to protect everyone. Indeed, the seriousness of a government’s commitment to constitutional democracy is often revealed most clearly in how it treats those who oppose it. The police must investigate the Benue incident without fear or favour. The relevant authorities must establish whether any public official, political actor, or private individual organised or encouraged the obstruction.
If wrongdoing is established, accountability must follow. If allegations against particular individuals are unfounded, that too should be made clear. The objective must be truth and justice, not political theatre. And as Nigeria approaches another election cycle, political leaders across all parties should make an unequivocal commitment: no supporter, aide, or associate should be permitted to intimidate opponents in their name.
The protection of political competition is not a concession to the opposition. It is a duty owed to the Constitution.
The Nigeria we need to become
I want to live in a Nigeria where a president can travel to any state and be received with dignity, where an opposition leader can visit a grieving community without fear, and where a journalist can ask difficult questions without intimidation, where a protester can assemble peacefully, and where a citizen can criticise the government without being treated as an enemy of the state, where political disagreement does not become a threat to life. And where the ordinary Nigerian enjoys the same constitutionutionutionutional protection that powerful people expect for themselves. That is not an unrealistic dream. It is the minimum promise of a republic.
We must stop treating constitutional rights as privileges that become available only when the right person is in power. We must stop waiting until a preferred politician is threatened before discovering the importance of freedom. And we must stop confusing political loyalty with patriotism. Patriotism is not the willingness to defend everything on one’s side. It is the courage to defend the country’s principles even when doing so protects an opponent. That is the kind of citizenship Nigeria needs.
No ambition is worth a life
Jonathan’s words echo a moral challenge to every Nigerian politician: “No political ambition is worth the blood of any Nigerian.” The principle is simple. No election is worth a life. No office is worth a life. No political party is worth a life. No governor’s reputation is worth a life. No presidential ambition is worth a life. And no disagreement over a visit, a campaign, or a political rivalry should ever be allowed to place a Nigerian citizen in danger. We can disagree fiercely. We can campaign passionately. We can criticise one another. We can vote differently. We can lose elections and try again. But we must never lose our humanity in the process.
So, I condemn the reported obstruction and intimidation of Peter Obi in Benue. I call for a credible investigation and accountability. I call on political leaders to reject violence unequivocally, including when it is directed at their opponents. And I ask Nigerians to defend this principle without waiting to know which party the victim belongs to.
Nothing must happen to Peter Obi. Nothing must happen to any Nigerian because of political disagreement, because the ultimate test of our democracy is not whether we can protect the people we love. It is whether we can protect the rights of those we oppose.
And the ultimate measure of our politics is not how much power we acquire, but how much human dignity we preserve while seeking it. Nigeria is worth more than any political ambition. And every Nigerian life is worth more than the office anyone hopes to occupy.
Ukoh, a PhD student and coauthor of Built By The Ancestors, writes from his base in New York, the United States.
NEWS
ICPC, NFIU Open Stocktake on Financial Intelligence, Asset Recovery
The Independent Corrupt Practices Commission (ICPC) and Nigerian Financial Intelligence Unit (NFIU) on Monday in Abuja commenced a three-day stocktake meeting focused on converting financial intelligence into prosecutions and asset recovery.
The ICPC Chairman, Dr Musa Aliyu, SAN, said this at the opening of the exercise, held in preparation for Nigeria’s Financial Action Task Force (FATF) 3rd Round Mutual Evaluation Exercise.
Represented by the Commission’s Secretary, Clifford Oparaodu, Aliyu said the exercise would test how effectively ICPC investigations were converting financial intelligence into prosecutions, asset recovery and stronger enforcement outcomes.
He said the stocktake provided an internal mirror to measure performance under the Money Laundering (Prevention and Prohibition) Act 2022, POCA 2022 and POCR 2024 regulations.
According to him, the Commission had in recent years made parallel financial investigations mandatory in every corruption case to strengthen the tracing of illicit funds and recovery efforts.
While stating that previous reviews focused largely on laws and policies, he said the stocktake would drill deeper into operational performance and assess Nigeria’s enforcement effectiveness.
He listed five Immediate Outcomes as benchmarks, emphasising that the exercise focused on FATF Immediate Outcomes 1, 2, 6, 7 and 8 for institutional assessment.
He said these included risk understanding, international cooperation, financial intelligence use, effectiveness of money laundering investigations and asset recovery, adding that participants would assess operational implementation.
On corruption risks, he said participants would assess whether the ICPC and sister agencies were aligning investigations with Nigeria’s national risk profile and identified priority threats.
“We must show that our operations reflect where the real threats are, including bribery and grand corruption,” he said.
For cross-border crime, he said the team would review formal Mutual Legal Assistance channels and informal intelligence networks to assess Nigeria’s capacity for international cooperation.
The goal, according to him, was to demonstrate that Nigeria could swiftly share information, support investigations and secure convictions through effective cooperation with international partners.
“A major focus will be on financial intelligence under Immediate Outcome 6. The question before the room: are agencies not just generating reports, but actually using them to trace illicit flows and freeze assets before they disappear?”
He said enforcement would receive significant scrutiny under Immediate Outcomes 7 and 8, with Nigeria expected to demonstrate results from relevant money laundering laws and regulations.
“That means convictions, confiscations, and proper management of recovered assets,” he said, urging institutions to provide verifiable evidence of operational effectiveness during the stocktake exercise.
He urged visiting Country Experts to be blunt in their assessment, saying their feedback would help Nigeria close gaps, clean up statistics and sharpen strategies before the main evaluation.
He said the commission had aligned with the NFIU’s strategy by making parallel financial investigations mandatory in every corruption case handled by its investigators.
He added that the ICPC now leveraged the Corporate Affairs Commission Beneficial Ownership Register to expose corporate shells and strengthened systems for managing recovered assets.
He, however, warned that laws alone would not secure a good rating, stressing that effective implementation and measurable enforcement outcomes remained critical to Nigeria’s assessment.
“Technical compliance is only half the battle. What ultimately safeguards our financial system is demonstrating high operational effectiveness across these Immediate Outcomes,” he said.
He charged ICPC investigators and prosecutors to be candid and data-driven, while welcoming country experts to provide objective feedback that would help close gaps before the evaluation.
Speaking, the Chief Executive Officer of NFIU, Hajia Hafsat Bakari, said the exercise was designed to measure how effectively anti-corruption agencies converted financial intelligence into concrete enforcement outcomes.
Represented by Dr Emmanuel Sotande, an NFIU official, Bakari said the exercise was not about fault-finding but about assessing institutional preparedness ahead of Nigeria’s next FATF assessment.
“We want to be able to see how well the information and investigation lead to prosecution, seizure of assets and whether there’s a deterrent mechanism in place,” she said.
According to her, the core objective was to track the full value chain of intelligence use, from information supplied by the NFIU to enforcement outcomes.
“That includes how data supplied by the NFIU is consumed by the ICPC and other agencies, and whether it translates into convictions, asset recovery, and stronger deterrence against illicit financial flows.”
The NFIU boss emphasised that the timing was critical, noting that Nigeria was preparing for its 3rd Round Mutual Evaluation 2027 and needed institutional readiness.
“This is not a witch-hunt exercise but to ensure that we prepare for the next evaluation, which is going to be taking place next year.
“We want all institutional agencies and systems in Nigeria to be ready for the FATF assessors that will be coming from all parts of the world,” she said.
She explained that the framework for the stocktake was developed by the NFIU specifically to enable agencies to evaluate their preparedness and identify areas requiring improvement before assessment.
She said that assessors would demand detailed data and evidence, much of which the ICPC already held, making inter-agency coordination essential to Nigeria’s preparedness.
“It is in that context that the CEO of NFIU deems it fit to put the framework of the stocktake exercise in place for us to evaluate ourselves before the assessors will come,” she added.
She called for stronger collaboration, warning that the goal was to ensure Nigeria did not slip back onto the FATF grey list when the evaluation was concluded in 2027.
“The assessors will be asking for a lot of information, which I am sure the ICPC already have and it is only pertinent for us to work together,” she said.(NAN)


