Ravon: The consumer price index, (CPI) which measures inflation increased by 11.98 percent (year-on-year) in December 2019. This is 0.13 percent points higher than the rate recorded in November 2019 (11.85) percent.
Increases were recorded in all COICOP divisions that yielded the Headline index.
On a month-on-month basis, the Headline index increased by 0.85 percent in December 2019, this is 0.17 percent rate lower than the rate recorded in November 2019 (1.02) percent.
The percentage change in the average composite CPI for the twelve months period ending December 2019 over the average of the CPI for the previous twelve months period was 11.40 percent, showing 0.05 percent point from 11.35 percent recorded in November 2019.
The urban inflation rate increased by 12.62 percent (year-on-year) in December 2019 from 12.47 percent recorded in November 2019, while the rural inflation rate increased by 11.41 percent in December 2019 from 11.30 percent in November 2019.
On a month-on-month basis, the urban index rose by 0.90 percent in December 2019, down by 0.17 from 1.07 percent recorded in November 2019, while the rural index also rose by 0.82 percent in December 2019, down by 0.16 from the rate recorded in November 2019 (0.98) percent.
The corresponding twelve-month year-on-year average percentage change for the urban index is 11.83 percent in December 2019. This is higher than 11.75 percent reported in November 2019, while the corresponding rural inflation rate in December 2019 is 11.00 percent compared to 10.98 percent recorded in November 2019.
Food Index
The composite food index rose by 14.67 percent in December 2019 compared to 14.48 percent in November 2019.
This rise in the food index was caused by increases in prices of Bread and cereals, Meat, Fish, Oils and fats, Potatoes, yam and other tubers.
On a month-on-month basis, the food sub-index increased by 0.97 percent in December 2019, down by 0.28 percent points from 1.25 percent recorded in November 2019.
The average annual rate of change of the Food sub-index for the twelve-month period ending December 2019 over the previous twelve-month average was 13.74 percent, 0.09 percent points from the average annual rate of change recorded in November 2019 (13.65) percent.
All Items Less Farm Produce
The "All items less farm produce" or Core inflation, which excludes the prices of volatile agricultural produce stood at 9.33 percent in December 2019, up by 0.34 percent when compared with 8.99 percent recorded in November 2019.
On a month-on-month basis, the core sub-index increased by 0.81 percent in December 2019. This was up by 0.02 percent when compared with 0.79 percent recorded in November 2019.
The highest increases were recorded in prices of Hospital services, Hairdressing salons and personal grooming establishment, Garments, Repair and hire of footwear, Vehicle spare parts, Passenger transport by air, Shoes and other footwear, Appliances, articles and products for personal care, Clothing materials, other articles of clothing and clothing accessories and Cleaning, Repair and hire of clothing,
The average 12-month annual rate of change of the index was 9.15 percent for the twelve-month period ending December 2019; this is 0.04 percent points lower than 9.19 percent recorded in November 2019.
State Profiles
In analysing price movements under this section, note that the CPI is weighted by consumption expenditure patterns which differ across states. 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.
All Items Inflation
In December 2019, all items inflation on year on year basis was highest in Bauchi (15.14%), Kebbi (14.43%) and Plateau (14.34%), while Katsina (10.68%), Kwara (9.93%) and Abuja (9.77%) recorded the slowest rise in headline Year on Year inflation.
On month on month basis, however, December 2019 all items inflation was highest in Kogi (2.42%), Bauchi (1.98%) and Kaduna (1.81%), while Kwara (0.19%) and Delta (0.08%) recorded the slowest rise on month on month inflation with Edo recording price deflation or negative inflation (general decrease in the general price level or negative inflation rate).
Food Inflation
In December 2019, food inflation on a year on year basis was highest in Sokoto (17.75%), Ogun (17.37%) and Plateau (16.75%), while Bayelsa (13.26%), Delta(12.72%) and Bauchi (12.19%) recorded the slowest rise.
On month on month basis, however, December 2019 food inflation was highest in Kogi (2.82%), Kaduna (2.63%) and Abia(2.21%), while Delta, Edo, Imo and Kwara recorded price deflation or negative inflation (general decrease in the general price level of food or a negative food inflation rate).
Please, how do they rate these things because in December in Ogun State, there was deflation especially in food prices or at worst, same price NOT inflation?
I'm not an APC or PDP member ooo, I'm just stating my honest observation.
And why is the North threatening the West with losing Presidency? Who told them it is the turn of Yorubas to produce President, thereby cheating other regions? Igbo Presidency for 2023 Thereafter 'Middle belter'
OR
Igbo President and 'Middle Belter' VP.
If Igbos still like Peter Obi he can contest for the position, or any other illustrious son eg Soludo etc
thatigboman: nne, forget that thing. U are igbo. Emeke is same as Emeka. We even have indigenous igbos in Edo.
I'm not talking of INDIGENOUS IGBOS, I'm talking of ANCESTRY/BLOOD and history that was passed on(even artifacts) over the years via Grandparents, great grand parents and centuries before.
Besides, we don't do /reason like the Igbos or see life/views from their angle.
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It is good to have alternative source of income please o.....You know Amotekun has come to stay, invariably meaning that Restructuring has been set into motion with the end goal of RESOURCE CONTROL by regions....
Okowa Hails Emefiele's Reappointment As CBN Governor
Delta State Governor, Senator Ifeanyi Okowa, on Thursday congratulated the Governor of the Central Bank of Nigeria, (CBN), Mr. Godwin Emefiele, on his reappointment for another term in office.
In a congratulatory message issued in Asaba, by his Chief Press Secretary, Mr. Charles Aniagwu, Governor Okowa extolled the leadership qualities and astute contributions of Mr. Emefiele to the economic development of Nigeria since he was appointed in 2014.
He described Mr. Emefiele as an illustrious son of Delta State, whose remarkable contributions to the banking industry in Nigeria is legendary and worthy of emulation.
He said: “Mr. Emefiele is an illustrious son of Delta State in whom we are well pleased. His astute contributions to the development of the banking industry and the Nigeria economy is legendary and worthy of emulation".
Governor Okowa noted that as a distinguished Deltan, Mr. Emefiele has had a remarkable but turbulent first term as Governor of the Central Bank of Nigeria where he successfully played a critical role to steer the Nigerian economy out of recession.
“On behalf of the government and people of Delta State, I congratulate Mr. Godwin Emefiele on his reappointment for a second term as Governor of the Central Bank of Nigeria.”
The Governor commended President Muhammadu Buhari for finding Mr. Emefiele worthy to be reappointed.
“On behalf of myself, government and people of Delta State, I will like to sincerely thank Mr President for considering an illustrious citizen of Delta State worthy of occupying this important position of the Governor of the Central Bank of Nigeria for a second term in office," the statement added.
I don't subscribe to war. in fact I can't take up arms. but If you stay in the south or east in peace you need to realize that it so because some people are dying so you can live. You should be more appreciative next time you comment on such post like this.
I'm waiting for a time when war instruments will turn into pruning shears.
Let NORTHERN soldiers ONLY fight abeg, sebi na their creation....dem no no say agitation for Sharia laws and courts will spill over to having the menace of bandits and bokos?
naptu2: His father, Professor Peller, was a famous magician in the 1970s and '80s. Shina Peller is also the owner of Quilox Night Club on Victoria Island.
SEGLIZ: you should have mentioned elega and don't generalise the entire abeokuta. sorry about that, I know some areas in abeokuta are really suffering this power issue, my area at olorunsogo is just a sure place at the least 12hrs on the average daily though when company wan go crazy dem dey show gengen. besides na so dem wan kill man with bill but finally I was able to overcome the crazy billing issue my fear is the newly proposed tariff. I'm really sorry about your area.
I know sha that some places in Abeokuta dey enjoy light....When IBEDC start misbehaving, I just go to their FBK page to 'lament'....
It remains for Ogun State's government to repair the spoilt reservoir which has been bad since late June last year.....Anyway, my landlord on my recommendation don put pump since for our well so we don't lack water and even drinkable once I add WATER GUARD.
AnanseK: If he doesn’t start looting like they always do. These people and money ehn!
Delta man no be Igbo man when it comes to LOVING money/business....na SCHOOL for us first.....we dey learn money/business from Igbo man....we no dey WORSHIP money biko(lol)
thatigboman: asaba to agbor are igbos. So which one is enuani, which one is ika? U bear ifeanyi and obiora and say u are not igbo. That's laughable
.
I'm proudly Ika lady and we don't know what you mean by being Igbo when our ancestry is BENIN.....If na name you want take judge us, hope you know Deltans also bear Benin sounding names too like Kpamiose, Okanikpe...that is apart from Emeke which sounds Igbo.
Let's be realistic , though, we aren't generating enough power, and the transmission system isn't fit for purpose. And as someone asked recently, are Nigerians ready to pay the kind of bills that would guarantee light 24/7? Are we also ready to vote in corrupt free leaders, and hold the ones we have to account.?
In Cotonou(which Nigeria should emulate), 247 light is a REALITY and you gauge your bills with card.... If the house doesn't have meter/card system, you buy(maximum price for durable one is 20,000cfa) and any electrical boy will help you fix it....If meter/card system is scarce in Naija, let them team up with Benin since those ones have assembly plant in Ouidah province inorder for Nigerians not to pay bills they didn't use eg someone using fan and laptop/phone sharing limited meter/card with a family having AC, fridge etc.
upower123: This Kano state governor is doing a great work over there come my state.. Delta.. There is no thing to write about... And we have the money to do far better project than this... Kudos gandollar...
Doing nothing? Haba....Why do they call him ROAD MASTER( and na number 1 nation wide).
He is also a diplomatic, peace lover who tries to maintain tranquility in the State.
We sure need him to do more....what I know is that he is a quiet worker and seems to continue with the 'endeavors' of previous governments in the State.
Mightymanna: This flyover is very Huge, and complex I heard it is close to 2km in length starting from GT bank along Murtala Muhammad Way and Ends at(I don't know the Name, around Fagge local government) it has several wings in Igbo Road, Ibrahim Taiwo Road, Fagge Secretariat, Niger Street, Lagos Street, Yankura Etc.
Kano has many flyover and there are still some under construction.
These are the only ones thag I know as a Corper serving in Kano
Not mentioning many Underpass that dotted the town above all Kano is very clean Especially the Main roads
This too will be good in OGUN STATE which lacks fly overs though, traffic is not so much of wahala. And beautification projects in Ogun State will be a welcome idea too.
CaptMarvel: I'm just curious to know. I would like to be more enlightened on this.
If my brother, I meant my own blood brother becomes an American citizen, I as a Nigerian, what do I stand to gain from it?
Will it increase my chances of traveling to America, will I have better chances to gain from institutions there, or and what other benefits do I stand to gain.
This is what a guy did to help his brother:
He helped him find a good girl who his younger brother 'chatted up' and got intimate with her, the lady came and they wedded and soon, he travelled to USA( he prayed too o).
Your brother can offer his place for up to 3months when u arrive so u can settle well, while he helps u with accommodation.
However, while u are here waiting, learn the following:
Hair dressing, fashion designing, Catering, coffin making(millionaires in USA), Nursing/Occupational Therapy, Physical Therapy and related courses( all these medical courses- if u have ENOUGH TIME).
When will a GOOD lawyer, sue MUMURIC and limit the way they spew out rubbish, especially the ones inciting trouble via hijab, Saturday & Sunday work, New Year's day celebration, hijab issues, Sharia courts/laws justifications etc.
Doesn't he know that there are Muslims in many neighboring countries too but very peaceful without much power to destabilize a country with their views based on religious sentiments. He should take a course and visit Benin, Togo, Ghana, Sierra Leone and Gambia etc.
So I'm an aspiring medical student. I've been at home since 2016 till date. I wrote JAMB 4 Times. The first score was 196, second was 203, third was 210 and I worked harder and got 218 this year.
Yes it is not enough because I'm an average student hoping to study pharmacy in university of Uyo but I got my first admission from Obong University Uyo to study biochemistry and I agreed but honestly I hate the course. It has no relationship with what I want to do.
Now I'm scared of never getting to study what I really want.
Is there anyway I can study pharmacy because I can't do transfer and change my course?
Or do I write jamb again?
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I wonder why since 2015, Nigerians want to die when Bubu is going to London with tax payers money to strengthen his blood and live longer?
Say, people can't kill depression and suicide by 1) thinking of how beautiful life is OR can be 2) Telling themselves that they are not the first to see that particular problem and can never be the last 3)Eating their best, delicious meal...For me, once I knack bread and sardine, suicide 'gbooku'(lol). 4)Taking one's own life is an act of stupid bravery, dem dey try o....5)Thinking of the life hereafter. Young people especially should think about these points I listed...
lawman88: I think the lady grew up in the north and the parents in the north that make it possible for the OP. In my south south, even the family want to pity you, the community no go gree for this low budget traditional wedding.
May God help me find this kind lady and this kind family.....very understandable
Such families exists- those that don't believe in flamboyant traditional and church weddings.... However, even if it will be small wedding, let it be classy with beautiful cakes and pixs.
*Edo state has cheap bride price, some will say N4naira, but u will go and 'buy' it(lol)....Akwa Ibom/Cross River is expensive like the East. Delta State will be in-between depending on individual families(or affordable).
A305: If she was truly a prophetess and couldn't foresaw her own betrayal or murder by one of her own. Then, it self contradictory who she really is and what she does for a living.
She may have foreseen it( dreams, visions etc) but may not know the means through which it will happen.
Carnal man, don't always use your small brain to rationalise everything especially, spiritual things.