News
JUST IN: Nigeria’s Inflation Rises To 34.60% — NBS

The inflation rate in Nigeria rose to 34.60 per cent in November 2024, showing an increase of 0.72 percentage points compared to 33.88 per cent recorded in October 2024.
The National Bureau of Statistics (NBS), while announcing the release of the data on Monday said, “In November 2024, the Headline inflation rate was 34.60 per cent relative to the October 2024 headline inflation rate of 33.88 per cent. Looking at the movement, the November 2024 Headline inflation rate showed an increase of 0.72 percentage points compared to the October 2024 Headline inflation rate.”
The NBS attributed the rise in the inflation rate in November 2024 to the Food inflation rate, which was 39.93 per cent on a year-on-year basis, indicating 7.08 percentage points higher than the 32.84 per cent recorded in November 2023.
On a year-on-year basis, the Headline inflation rate was 6.40 percentage points higher than the 28.20 per cent rate recorded in November 2023.
This shows that the year-on-year headline inflation rate increased in November 2024 compared to the same month in the preceding year of November 2023.
READ ALSO: JUST IN: Nigeria’s Inflation Hits 33.69%
Furthermore, the NBS noted that on a month-on-month basis, the Headline inflation rate in November 2024 was 2.638 per cent, which was 0.002 percentage points lower than the 2.640 per cent recorded in October 2024.
This means that in November 2024, the rate of increase in the average price level is slightly lower than the rate of increase in the average price level in October 2024.
The NBS highlighted that “The percentage change in the average CPI for the twelve months ending November 2024 over the average for the previous twelve-month period was 32.77%, showing 8.76% points increase compared to 24.01% recorded in November 2023.”
The Urban inflation rate on a year-on-year basis, in November 2024 was 37.10 per cent, indicating 6.88 percentage points higher compared to the 30.21 per cent recorded in November 2023.
On a month-on-month basis, the Urban inflation rate was 2.77 per cent in November 2024, showing 0.02 percentage points higher compared to 2.75 per cent recorded in October 2024.
READ ALSO: BREAKING: Inflation Drops To 32.15%
The corresponding twelve-month average for the Urban inflation rate was 35.07 per cent in November 2024, and this
was 9.62 percentage points higher compared to the 25.45 per cent reported in November 2023.
The NBS reported that the Rural inflation rate in November 2024 was 32.27 per cent on a year-on-year basis.
This was 5.84 percentage points higher compared to the 26.43 per cent recorded in November 2023.
On a month-on-month basis, the rural inflation rate in November 2024 was 2.51 per cent, down by 0.02 percentage points compared to 2.53 per cent recorded in October 2024
“The corresponding twelve-month average for the Rural inflation rate in November 2024 was 30.71%. This was 8.00% points higher compared to the 22.71% recorded in November 2023,” the NBS said.
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The NBS stated that the rise in Food inflation on a year-on-year basis was caused by increases in prices of the following items; Yam, Water Yam, Coco Yam, etc (Potatoes, Yam & Other Tubers Class), Guinea Corn, Maize Grains, Rice, etc (Bread and Cereals Class), Beer, Pinto (Tobacco Class), and Palm Oil, Vegetable Oil, etc (Oil and Fats Class).
On a month-on-month basis, the Food inflation rate in November 2024 was 2.98 per cent which shows a 0.05 percentage point increase compared to the 2.94 per cent recorded in October 2024.
“The rise is attributed to the rate of increase in the average prices of Mudfish, Catfish Dried, Dried Fish Sadine, etc
(Fish Class), Rice, Yam Flour, Millet Whole grain, Corn flour, etc (Bread and Cereals Class), Agric Egg, Powered Milk, Fresh Milk, etc (Milk, cheese and eggs Class) and Dried Beef, Goat Meat, Frozen Chicken, etc (Meat Class),” the NBS explained.
The average annual rate of Food inflation for the twelve months ending November 2024 over the previous twelve-month average was 38.67 per cent, which was 11.58 percentage points higher compared with the 27.09 per cent average annual rate of change recorded in November 2023.
The NBS stated, “All items less farm produces and energy” or Core inflation, which excludes the prices of volatile agricultural produces and energy stood at 28.75% in November 2024 on a year-on-year basis; an
increase of 6.36% points when compared to the 22.38% recorded in November 2023.
READ ALSO: Nigeria’s Inflation Increases To 22.22 Per Cent
“The highest increases were recorded in prices of the following items; Taxi journey per drop, Bus journey intercity,
Journey by motorcycle, etc (under Passenger Transport by Road Class), Rents (Actual and Imputed Rentals for Housing Class), Meal at a local Restaurant (Accommodation Service Class), and hair cut service, women’s hairdressing, etc (Hairdressing salons & personal grooming establishments class).”
On a month-on-month basis, the core Inflation rate was 1.83 per cent in November 2024.
It stood at 2.14 per cent in October 2024, down by 0.30 percentage points.
The average twelve-month annual inflation rate was 26.64 per cent for the twelve months ending November 2024, this was 6.29 percentage points higher than the 20.35 per cent recorded in November 2023.
READ ALSO: Inflation Hits 18yr High at 22.4%, To Surpass 23% This Month
The NBS further stated that “In November 2024, All Items inflation rate on a Year-on-Year basis was highest in Bauchi (46.21%), Kebbi (42.41%), Anambra (40.48%), while Delta (27.47%), Benue (28.98%) and Katsina (29.57%) recorded the lowest rise in Headline inflation on Year-on-Year basis.
“On a Month-on-Month basis, however, November 2024 recorded the highest increases in Yobe (5.14%), Kebbi (5.10%), Kano (4.88%), while Adamawa (0.95%), Osun (1.12%) and Kogi (1.29%) recorded the slowest rise on Month-on-Month inflation.
“Food Inflation In November 2024, Food inflation on a Year-on-Year basis was highest in Sokoto (51.30%), Yobe (49.69%), Edo (47.77%), while Kwara (31.39%), Kogi (32.95%), and Rivers (33.27%) recorded the slowest rise in Food inflation on Year-on-Year basis.
“On a Month-on-Month basis, however, November 2024 Food inflation was highest in Yobe (6.52%), Kano (5.95%), and Kebbi (5.68%) while Borno (0.76%), Adamawa (0.90%) and Kogi (1.21%) recorded the slowest rise in Food inflation on Month-on-Month basis.”
News
Senator Imasuen Kicks Off Benin Unity Cup To Foster Unity

In a bid to foster unity and discover young talents at the grassroots, the Senator representing Edo South Senatorial District, Neda Imasuen, on Friday launched a football tournament titled Benin Unity Football Cup.
The tournament, which will feature teams from Oredo, Egor, Ikpoba-Okha, Orhionmwon, Uhunmwode, Ovia North East, and Ovia South West, is slated to kick off on 20 November and climax on 20 December.
Speaking during the unveiling, Senator Imasuen said the project was born out of his passion for youth empowerment and the revival of football in Edo and Nigeria at large.
“This initiative is not about my position, but about helping our youths to discover their purpose,” he stated.
“Edo is overflowing with untapped talents. We must harness these opportunities so that our young people can have dignity, respect, and pride in what they do.”
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The senator noted that the tournament aligns with President Bola Tinubu’s Renewed Hope Agenda and the sporting vision of Edo State Governor, Monday Okpebholo, saying both leaders share a deep interest in youth development and sports as a tool for empowerment.
“Empowerment isn’t just about giving people jobs; it’s about helping them become who they are meant to be. Through sports, we can tackle unemployment, idleness, and restiveness among our youths,” Imasuen added.
Director-General of the National Institute for Sports (NIS), Hon. Philip Shaibu, lauded the senator for what he described as a lofty initiative that will live beyond his tenure.
He pledged NIS’s partnership to help identify and train emerging talents through its facilities.
Shaibu also called for an audit of former sports ministers for allegedly neglecting the NIS facilities, which he said had deteriorated due to years of mismanagement.
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Commending the senator, Hon. Idehen Ebomwonyi described football as “a powerful tool for unity and cultural pride,” expressing hope that the tournament would unearth new stars comparable to Julius Aghahowa and Baldwin Bazuaye, both of whom rose from Edo to national prominence.
Earlier, Chairman of the Edo Football Association, Fred Newton, also hailed the initiative as “a ground-breaking legacy,” promising that international scouts would attend the games to spot promising players for opportunities abroad.
On his part, former Commissioner for Transport and Coordinator of the Benin Unity Cup Tournament, Orobosa Omo-Ojo said: “We must commend Distinguished Senator Neda Bernards Imasuen for his visionary sponsorship and unwavering belief that empowering our young people through sports is key to building a stronger, safer, and more United Edo South.
“His support reflects true grassroots leadership—one that sees sports and other intangible talents as a unifier and a driver of human development.
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“As coordinator of this initiative, I see first-hand the dreams, the discipline, and the determination football inspires. From the streets of Iyekeorhionmwon to the fields of Iyekovia and the bubbling streets of Adesogbe, Ehor and others, we will discover tomorrow’s champions—young men who only need a platform to shine. This tournament gives them that platform.”
The grand finale of the Benin Unity Football Cup will hold at the Samuel Ogbemudia Stadium, with preliminary matches scheduled for Irhirhi Sports Ground and the University of Benin Sports Centre.
Winners of the competition will cart home ₦1 million, runners-up ₦700,000, third place ₦500,000, and fourth place ₦300,000. Each of the eight participating teams will also receive a full set of jerseys for 22 players, courtesy of the senator.
The Benin Unity Football Cup, conceived at the Benin Unity Summit, is expected to become an annual platform for promoting peace, sportsmanship, and youth development across Edo South.
News
CSOs, Academia, Impacted Communities Launch Climate Justice Campaign In Edo

In a bid to advancing environmental justice and protecting biodiversity, a Climate Justice Assembly — comprising members of the civil society community, academia, representatives of oil extraction impacted communities, media, etc on Friday launched a campaign tagged #Yasunize and #Ogonize in Benin
The Assembly, convened by Health of Mother Earth Foundation (HOMEF), was themed: Climate Justice Assembly: Yasunize & Ogonize the World for Socio-Ecological Wellbeing.
Speaking at the event, Executive Director, HOMEF, Dr. Nnimmo Bassey, said the campaign was “inspired by the struggles of the Ogoni people in Nigeria, who have faced decades of environmental devastation and halted oil extraction in their territory in 1993, and the struggle of the people of Ecuador to stop oil extraction at Yasuní-ITT, one of the most biologically diverse places on Earth. The people of Ecuador voted massively against crude oil extraction at Yasuni ITT in a national referendum in August 2023.”
Bassey added that the “campaign aims to advance environmental justice, protect biodiversity, and build resilience in the face of a changing climate. It is powered by people on the ground – activists, community groups, and allies around the globe – who are demanding that corporations and governments clean up their mess and help communities heal.”

L-R: Former Attorney General and Commissioner for Justice in Edo State, Dr. Osagie Obayuwana; Dr. Ofuani Sokolo, Faculty of Law, University of Benin; A Professor of French Language, University of Benin during the launching on Friday.
READ ALSO:World Ocean Day: HOMEF Wants An End To Human’s Exploitative Relationship With The Ocean
The ED explained further that “#Ogonize is more than a campaign; it is a fight for what is right. We want to ensure that communities impacted by environmental disasters are heard, that their land is restored, and that future generations inherit a healthy planet.
“#Yasunize is about rethinking our relationship with nature. It is recognising that some places are too valuable to exploit and that we need to prioritise the health of our planet over short-term profits.”
“Together, #Ogonize and #Yasunize paint a picture of a world where environmental justice and sustainability are not just ideals, but realities.
“They challenge the status quo and insist that protecting the environment and ensuring social fairness go hand-in-hand. These campaigns remind us that real change comes from community-led solutions and global cooperation.”
READ ALSO:HOMEF’s School of Ecology Empowers Young Activists with Environmental Knowledge
He urged authorities concerned to ensure those “responsible for environmental damage pay reparations and face legal consequences, while shielding biodiversity hotspots and indigenous territories from harmful activities.”
Bassey also called on the
“governments, organisations, and individuals are invited to join the movement, stand with affected communities, and advocate for policies that prioritise justice and halt ecocide.”
On his part, Executive Director, Miideko Environmental Development Foundation Initiative, Celestine Akpobari, who is an Ogoni man, urged people to expose those carrying out environmental degradation, adding: “If you see anyone destroying our environment and keep silence, you are an accomplished.”
In his goodwill message, former Attorney-General and Commissioner for Justice, Dr. Osagie Obayuwana, urged people not to burn the planet, just as he warned: “We are all threatened; everyone of us is at risk.”
Dr. Ofuani Sokolo, from the Faculty of Law, University of Benin, also spoke on Gender Climate Change and Community Mobilisation, while other academia and CSO members gave goodwill messages.
News
Ovia South West Council Chairman, Edobor Bags National Merit Award

The Acting Chairman of Ovia South West Local Government Council in Edo State, Hon. Charles Nosakhare Edobor, has bagged the 2025 Nigerian Local Government Merit Award (LOGMA).
He was awarded as the Best Performing Local Government Chairman in Nigeria (Security and infrastructure development, purposeful leadership).
Speaking after being conferred with the prestigious award, Edobor applauded the organizers for recognizing his administration’s commitment to localizing good governance.
He highlighted his leadership’s remarkable strides in building a sustainable, livable, and prosperous council area through numerous people-oriented programmes and projects-particularly in road infrastructure and the provision of basic social amenities.
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Edobor dedicated the award to the Governor of Edo State, Senator Monday Okpebholo, and to the good people of Ovia south west Local Government Area.
He expressed satisfaction with the honour. He emphasized that the award would further spur him to work harder in pursuing people-centred programmes aligned with Senator Monday Okpebholo’s S.H.I.N.E and President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Edobor commended Governor Okpebholo for his visionary leadership and unwavering support for local government administrations across the state.
He reaffirmed his administration’s commitment to deepening rural development, empowering youth and women, and ensuring the dividends of democracy reach every ward in Ovia south west local government.
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Earlier, in his welcome address at the event which held on Wednesday at the National Merit House, Abuja, the National Coordinator of LOGMA, Chief Bayode Ojo, stated that the award was designed to showcase the achievements of local government chairmen and reward excellence in grassroots governance – particularly those who have demonstrated exceptional commitment to promoting grassroots development despite the challenges confronting the third tier of government.
He congratulated all the awardees for making the final list after rigorous scrutiny and spot-checking of some of their executed projects to verify the authenticity of their claims.
Chief Ojo further urged the awardees to continue to be shining examples of sustainable growth at the grassroots and in the country at large.
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