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NBS Reports Nigeria’s Inflation Rises to 15.93% as Food Prices Surge Nationwide

National Bureau of Statistics attributes increase to higher costs of staple foods, raising concerns for households and policymakers

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National Bureau of Statistics attributes increase to higher costs of staple foods, raising concerns for households and policymakers

Nigeria’s headline inflation rate climbed to 15.93 percent in June, according to figures released by the National Bureau of Statistics (NBS) on Monday. The agency said the uptick was driven mainly by persistent increases in food prices across states, deepening economic pressure on households nationwide.

The NBS report, published from its Abuja headquarters, showed that both urban and rural dwellers experienced rising costs for essential commodities such as rice, yam, bread, and oil. The latest figure marks a further jump from previous months and signals continued challenges for consumers already grappling with stagnant wages and high unemployment.

Analysts say the new inflation data highlights ongoing structural problems in agriculture and distribution networks. Many Nigerians have seen their purchasing power eroded as food accounts for a significant share of household expenditure. With the naira remaining under pressure against major currencies, import-dependent goods have also become more expensive.

In its statement, the NBS attributed the spike to disruptions in local supply chains and seasonal factors affecting harvests. The agency urged policymakers to prioritise investment in transport infrastructure and market access for farmers as part of wider measures to rein in inflation. No official comment was immediately available from the Ministry of Finance or Central Bank.

Economists warn that without decisive action to stabilise prices, more Nigerians could slip into poverty amid rising costs of living. The NBS is expected to release further breakdowns by sector and state in coming weeks.

Source: https://www.premiumtimesng.com/business/business-news/887948-nigerias-inflation-up-15-93-amid-high-food-prices-nbs.html

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Nigeria News (Standard)

Violence Erupts in Edo’s Estako East as Man Beheaded, Seven Houses Burnt After Dispute Over Girlfriend

Police begin investigation as Ogute-Oke community residents flee following deadly altercation during burial party

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Police begin investigation as Ogute-Oke community residents flee following deadly altercation during burial party

One man has been reportedly beheaded and seven houses set ablaze in Ogute-Oke, Estako East Local Government Area of Edo State, after a violent confrontation broke out between youths over a girl. The incident occurred shortly after the community’s Olimi festival, throwing the area into panic on Saturday.

According to sources within Ogute-Oke who requested anonymity for security reasons, trouble started during a party organised to mark the burial of a prominent chief in the locality. Eyewitnesses said an argument ensued when one young man became angry that another was dancing with the girl he brought to the event. The disagreement escalated rapidly, resulting in one of the men using a cutlass to inflict a fatal injury on his rival’s neck.

Following the fatal attack, reprisal violence erupted as some aggrieved individuals allegedly razed at least seven houses belonging to those linked to the parties involved. The chaos forced several residents to flee Ogute-Oke out of fear of further violence and possible police arrests. Community members say such incidents threaten ongoing efforts at peacebuilding in Estako East, which has experienced sporadic unrest in recent years.

As at press time, efforts to reach Edo State Police Command Public Relations Office were unsuccessful. However, security sources confirmed that police have launched an investigation and are monitoring the situation closely. No official statement had been released regarding arrests or further casualties.

The latest violence has renewed calls for improved security and community engagement in rural parts of Edo State. Local leaders have urged both youths and elders to exercise restraint while authorities continue their probe into the incident.

Source: https://guardian.ng/news/nigeria/metro/man-beheaded-seven-houses-razed-over-girlfriend-in-edo/

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Nigeria News (Standard)

Abuja Court Orders Deregistration of ADC, Accord and Three Other Political Parties

Judgement delivered Monday directs INEC to remove affected parties from register, raising questions on political diversity

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Judgement delivered Monday directs INEC to remove affected parties from register, raising questions on political diversity

A Federal High Court sitting in Abuja has ordered the Independent National Electoral Commission (INEC) to deregister five political parties, including the African Democratic Congress (ADC) and Accord Party, in a ruling delivered on Monday, 15 June 2026. The court’s decision mandates INEC to remove these parties from its official register with immediate effect.

The judgement, which came after a legal challenge to the continued existence of the affected parties, follows arguments regarding their compliance with constitutional requirements for party registration. The order also applies to three other unnamed parties alongside ADC and Accord. The details of the specific infractions or criteria for deregistration were not disclosed in the court’s brief summary.

The move marks another phase in Nigeria’s ongoing efforts to streamline its political landscape. In recent years, INEC has periodically reviewed party registrations based on performance and compliance with relevant electoral laws. Many observers say this action could reduce ballot clutter but may also limit choices for voters ahead of future elections.

While the names of all five deregistered parties were not made public at press time, the judgement is expected to have significant implications for party members and candidates preparing for upcoming polls. There was no immediate response from either INEC or representatives of the affected parties regarding plans to appeal or comply with the court directive.

As at Monday evening, it remains unclear how soon INEC will update its records and what process will be in place for aggrieved stakeholders. The development is likely to prompt further debate about electoral reforms and inclusivity within Nigeria’s multiparty democracy.

Source: https://www.premiumtimesng.com/news/headlines/887849-updated-court-orders-deregistration-of-adc-accord-three-other-parties.html

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Nigeria News (Standard)

Reps Speaker Calls for Bold Solutions to Nigeria’s Security Challenges

Speaker says existing strategies are not enough, urges lawmakers to embrace innovative approaches amid rising insecurity

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Speaker says existing strategies are not enough, urges lawmakers to embrace innovative approaches amid rising insecurity

The Speaker of the House of Representatives has emphasised the urgent need for new and courageous strategies to address Nigeria’s persistent security challenges. Speaking in Abuja on Monday, the Speaker said that current approaches have not yielded the desired results and called on lawmakers to adopt fresh thinking in tackling insecurity across the country.

The Speaker made this call during a session at the National Assembly, noting that rising incidents of violence, kidnapping, and banditry have continued to threaten peace in several states. He stressed that Nigerians expect practical action from their elected representatives, not mere rhetoric. “Our people are looking to us for leadership that delivers real solutions,” he said.

Nigeria has faced escalating security concerns in recent years, with attacks reported in parts of the North-East, North-West and other regions. These incidents have affected economic activities and displaced thousands of citizens. The Speaker’s comments come at a time when many Nigerians are demanding more effective interventions from both federal and state governments.

While addressing his colleagues, the Speaker urged them to support policies that will strengthen security agencies and improve intelligence gathering. He added that collaboration with local communities and investment in youth empowerment could help reduce the appeal of criminal activity. “We cannot afford to keep doing things the same way and expect different outcomes,” he stated.

The House is expected to review existing security frameworks in coming weeks, with possible amendments to enhance operational effectiveness. Lawmakers have also called for increased funding for security agencies as part of efforts to restore peace and stability nationwide.

Source: https://www.premiumtimesng.com/news/top-news/887970-nigerias-security-challenges-demand-bold-fresh-thinking-reps-speaker-says.html

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