News
Centre Advises Tinubu on How to Tame Soaring Inflation
Centre Advises Tinubu on How to Tame Soaring Inflation
By: Michael Mike
President Bola Tinubu has been advised to take a holistic approach at taming the soaring inflation in the country
A press statement on Tuesday by the Lead Director of the Centre for Social Justice, Eze Onyekpere said it has become imperative that Nigeria’s economic managers adopt a holistic approach to improving the economy/decelerate inflation.
Among the advised given for a leeway out of the present economic doldrums include “Increased productivity especially in the tradable and export-oriented sectors (including oil and gas as well as removing export trade barriers in the agriculture sector in the short run) can shore up our foreign exchange earnings which will improve the value for the Naira against major international currencies thereby limiting import induced inflation.
“Improving security of lives and property through the right political will that guarantee value for money in the provision of security services in Nigeria. It should be recalled that security has been given the highest budgetary allocations at the federal level in the last ten years. This will also improve agriculture’s contribution to the GDP and food production thereby limiting food inflation which has been the major driver of inflation over the last one year. Improved security will further lead to increased oil and gas production for export and local refining.
“Limit ways and means of funding of the federal budget to the statutory limit of not more than 5 percent of previous years’ actual revenue in accordance with S.38 of the Central Bank of Nigeria’s Act 2007.
“Implement a Nigeria First Local Content Policy in Federal and State Public Procurement to ensure that capital budget implementation do not put undue pressure on the Naira. Rather, capital budget implementation should create jobs, enhance local productivity and grow the economy, and
“Stop denying Nigerians access to their money, vis cash in banks as a means of mopping up what is considered excess liquidity. This is a fundamentally flawed measure for the reduction of inflation.”
Centre for Social Justice noted that rising prices is a symptom of the overall negative macroeconomic fundamentals and strong headwinds besetting the Nigerian economy, adding that beyond inflation, the Naira is losing value, poverty and unemployment is increasing; there have been massive factory closures, increasing insecurity and population growth figures that almost outpaced economic growth.
The Centre said that: “Furthermore, the short term and medium-term impact of economic reform measures (fuel subsidy removal and exchange rate unification) have not been properly articulated. The reforms were not accompanied by an evaluation/projection of their impact on the economy as well as countervailing measures necessary to limit their harsh effects on prices and other macroeconomic indicators.”
Centre Advises Tinubu on How to Tame Soaring Inflation
Troops foil mob attack, rescue suspected terrorist in Danmusa in Katsina
By: Zagazola Makama
Troops of 17 Brigade have foiled an attempt by a mob to lynch a suspected terrorist and burn down a police station in Danmusa Local Government Area of Katsina State.
Security sources said the incident occurred at about 4:30 p.m. on April 5, 2026, when troops deployed at Combat Team 1 in Danali village responded to a distress call from a Nigerian Police outpost in the area.
The police had reported that a large crowd attempted to set the station ablaze and attack personnel after a suspected terrorist was brought into custody.
Troops were immediately mobilised to the scene and successfully prevented further escalation of the situation, restoring order in the area.
During the intervention, police personnel reportedly fired tear gas to disperse the irate crowd, which led to injuries sustained by one civilian.
The injured victim was evacuated to a medical facility for treatment.
Security sources said calm had since returned to the area, while troops continued to maintain presence to prevent a resurgence of violence and ensure stability.
Troops foil mob attack, rescue suspected terrorist in Danmusa in Katsina
Plateau: troops launch manhunt after armed robbery attack in Bassa LGA
By: Zagazola Makama
Troops of Operation Enduring Peace have launched a manhunt for suspected armed robbers who attacked three civilians along the Jebbu–Miango–Rewienko road in Bassa Local Government Area of Plateau State.
Security sources said the incident occurred at about 8:55 p.m. on April 5, 2026, when the victims were reportedly ambushed by armed men who dispossessed them of their motorcycles before fleeing the scene.
Troops of Sector 3 Operation Enduring Peace were immediately mobilised following the distress call but arrived after the attackers had escaped.
Efforts are ongoing to track and apprehend the fleeing suspects, while patrols have been intensified in the area to prevent further criminal activity.
Plateau: troops launch manhunt after armed robbery attack in Bassa LGA
News
GOC 1 Division visits Ariko community in Kaduna after church attack, urges stronger local vigilance
GOC 1 Division visits Ariko community in Kaduna after church attack, urges stronger local vigilance
By: Zagazola Makama
The General Officer Commanding 1 Division Nigerian Army and Commander Sector 1 Operation Fansan Yamma has visited Ariko village in Kachia Local Government Area of Kaduna State following an attack on an ECWA Church in the area.
Security sources said the visit on April 5 was aimed at conducting an on-the-spot assessment of the incident and engaging with community stakeholders on measures to strengthen security.
During the visit, the GOC toured the affected church, surrounding areas, and access routes into and out of the village to assess operational challenges faced during response efforts.
He also met with the traditional ruler of Kachia, youth leaders, and other residents, where he commiserated with them over the attack and assured them of continued security support.
The GOC commended troops for their swift response, which led to the rescue of some hostages during the incident.
He further urged residents to strengthen local vigilance structures, including the formation of community vigilante groups to serve as first responders in emergencies.
He also advised that communities consider closer coordination among nearby churches with security coverage, while additional security measures are being implemented to enhance protection of lives and property.
GOC 1 Division visits Ariko community in Kaduna after church attack, urges stronger local vigilance
Troops foil mob attack, rescue suspected terrorist in Danmusa in Katsina
Plateau: troops launch manhunt after armed robbery attack in Bassa LGA
GOC 1 Division visits Ariko community in Kaduna after church attack, urges stronger local vigilance
Roger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
THE PLIGHT OF FARIDA
FAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
News2 years agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years ago
THE PLIGHT OF FARIDA
-
News12 months agoFAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
News2 years agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
Opinions4 years agoPOLICE CHARGE ROOMS, A MINTING PRESS
-
ACADEMICS2 years agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
Opinions2 years agoTinubu,Shettima: The epidemic of economic, insecurity in Nigeria
