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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
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Less than 24 hours after triple killing, another Fulani youth slain in fresh Plateau attack by Berom Militia
Less than 24 hours after triple killing, another Fulani youth slain in fresh Plateau attack by Berom Militia
By: Zagazola Makama
Less than 24 hours after three Fulani youths were reportedly killed in an attack in Plateau state, another youth has allegedly been killed and one abducted in targeted attack in Riyom LGA by Birom Militia.
Security and local informants told Zagazola Makama that the latest incident occurred on Feb. 21 in Jol community, where suspected Birom militia members attacked herders, killing one Muhammed Sani, while another victim, identified as Faruq Jamilu, was abducted. An unspecified number of cattle were also reportedly killed or injured during the assault.
The development came barely a day after three youths Tahiru Muhammad, Jibrin Salisu and Abdulmumin Isyak were said to have been ambushed and killed on Feb. 19 while returning from Dorowan Babuje in Barkin Ladi area.
Zagazola report that the earlier attack occurred at about 7:00 p.m. near Jong Fulani community. Sources alleged that the victims were intercepted by armed Birom Militia assailants, and security personnel later recovered spent cartridges and a motorcycle and a bottle of alcohol otherwise known as Goskolo at the scene.
Community representatives alleged that the succession of incidents reflected sustained pattern of attacks targeting pastoral settlements and livestock in parts of the state in recent months.
Zagazola report that repeated cases of attacks and killing, cattle poisoning, rustling and arson had heightened tensions and triggered fears of reprisals across the affected areas while the state government and concerned authorities have done little or nothing to fish out the perpetrators.
Less than 24 hours after triple killing, another Fulani youth slain in fresh Plateau attack by Berom Militia
Former CP David Danjuma Auta dies at Air Force Military Hospital, Jos
By: Zagazola Makama
A retired Commissioner of Police, CP David Danjuma Auta (Rtd), JP, KSM, KSS, has died.
He passed away on Feb. 19, 2026, at the Air Force Military Hospital, Jos, after a brief illness.
Born on June 11, 1941, CP Auta enlisted in the Nigeria Police Force on Feb. 26, 1962, and served in several capacities, culminating as Commissioner of Police in Ogun State before retiring on Feb. 26, 1997.
He hailed from Takum Local Government Area of Taraba State.
He is survived by his wife and seven children. The corpse has been deposited at the hospital morgue, and burial arrangements will be communicated in due course.
Former CP David Danjuma Auta dies at Air Force Military Hospital, Jos
Five killed, house burnt in cross-border communal attack in Benue
By: Zagazola Makama
Five persons have been killed and a house razed following a late-night attack on Azoke village in Ado Local Government Area of Benue.
Sources said the incident occurred at about 9:00 p.m. on Feb. 19 when suspected assailants from Akparata community in Ohaukwu Local Government Area of Ebonyi allegedly invaded the village.
The victims were identified as Nwefuru Elu, Nwefuru Agnes, Nwali Nworie Christianana, Obasi Nwode and Nwozo Nwode.
It was gathered that the attackers also set ablaze a house belonging to one Elumu Nwokwo during the assault, heightening tension in the area.
Security personnel who responded to a distress alert visited the scene and documented evidence as part of preliminary investigation.
Authorities said efforts were ongoing to apprehend those responsible, while further investigation had commenced to determine the circumstances surrounding the incident.
Residents were urged to remain calm and cooperate with security agencies as measures were being intensified to prevent escalation of violence in the area.
Five killed, house burnt in cross-border communal attack in Benue
APC conducts congress in 17 local councils in Yobe
Less than 24 hours after triple killing, another Fulani youth slain in fresh Plateau attack by Berom Militia
Police arrest officer previously at large over missing firearms in Riyom Division in Plateau
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