Higher Food, Commodity Prices Push Inflation Further to 20.77% Severe in Kogi, Rivers, Benue James Emejo in Abuja The Consumer Price Index (CPI) which measures the rate of change in prices of goods rose to 20.77 per cent in September 2022, compared to the 20.52 per cent recorded in
August 2022, the National Bureau of Statistics (NBS) disclosed yesterday. Inflation stood at 16.63 per cent in September 2021, when compared on a year-on-year basis. The NBS noted that the 4.14 percentage rise in the headline
index (when compared on a year-on-year basis), the highest in 17 years, indicated that the general price level was higher relative to the preceding year. The food inflation rate increased by 3.77 per cent to 23.34 per cent
year-on-year compared to 19.57 per cent in the preceding year. The statistical agency, in its CPI report for September, which was posted on its website, stated that the rise in food index was caused by increases in prices of bread and
cereals, food products, potatoes, yam, and other tuber, oil, and fat. However, month-on-month, food inflation dropped by 0.54 per cent to 1.43 per cent in the review month compared to 1.98 per cent. The NBS attributed the decline
in food inflation in September to a reduction in prices of some food items particularly tubers, palm oil, maize, beans, and vegetables. The core index, which excludes Continued on page 10
Obi: I Will Rescue Nigeria from Becoming a Failed State... Page 12 Tuesday 18 October, 2022 Vol 27. No 10052. Price: N250
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At Kaduna Rally, Atiku Pledges to Restore Peace, Condemns Attack on Supporters Chuks Okocha in Abuja
L-R: Presidential candidate of Labour Party, Mr. Peter Obi; Shiekh Ahmad Abubakar Gumi; Chief Immam Central Mosque, Kaduna, Dr. Suleiman Mohammed Adam, and the vice presidential candidate of the Labour Party, Dr. Yusuf Datti Baba-Ahmed, during a courtesy call on Shiekh Gumi in Kaduna…yesterday
Presidential candidate of Peoples Democratic Party (PDP), Atiku Abubakar, yesterday, during his Continued on page 10
Tinubu in Kaduna,Vows to Deal With Elements Threatening Nation’s Security Says every inch of Nigeria’s territory will be secured Hints at economic plan, says he’ll pay attention to modern fiscal drivers Declares it’s payback time, Atiku should endorse him Adedayo Akinwale in Abuja and
John Shiklam in Kaduna
Presidential candidate of All Progressives Congress (APC), Asiwaju Bola Tinubu, yesterday, vowed to deal decisively with all elements threatening the peace, security, and unity of Nigeria, if elected president
next year. Tinubu stated this in Kaduna at an interactive session with northern leaders of thought. The forum for presidential candidates was organised by the Joint Northern Committee, comprising Arewa Consultative Forum, Northern Continued on page 10
Editors: Shutdown of Four Broadcast Stations Threat to Democracy... Page 36
ONE-MILLION-MAN MARCH FOR HURRICANE JARIGBE...
Senator Jarigbe Agom Jarigbe representing Cross River North at a one-million-man march organised by his constituents of the Peoples Democratic Party in Ogoja... recently