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The consumer price index (CPI) which measures inflation went down marginally by 0.06 percent points lower than the 11.08 percent recorded in July 2019 to 11.02 percent (year-on-year) in August 2019.
The Nigerian Association of Small Scale Industrialists (NASSI) has said that forex restriction on imported dairy products would uphold indigenous companies into milk processing and spur local production.
“Our focus remains ensuring forex savings, job creation and investments in the local production of milk. For the avoidance of doubt, milk importation is not banned. Indeed, the CBN has no such power. All we will do is to restrict sale of forex for the importation of milk from the Nigerian foreign exchange market.”
The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), in a statement, condemned the CBN’s planned policy restricting allocation of foreign exchange (FOREX) for milk importation into Nigeria.
Former Education Minister and Vice-President of the World Bank’s Africa division, Oby Ezekwesili, and other Nigerians expressed concerns about the addition of milk to planned to list of items banned from accessing the official foreign exchange market.
World food prices declined in November 2018 to their lowest level in over two years, led down by much weaker vegetable oil, dairy and cereal prices, the United Nations food agency said on Thursday.
Rwanda has banned importation of meat, dairy products, vegetables and fruits from South Africa over listeriosis viral disease, a statement said this week.
The Manager of Benin Airport, Mr Olatokunbo Arewa, says plans are on to expand the apron of the airport as more airlines commence operations in the state.
Antonio Conte branded himself a ‘jackass’ for his tactical blunders which saw Inter Milan struggle to a draw in their European opener this week, but warned they would kick back into gear on Saturday against city rivals AC Milan.
Mr. Rodney Nathan, the chairman of Adamawa State chapter of the Nigeria Union of Teachers has said that the allegation of rape levelled against a teacher was untrue as the teacher and the alleged rape victim, 12, were in a relationship.
Nigerian soldiers have surrounded the Maiduguri office of Action Against Hunger, an international nongovernmental working in Borno State.
The Kano State Hisbah Board says it has arrested four youths for allegedly committing immoral acts.
The Public Relations Officer (PRO) of Rivers State Sports Council (RSSC), Christopher Chioma, has attributed Team Rivers’ unimpressive performance at the ongoing National Youth Games (NYG) to their late arrival.
The Presiding Pastor, Omega Fire Ministries Worldwide, Auchi, Apostle Johnson Suleiman, says he is willing to assist in airlifting more Nigerians willing to return home from South Africa.
A High Court sitting in the Federal Capital Territory (FCT) Abuja, on Monday, fixed October 24 for ruling on the suit filed before it by the Buhari Campaign Organisation (BCO) seeking N40 million damages from the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, for alleged libelous claims against President Muhammadu Buhari.
The British government has launched an investigation into the death of a Nigerian Oscar Okwurime at a detention centre next to Heathrow airport.
The last may not have heard about the lady killed in a Toyota car that plunged into a river when it skidded off the NLNG /Amadi Bridge last Monday’s night in Port Harcourt, Rivers State.