02 11 2016 naija news
Here are some of the top news stories from Nigeria on February 11, 2016:
- Boko Haram: Nigerian Army Claims to Have Killed 100 Insurgents in Borno State: The Nigerian Army said it had killed over 100 Boko Haram insurgents in a battle in Borno State. The army claimed that the insurgents were trying to infiltrate the state capital, Maiduguri.
- EFCC Arrests Former Governor of Plateau State, Joshua Dariye: The Economic and Financial Crimes Commission (EFCC) arrested former Governor of Plateau State, Joshua Dariye, over allegations of corruption. Dariye was accused of embezzling N1.2 billion during his tenure as governor.
- Nigeria's Inflation Rate Rises to 11.4%: The National Bureau of Statistics (NBS) announced that Nigeria's inflation rate had risen to 11.4% in January 2016, up from 11.2% in December 2015. The rise in inflation was attributed to a shortage of foreign exchange and a decline in agricultural production.
- Nigerian Stock Exchange (NSE) Index Falls by 1.1%: The NSE All-Share Index fell by 1.1% to close at 25,441.34 points, due to a decline in the prices of shares of some major companies.
- FG to Launch National Identity Card Scheme: The Federal Government announced plans to launch a national identity card scheme, which would require all Nigerians to register and obtain a national identity card.
- Nigeria's Power Generation Reaches 3,500MW: The Transmission Company of Nigeria (TCN) announced that the country's power generation had reached 3,500 megawatts, up from 2,500 megawatts in 2015. However, the country still faced a significant power deficit.
- Buhari to Meet with Governors over Security Challenges: President Muhammadu Buhari was scheduled to meet with governors from the North-East region to discuss security challenges in the region, including the activities of Boko Haram.
These were some of the top news stories from Nigeria on February 11, 2016.