26th june 2019 nigerian news
Here are some of the top Nigerian news stories from June 26th, 2019:
- Buhari Signs Executive Order to Boost Local Content: President Muhammadu Buhari has signed an executive order aimed at promoting local content in public procurement. The order is designed to increase the participation of Nigerian businesses in government contracts and reduce the country's reliance on foreign goods and services.
- Nigeria's Inflation Rate Rises to 11.37%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate rose to 11.37% in June 2019, up from 11.28% in May. The increase was attributed to rising prices of food and housing.
- EFCC Arrests 12 Suspects Over Alleged N1.4bn Fraud: The Economic and Financial Crimes Commission (EFCC) has arrested 12 suspects in connection with an alleged N1.4 billion fraud. The suspects are accused of diverting funds meant for the construction of a road in Kogi State.
- Nigeria's GDP Growth Rate Slows to 2.05%: The National Bureau of Statistics (NBS) has announced that Nigeria's Gross Domestic Product (GDP) growth rate slowed to 2.05% in the first quarter of 2019. The growth rate was attributed to a decline in the agricultural sector.
- APC Suspends National Vice Chairman, Others: The All Progressives Congress (APC) has suspended its National Vice Chairman, Mr. Segun Oni, and two others over alleged anti-party activities. The suspended officials are accused of working against the party's interests in the 2019 general elections.
- Nigeria's Power Generation Reaches 3,944MW: The Transmission Company of Nigeria (TCN) has announced that the country's power generation capacity has reached 3,944 megawatts. The increase was attributed to the completion of several power projects across the country.
- FG Launches National Digital Identity Policy: The Federal Government has launched a national digital identity policy aimed at creating a unique digital identity for every Nigerian. The policy is designed to improve the efficiency of government services and reduce identity fraud.
These are some of the top Nigerian news stories from June 26th, 2019.