Breaking news in nigeria today vanguard
Here are some of the breaking news in Nigeria today as reported by Vanguard:
1. Buhari Approves N13.08trn 2023 Budget: President Muhammadu Buhari has approved the 2023 budget of N13.08 trillion, Vanguard reports. The budget, which is the highest in the country's history, is expected to boost economic growth and development.
2. Nigeria's Inflation Rate Rises to 20.3%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate has risen to 20.3% in October 2022, the highest in over 17 years. The rise in inflation is attributed to the increase in food prices and other economic factors.
3. Police Arrest 15 Suspects Over Kidnap of Kaduna Students: The Kaduna State Police Command has arrested 15 suspects in connection with the kidnap of students of the Federal College of Forestry Mechanisation, Afaka, Kaduna. The students were kidnapped on March 11, 2021, and are still being held captive.
4. FG to Launch National Digital Identity System: The Federal Government is set to launch the National Digital Identity System, which is designed to provide a unique digital identity for every Nigerian. The system is expected to improve the efficiency of government services and reduce identity fraud.
5. Nigeria's External Reserves Fall to $38.64bn: Nigeria's external reserves have fallen to $38.64 billion, the lowest in over two years. The decline in reserves is attributed to the country's high import bills and low export earnings.
6. Kaduna State Government to Establish New University: The Kaduna State Government has announced plans to establish a new university in the state. The university, which is expected to be one of the best in the country, will offer a wide range of academic programs.
7. Nigeria's GDP Growth Rate Slows to 3.98%: The National Bureau of Statistics (NBS) has announced that Nigeria's GDP growth rate has slowed to 3.98% in the third quarter of 2022. The slow growth rate is attributed to the decline in the agricultural sector and other economic factors.
These are some of the breaking news in Nigeria today as reported by Vanguard. Please note that the news may be subject to change as new developments emerge.