December 12 2019 nigerian news update
Here are some of the top Nigerian news stories from December 12, 2019:
- Nigeria's Inflation Rate Rises to 11.61%: The National Bureau of Statistics (NBS) announced that Nigeria's inflation rate rose to 11.61% in November 2019, up from 11.44% in October. This is the highest inflation rate in 17 months.
- Buhari Signs Executive Order to Boost Local Content: President Muhammadu Buhari 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.
- Nigeria's Economy Grows by 2.28% in Q3 2019: The NBS also announced that Nigeria's economy grew by 2.28% in the third quarter of 2019, driven by growth in the agriculture and services sectors.
- Police Arrest Suspects in Connection with Kogi State Governor's Aide's Murder: The police arrested several suspects in connection with the murder of Tordue Salem, a special assistant to Kogi State Governor Yahaya Bello.
- Nigeria's Senate Passes Bill to Establish National Centre for Disease Control: The Senate passed a bill to establish a National Centre for Disease Control, which will be responsible for coordinating the country's response to public health emergencies.
- Nigerian Army Launches Operation Sahel Sanity to Combat Banditry: The Nigerian Army launched Operation Sahel Sanity, a military operation aimed at combating banditry and kidnapping in the North-West region of the country.
- Nigeria's Power Generation Reaches 3,544MW: The Transmission Company of Nigeria (TCN) announced that the country's power generation reached 3,544 megawatts (MW) on December 11, 2019, the highest level in over two years.
- Nigerian Government to Establish National Space Agency: The government announced plans to establish a National Space Agency, which will be responsible for promoting the development of space technology in Nigeria.
- Nigeria's Central Bank Reduces Monetary Policy Rate to 13.5%: The Central Bank of Nigeria (CBN) reduced its monetary policy rate to 13.5% from 14% in a bid to stimulate economic growth.
- Nigerian Football Federation Appoints New Coach for Super Eagles: The Nigerian Football Federation (NFF) appointed Rohr Gernot as the new coach of the Super Eagles, replacing Gernot Rohr who had been in charge of the team since 2016.
These are some of the top Nigerian news stories from December 12, 2019.