Trending nigeria news today
Here are some of the trending news in Nigeria today:
- Nigeria's Inflation Rate Rises to 17.6%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate has risen to 17.6% in June 2022, the highest in over 17 years. This is due to the ongoing economic challenges and the impact of the COVID-19 pandemic.
- Fuel Scarcity Hits Nigeria: Fuel scarcity has hit Nigeria, with many petrol stations running out of fuel. The scarcity is attributed to the ongoing strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the National Union of Petroleum and Natural Gas Workers (NUPENG).
- Nigeria's Economy Grows by 3.11%: The National Bureau of Statistics (NBS) has announced that Nigeria's economy grew by 3.11% in the first quarter of 2022, driven by the growth in the agricultural and services sectors.
- Buhari Signs Executive Order to Boost Local Content: President Muhammadu Buhari has signed an executive order to boost local content in the country's economy. The order aims to promote the use of local goods and services in government procurement.
- Nigeria's Power Sector Records 4,000MW Generation: The Transmission Company of Nigeria (TCN) has announced that the country's power sector has recorded a generation of 4,000 megawatts (MW) for the first time in over a decade. This is a significant improvement from the 2,000MW generated in 2020.
- Nigeria's Debt Hits N32.9 Trillion: The Debt Management Office (DMO) has announced that Nigeria's debt has hit N32.9 trillion, with the federal government accounting for N22.4 trillion of the debt.
- Nigeria's Insecurity: Buhari Meets with Security Chiefs: President Muhammadu Buhari has met with security chiefs to discuss the ongoing insecurity in the country. The meeting aimed to find solutions to the security challenges facing the country.
- Nigeria's Education Sector in Crisis: The education sector in Nigeria is facing a crisis, with many schools shut down due to lack of funding and insecurity. The crisis has led to a decline in the quality of education in the country.
- Nigeria's Health Sector in Crisis: Nigeria's health sector is also facing a crisis, with many hospitals lacking basic amenities and equipment. The crisis has led to a decline in the quality of healthcare in the country.
- Nigeria's Economy to Grow by 2.5% in 2022: The International Monetary Fund (IMF) has predicted that Nigeria's economy will grow by 2.5% in 2022, driven by the growth in the agricultural and services sectors.
These are some of the trending news in Nigeria today.