What the papers say – Nigerian front pages on 16 July 2024

What the papers say – Nigerian front pages on 16 July 2024

The PUNCH: The organised private sector, on Monday, blamed the worsening insecurity in the country for the food inflation which increased to 40.87 per cent in June 2024 up from 25.25 per cent in June 2023. Data released by the National Bureau of Statistics on Monday showed that the rise in food inflation in June 2024 represented a 15.62 per cent point increase year-on-year and a 2.55 per cent rise month-on-month


Vanguard: Nigeria’s inflation narratives took a controversial twist yesterday as the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), gives its own figure contradicting that of the National Bureau of Statistics, NBS, by a wide margin.


The Nation: Nigeria’s oil industry will join the big league in December when it becomes a net exporter of refined petroleum products. Nigerian National Petroleum Company Limited (NNPCL) Group Chief Executive Officer (GCEO), Mele Kyari, said yesterday that ahead of this, the Port Harcourt Refinery will go into full operation and petrol supply from next month.


Daily Trust: After two years, the United Arab Emirates (UAE) may have lifted the visa ban imposed on Nigerians. The federal government, through the Minister of Information and National Orientation, Mohammed Idris, yesterday announced that Nigeria and the UAE have reached an agreement on the issue of the visa ban.

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