admin, Author at The Lafete Magazine | Page 28 of 398
close

admin

News & Announcements

‘Emilokan’ can’t win election in Edo State – Obaseki 

The ‘Emilokan’ campaign slogan won’t be effective in Edo State during the current election campaign, according to Governor Godwin Obaseki.

The policy is alien to the people of the state, according to Obaseki, who stated as much when hosting the leaders of the Edo South Senatorial District at the Government House.

President Bola Tinubu used the term “Emilokan” during his campaign for the presidency.

“Edo people will not accept ‘Emilokan’ as a strategy in government as they are not known for that,” Obaseki countered. For us, the people will make the decision.

“What has happened in the last few months is strange, and even if you have ambition, this is not the time to express it. The timetable for the election is not out. You can’t be part of a government and also be the one to destabilise the same government.

“I thought we came together and will leave together and let the people say you have done a great job, and they will now make the decision themselves. They are the ones to say that come rain or sunshine, we must continue.

“You are telling the world one thing and yet doing another. You are loyal to your principal and yet you are in Court with your principal. Everybody has the right to be ambitious but do it the right way.”

Obaseki’s statement seemed to be a subtly critical remark regarding Philip Shaibu, his deputy who is vying for the top job in the state.

read more
Business

Nigeria’s inflation increases to 24.08% in July — NBS

The National Bureau of Statistics reported that in July 2023, the headline inflation rate in Nigeria increased to 24.08 percent.

This is the largest reported leap seen in 2023.

Inflation was 22.79% in June, but it has since increased by 1.29 percentage points.

The NBS said, “In July 2023, the headline inflation rate rose to 24.08 per cent relative to June 2023 headline inflation rate which was 22.79 per cent.

“Looking at the movement, the July 2023 headline inflation rate showed an increase of 1.29 per cent points when compared to June 2023 headline inflation rate.

“On a year-on-year basis, the headline inflation rate was 4.44 per cent points higher compared to the rate recorded in July 2022, which was 19.64 per cent. This shows that the headline inflation rate (year-on-year basis) increased in July 2023 when compared to the same month in the preceding year (i.e., July 2022).”

read more
1 26 27 28 29 30 398
Page 28 of 398