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Newspaper Headlines: Inflation drops to 17.01% as prices of food items soar

Newspaper Headlines: Inflation drops to 17.01% as prices of food items soar
September 16
07:41 2021

The comment of the presidency on the protest at the United Nations headquarters by Yoruba Nation and Biafra agitators dominated the headlines of Nigerian newspapers.

The Punch says the national assembly defended President Muhammadu Buhari’s loan plan as the two major political parties in the country clashed over the nation’s debt. The newspaper reports that Nigeria has piled up N2.36 trillion debt in three months.

The Nation says the United Nations Children’s Fund (UNICEF) said the attacks on schools keep one million children away from school. The newspaper reports that the presidency warned Yoruba Nation agitators over alliance with the Indigenous People of Biafra (IPOB).

Daily Independent says the south-west leaders of the Peoples Democratic Party (PDP) have made strong demand for the party’s national chairmanship slot. The newspaper reports that the country’s inflation rate recorded a fifth decline in 2021 with a drop to 17.01 percent in August.

The Guardian reports that the Debt Management Office (DMO) said the country’s national debt stock hit N35.5 trillion at the end of June 2021. The newspaper says the prices of food items have defied inflation control measures despite decline in inflation rate.

The Nigerian Tribune says lawmakers of the south-east caucus are seeking a soft landing for Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB). The newspaper reports that the Edo state government barred unvaccinated civil servants and visitors from the state secretariat.

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