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Job: Nigeria, Britain partner to combat unemployment

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The Nigerian government has expressed its willingness to partner with the British Government in tackling unemployment and creating job opportunities for young persons in the country. The Minister of State for Labour and Employment, Dr Festus Keyamo, with the Political Counsellor, British High Commission, Mr Dominic Williams. PHOTO: NAN The Minister of State for  Labour  and Employment, Dr Festus Keyamo, stated this when the Political Counsellor, British High Commission, Mr Dominic Williams, paid him a courtesy visit in Abuja. “We are ready to collaborate with our partners all over the world to open up avenues for job creation. We are open to all kinds of suggestions and levels of co-operation,” he said. He disclosed that the Government has opened up other sectors as part of efforts to diversify the economy from oil, which would, in turn, create room for employment. According to him, part of the efforts of Government to diversify the economy and boost job creation...
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Nigeria's Inflation Rate Increases In Dec 2018 - NBS

 

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The National Bureau of Statistics, says the Consumer Price Index which measured inflation increased to 11.44 per cent (year-on-year) in December 2018 from 11.28 per cent recorded in November 2018.
The NBS disclosed this in its “CPI and Inflation Report’’ for December released in Abuja on Wednesday on its website.
The bureau said the figure was 0.16 per cent points higher than the rate recorded in November in the period under review.
It said the increases were recorded in all Classification of Individual Consumption by Purpose divisions that yielded the Headline index.
On a month-on-month basis, it said the headline index increased by 0.74 per cent in the period under review by 0.06 per cent points from the rate recorded in Nov. 2018 (0.80 per cent).
It said the percentage change in the average composite CPI for the 12 months period ended December over the average of CPI for the previous 12 months period.
It, however, measured the CPI at 12.10 per cent in the period under review, indicating a 0.31 per cent decline from 12.41 per cent recorded in November 2018.
According to the bureau, the urban inflation rate increased to 11.73 per cent (year-on-year) in Dec. 2018 from 11.61 per cent recorded in November of the same year.
It said the rural inflation rate also increased to 11.18 per cent in December 2018 from 10.99 per cent in November 2018.
On a month-on-month basis, NBS said the urban index rose by 0.76 per cent in the period under review, showing a decline of 0.07 per cent from 0.83 per cent recorded in November 2018.
Similarly, it said the rural index also rose by 0.72 per cent in December 2018, indicating a decrease of 0.06 per cent from the rate of 0.78 per cent recorded in November 2018.

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