Bayelsa State Government Approves ₦45 Billion Contract for Construction of 9-Storey Complex, Inflation Eases for Second Consecutive Month and more…
Bayelsa State Government Approves ₦45 Billion Contract for Construction of 9-Storey Secretariat Complex
The Bayelsa State Government has approved a N45 billion contract to build a new 9-storey secretariat complex in the state's capital, aimed at enhancing the working environment for civil servants. This development was revealed during the 136th executive council meeting, chaired by Governor Douye Diri. At the meeting, the architectural plans for the new building were unveiled, according to a report by African Independent Television (AIT) on Friday.
Lagos Government Cracks Down on Illegal Developments in Mayegun Waterfront, Serves Over 280 notices for Master Plan Violations and Coastal Protection
The Lagos State Government has issued contravention notices to more than 280 illegal property owners and occupants in the Mayegun Waterfront Scheme, located in Eti Osa Local Government Area. The notices highlight issues such as distortion of the master plan, slum formation, and the risk of coastal erosion.
In a statement shared on the government’s official X (formerly Twitter) account on Tuesday, September 17, 2024, it was revealed that the action took place on Saturday, September 14. This move is part of the government's broader strategy to address uncontrolled development that threatens Lagos' urban environment.
Inflation Eases for Second Consecutive Month as Nigeria's Headline Rate Drops to 32.15% in August 2024
Nigeria's headline inflation rate declined to 32.15% in August 2024, down from 33.40% in July, representing a reduction of 1.25 percentage points.
This marks the second straight month of inflation easing following a similar trend in the previous month.
According to the Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS), inflation for August 2024 was 6.35 percentage points higher than the 25.80% recorded in August 2023, showing a notable increase over the past year.