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THURSDAY 16TH JANUARY 2025

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Inflation Rises Marginally to 34.80% amid Higher Food, Energy, Commodity Prices Bauchi, Sokoto, Kebbi, others recorded highest increases CPPE urges CBN to pause monetary tightening

James Emejo in Abuja and Dike Onwuamaeze in Lagos

The Consumer Price Index (CPI), which measures the rate of change in the prices of goods and commodities,

increased to 34.80 percent in December 2024, compared to 34.60 percent in the preceding month.

The National Bureau of Statistics (NBS) revealed this yesterday. The NBS attributed the 0.20

percent rise in the headline index to the December festive period which increased demand for goods and

services. Continued on page 9

Israel, Hamas Reach Ceasefire Deal 15 Months into War... Page 9 Thursday 16 January, 2025 Vol 29. No 10875. Price: N400

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Sanusi: I'll No Longer Offer Advice to Government on Economic Matters... Page 43

Tinubu, Akpabio, Abbas, Atiku, Saraki, Govs, Others Celebrate Armed Forces Day Our Correspondents

President Bola Tinubu, yesterday, led other prominent Nigerian leaders to

lay wreaths at the Arcade, Abuja, in celebration of this year’s Armed Forces Remembrance Day. Vice President Kashim Shettima

represented Tinubu, who was the special guest of honour at the national arcade, venue of the activities marking the 2025 Armed Forces Celebration

and Remembrance Day parade. The president was in the United Arab Emirates (UAE) for the Abu Dhabi Sustainability Week. He

had departed Abuja last Saturday to participate in the 2025 edition of Abu Dhabi Sustainability Week (ADSW 2025).

Shettima, led by Commander of the Guards Brigade, stood in for Tinubu. Continued on page 9

2025 Budget: N'Assembly Proposes N25trn Revenue Target for FIRS

NNPCL remitted N10trn to CRF last year, Says Kyari NASS jerks up NPA 2025 revenue to N1.75trn Panel summons Edun, Bagudu, over NEMA funding Story on page 9

COMMEMORATING THE 2025 ARMED FORCES REMEMBRANCE DAY... Vice President Kashim Shettima laying wreath at the National Arcade to climax the 2025 Armed Forces Remembrance Day activities at the PHOTO: GODWIN OMOIGUI Eagles Square, Abuja ....yesterday

L-R: Air Commodore Ibrahim Musa; Governor Abdulrahman Abdulrazaq (CON); Commander 22 Armoured Brigade Sobi, Major General Oluwafemi Daniel Williams; and Navy Captain US Okeke, during a courtesy visit to Government House, Ilorin, Kwara State, after the events commemorating the 2025 Armed Forces Remembrance Day... yesterday


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THURSDAY 16TH JANUARY 2025 by THISDAY Newspapers Ltd - Issuu