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The value of ₦40,000 in 2015 equivalent to over ₦500,000 today – Farah Dagogo

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photo: Nigeria currency

A former member of the National Assembly, Dr Farah Dagogo, has complained about the decrease of value in Nigeria, stating that ₦40,000 in 2015 is equivalent to over ₦500,000 in today’s economy.

The former lawmaker expressed grave concerns about worsening economic indicators, predicting increased hardship for citizens. He described the current living conditions in the country as bleak and questioned why the population continues to suffer despite Nigeria’s wealth of natural resources. He emphasized that purchasing power has drastically declined over recent times, noting that hyperinflation levels have reached unprecedented heights not seen even during the civil war.

The value of ₦40, 000 in 2015 is equivalent to over ₦500, 000 in today’s Nigeria in 2024. Criss-cross the costs of goods and services during this period and vis-a-vis the reality of today and we all will come to that sad realisation. That was why labour was justifiably demanding for a living wage.

“The inconsolable unavoidable truth is that the value of the money most people are getting or earning in 2024 is not too different from that of 2015, but the purchasing powers have practically gone out the window,” he said in a statement issued by his media aide, Ibrahim Lawal, on Saturday, June 15, 2024. “Anti-people and inhuman economic policies have helped put the people in a terrible state. Money that could comfortably procure over 10 50kg bags of rice in 2015 can only buy one now, yet no improvement in the real money in the hands of the people.

“Something has to give way, this cannot continue. These sufferings and hardships have to be remedied. Unfortunately, optics point to further pains for the citizenry,” he added.

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Police Arrest Suspected Child Trafficker in Imo, Rescue Three Stolen Children

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The Imo State Police Command’s Quick Intervention Team has arrested a suspected child trafficker, Mrs. Chinelo Onwuasonya, 36, and rescued three abducted children.

Onwuasonya, described as a notorious figure in child trafficking, was apprehended on Wednesday at Amajeke Park, Owerri, with the children she allegedly abducted from different locations in the state.

Commissioner of Police, Aboki Danjuma, praised the operation, stating that the children—Chinecherem Eze (3), Delight Eze (1), and Okeke Favour (3)—have been reunited with their families.

“This success highlights our commitment to protecting children and combating trafficking. We urge the public to report any suspicious activities,” Danjuma said, reaffirming the command’s dedication to eradicating child trafficking in Imo State.


 

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Florida Mother Arrested for Allegedly Drowning 14-Year-Old Daughter

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A 14-year-old girl, Giselle Glover, tragically lost her life after her mother, Kelsey Glover, 35, allegedly held her head underwater in a bathtub.

Osceola County Sheriff Marcos Lopez stated that deputies responded to an “armed disturbance” at the Poinciana home on Wednesday, November 20. Upon arrival, officers found Glover attempting to attack witnesses with a hammer after the incident.

Despite attempts to save Giselle, she was found unresponsive and pronounced dead at the hospital. Witnesses reported that they tried to intervene but were unsuccessful in stopping the attack.

Glover, who is being held without bail, faces charges of aggravated assault and battery, with additional charges pending. Authorities are investigating her motives, as she has been uncooperative so far.

Officials confirmed a prior domestic issue involving Glover, where she allegedly attacked her daughter’s father.

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IPOB Disowns Simon Ekpa Due to His Arrest And Calls for Focus on Biafra Struggle

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Photo source: Google

The Indigenous People of Biafra (IPOB) have urged their members to stay focused on their mission to achieve an independent Biafran state and remain calm amidst the arrest of Simon Ekpa, who describes himself as the Prime Minister of Biafra in Exile.

In a strong condemnation of Ekpa’s actions, IPOB emphasized that every crime has its consequences.

Emma Powerful, the group’s spokesperson, clarified that Simon Ekpa is not, and has never been, a member of IPOB. He accused Ekpa of using violence to destabilize the South-East region since 2021.

In a detailed statement, Powerful said, “Simon Ekpa has no affiliation with the global IPOB family or its leadership.

Despite false narratives claiming otherwise, he has never been registered as a member in Finland or any other part of the world.”

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Powerful reiterated that IPOB, under the leadership of Nnamdi Kanu, has consistently pursued a peaceful path toward achieving Biafra’s independence.

“Mazi Nnamdi Kanu founded IPOB as a non-violent movement dedicated to self-determination through a United Nations-supervised referendum.

Despite repeated provocations and violent crackdowns by the Nigerian government, we have remained steadfast in our peaceful approach for over two decades,” he explained.

Ekpa, however, has been accused of exploiting the Biafran cause for personal gain.

“Many innocent Biafrans, driven by their passion for the Biafran struggle, initially believed in Simon Ekpa’s rhetoric.

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Unfortunately, they later realized he was a destructive force, funded to undermine IPOB’s efforts.

He has recruited violent criminals under the guise of fighting for Biafra and formed the so-called Biafra Liberation Army, which has carried out atrocities in the Eastern region,” Powerful added.

Ekpa, who leads the self-proclaimed Biafra Government in Exile (BGIE), has been linked to violent activities that have harmed civilians.

Powerful accused both the Nigerian and Finnish governments of protecting Ekpa from accountability for his alleged crimes. Despite this, IPOB expressed confidence that justice would prevail.

The statement ended with a call for unity and focus: “We urge all IPOB members, Biafrans, and supporters of our cause to remain calm.

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Our objective remains the same—to restore Biafra’s sovereignty through peaceful means.

No amount of sabotage can deter us from this goal.”


 

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