How the cost of living crisis is hammering UK households – in charts
Britain is facing the highest rates of inflation since the early 1980s, with households suffering the biggest hit to their incomes since modern records began. The government has announced billions of pounds in emergency financial support, but has faced heavy criticism over its handling of the cost of living crisis as millions struggle to afford the basics. The forecasts show just how many people will fall into the red, at least temporarily, as incomes struggle to match the rising cost of living. “The current crisis is painful for households, but it should start to ease next year. Income data is for UK non-pensioners after housing costs, while the inflation rate excludes housing cost changes.
Source:The Guardian
June 22, 2022 03:46 UTC
Kellogg to focus on snacks with surprise three-way split
Three-Way SplitThe breakup of the Pringles, Cheez-It and Pop-Tarts makers would result in the creation of a global snacking business that would also house its international cereal and noodles brands and its North America frozen breakfast division. Strategic OptionsKellogg expects the spinoffs to be completed by the end of 2023, adding that it was also exploring strategic options for its plant-based business including a possible sale. The snacks business, which will be the biggest post the split, would be helmed by current top boss Cahillane. The company said its North American cereal business and the plant-based focused company will remain headquartered in Battle Creek, Michigan. “(The split) provides a path for struggling US cereal to regain focus.
Source:Nigerian Tribune
June 22, 2022 00:19 UTC
JUST IN: 85 days after, Buhari orders immediate rescue of Abuja-Kaduna train attack victims
Eighty-five days after passengers on the Abuja-Kaduna train were attacked, the President, Major General Muhammadu Buhari (retd. ), ordered security and intelligence agencies to secure their release. In a statement via his official Twitter handle, Buhari said all hostages still held by the terrorist must be rescued and returned to their families alive. He said, “I have directed our security and intelligence agencies to scale up and speed up efforts to secure the safe release of all the remaining abducted Abuja-Kaduna train passengers. “I welcome the safe return of the recently-released passengers, to their families and loved ones.
Source:Punch
June 21, 2022 21:01 UTC
Cloudflare resolves ‘500 Internal Server error’ glitch
Some Internet users on Tuesday morning experienced a ‘500 Internal Server error’ message while trying to visit some popular websites. This was caused by a major outage at the content delivery network, Cloudflare, which caused hundreds of websites across the Internet to stop working and display the error message. Websites make use of Cloudflare to deliver content from the cloud safely, for users to utilise them. Cloudflare, on its official Twitter handle, acknowledged the issue and also announced that it has been resolved. On its official site, Cloudflare said, “A critical P0 incident was declared at approximately 06:34 AM UTC.
Source:Punch
June 21, 2022 20:31 UTC
Lagos partners World Bank on solar power – Punch Newspapers
AdsBreaking NewsNo Supreme Court justice without SUV, cars, CJN denies alleged poor welfareKindly share this story:The Lagos State Government has unveiled its plan to collaborate with the World Bank on the implementation of pathways for a one-gigawatt solar Photovoltaics electricity system in the state. The state Commissioner for Energy and Mineral Resources, Mr Olalere Odusote, disclosed this in a statement on Sunday. “The ministry would incorporate the feedback from the stakeholders and leverage same in developing a detailed project design document to guide the project implementation. “The funding requirement for deployment of about 500MW of solar DPV in the next five years is estimated at $350 – $700 million. Contact: theeditor[at]punchng.comFOREX, BITCOIN AND BINARY TRADING: We help you professionally trade your forex, bitcoin and binary accounts for minimum 20% weekly profit.
Source:Punch
June 21, 2022 16:24 UTC
2023: Expectations on the economy | The Guardian Nigeria News - Nigeria and World News
To hold that Nigeria is in a dire strait economically and that its next president has an unenviable task to fix it, is an understatement. With the parlous state of the nation’s economy, presidential candidates eyeing 2023 will need to convince the electorate on how to overcome challenges of high inflation, rising debts, dwindling revenue, high unemployment, rising insecurity among others. Without external influence, the president bears the burden of failed policies and what befalls the economy. His job will be to work for Nigerians for the Nigeria that they seek. Nigeria has some of the best brains in the world and has never been devoid of good ideas to make the nation better.
Source:The Guardian
June 21, 2022 16:17 UTC
Nurse holds doctor hostage in OAU teaching hospital, resident doctors plan strike
The association of resident doctors (ARD) at the Obafemi Awolowo University Teaching Hospital (OAUTHC) Ile-Ife has concluded plans to go on strike over what they termed recurrent harassment of doctors at the hospital. The doctors held a meeting and resolved to embark on a 48-hour warning strike starting from 8 am on Tuesday, June 21 to Thursday, June 23, 2022. The doctors made their decision known in a release on Monday signed by Drs Nana Fayowole, president; Anuforo Anthony, General Secretary, and Olasubomi Adelaja, Public Relations Officer. “Despite several pleas, the nurse vowed never to let the doctor out no matter who comes from Abuja. It took the effort of many people (staff and passersby) to persuade the nurse to release the doctor.
Source:Nigerian Tribune
June 21, 2022 04:10 UTC
Basic things about growth process that will shape your perspective as a creative
The growth process of seeds is peculiar to the kind of seed and the crop it is designed to germinate into. And this growth process can also be likened to that of creatives. However, the growth process and paying attention to it should not be ignored. Things to note about a creative’s growth processThere are many things to note when it comes to the growth process of a creative. As a creative in a growth process, you should have the ability to learn by instructions.
Source:Nigerian Tribune
June 21, 2022 03:23 UTC
NEPZA’s special security outfit to enhance investment security | The Guardian Nigeria News - Nigeria and World News
The Nigeria Export Processing Zones Authority (NEPZA) has described its newly inaugurated Special Economic Zone Security (SEZSEC) outfit as the best move to further attract investments to the free zone areas. It is also expected to create a safe and secure environment for the zones’ employees, facilities, contracted service providers, members of the public, the special economic zones and NEPZA resources. The Guardian gathered that the outfit was borne out of the need to further strengthen existing security architecture and provide adequate security to lives and properties in the free zones. In his remarks, the Minister of Industry, Trade and Investment, Niyi Adebayo, said the decision to create the body was apt in order to secure and keep the special economic zones (SEZ) safe and give confidence to investors. Ali, who was represented by Catherine Ekekezie, Deputy Comptroller-General in-charge of Excise, Free Trade Zones and Industrial Incentives Department, cautioned the personnel against going on a “one-man patrol” to avoid running into trouble.
Source:The Guardian
June 21, 2022 02:29 UTC
Milk firm to inaugurate dairy farm in Ogun
Makers of frozen dairy and ice cream brands, Fan Milk, is set to unveil their newly completed model dairy farm in Odeda, Ogun State. A statement made available to The PUNCH on Monday revealed that the farm will be inaugurated to boost local production of milk in Nigeria. The statement party read, “The dairy farm is Danone’s first investment in dairy farming in Sub-Saharan Africa to boost local milk production in Nigeria. Hence, the partnership with the Ogun State will harness the social and economic potentials of participating in local dairy production. He added that the company also intended to commission a dairy training institute and a milk collection centre to train local dairy farmers and reduce the importation of milk in Nigeria.
Source:Punch
June 20, 2022 23:57 UTC
BREAKING: Ex-minister Orubebe resigns from PDP, gives reasons
A former Minister of Niger Delta, Godsday Orubebe, has resigned his membership of the Peoples Democratic Party. He made this known in a letter addressed to the National Chairman of the party,lyorchia Ayu, on Monday. In a copy of his resignation letter obtained by our correspondent, the former minister expressed dismay over the emergence of a northerner, Atiku Abubakar, as the party’s presidential candidate. Part of the letter read, “I write to formally inform you of my resignation from the PDP. “Consequently, I am by this letter intimating you of my total withdrawal from all activities at the Ward, Local, State, and National levels of the PDP.
Source:Punch
June 20, 2022 23:42 UTC
'Eight dead' as Nigerian churches attacked
Gunmen have killed eight people and kidnapped 38 others in an attack on two churches in the northern state of Kaduna, an official from the Christian Association of Nigeria says, weeks after a similar deadly attack in the southwest.
Source:The Guardian
June 20, 2022 18:39 UTC
EU adds West African jihadists to sanctions blacklist | The Guardian Nigeria News - Nigeria and World News
The European Union on Monday added three Al-Qaeda-linked jihadist commanders in West Africa to its terrorist sanctions blacklist for attacks in Mali and Burkina Faso. The new asset freezes and visa bans target Sidan Ag-Hitta and Salem ould Breihmatt, senior commanders within the UN-listed Al-Qaeda-affiliated Jama’at Nusrat al-Islam Wal-Muslimin (JNIM) in Mali, as well as its Burkinabe branch Ansarul Islam and its leader Jafar Dicko. “The sanctioned group and individuals are responsible for several terrorist attacks, including against civilians, the UN peacekeeping mission in Mali and defence and security forces in Burkina Faso,” the EU said. “Their activities contribute to the expansion of the terrorist threat in Western Africa and therefore pose a serious and continued threat to the EU and to regional and international stability.”The move takes to 13 people and four groups the number of targets now on the EU’s blacklist against Al-Qaeda and the Islamic State group.
Source:The Guardian
June 20, 2022 14:39 UTC
Passengers Stranded As Fuel Scarcity Hits Lagos
Many passengers were stranded at various bus stops in Lagos State, Monday morning, as commercial vehicles were scarce on the road. The scarcity of vehicles was attributed to the fuel scarcity, which was gradually building up in some parts of Lagos. Our correspondent saw that many people were stranded at major bus stops along Ogba-Berger road, such as Aguda, college road, among others. Commercial drivers interviewed by our correspondent confirmed that the development was due to the fuel scarcity, particularly the Premium Motor Spirit. The PUNCH reported that the Federal Capital Territory, Abuja, had recently been caught up in some fuel scarcity, with vehicles seen queuing up for fuel since May.
Source:Punch
June 20, 2022 11:47 UTC
Witnesses accuse rebels of killing hundreds in Ethiopia | The Guardian Nigeria News - Nigeria and World News
“I lost my 16-year-old daughter in the attack shot by a bullet from the (OLA) gunmen,” one Amhara man said, adding that the rebels had blocked the main highway. “The Abiy regime is again blaming the OLA for atrocities committed by its own retreating fighters,” he said on Twitter. The EHRC, a state-affiliated independent rights body, said in a statement that security forces had carried out “door-to-door executions” in Gambella, which borders Oromia. The OLA last year forged an alliance with the Tigray People’s Liberation Front (TPLF), which has been locked in conflict with federal forces in northern Ethiopia since November 2020. Ethiopia’s government declared a “humanitarian truce” in March, allowing limited supplies of international aid into Tigray for the first time since mid-December.
Source:The Guardian
June 20, 2022 11:38 UTC