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Hunger! Global Food Prices Reach 18-Month High – FAO

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It was the highest since April 2023 but still 20.5 per cent lower than the peak reached in March 2022.

Global food prices rose in October to their highest level in 18 months, with a sharp increase in the cost of vegetable oil, the Food and Agriculture Organization said on Friday.

The FAO Food Price Index, which tracks monthly changes in international prices of a basket of food commodities, reached 127.4 points last month, a two-percent increase from September.

It was the highest since April 2023 but still 20.5 per cent lower than the peak reached in March 2022 following Russia’s invasion of agricultural powerhouse Ukraine.

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Vegetable oil prices increased by 7.3 per cent in October, reaching a two-year high due to lower production.

Sugar prices rose 2.6 per cent, dairy was up 2.5 per cent and cereals gained 0.8 per cent.

Meat was the only commodity to fall, down 0.3 percent from the previous month.

The FAO is an agency of the United Nations.

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JUST IN: Govt Declares Friday As Public Holiday

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The Ondo State Government has declared Friday as public holiday to enable civil servants and others to travel to their various communities to exercise their civic responsibilities.

This was contained in a statement on Wednesday evening signed by O.F Ayodele, Permanent Secretary, Office of the Head of service.

The statement reads, “The 2024 Governorship Election in Ondo State has been scheduled by the Independent National Electoral Commission (INEC) to hold on Saturday, 16th November, 2024.

“To this end, the Ondo State Government has declared Friday, 15th November, 2024 as Work-Free Day for Public Servants in the State to enable them travel to their various communities to exercise their civic responsibilities.

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“All Accounting Officers are to note the content of this Circular and disseminate same to all staff of their respective Ministries, Departments and Agencies.”

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NNPC Carries Out Leadership Shakeup, Appoints Adedapo Segun As New CFO

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The Board of Directors at the Nigerian National Petroleum Company Limited (NNPC) has announced a leadership shakeup, appointing key executives to strengthen corporate governance and operational efficiency.

This was made known in a press statement issued on Wednesday by the NNPC’s Chief Corporate Communications Officer, Olufemi Soneye.

In the series of new appointments, Mr. Adedapo A. Segun has been named as Chief Financial Officer (CFO), succeeding his prior role as Executive Vice President of the Downstream sector, where he contributed significantly to NNPC’s downstream operations.

Segun replaced the outgoing CFO, Umar Ajiya.

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Joining him in newly appointed roles, Mr. Isiyaku Abdullahi has been promoted to Executive Vice President (EVP), Downstream.

Udobong Ntia has also been appointed as the Executive Vice President (EVP), Upstream, replacing the outgoing EVP Oritsemeyiwa Eyesan.

The statement read, “These appointments align with NNPC Limited’s commitment to building a unified and competent leadership team to drive operational excellence and support the organisation’s strategic objectives.

“The Board and Management also extend their deepest appreciation to Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan for their outstanding dedication and service to NNPC Limited.

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NNPC Limited remains committed to achieving operational excellence, enhancing global competitiveness, and ensuring financial sustainability, while prioritising the interests of the Nigerian public in the petroleum industry.”

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1,172 Nigerians Killed, Over 1,000 Kidnapped In Nine Months – NHRC

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The National Human Rights Commission (NHRC) says a total of 1,463 people were killed by non-state actors while 1,172 Nigerians were kidnapped between January to September 2024.

According to the data from the commission, the month of May recorded the highest number of persons killed with 298 while March recorded the highest number of abductions with 499 kidnappings.

These figures were presented on Wednesday at a workshop on the state of human rights in Nigeria by the commission and the European Union, in Abuja.

In his remarks, NHRC Senior Human Rights Adviser, Hillary Ogbonna, gave a breakdown of the alarming rise in human rights abuses, including kidnappings, killings and child abandonment.

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“By January 2024, we already had 150 kidnappings and 55 killings associated mainly with non-state actors. What has become the norm is the killing of law enforcement officers,” he said.

“We started with seven policemen killed in January. From victims’ perspectives, we had quite a number of victims for human rights violations for January.”

The NHRC attributed the rise in kidnappings, killings and child abandonment to the negligence of the state tom protect its citizens.

“In recent years, we have witnessed alarming trends and threats against those who dare to speak the truth to power.

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“It serves as a stark reminder that the protection of human rights is an ongoing struggle that requires continuous vigilance, action and cooperation from all sectors of the society,” Tony Ojukwu, NHRC Executive Secretary said.

The delegation from the EU reiterates its commitment to support Nigeria to overcome these challenges. It also urged the Federal Government to work with the armed forces to end this trend.

“The European Union will continue to work around the world through diplomacy,” the Head of EU Delegation, Zissimos Vergos, said.

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