By Adedapo Adesanya

Nigeria has received a 32-tonne shipment of rice from Thailand as part of foreign relief to tackle escalating hunger and food insecurity.

The shipment, the first of its kind in a decade, has arrived in Lagos, according to DUCAT, the logistics company that facilitated its delivery.

The rice from Thailand was exported following Nigeria’s decision to implement a tariff moratorium on wheat, corn, rice, and other food crops last year, DUCAT revealed.

Although the duty waiver was introduced, purchases have largely been cautious, driven by concerns about its potentially harmful impact on local producers.

“Nigeria has been working hard to find solutions to broaden and strengthen its food supply accessibility,” DUCAT Chief Executive Officer, Mr Adrian Beciri said in a statement.

Several months ago, Nigeria unveiled a set of measures to combat soaring food inflation, which is rising at its fastest rate in three decades.

According to the last inflation update, food inflation reached 39.93 per cent year-on-year in November from 39.16 per cent the previous month in October 2024, caused by price rises for staples such as rice, maize, bread, potatoes and cooking oil.

Inflation quickened sharply in the second half of 2023 after President Bola Tinubu devalued the Naira and cut petrol and electricity subsidies to try to lift economic growth and shore up public finances.

Inflation has still not let up as it remained at 34 per cent as of November.

Many of the policies have failed to materialise including a 180-day window to allow duty-free imports of wheat, corn, and other critical food crops— a move promised would crash food prices.

A survey of market prices by Business Post indicates that food prices remained elevated during the last Christmas period.

By Dipo Olowookere

The Speaker of the Lagos State House of Assembly, Mr Mudashiru Obasa, has been impeached by members of the legislative arm of government.

Mr Obasa was removed from office on Monday after a motion for this was moved by one of the lawmakers.

The Assembly has now elected Ms Mojisola Meranda, a member representing Apapa I Constituency, as the new Speaker.

This action is coming amid allegations of fraud against Mr Obasa, who is from the Agege constituency.

It has been speculated that Mr Obasa got into political trouble because of his alleged interest in the governorship position in 2027.

By Aduragbemi Omiyale

The former wife of the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Queen Naomi Silekunola, has been granted bail by an Oyo State High Court.

Justice K. B Olawoyin, presiding over Court 8 sitting at Ring Road on Monday, granted the bail worth N10 million, with two sureties who must submit landed documents within the jurisdiction of the court.

Also granted the bail were an ace broadcaster, Mr Oriyomi Hazmat, and the Principal of Bashorun District’s Islamic High School, Ibadan, Mr Abdulahi Fasasi.

Recall that on December 18, 2024, over 30 children died in a stampede at the school during a Christmas funfair event organised by Ms Naomi.

She reportedly organised the event to give out about N5,000 each to 5,000 children to alleviate the hardship in the ancient city.

However, before the event started, the stampede occurred as parents reportedly stormed the venue with their kids for the money.

The police arrested eight persons, including the ex-wife of Mr Ogunwusi. They were taken to court, which ordered their remand.

This morning, they appeared before Justice Olawoyin for their bail application, which was granted.

The judge said the sureties must submit their international passport with the court, while the defendant must not grant any form of interview during the pendency of the case.