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Food, Energy Costs Push UK Inflation To 11.1%, Highest In 41 Years

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The inflation rate in the United Kingdom jumped in the last 12 months to 11.1 percent in October, up by one percent from August’s inflation rate.

The Office for National Statistics said this on Wednesday.

According to ONS, the largest upward contributions came from electricity, gas, and other fuels.

“Indicative modeled consumer price inflation estimates suggest that the CPI rate would have last been higher in October 1981, where the estimate for the annual inflation rate was 11.2 percent,” the ONS said.

ONS further explained that on a monthly basis, the CPI rose 2 percent in October, matching the annual CPI inflation rate between July 2020 and 2021.

It added that the cost of housing and household services, which includes energy bills, rose by an all-time high of 11.7 percent in the 12 months to October 2022, up from 9.3 percent in September 2022.

“In October 2022, households are paying, on average, 88.9% more for their electricity, gas, and other fuels than they were paying a year ago,” it added.

“Domestic gas prices have seen the largest increase, with prices in October 2022 being more than double the price a year earlier.”

Earlier this month, the Bank of England (BoE) raised its interest rates from 2.25 percent to 3 percent, its highest rate hike since 1989.

Andrew Bailey, BoE governor, had said the move was part of efforts by the bank to tame rising inflation.

The UK has been battling difficult economic situations due to surging energy costs arising from the Russia-Ukraine war.

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UPDATE: King Sunny Ade Speaks About His Alleged Kidnap In New Video [WATCH]

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Following claims of his alleged “abduction,” Nigerian music legend, King Sunny Ade, has addressed concerns about his whereabouts.

A Nigerian journalist, Olawale Olaleye, had yesterday raised alarm over the disappearance of the music icon.

He further disclosed how a lady identified as Damilola Adeniyi, who claimed to be Sunny Ade’s daughter, had accused the musician’s manager and son, Dayo Adegeye, of “abducting their father and forcing him to work under duress.”

Adeniyi had, in a series of posts on her Instagram handle, accused Dayo, her half-brother, and his siblings, of “using Sunny Ade to get shows which he never attended.”

Reacting to the allegation, Dayo had, in a statement issued on Monday evening, denied the allegation, claiming that “Sunny Ade is safe and in good condition.”

Adegeye reiterated that the musician “was not abducted by anyone,” stressing that his band are working with the family to “put an end to the rumour and protect his reputation.”

Sunny Ade would thereafter appear in a now viral video to confirm his safety and well-being.

As captured in the short video shared on Facebook by Olaleye, the musician was seen singing one of his songs in Yoruba, “ènìyàn laso mi,” before expressing his gratitude to Nigerians for their concern over his whereabouts.

“Glory be to Almighty Father in heaven. I thank God and you my fans all over the world. It’s my children that insisted on seeing me. I thank God within the period I went to relax. I wasn’t kidnapped and also did not run away.

“I have to thank you my fans. Since six to seven hours up till now, the whole world have been calling me out of love.

“This is the beginning. I’m on my way to a show now. I was at a show last Saturday at Lekki. I wonder why people say I’ve been kidnapped. I was never kidnapped.

“To great Nigerians, thank you. Beginning from the President of the great nation Nigeria.” Sunny Ade said in the video.

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Troops Rescue NDLEA Deputy Commander, Five Kidnap Victims In Taraba [PHOTOS]

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The Nigerian Army has announced the rescue of a senior officer from the National Drug Law Enforcement Agency (NDLEA) and five other individuals who had been kidnapped in Taraba State.

The army stated that this rescue operation was conducted in collaboration with other relevant security agencies.

According to Zagazola Makama, a publication focused on counter-insurgency in the Lake Chad region, the rescue followed a distress call received around 11:40 pm on April 27 from Abe Samuel, a youth leader, who reported an attack on a Toyota Hilux vehicle along the Wukari–Kente road.

Troops deployed to the location discovered the abandoned vehicle, identified by registration number FG 117-B03, with a flat tire, but the occupants were missing.

Makama reported that a joint search and rescue operation was immediately initiated, and by 6:00 am on April 28, the troops successfully rescued Musa Hudu, the deputy commander of NDLEA Zone 1, Ibadan, along with five other victims, from a nearby bush.

Makama added that the rescued individuals were unharmed, and initial investigations revealed that they had fled into the bush after three armed men attacked their vehicle and fired at them with a locally made gun.

The victims were safely escorted out of the area and were allowed to continue their journey after their vehicle was repaired.

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Federal Government Plans Five-Month Wage Award Arrears Payment

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The Federal Government has announced its plans to begin the payment of the outstanding “N35,000 wage award arrears” owed to federal civil servants.

This information was disclosed in a statement released by the Office of the Accountant-General of the Federation (OAGF) on Monday in Abuja.

According to a statement signed by the Director of Press and Public Relations, Bawa Mokwa, the outstanding arrears will be paid in instalments, with workers set to receive “N35,000 per month for five months.”

The OAGF clarified that although the “April 2025 salary would be paid separately,” the first part of the wage award arrears would be released immediately after the April salary payment.

“The wage award arrears would not be paid with the April 2025 salary; it will come immediately after the salary is paid,” the statement read.

The Federal Government had previously disbursed wage awards to federal workers for five months as part of efforts to lessen the impact of economic reforms. However, “five months’ arrears remained unpaid.”

The OAGF restated the government’s commitment to fully implementing all policies and agreements related to staff pay and welfare, noting that such efforts were aimed at improving productivity and operational efficiency across ministries, departments, and agencies.

The “N35,000 wage award” was introduced in 2023 as a support measure for workers following the removal of the petrol subsidy and other economic adjustments.

Earlier in January of this year, the Federal Government assured workers that it would clear the arrears of the “N35,000 wage award,” and also stated that the government had resumed the payment of the wage award.

The government also reaffirmed its commitment to addressing issues in the National Minimum Wage agreement reached with the Organised Labour in 2023.

The Minister of Labour and Employment, Nkeiruka Onyejeocha, disclosed the government’s commitment towards implementing agreements with trade unions during separate meetings with the leadership of the Trade Union Congress and Congress of University Academics, in Abuja.

Earlier this month, the Nigeria Labour Congress criticized the Federal Government over the delay in the payment of the minimum wage for certain workers in the federal civil service.

The Federal Government had earlier blamed the delay in payment on the prolonged approval of the “2025 budget.”

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