Under the leadership of the Tinubu government, the FG announced a sharp drop in food prices.
Nigeria News Nalin The Nigerian government said its economic policies are reducing the cost of basic commodities.
President Bola Tinubu’s media adviser dared to share the update on social media on Sunday.
According to Dare, prices for key foods and fuels fell.
He reports that the fuel is now selling for N940 instead of N1,220.
Corn dropped from N120,000 to 70,000, while onions dropped from N220,000 to N60,000.
The rice is now priced at N90,000 instead of N110,000, and the tomatoes are down from N120,000 to N60,000. Xiaomi also reduced N95,000 n70,000.
He also noted that the Naira is growing its strength, with the exchange rate rising from 1,675 ntion per dollar to N1,540.
Dare, who described the situation in Kasuwan Dawanau, the main cereal market in Kano, said business activity has risen again.
He said “Tinubunomics continues to have a positive impact on the economy and Nigerian citizens. Price inflation for most foods is reversing. Prices of major foods are falling. PMS prices are stabilizing.
“Kasuwan Dawanau in Northwest Kano is the largest international cereal market in West Africa. Millet, corn, rice, sorghum and ginger.
“Backed back along the 5 major Nigerian borders and flourished again.” Dare to add.
