Sunday Dare, the special adviser to President Bola Tinubu on media and public communication has said that the economic policies adopted and implemented by the present administration are having positive impact on Nigerians.
In a post made on X, Dare said the price inflation experienced on most foodstuffs in the market has been reversed.
Highlighting some items with an illustration, Dare said the price of fuel has dropped from N1,220 to N940 while maize has dropped from N120,000 to N70,000.
In addition, the former minister said onions dropped from N220,000 a bag to N60,000; Rice from N110,000 to N90,000; tomatoes from N120,000 to N60,000 and millet witnessed a drop from N95,000 to N70,000.
Subsequently, the presidential spokesperson boasted that the exchange rate also witnessed an unprecedented stability.
He said the dollar-to-naira rate which was N1,675 is now at N1,540.
He said, “Tinubunomics continues to impact positively on both the economy and Nigerian citizens. Price inflation of most food stuff is being reversed. Prices of major foodstuffs are dropping. PMS prices are stabilizing.
“Kasuwan dawanau in Kano, North West is the biggest international grains market in West Africa. Millet, maize, rice, sorghum, and Ginger.
“Situated along 5 major Nigerian borders is back and thriving again,” Dare added.
