Nigeria’s cost of living hits new low under Tinubu’s administration – Onanuga
Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, has claimed that the cost of living in Nigeria is declining.
Referencing a statement by Katsina State Governor, Dikko Radda, who noted that food prices have dropped significantly compared to last year, Onanuga described the governor’s remarks as evidence that economic conditions are improving under Tinubu’s leadership.
“Governor Radda of Katsina says the price of rice has fallen drastically in his state—a testament that the cost of living is decreasing under President Tinubu’s watch,” Onanuga wrote on his X account.
According to reports, Governor Radda had stated that the prices of essential food items, such as rice and maize, have seen a sharp decline compared to last year.
He attributed the price reduction to increased support for farmers at both state and federal levels, as well as President Tinubu’s efforts in tackling insecurity across the country, particularly in the Northwest.
The governor made these remarks during an interview with Arise News, he said: “The first meeting we had after our inauguration, we visited Mr. President and told Mr. President that we need support in terms of tackling insecurity in the Northwest as well as we need support in how to improve productivity in agriculture.
“And we are glad with Mr. President for the establishment of the livestock ministry as well as the support he has been giving to the Ministry of Agriculture and that collaboration within us will definitely enhance productivity and it has clearly demonstrated that in the last farming season, we have witnessed an improvement in terms of cultivation of our lands. Our farmers, about 95% of our lands in Katsina Sate were cultivated, and food was produced.
“And I’m happy to say that food prices have drastically reduced, last year by this time, we are buying about a bag of maize about 100,000, today the bag of Rice is about 50,000 to 54000 in Katsina State, and that has really helped.
“That became possible because of the support we have given the farmers.
“I think in terms of security, the collaboration between the state government and the federal government was very strong. I must say we are happy with the contribution and the support the President has been giving to sub-nationals in terms of addressing the security challenges in our country.”
