Feb 9 • 01:06 UTC 🇳🇬 Nigeria Punch

Tinubu’s economic reforms yielding results – Group

The Tinubu Media Force reports that economic reforms under President Bola Tinubu are leading to a decrease in food prices across Nigeria.

The Tinubu Media Force has praised the economic reforms implemented by President Bola Tinubu’s administration, noting a significant decrease in food prices across major markets in Nigeria. This statement was made by the group’s National Coordinator, Gbenga Abiola, who emphasized that the reduction of prices for staple items indicates improved supply conditions that are beneficial to the economy at large.

According to Abiola, the easing of food prices reflects the positive impact of the administration's policies related to agriculture and the economy, collectively referred to as the Renewed Hope Agenda. He highlighted specific staples such as rice, various types of pepper, and poultry feed that have seen noticeable price drops. This change in market dynamics is perceived as a sign of stabilizing conditions, which he believes will further benefit consumers across the country.

The announcement comes at a time when economic challenges have affected many Nigerians, and the administration's focus on reforming agriculture and improving the market landscape is crucial for long-term economic sustainability. By addressing food pricing and supply, the Tinubu administration aims to assure citizens of their commitment to enhancing the economic situation, thereby attracting more support for their ongoing reforms.

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