FOODSTUFFS ARE NOW CHEAPER - PRESIDENCY DECLARES
The Presidency has accused media organisations of promoting opposition narratives about Nigeria’s economy, insisting that food prices have dropped significantly under President Bola Tinubu. Bayo Onanuga, Special Adviser on Information and Strategy to the President, made the remarks in a post on his official X handle, on Friday. Onanuga urged television presenters to visit markets, claiming that the prices of staple foods, particularly rice, had crashed. His words: “TV anchors keep pushing the opposition’s narrative that nothing has changed, positively, indeed, massively, since 2023. Their position has become so ridiculous that they keep parroting the old narrative, and now they question the NBS data on receding inflation. I will advise them to revisit the markets. Food prices are crashing. “The favourite rice that at a time was selling for N120k a bag has crashed below N50k. In my hometown, a bag now sells for N45K.” The presidential aide also highlighted other economic dev...