President Bola Tinubu on Friday declared that food prices in Nigeria are now on a downward trend, offering relief to Muslims fasting during Ramadan. However, his remarks come amid widespread economic hardship and soaring inflation under his administration.
Despite public frustration over rising costs, Tinubu insisted that his economic policies—including the removal of fuel subsidies and naira devaluation—were beginning to yield results. He pointed to an improvement in Nigeria’s Gross Domestic Product (GDP) and claimed that essential food items were becoming more affordable.
“The once-soaring prices of essential food items are now trending downward, providing much-needed relief to our fasting population and all Nigerians,” Tinubu stated.
In his Ramadan message, the president urged Muslims to embrace self-discipline and generosity, while reaffirming his government’s commitment to food security. He assured Nigerians that plans were in place to boost agricultural productivity as the wet season approaches.
However, many Nigerians counter Tinubu’s claims, arguing that the reality on the ground tells a different story. Prices of staple foods like rice, garri, and beans continue to rise, while the naira’s depreciation has worsened inflation. With hunger and malnutrition on the rise, many families struggle to afford daily meals, raising concerns about the government’s response to the crisis.
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