General News of Monday, 12 August 2024

Source: www.mynigeria.com

'From 8k to 150k to 60k' - Nigerians bark as Bayo Onanuga says food inflation dropping

The photo used to illustrate the story The photo used to illustrate the story

Reactions have trailed a recent comment by President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga regarding his claims on the prices of food stuff.

This comes after Onanuga in a post responding to a Cable news report stated that the prices of yam, tomatoes and other foodstuffs are drastically reducing.

Posting on X, he wrote: “Food inflation is coming down as prices of yam, tomatoes decline massively.”

According to the report, a big basket of tomatoes in Ketu market is currently selling for about N55,000 to N60,000 — down from an average of N150,000 a few months ago.

He said a large basket of habanero pepper (rodo) is now selling for an average of N25,000, compared to N55,000 at the peak of the price surge.