Nigerians enjoying positive impact of Tinubu’s economic policies: Sunday Dare
A media aide in the administration of President Bola Tinubu, Sunday Dare, on Friday said Nigerians are now enjoying the positive impacts of the government’s economic policies.
“Tinubunomics continues to impact positively on both the economy and Nigerian citizens,” Mr Dare said in a tweet.
He added, “Price inflation of most food stuff is being reversed. Prices of major foodstuffs are dropping. PMS prices are stabilizing.”
Posting a graphic design titled Tinubunomics, an unverified price of food list, embossed with Mr Tinubu’s photo, Mr Dare said, “Kasuwan dawanau in Kano, North-West is the biggest international grains market in West Africa. Millet, maize, rice, sorghum, and Ginger.
Situated along five major Nigerian borders is back and thriving again.”
Some Nigerians on social media, however, debunked Mr Dare’s claim, lamenting that things were worse under Mr Tinubu.
An X user, @Palermo_seun said, “A crate of egg was sold for 8500 naira but now it is 5500 naira. Things are gradually turning around. More wins for Nigeria.’’
“Of all the things you listed here, which one is below 50k and how much is the minimum wage? No disrespect but you’re disconnected from the common Nigerian, try and come out, and relate with people. Touch the grass outside, and see what people go through daily at least. It’ll help you gain clarity on what to post. Do better and think twice before making some posts,” @echoesofself said.
Less than two years into the Tinubu-led government, naira trades for N1520 against the dollar, a decline from N780 to a dollar Mr Tinubu inherited from his predecessor, Muhammadu Buhari.
In May 2023, when Mr Tinubu assumed office as president, the naira traded for N780 to a dollar. Since Mr Tinubu assumed office announcing fuel subsidy removal and exchange rate unification, the naira has been on free fall, trading for about N1800 to a dollar at some point, while food prices rose.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Health
FG seeks responsible pet ownership, vaccination to prevent human deaths from dog-triggered rabies
The statement noted that the WHO would support Nigeria in rabies investigations and response coordination.
Economy
AHIN @30: NGX chairman seeks stronger collaboration among capital market stakeholders
The NGX Group chairman said Nigeria’s economic ambitions required a capital market capable of mobilising long term funding.
Heading 1
Uba Sani tells northern elite to develop blueprint to tackle region’s problems
Mr Sani decried the maternal and child mortality rates in Northern Nigeria.
Heading 2
Ireland considers EU-Nigeria migration deal to return undocumented migrants
Mr Burke stated that the agreement would remain in force for five years.
Africa
Kenya begins contact tracing after COVID-19 patient dies at Nairobi hospital
Ms Kimambo stressed that the next few days would be critical for authorities.
Africa
DRC records 8,665 Ebola cases, 4,178 deaths as Kenya reports imported case
WHO says the Ebola epidemic in the DRC has reached 8,665 confirmed cases and 4,178 deaths, with transmission slowing in some areas but growing elsewhere.
