Mr Gbajabiamila said the government and the unions were all working for the good of the country and its citizens.
“On this solemn yet hopeful day, let us commend our founding fathers and mothers. Without them, there would be no modern Nigeria,” Mr Tinubu’s speech partly read.
The currency value has sunk to critical depths for those trying to access it at the parallel market, where most foreign exchange transactions are conducted in Nigeria.
According to the report, the figure of 1.72 per cent is higher than the 24.08 per cent recorded in July 2023.
The NBS said on a month-on-month basis, the core inflation rate was 2.11 per cent in July 2023.
“Look at the economy, look at petrol, prices are going up higher and higher; no, it takes you to wake up, and with faith in God, we can do something.”
A market survey by Peoples Gazette on Thursday showed that in three weeks, Nigerians now purchase a mudu of corn at N800
According to him, this is to support less privileged individuals in society currently facing hardships.
On a year-on-year basis, the headline inflation rate in June was 4.19 per cent higher than the rate recorded in June 2022 at 18.6 per cent.
Economists have urged President Bola Tinubu’s government to adopt innovative policies to boost domestic production.
