Onanuga Reports Drop In Food Inflation, Prices Of Yam And Tomatoes Falling

Onanuga Reports Drop In Food Inflation, Prices Of Yam And Tomatoes Falling

President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, has reported a decline in food inflation, noting significant reductions in the prices of yam, tomatoes, and other foodstuffs…….. CONTINUE READING

Onanuga shared his observations on X, stating: “Food inflation is decreasing as prices for yam and tomatoes drop considerably.”

His comments followed a report indicating a substantial drop in tomato prices. The report highlighted that a large basket of tomatoes in Ketu market now costs between N55,000 and N60,000, down from an average of N150,000 just a few months ago.

Additionally, Onanuga mentioned that the price of a large basket of habanero pepper (rodo) has decreased to around N25,000, a significant drop from the N55,000 peak during the price surge.

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