By Jemimah Wellington, JKNewsMedia Reporter
PRESIDENT BOLA Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, announced a significant decline in food prices.
Onanuga pointed to a noticeable reduction in the costs of yam and tomatoes, reflecting a positive trend in food inflation.
He shared the information on X, highlighting that food inflation is decreasing as the prices of key staples drop.
He referenced a report that revealed a big basket of tomatoes at Ketu market now sells for about N55,000 to N60,000.
This is a sharp fall from the previous price of around N150,000 just a few months ago.
In addition, he mentioned that a large basket of habanero pepper, known as rodo, currently sells for an average of N25,000. This is a considerable decrease from the peak price of N55,000.
