The Traffic

Nationwide Food Price Drop — A Testament to President Bola Ahmed Tinubu’s Economic Impact

The recent significant drop in food prices across Nigeria stands as clear evidence of President Bola Ahmed Tinubu’s ongoing economic reforms and commitment to improving the living standards of Nigerians.

Under his administration, the prices of major staples such as maize, rice, beans, onions, tomatoes, and palm oil have dropped by 40% to over 55 % This development signals a direct result of focused government actions to stabilize the economy, strengthen agriculture, and enhance food supply chains nationwide.

 • Improved Affordability: Millions of Nigerians can now access food at lower prices, reducing hunger and promoting better nutrition.
 • Increased Agricultural Output: The fall in prices reflects better harvests, improved logistics, and greater support for local farmers.
 • Reduced Inflation Pressure: Food inflation, a key driver of the cost of living, is slowing down, easing financial strain on households.
 • Enhanced Purchasing Power: As essential commodities become more affordable, citizens have more disposable income for other basic needs.

✅ Major staples show 45–52% price reduction nationwide
✅ Stable food supply and improved local production
✅ Strengthened market confidence and economic stability
✅ Tangible results of government-backed agricultural policies

According to Mr. Sunday Dare, Special Adviser to President Tinubu on Media and Public Communications, “ the drop in food prices is more than just a market adjustment — it is proof that the economic direction under President Bola Ahmed Tinubu is yielding measurable results. The reforms are restoring stability, boosting local productivity, and putting Nigeria firmly on the path to sustainable growth and prosperity”.