President Bola Tinubu’s Particular Adviser on Data and Technique, Bayo Onanuga, has posited that meals inflation is declining.
Onanuga acknowledged that the costs of yam, tomatoes and different foodstuffs are drastically lowering.
Posting on X, he wrote: “Meals inflation is coming down as costs of yam, tomatoes decline massively.”
He was reacting to a report that the value of a basket of tomatoes has dropped.
The report stated an enormous basket of tomatoes in Ketu market is at present promoting for about N55,000 to N60,000 — down from a median of N150,000 just a few months in the past.
He stated a big basket of habanero pepper (rodo) is now promoting for a median of N25,000, in comparison with N55,000 on the peak of the value surge.