Minister Wale Edun says price of rice drops to ₦80,000 from ₦120,000, hails president Tinubu’s policies

 

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that President Bola Tinubu’s economic policies have placed the nation “firmly on the right path,” highlighting a drop in the price of rice from ₦120,000 to ₦80,000 per bag.

Edun added that prices of other essential food items such as garri, pepper, and tomatoes have also seen a decline.

The statement was contained in a write-up titled “Nigeria Turns Towards Prosperity”, authored by the Special Adviser on Information and Strategy to the President, Bayo Onanuga, and shared by the Finance Minister.

Despite the noted progress, the publication acknowledged that Nigerians are still grappling with “tough realities” as the country works toward economic stability.