The President Tinubu administration’s economic policies, widely referred to as “Tinubunomics,” are positively impacting Nigeria’s economy.
According to the Special Adviser to President Bola Ahmed Tinubu on Media and Public Communications, Sunday Dare, there are reversals in food inflation, and stabilization of essential commodity prices.
Speaking on February 14, 2025, Dare highlighted improvements in food supply and affordability, particularly at major markets across the country.
He noted that the prices of key foodstuffs such as millet, maize, rice, sorghum, and ginger have begun to decline after months of inflationary pressure.
According to Dare, a significant indicator of this economic recovery, is the resurgence of Kasuwan Dawanau, the largest international grains market in West Africa, located in Kano State, North West Nigeria.
“The market, strategically situated along five major Nigerian borders, is back and thriving again,” he stated.
Dare also pointed out that the price of Premium Motor Spirit (PMS) has stabilized, contributing to a more predictable economic environment.
He credited President Tinubu’s economic policies and intervention measures for restoring confidence in the market and gradually reducing the cost of living for Nigerians.
