Former presidential aide, Reno Omokri, has stated that this is the first Ramadan in Nigeria’s history where food and fuel prices have dropped.
Omokri made this statement on Sunday via his X handle, highlighting key economic improvements under President Bola Tinubu’s administration.
According to him, food prices have dropped across the country, with some areas experiencing a drastic reduction, while others have seen marginal decreases.
He further emphasisd that there are no fuel queues or scarcity, and Nigeria has begun exporting refined petroleum products to Europe, the Middle East, and Africa.
Omokri also praised the Naira’s performance, stating that it has become one of the best-performing currencies in 2025, reaching an eight-month high of N1458 to $1.
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He attributed this to the #GrowNairaBuyNaija initiative, urging Nigerians to support local businesses by choosing Glo over MTN and Dangote fuel over imported petrol.
He wrote, “This is the first Ramadan season in the history of Nigeria where the following things are occurring simultaneously:
“Firstly, food prices have dropped. In some places, they have even dropped drastically. In others, they have reduced marginally. Elsewhere, they have gone down slightly. But the fact is that everywhere you are in Nigeria, food has become more affordable this Ramadan compared to previous Ramadans.
“Secondly, fuel prices have not just reduced, they have actually crashed. Petrol refined in Nigeria now costs between ₦825 and ₦865 and is less expensive than imported fuel. Plus, there are no fuel queues or petrol scarcity, and Nigeria is exporting refined petroleum products to Europe, the Middle East, and Africa.
“Thirdly, the Naira has gained so much value that it has just been named one of the best-performing currencies so far in 2025, when it hit an eight-month high of ₦1458 to $1. This occurred because of #GrowNairaBuyNaija. The more you continue using Glo over MTN and Dangote fuel over imported petrol, the more you will help President Bola Tinubu fulfil his promise to make Nigeria a $1 trillion economy by the end of his tenure.
“Fourth and finally, the National Assembly passed the ₦54.99 Trillion 2025 Appropriation Bill, which President Bola Tinubu signed into law.
“This means that the reforms saw Nigeria’s GDP grow by 3.84% for the full year 2024 and will empower it to deliver even more significant economic dividends in 2025.
“What a time to be a Nigerian citizen! .
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