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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!
Once again, Ramadan Mubarak to the Muslim Ummah. May Almighty God hear and answer your salat for Nigeria, and may we all continue to enjoy peace, progress and prosperity under President Bola Ahmed Tinubu’s able Continue Reading
