The Presidency says it is working to reduce the cost of food and medication as economic reforms begin to yield results two years into President Tinubu’s administration.
At a media parley in Lagos, Presidential adviser Bayo Onanuga said the government will launch Medipool, a bulk-buying system to make drugs more affordable. He added that investments in agriculture will help bring down food prices as inflation eases.
Onanuga noted that subsidy removal and naira reforms were tough but necessary, making Nigeria more attractive to investors. “The economy is stabilising. Our stock market is booming and foreign reserves are growing,” he said.
Presidential aide Sunday Dare added, “It’s too early to judge. Real policy impact takes time, but the foundations are being laid.”
