Prices of food will continue to tumble - Lai Mohammed

Alhaji Lai Mohammed said the Buhari administration was working hard on the economy

- The minister said Nigerians would soon begin to feel the impact

- He applauded them for their patience

  The minister of information and culture, Lai Mohammed has said that as the economy continues to get better, Nigerians will be begin to feel the improvement in their daily lives.

  According to report, the minister said the President Muhammadu Buhari administration continues to make moves to better the lives of Nigerians.

  He noted that the country being out of recession was as a result of the work done by the administration and that prices of food will continue to tumble.
He said: "Gentlemen, I am happy to inform you today that we are winning! Our well-thought-out policy, encapsulated in the Administration’s Economic Recovery and Growth Plan (ERGP), launched on April 5th 2017, is working and the results are beginning to show. In September, we exited recession and returned to the path of growth, after five consecutive quarters of contraction. As we said then, taking Nigeria out of recession did not happen by accident. It was the culmination of months of hard work by the administration and fidelity to its well-articulated economic policies.

“To show that taking Nigeria out of recession was not a fluke, less than two months later, precisely 31st Oct. 2017, Nigerians got another good news: The country has moved up 24 places, to 145th, in the World Bank’s ‘Doing Business’ report. Not only that, for the first time the country is recognized as one of the top 10 most improved economies in the world. This is phenomenal. More importantly, it is the direct result of a well articulated policy by this Administration.

“Gentlemen, we can go on and on in reeling out the good news. But the bottom line is that as things continue to improve, Nigerians will begin to feel the impact in their daily lives. With the ongoing massive infrastructural development, especially in roads, railways and power, Nigerians will begin to get a new lease on life. Food prices will tumble. Businesses will thrive. More jobs will be created.

“This Administration will not relent in its determined effort to usher in a new dawn for Nigeria. We are winning the battle to revive the economy. We are fighting corruption like never before. We are tackling insecurity with a renewed vigour. While the naysayers, who are obviously in the minority, persist in their pastime of acting as a distraction, discerning and well-meaning Nigerians will continue to appreciate and encourage the good work of our Administration.”

Mohammed applauded Nigerians for their patience as he promised things will continue to get better in Nigeria.

He said: “ Let me round off this address by once again commending Nigerians for their perseverance. Reviving the economy was never going to be an easy task. It was bound to bring some hardship to our people in the short term. Through it all, the good people of Nigeria have borne the pains with equanimity, based on their unshakable trust in the sincerity, capability and commitment of President Buhari. Now, the soothing balm is here. As the results of the government’s fidelity to its well-articulated economic policies trickle in, one thing is sure: This time around, it will be long-lasting.”

  Meanwhile, Mohamed spoke on the chances that the All Progressives Congress has against the Peoples Democratic Party in 2019 general elections.

  According to a report, Mohammed who made this known in Lagos state said the APC would retain power because the people were not ready to go back to 'hell'.

He said: “As to whether we are afraid of whether we are afraid of the PDP staging a comeback, I can confidently tell you that we are not even contemplating it.