Fact-Checking Four Claims About Living Costs, Foreign Reserve Under Tinubu On April 8, 2025, an X user, @GoziconC made several claims about President Tinubu’s economic performance since he assumed office as Nigeria’s president in 2023. The post contained Tinubu’s image and the caption, “The price of cooking Gas is crashing. The price of petrol is […]
CLAIM: Nigeria enjoys the lowest cost of living in Africa – Presidency
The administration of President Bola Tinubu has claimed that Nigeria currently has the lowest living costs in Africa.
A statement released by the presidency emphasized that President Bola Tinubu’s is dedicated to addressing economic and security challenges but the government’s reforms may bring immediate pains which are envisioned to usher in prosperity in the medium and long term.
CLAIM: Nigeria is the third cheapest country to live in – Adamu Garba
Controversial Nigerian politician and IT entrepreneur, Adamu Garba II, during an interview stated that Nigeria is ‘one of the cheapest places to live in.’
The interview was on a podcast called MIC ON PODCAST hosted by seasoned TV host, Seun Okinbaloye. Garba II who was a guest on the podcast made this claim while answering Okinbaloye’s question on the current state of Nigeria’s economy and what the government is doing about it.
