Here's the corrected code:
```
my_menu = {"samosas": 5, "naan": 3, "chicken tikka masala": 12}
for key, value in my_menu.items():
print(f"The price of the {key} is {value}.")
```
The `items()` method is used to iterate over the key-value pairs in the `my_menu` dictionary. The `key` variable represents the name of the menu item, and the `value` variable represents its price. The f-string in the `print()` statement correctly formats the output to display the name and price of each menu item.