Drama As Cost of Healthy Diet in Nigeria Rises To All-time High of N1,265

The New Diplomat
Writer

Ad

Global CEOs, Top Diplomats, Ministers, Governors, Industry leaders gather in New York to unlock the Gulf of Guinea’s over $800 billion Energy, Oil & Gas, Minerals, Maritime Opportunities

By Abiola Olawale Following the official opening of the 80th Session of the United Nations General Assembly (UNGA80), New York, USA, high-level delegations from over a dozen countries, including global CEOs, top diplomats, ministers, governors, industry leaders will gather in New York to unlock the Gulf of Guinea’s over $800 billion Energy, Oil & Gas,…

Charted: Populations of China, India, U.S., and Europe (1950–2100)

Key Takeaways India is projected to remain the world’s most populous country through 2100, stabilizing around 1.5 billion people. China’s population is expected to fall by more than half, from 1.4 billion to 0.6 billion. Europe’s population will decline steadily, while the U.S. population grows gradually to 420 million. As global demographics continue to shift,…

Elon Musk drops to second place as AI boom powers Oracle’s Larry Ellison to world’s richest status

By Obinna Uballa Elon Musk has lost his long-held crown as the world’s richest person to Oracle co-founder Larry Ellison, following a record-breaking surge in Ellison’s net worth. According to Bloomberg’s Billionaire Index, Ellison’s fortune jumped by an unprecedented $101 billion on Tuesday night to reach $393 billion, surpassing Musk’s $385 billion. The windfall came…

Ad

By Abiola Olawale

The average cost of a healthy diet in Nigeria has increased astronomically to an all-time high, reaching N1,265 in July 2024, a report released by the National Bureau of Statistics (NBS) has revealed.

The NBS, in this insightful report, revealed that the cost of a healthy diet (CoHD) in July 2024 rose by 1.9% higher compared to the official figure of June 2023, which stood at N1,241.

Further breakdown of the report revealed that the average CoHD was highest in the South West at N1,581 per adult per day, compared to N956 per adult per day in North West.

While reviewing data on the basis of State by state, Ekiti, Ogun, and Osun states recorded the highest cost of a healthy diet in the country at N1,632, N1,612, and N1,611, respectively. On the other hand, Katsina, Adamawa, and Sokoto had the lowest costs, with N884, N914, and N927, respectively.

At the zonal level, the Southwest Zone had the highest average Cost of a Healthy Diet (CoHD), at N1,581 per day, closely followed by the South-South Zone at N1,487 per day. The lowest average CoHD was observed in the Northwest Zone, where it stood at N956 per day.

The report also stated that animal-sourced foods were the most expensive food group in July, accounting for 36 per cent of the total CoHD to provide 13 per cent of the total calories.

The report reads in part: “Fruits and vegetables were the most expensive food groups in terms of price per calorie; they accounted for 10% and 17%, respectively, of total CoHD while providing only 7% and 5% of total calories in the Healthy Diet Basket.

“Legumes, Nuts and Seeds were the least-expensive food group on average, at 7% of the total cost.”

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp