The price of a Wholesome Food regimen (CoHD) in Nigeria has elevated by 32 p.c to N1,041 per grownup per day in Could 2024 from N786 in December 2023, in keeping with the current Value of Wholesome Food regimen report by the Nationwide Bureau of Statistics.
The info revealed that the rise was pushed by elevated costs of starchy staples, legumes, nuts and seeds, and animal-source meals.
The evaluation for the interval between December 2023 and Could 2024 reveals that the price of a nutritious diet additionally elevated by 9.2 p.c month-on-month to N858 in January 2024 from N786 in December 2023. The price of a Wholesome Food regimen elevated by 9.3 p.c to N938 in February and 4.7 p.c to N982 in March.
The upward development continued in April as CoHD grew 5.4 p.c to N1,035 in April and up by 0.6 p.c to N1,041 in Could.
“The nationwide common price of a nutritious diet was N1,041 per grownup per day in Could 2024. The CoHD has been steadily rising over the previous six months, since December 2023,” the report stated.
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“In Could 2024, the CoHD was 32 p.c increased than it was in December 2023 (N786). It was additionally 1.0 p.c increased than the fee in April 2024 (N1,035). The principle drivers of this improve in CoHD are starchy staples, legumes, nuts and seeds, and animal supply meals. Greens and fruits, then again, noticed the smallest improve in worth month-on-month,” it said.
On the state stage, Ebonyi State had the best common CoHD, N1,225 per grownup per day, whereas Kano State had the bottom price, N898.
On the zonal stage, the South East had the best COHD, with N1,189 per day, whereas the North West had the bottom common, with N919 per day. The report famous that animal supply meals have been the most costly meals group suggestion to fulfill in Could, accounting for 36 p.c of the entire CoHD to offer 13 p.c of the entire energy.
“Vegetables and fruit have been the most costly meals teams by way of worth per calorie. They accounted for 11 p.c and 12 p.c, respectively, of whole CoHD, whereas offering solely 7.0 p.c and 5.0 p.c of whole energy within the nutritious diet basket. Legumes, nuts and seeds have been the least-expensive meals group on common, at 7.0 p.c of the entire price,” the report added.