Business

Cost of Healthy Diet in Nigeria Soars to N1,241 in June, Marking 19.2% Increase, NBS Reports

The national average cost of a healthy diet in the country increased to N1,241 in June, representing a 19.2 per cent increase compared to N1,041 in the preceding month, the National Bureau of Statistics (NBS) said on Friday.

According to the Cost of Healthy Diet (CoHD) June 2024, released by the statistical agency, diet was highest in the South-west at N1,545 per adult per day, compared to N956 per adult per day in North-west.

The NBS noted further that the CoHD had risen faster than general inflation and food inflation in recent months.

Furthermore, at the state level, Ekiti, Ogun and Osun states recorded the highest cost with N1,640, N1,599, and N1,557 respectively. 

Katsina, Kano and Jigawa accounted for the lowest costs with N878, N926 and N937.

At the zonal level, the average CoHD was highest in the South-west Zone at N1,545 per day, followed by South-south Zone with N1,376 per day. 

The lowest average Cost of a Healthy diet was recorded in the North-west Zone with N956 per day.

However, the CoHD and the food inflation are not directly comparable; the CoHD includes fewer items and is measured in Naira per day, while the food CPI is a weighted index, it clarified.

Essentially, the CoHD is the least expensive combination of locally available items that meets globally consistent food-based dietary guidelines.

It is used as a measure of physical and economic access to healthy diets.

This represents the lower bound, or floor of the cost per adult per day excluding the cost of transportation and meal preparation. 

According to the NBS, the data provides important information about food access, a key aspect of food security, which is useful for government, civil society and development partners, private sector, and researchers.

It stated, “For instance, where the Cost of a Healthy Diet is high, it is possible to identify which least-cost items and food groups are driving the high cost. Stakeholders can identify supply challenges in specific foods or food groups to be addressed, for example with improved production, distribution, or market access.

“The Cost of a Healthy Diet can also inform: the minimum income needed by households to access a healthy diet, and social protection and transfer amounts for vulnerable populations.

“Prioritisation of commodities for agricultural production and trade policy interventions. Targeting interventions, including nutrition education, to populations with the most potential to benefit; nutrition education is only effective when people can afford to comply with the recommendations. 

“Research on the relationship between food access and other food system factors and outcomes. These results can also foster collaboration among a wide range of stakeholders, such as policymakers, researchers and civil society actors that focus on food security, to devise strategies that tackle access, availability, and affordability of healthy diet effectively. 

“Future research incorporating income can also be used to determine the proportion and number of the population that are unable to afford a healthy diet.”

James Emejo

Follow us on:

AriseNews

View Comments

  • O8I__3211__5O39!!!!! GREETINGS GREETINGS GREETINGS!!!!!

    :
    VEHICLES
    BAGS OF RICE
    BALES OF CLOTHES
    VEGITABLES OIL ETC. ALSO THE REPLACEMENT FROM IS OUT NOW,
    THOSE ARE THE VEHICLES LISTED BELOW WITH THEIR PRICEGolf2 #300,000
    Golf 3 #3500,000
    Golf4 #400, 000
    Golf 5 #420,000
    Dyna truck 900k
    Tipper head 6m
    Toyota Camry big daddy=#750,000
    Toyota Camry tiny light=#500,000
    Toyota Venza=#1.4million
    Toyota Matrix=#750,000
    Toyota Avalon=#930,000
    Toyota 4Runner=# 950,000
    Toyota Avensis=#900,000
    Toyota Corolla=#850,000
    Toyota Rav4=#1.1million
    IS250 1m
    Es330 1.6m
    Toyota Highlander=#1.3million
    Toyota Tacoma=#1.5million
    Toyota Prado=#1.2million
    Toyota Yaris=#750,000
    Toyota sienna=#850,000
    Toyota Hilux=#2.5million
    Toyota Tundra=#2.8million
    Spider 1m800k
    Muscle 1m900k
    Mercedes-Benz GLK ₦3.Million
    Benz ML550=2.6million
    Toyota Sequoia #900,000
    Toyota Haice Bus=#1,000,000
    Toyota Camry muscle=#850,000 Toyota picnic=#800,000
    Lexus RX300=#1.2million
    Lexus RX330=#1.4million
    Lexus RX350#=2.1million
    Lexus GX460=#2.4million
    Honda Accord EOD=#450,000
    Honda Baby boy=#500,000
    Honda Civic=#700,000
    Honda Pilot=#750,000
    Honda CR-V=#800,000
    Honda Crosstour=#1m950,000
    BMW X5=#1.2million
    BMW X6=#1.6million
    Infinity FX35 = #1.7million
    Infinity QX45=#1.2million
    Infinity QX4=#950,000
    Nissan Murano=#900,000
    Nissan Pathinder=#950,000
    Nissan Altima=#800,000
    Nissan Maxima=#630,000
    Acura MDX=#1.2million
    Benz ML350=2 million
    Acura ZDX=#1.3million
    Acura TL=#1 million
    Mercedes-Benz C-Class ₦1.3Million
    Mercedes-Benz E-Class ₦1.8Million
    Range rover sport HSE=#3.5million Land rover discovery=#2.3millon
    Land rover freelander=#8.2million
    Gwagon=#7MILLION. E.T.C
    O81-_-_3211_-_-5O39〽.

Recent Posts

Nigerian Government, Labour Sign Agreement on New Minimum Wage of N70,000

NIgeria's federal government and organised labour have signed an agreement on the new minimum wage…

2 hours ago

Israeli Air Strike Kills Senior Hezbollah Commander in Beirut

A significant escalation in the ongoing conflict between Israel and Hezbollah has occurred following an…

2 hours ago

Ayra Starr, Scorpion Kings, Tinariwen to Feature At 2024 CANEX WKND Concert

Africa’s largest gathering of creative industry professionals, CANEX WKND, is taking place from October 16-19,…

2 hours ago

Sri Lankans Vote In Crucial Presidential Election Amid Economic Turmoil

Sri Lankans are casting their votes in a significant presidential election on Saturday, the first…

2 hours ago

Plateau Governor Caleb Mutfwang Denies Defection Rumours, Reaffirms Loyalty to PDP

Governor Caleb Mutfwang of Plateau State has reaffirmed loyalty to the Peoples Democratic Party (PDP),…

2 hours ago

NNPC Renews Investor Talks To Resume $30bn LNG Projects

The Nigerian National Petroleum Company Limited (NNPC) has resumed discussions with investors towards bringing back…

2 hours ago