Cost of healthy diet in Nigeria up N982 in March

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The NBS said this is 4.7 per cent higher than the amount recorded in the previous month

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The bureau said in March 2024, the average CoHD was highest in the South-west at N1,198 per adult per day, compared to N787 per adult per day in the North-west. “Lastly, at the Zonal level, the average CoHD was highest in the South West Zone at N1198 per day, followed by the South East Zone with N1140 per day. The lowest average Cost of a Healthy diet was recorded in the North-west Zone with N787 per day,” NBS said.At Premium Times, we firmly believe in the importance of high-quality journalism.

It said fruits and vegetables were the most expensive food groups in terms of price per calorie; they accounted for 12 per cent and 14 per cent, respectively, of total CoHD while providing only 7 per cent and 5 per cent of total calories in the Healthy Diet Basket. Nigeria’s annual inflation rate rose to 33.20 per cent in March from 31.70 per cent in February, the National

“CoHD has steadily increased since the first CoHD report by NBS . The CoHD in March 2024 is 40 per cent higher than in October 2023 and 5 per cent higher than the CoHD in February 2024, which was N938. It said while there were similarities in the least-cost item in March , the cost per food was different in these locations because of underlying price differences.

Stakeholders can identify supply challenges in specific foods or food groups to be addressed, for example with improved production, distribution, or market access.

 

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