Food Affordability, Food Prices

Food Affordability, Food Prices

Report ranks Nigeria 2nd poorest in food affordability - Punch Newspapers

The most widely read newspaper in Nigeria

8/5/2021 9:21:00 AM

Report ranks Nigeria 2nd poorest in food affordability - Punch Newspapers

The most widely read newspaper in Nigeria

5 August 2021A new report by the Institute of Development Studies, a UK-based think tank, has placed Nigeria as the second poorest country in the world in terms of food affordability.The report, which was compiled through a publicly available global cost-of-living database, Numbeo, was used in creating a ‘cost of food basics’ analysis that compares the monthly minimum recommended spend on food per adult and monthly average wage in 107 countries across the world.

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The minimum recommended amount of food is based on 12-14 basic items that together would account for 2,100 calories per adult per day which is the level recommended by the World Health Organisation for energy needs.The Cost of Food Basics found that, more than one year since the outbreak of COVID-19, there is vast disparity between countries in terms of the proportion of average wages needed to afford enough food.

The top 10 countries where basic food is least affordable in are Syria, Nigeria, Ethiopia, Philippines, Sri Lanka, Ghana, Indonesia, Algeria, Iran and Uzbekistan.Basic food is least affordable in Syria, where the minimum recommended monthly spend would account for 177 per cent of average wage income per adult, followed by Nigeria where 101 per cent of the average wage is spent on food.

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This people's incompetence is nauseating. Have they ever excelled in anything apart from corruption and iberibesim. Is it today we have being talking about cost of living? Farmers are been killed on their farm and food items are not coming into the country, the reason for high cost of food in the market

APC government does not have solution to alleviate food shortages and starvation in Nigeria. APC sponsor of terrorists who destroy farms and prevent farmers safe access to their farms for the last 5 years is responsible. KeepitOn _SirWilliam_ you were on this issue just last week. Adewale09579970 Who dey lead us?

I know buhari will represent us well in every thing bad Dontee___ Not ravaged by wars yet we are second poorest in food! A shame In 21st century buhari makes a fossil minister of Agriculture, what tf do you expect? What happened to the Gucci rice in Kano, and the 30naira rice this minister said was in Kano🙄

The best thing that happened to Nigeria is buhari, a messiah we stand! Sai baba till when ever!!!! By the time Buhari leave office many Northerners will depend on their cousins from Chad,Niger Republic for food.

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