Significant Rise in Healthy Food Costs in Nigeria as of June 2024

Thursday, 8 August 2024, 17:50
In June 2024, the cost of a healthy diet in Nigeria soared by 19.2%, reaching N1,241, up from N1,041 in May. This dramatic increase was reported by the National Bureau, highlighting the growing financial pressure on households. The rise in food prices raises concerns about food security and nutritional adequacy in the country. Policymakers and stakeholders must address these challenges to ensure access to healthy food for all Nigerians.
LivaRava Finance Meta Image
Significant Rise in Healthy Food Costs in Nigeria as of June 2024

Increase in Healthy Food Prices

The cost of a healthy diet in Nigeria has seen a significant rise.

Monthly Comparison

  • June 2024: N1,241
  • May 2024: N1,041

Implications for Households

This increase of 19.2% month-on-month puts additional financial strain on families.

Call to Action

It is imperative for policymakers to investigate the factors leading to this rise and take steps to mitigate its impact.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Related posts

Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe