Cost Of Living Increases By 19% In 1 Month

The National Average Cost of a Healthy Diet surged to N1,241, according to the latest report from the Nigerian Bureau of Statistics (NBS).

This figure represents a 19.2% increase in June from the N1,041 recorded in May 2024.

The Cost of a Healthy Diet (CoHD) is calculated based on the least expensive combination of locally available foods that meet global dietary guidelines.

It provided a measure of both physical and economic access to healthy diets, excluding transportation and meal preparation costs.