• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, July 3, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

South-East Highest, As Food Prices Soar By 97%

by Leadership News
5 months ago
in Business
The latest ‘Cost of Healthy Diet’ report, produced by the National Bureau of Statistics (NBS) and the Global Alliance for Improved Nutrition, shows that the national average cost of a healthy diet rose by 110.7 per cent to N1,035 per day in April 2024 from N491 per day in the same period of last year. The cost was also 5.4 per cent higher from N982 in March.

The latest ‘Cost of Healthy Diet’ report, produced by the National Bureau of Statistics (NBS) and the Global Alliance for Improved Nutrition, shows that the national average cost of a healthy diet rose by 110.7 per cent to N1,035 per day in April 2024 from N491 per day in the same period of last year. The cost was also 5.4 per cent higher from N982 in March.

Share on WhatsAppShare on FacebookShare on XTelegram

The average price of food in Nigeria rose by an astonishing 97 per cent year-on-year from November 2023 to 2024.

Advertisement

This is according to the latest Selected Food Price Watch for November 2024, published by the National Bureau of Statistics (NBS) on January 17, 2025.

Analysis of the data shows that the average cost of food surged from N1,449.57 in November 2023 to N2,862.14 in November 2024 nationwide.

Month-on-month, food prices also climbed from N2,758.60 in October 2024, representing a 3.75 per cent increase in just one month.

This trend reflects the growing strain on household budgets amidst economic challenges, further exacerbated by inflationary pressures, foreign exchange volatility, and rising logistics costs.

RELATED

JUST-IN: NCAA Suspends All 737 Aircraft In Max Air Fleet

NCAA Names Max Air ‘Most Unresponsive Domestic Airline’ To Passenger Complaints

2 hours ago
Savannah Energy Empowers 100 Students

Savannah Energy Empowers 100 Students

8 hours ago

According to NBS data, “the average price of 1kg beans brown (sold loose) stood at N2,720.96. This indicates a rise of 224.37% in price on a year-on-year basis from N838.85 recorded in November 2023 and a drop –2.77% on a month-on-month basis from N2,798.50 in October 2024. Agric eggs medium size (12 piece) experienced significant price increases year on year by N135.74% from N1,202.18 in November of last year (2023) to N2,833.97 in November 2024. On a month-on-month basis, the average price of this item rose by 6.08% from N 2,671.60 in October 2024. There was also a notable price increase of onion bulb by 174.65% on a year-on-year basis from N683.78 in November 2023 to N1,878.00 in November 2024.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: National Bureau of Statistics (NBS)
SendShareTweetShare
Previous Post

Cardoso Says Remittances To Double As Naira Firms To N1,548/$1

Next Post

DMO To Raise N450bn In FGN Bonds

Leadership News

Leadership News

You May Like

JUST-IN: NCAA Suspends All 737 Aircraft In Max Air Fleet
Business

NCAA Names Max Air ‘Most Unresponsive Domestic Airline’ To Passenger Complaints

2025/07/03
Savannah Energy Empowers 100 Students
Business

Savannah Energy Empowers 100 Students

2025/07/03
BIC Reaffirms Commitment To Youth Empowerment Through Creative Initiatives
Business

BIC Reaffirms Commitment To Youth Empowerment Through Creative Initiatives

2025/07/03
Ecobank Nigeria To Reward  500 Customers
Business

Ecobank Group, Google Cloud Partner To Accelerate Financial Inclusion, Innovation Across Africa

2025/07/03
Don’t Rush Into Businesses You Know Nothing About, Stakeholders Warn Retirees
Business

Businesses Sustain Positive Growth Momentum Despite High Prices

2025/07/03
NLNG Delivers 3 LPG Cargoes To Local Market In December
Business

‘Tech Domestication To Broaden Local Content In Energy Sector’

2025/07/03
Leadership Conference advertisement

LATEST

Senate Probes SMEDAN, NUC Over Alleged Lopsided Recruitments

Troops Arrest 1,191 Terrorists, Rescue 543 Hostages In 3 Months

Remi Tinubu Donates N1bn To Plateau Victims, Seeks End To Violence

2027: Cross River Gov Assures Tinubu of 96% Votes

1XBET Cup 2025: Organisers Pay Courtesy Visit To Lagos Lottery Board

NCAA Names Max Air ‘Most Unresponsive Domestic Airline’ To Passenger Complaints

Wike Defends N39bn Renovation Of Tinubu Conference Centre, Says It Generated N650m In 3 Weeks

Presidency Blasts Buhari-era Appointees For Joining Opposition Coalition

Edo APC Chair Slams ADC Anti-Tinubu Coalition

Police Arraign Dubai-based Nigerian Over Alleged $307,500 Transnational Fraud

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.