• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, July 27, 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
6 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

Eterna Plc Reports Strong FY 2024 Performance

Eterna Plc Reports Strong FY 2024 Performance

23 minutes ago
Shettima To Represent Nigeria At 2nd UN Food Systems Summit In Addis Ababa

Shettima To Represent Nigeria At 2nd UN Food Systems Summit In Addis Ababa

9 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




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

Eterna Plc Reports Strong FY 2024 Performance
Business

Eterna Plc Reports Strong FY 2024 Performance

2025/07/27
Shettima To Represent Nigeria At 2nd UN Food Systems Summit In Addis Ababa
Business

Shettima To Represent Nigeria At 2nd UN Food Systems Summit In Addis Ababa

2025/07/27
ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential
Business

ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential

2025/07/27
Caverton Champions Sustainable Marine Mobility With Award-winning Research
Business

Caverton Champions Sustainable Marine Mobility With Award-winning Research

2025/07/27
CORBON Inducts 420 Registered Builders, Announces Competition
Business

CORBON To Register, Train Additional Cadres Of Building Artisans

2025/07/27
Nigerians In Diaspora Invest $90bn In Economy – Commission
Business

FirstBank, NiDCOM’s New Platform Targets Safer Homeownership For Nigerians Overseas

2025/07/27
Leadership Conference advertisement

LATEST

Eterna Plc Reports Strong FY 2024 Performance

Mission X: NFF Plans Motorcade Welcome For Super Falcons In Abuja

Iyere Lauds Olawande As ‘Best Youth Minister’, Hails His Commitment To Empowerments

Residents Jubilate Over Killing Of 3 Notorious Bandits In Sokoto

WAFCON: ‘You’ve Made Us Proud’, Jonathan Celebrates Super Falcons

Gov Sani Donates Vehicles To Federal Varsity Kachia

Falcons’ Victory: Nigeria Coming Back On Global Stage, Says Olawepo-Hashim

Court Remands TikToker, 1 Other Over Alleged Libel Against Late Mohbad’s Wife

JUST-IN: Gunmen Abduct 6 Law School Students In Benue

Bandits Kill 38 Kidnap Victims In Zamfara

© 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.