Cost of healthy diet stood at N1,041 in May–NBS

The National Average Cost of a Healthy Diet (CoHD) per adult a day stood at N1,041 in May 2024, the National Bureau of Statistics (NBS) has said.

The NBS revealed this in its CoHD report for May 2024 released on Friday in Abuja.

Read More: Nigeria’s terms of trade down by 0.12 percentage points in Q1, Nigeria has 40.2m agriculture households – NBS, Forex volatility pushes cooking gas price up by 70%

The bureau said that the CoHD in May increased by one per cent compared to the N1,035 recorded in April.

The NBS said the CoHD was the least expensive combination of locally available items that met globally consistent food-based dietary guidelines.

It said it was used as a measure of physical and economic access to healthy diets.

“This is a lower bound (or floor) of the cost per adult per day excluding the cost of transportation and meal preparation.”

The bureau said that to compute the CoHD indicator, the following data on Retail Food Prices, Food Composition Data, and Healthy Diet Standard were required.

The NBS also said that in May, the average CoHD was highest in the South-West at N1,189 per adult per day, followed by the South-East at N1,190 per day.

It said the lowest average CoHD was recorded in the North-West at N919 per adult per day.

The NBS further said that at the state level Ebonyi, Abia and Anambra recorded the highest CoHD at N1,225, N1,215, and N1,205, respectively.

The bureau said Kano recorded the lowest CoHD at N898, followed by Jigawa at N899, and Yobe and Katsina at N906.

The NBS said CoHD had steadily increased since the first CoHD report by the bureau in October 2023.

“The CoHD in May 2024 is 32 per cent higher than what was recorded in December 2023 at N786 and one per cent higher than CoHD in April 2024, which was N1,035.

“The food groups that have driven the increases in CoHD the most are starchy staples, legumes, nuts and seeds, and animal source foods.

“On the other hand, vegetables and fruits recorded the lowest increase in price on a month-on-month basis.”

The report added that animal-source foods were the most expensive food group recommendation to meet in May, accounting for 36 per cent of the total CoHD to provide 13 per cent of the total calories.

Read More: Petrol price increases by 223% to ₦770/ litre in 12 months — NBS, Food, beverage imports decline by 24 per cent in dollar terms

It noted that fruits and vegetables were the most expensive food groups in terms of price per calorie.

“They accounted for 11 per cent and 12 per cent, respectively, of the total CoHD while providing only seven per cent and five per cent of total calories in the Healthy Diet Basket.

“Legumes, nuts and seeds were the least-expensive food group on average, at seven per cent of the total cost.’’

The report also says that in recent months, the CoHD had risen faster than general inflation and food inflation.

“However, the CoHD and the food Consumer Price Index (CPI) are not directly comparable.

“The CoHD includes fewer items and is measured in Naira per day, while the food CPI is a weighted index.”

The NBS said the policy implications of these results would foster collaboration among a wide range of stakeholders, such as policymakers, researchers and civil society actors that focused on food security.

“These stakeholders will devise strategies that tackle access, availability, and affordability of healthy diet effectively.

“Also future research incorporating income can also be used to determine the proportion and number of the population that are unable to afford a healthy diet,” the report said.

The post Cost of healthy diet stood at N1,041 in May–NBS appeared first on Guardian Nigeria News.

  • Related Posts

    Israeli strikes kill nine in Syria

    Israeli bombardment killed nine people in Syria as troops conducted a raid in the south, the local government and a war monitor said, with the Israeli army saying its forces were responding to fire from militants. The shelling came after an “Israeli incursion”, with “the occupation forces advancing for the first time to this depth”,
    Read More

    Israeli bombardment killed nine people in Syria as troops conducted a raid in the south, the local government and a war monitor said, with the Israeli army saying its forces were responding to fire from militants. The shelling came after an “Israeli incursion”, with “the occupation forces advancing for the first time to this depth”,

    Read More

    ‘We’ve no reason to steal your data,’ MTN replies customers

    The Chief Executive Officer of MTN Ghana, Stephen Blewett, has dismissed accusations that the telecom operator steals customer data, a persistent complaint he says he’s faced in every market during his career, MyJoyOnline, Ghanaian online news portal, reported on Wednesday. His comments come as a wave of similar concerns sweeps through Nigeria, where subscribers are
    Read More

    The Chief Executive Officer of MTN Ghana, Stephen Blewett, has dismissed accusations that the telecom operator steals customer data, a persistent complaint he says he’s faced in every market during his career, MyJoyOnline, Ghanaian online news portal, reported on Wednesday. His comments come as a wave of similar concerns sweeps through Nigeria, where subscribers are

    Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    PROFILE: Meet Ahmadu Kida, NNPC’s new board chairman

    PROFILE: Meet Ahmadu Kida, NNPC’s new board chairman

    Equinix strengthens commitment to Nigeria’s digital economy with New Data Centre Expansion

    Equinix strengthens commitment to Nigeria’s digital economy with New Data Centre Expansion

    Elon Musk’s Neuralink begins global recruitment for research on brain implants 

    Custodian Investment proposes N6.5 billion final dividend as annual profit surges 172%

    Custodian Investment proposes N6.5 billion final dividend as annual profit surges 172%

    Nigeria, Japan partner on Naira-denominated venture capital fund to boost startups 

    South Africa’s PIC invests $40 million in Africa50 for infrastructure development 

    GTCO, Access Holdings, Custodian Investment top stock pick this week

    GTCO, Access Holdings, Custodian Investment top stock pick this week

    Netflix enhances language options on TV to attract global viewers 

    Court jails another convicted airline passenger for 3 months over non-declaration of $30,000 in Lagos 

    CBN denies fake circular introducing N5,000 and N10,000 notes 

    Nigerian Military, Briech UAS unveil Africa’s first indigenous attack drones and bombs 

    Billionaire Bezos’ Amazon makes eleventh-hour bid for TikTok 

    Market Wrap: All-Share ends in the red, slips by 0.12% as UPDCREIT and AFRIPRUD shine 

    Lagos eyes N5 billion in sales at 2025 tourism fair 

    Amazon, OnlyFans founder join race to acquire TikTok as April 5 deadline nears 

    FG reopens Lagos Independence Bridge ahead of schedule, opts for palliative fixes 

    E-FRAUD AND DIGITAL BANKING SECURITY

    Petroleum Minister, Lokpobiri Lauds Caverton as a Leader in Aviation Industry 

    Sterling Bank Leads Protest for Removal of Bank Transfer Charges

    SMEs Tasked with Creativity  to Compete  with Industry Giants

    Leadway Pensure  Highlights Benefits of Additional  Voluntary Contributions

    Empowering Local Communities through CSR

    Addressing SMEs’ Cash Flow Challenges with FinTech Solutions

    FG, Relevant Bodies  Urged to Support Training of Actuarial Scientists

    List of countries facing Trump tariffs from the United States, Nigeria escapes for now

    PalmPay Unveils New Debit Card in Partnership with Verve, Marks Its Evolution into Full-Service Digital Banking 

    FCT minister approves recruitment of 34 resident doctors for seven-year training to boost healthcare

    World Bank approves $1.08 billion loan to Nigeria for education, nutrition, and economic resilience 

    BREAKING: Tribunal dismisses PDP, Asue Ighodalo’s petition against Edo Governor, Monday Okpebholo’s election 

    Nigeria Immigration Service apprehends 51 suspected irregular migrants in Nasarawa State 

    BUA Foods declares Final Dividend of N13.00 per share for registered shareholders 

    Cadbury Nigeria reports N28.3 billion pre-tax loss for 2024 despite 60% revenue growth 

    Oil in 2025 – Is It Still a Worthwhile Trade? Octa Broker Explains 

    Lagos Govt clears illegal structures to reclaim spaces at Under Bridge, Oja Oba, Adeniji Adele in Lagos Island

    Sterling Bank to refund customers charged for transfer fees on April 1 

    Premier League to begin implementation of semi-automated offside technology on April 12