June 13, 2024

Nigeria Economic Update (Issue 21)

In its latest report, the National Bureau of Statistics (NBS) indicated that the national average cost of a
healthy diet (CoHD) for April 2024 has risen to N1,035 per day, representing a 5.4% increase from N982
recorded in the previous month. The CoHD represents the least expensive combination of locally available food items that meet the global consistent food-based dietary and nutritional guidelines, indicating that an average Nigerian must spend N1,035 daily to maintain a healthy diet.

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