Health

Inflation: Cost Of Living Jumps By 19% In One Month – NBS

Published

2 years ago

August 9, 2024

Charles Flames

375 Views

The National Average Cost of a Healthy Diet increased to ₦1,241 in June 2024.

This was revealed by the Nigerian Bureau of Statistics (NBS) in its latest edition of the ‘Cost Of Healthy Diet’ report for June.

According to the report, the increase is 19.2 per cent higher than the amount recorded in the previous month (May 2024, was ₦1,041).

The Cost of a Healthy Diet (CoHD) is the least expensive combination of locally available items that meet globally consistent food-based dietary guidelines. It is 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.

Inflation rose to 34.19 per cent in June, an increase of 0.24 per cent from the points when compared to the inflation figure for May 2024 released by the NBS.

In June 2024, the average CoHD was highest in the South West at ₦1,545 per adult per day, compared to ₦956 per adult per day in North West.

In recent months, the CoHD has risen faster than general inflation and food inflation.

At the State level Ekiti, Ogun and Osun States recorded the highest cost with ₦1,640, ₦1,599, and ₦1,557 respectively.

Katsina, Kano and Jigawa accounted for the lowest costs with ₦878, ₦926 and ₦937.

At the Zonal level, the average CoHD was highest in the South West Zone at ₦1,545 per day, followed by the South-South Zone with ₦1,376 per day.

The lowest average Cost of a Healthy diet was recorded in North West Zone with ₦956 per day.

Animal source foods were the most expensive food group recommendation to meet in June, accounting for 35 per cent of the total CoHD to provide 13 per cent of the total calories.

Fruits and vegetables were the most expensive food groups in terms of price per calorie; they accounted for 11 per cent and 17 per cent, respectively, of total CoHD while providing only 7 per cent and 5 per cent of total calories in the Healthy Diet Basket. Legumes, Nuts and Seeds were the least-expensive food group on average, at 7 per cent of the total cost.

The CoHD has been steadily rising over the past six months, since January 2024.

In June 2024, the average CoHD was highest in the South West at ₦1,545 per adult per day, compared to ₦956 per adult per day in North West.

It was also 19 per cent higher than the cost in May 2024 (₦1,041).

The main drivers of this increase in CoHD are vegetables, legumes, nuts and seeds, and starchy staples.

Related Topics:Cost of living Featured Inflation NBS Nigeria

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Health

National Data Repository Index Numbers of patients currently on treatment for HIV in Nigeria as at May 13, 2026

Published

2 days ago

May 14, 2026

Charles Flames

55 Views

Benue: 195,305

⁠Akwa Ibom: 158,201
⁠Lagos: 135,918
⁠Rivers: 90,055
⁠Nasarawa: 65,996
⁠FCT: 62,627
⁠Kaduna: 58,576
⁠Cross River: 57,765
⁠Enugu: 55,478
⁠Delta: 52,475
⁠Taraba: 51,840
⁠Abia: 50,038
⁠Imo: 47,863
⁠Plateau: 46,618
⁠Anambra: 46,602
⁠Adamawa: 42,074
⁠Kano: 41,093
⁠Kogi: 37,301
⁠Oyo: 33,133
⁠Niger: 33,057
⁠Ogun: 31,822
⁠Bauchi: 29,745
⁠Edo: 29,256
⁠Gombe: 28,037
⁠Osun: 25,018
⁠Borno: 24,527
⁠Ondo: 22,455
⁠Kebbi: 20,803
⁠Bayelsa: 19,549
⁠Katsina: 18,682
⁠Ebonyi: 15,474
⁠Kwara: 14,997
⁠Jigawa: 14,302
⁠Zamfara: 13,813
⁠Ekiti: 12,356
⁠Yobe: 10,716
⁠Sokoto: 10,511 Total: 1.70m

Health

FG to Launch Mega Agro-Industrial Livestock HUB in Abuja

Published

5 days ago

May 12, 2026

Charles Flames

61 Views

The Federal Government has reaffirmed its commitment to the establishment of an Agro-Industrial Business Hub and Mega Livestock Processing Facility in the Federal Capital Territory, Abuja.

The Minister of Livestock Development, Idi Mukhtar Maiha, gave the assurance during a high-level strategic meeting involving the Federal Ministry of Livestock Development, ABIS Group and the Livestock Productivity and Resilience Support Project (LPRES) in Abuja.

The Minister stated that the Ministry would work closely with ABIS Group, LPRES and other stakeholders to ensure the smooth take-off and successful implementation of the project. He explained that the engagement followed Nigeria’s participation in an international training programme on pastoral market access and inclusive contracting models held in Addis Ababa, Ethiopia.

According to the Minister, the training, organised under the auspices of the African Union Interafrican Bureau for Animal Resources and the African Pastoral Market Development Platform, provided valuable insights into strengthening livestock value chains, improving market systems and promoting quality assurance mechanisms across Africa.

Leader of the ABIS delegation, Ambassador Emmanuel Usman, commended the Ministry for facilitating the group’s participation in the training programme, which brought together delegates from Somalia, Botswana, Ethiopia and Kenya.

Also speaking, LPRES National Coordinator, Sanusi Abubakar, appreciated the Minister for supporting collaboration and inclusiveness in the livestock sector.

The General Manager of ABIS Group, Mr. Kujo Reigans, highlighted key lessons from the training, including the need for a unified quality assurance system, structured outgrower schemes and improved access to funding opportunities through the Development Bank of Nigeria.

He stated that these measures would enhance efficiency, traceability and competitiveness within Nigeria’s livestock industry.

The ABIS team also raised concerns over visa bottlenecks affecting expatriates working on the Abuja Mega Livestock Processing Facility project, calling for streamlined visa processes to ease project implementation and support the timely delivery of the agro-industrial hub in the FCT.

Health

Pharmacists body urges FG to establish presidential committee for sector

The association noted that local drug production currently accounts for just over 38 percent of national demand, far below the 70 percent target set in the National Drug Policy 2021.

Published

3 weeks ago

April 23, 2026

OCHEFA

103 Views

The Association of Community Pharmacists of Nigeria (ACPN) urges the Federal Government to establish a presidential committee dedicated to the pharmaceutical sector, implementing the National Drug Distribution Guidelines, and strengthening existing laws against fake drugs.

ACPN made the call while reacting to the government’s recent ban on imported drugs, describing the move as a strategic step toward strengthening local pharmaceutical manufacturing and conserving foreign exchange.

In a statement jointly signed by its National Chairman, Ambrose Ezeh and National Secretary, Omokhafe Ashore, the association said the updated prohibition schedule covering drugs under HS Codes 3003.10.00.00 through 3004.90.00 signals renewed commitment to protecting domestic industry players.

The ACPN specifically highlighted the ban on the importation of commonly used medicines such as paracetamol tablets and syrups, metronidazole, clotrimazole, chloroquine, multivitamins, aspirin and folic acid, as well as topical preparations like penicillin and gentamycin ointments.

It described the development as a “step in the right direction” that would boost investor confidence in Nigeria’s pharmaceutical sector.

The association noted that local drug production currently accounts for just over 38 percent of national demand, far below the 70 percent target set in the National Drug Policy 2021.

It attributed this gap partly to continued dependence on imports, especially from China and India, which it said accounts for about 65 per cent of drug supply in the country.

It also urged reforms in pharmaceutical education and training to expand the pool of skilled professionals across industry, clinical, hospital and community practice.