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Cost Of Healthy Diet Stood At N858 In January -NBS

Published

7 months ago

March 11, 2024

The National Average Cost of a Healthy Diet (CoHD) per adult per day was N858 in January 2024, the National Bureau of Statistics (NBS), has said.
The NBS said this in its CoHD report for January 2024 released in Abuja on Saturday.
The bureau said the CoHD is the least expensive combination of locally available items that meet globally consistent food-based dietary guidelines.
It said 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.”
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 report said in January 2024, the average CoHD was highest in the South-West at N1,045 per adult per day, followed by the South- East at N986 per day.
It said the lowest average CoHD was recorded in the North-West at N683 per adult per day.
The NBS said at the state level, Osun, Ekiti and Ondo recorded the highest CoHD at N1,090, N1,087, and N1,063, respectively.
The report said Katsina and Niger recorded the lowest cost at N629, followed by Kano and Jigawa at N649 and N676, respectively.
The NBS said animal-source foods were the most expensive food group recommendation to meet in January 2024, accounting for 38 per cent of the total CoHD to provide 13 per cent of the total calories.
It said fruits and vegetables were the most expensive food groups in terms of price per calorie.
“They accounted for 12 per cent and 14 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 six per cent of the total cost.”
The report said 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 report said.
The Tide source reports that the CoHD report was unveiled on January 31, 2024, in Abuja.
The report was produced by the NBS in collaboration with the Global Alliance for Improved Nutrition (GAIN), Federal Ministries of Budget and Economic Planning; Health and Social Welfare; and Agriculture and Food Security.
It was technically supported by the Food Prices for Nutrition project, led by the Friedman School of Nutrition Science and Policy at Tufts University, U.S.

News

Nigeria’s Rail Transport Generated N1.69bn In Q2 -NBS report

Published

3 days ago

September 20, 2024

The Tide

The Nigerian rail system generated N1.69billionn in revenue from passengers in the second quarter of 2024, reflecting a 53.14 per cent increase compared to the N1.10billion recorded in the same period of 2023.
This data was disclosed by the National Bureau of Statistics in its report released yesterday.
According to the report, a total of 689,263 passengers travelled by rail in Q2, representing a growth rate of 45.38 per cent compared to 474,117 passengers in the corresponding quarter of 2023.
The volume of goods transported via rail also saw a significant increase, with 143,759 tons moved in Q2 2024, up from 56,936 tons in Q2 2023. Additionally, the Nigerian Railway Corporation reported a volume of 5,940 tons of goods transported through pipelines in Q2 2024, an increase from the 2,856 tons recorded in the same period of the previous year.
Revenue from goods conveyed via rail stood at N537.36m in Q2 2024, a remarkable increase of 206.68 per cent compared to N175.22m in Q2 2023. The movement of goods through pipelines also contributed to revenue generation, with N42.08m collected in Q2 2024, compared to N12.81million in Q2 2023.
Other revenue receipts amounted to N994.68million in Q2 2024, representing a staggering increase of 5,206.68 per cent from the N18.74m recorded in the corresponding period of last year.
In the first quarter, of 2024, The Tide source reported that Nigeria spent more on servicing the debt incurred for building its railways than the revenue generated by its railway system. The country spent 2,470 per cent more on railway debt servicing than it made from revenue from rail services in the first quarter of 2024.

News

NDDC Unveils Initiative To Enhance Food Security In N’Delta

Published

3 days ago

September 20, 2024

The Tide

The Niger Delta Development Commission (NDDC) says it is committed to advancing projects and programmes that enhance food security and sustainable growth in the region.
Chief Monday Igbuya, the Delta State representative on the NDDC Board, made this pledge in a statement issued in Port Harcourt, yesterday by the NDDC’s Director of Corporate Affairs, Mrs Seledi Thompson-Wakama.
Igbuya spoke at the inauguration of a training and empowerment programme for women and youths in livestock and agro processing in Amukpe, Sapele area of Delta.
He stated that the NDDC was prioritising livestock training in line with President Bola Tinubu’s Renewed Hope Agenda.
“NDDC is focussed on implementing programmes to ensure food security and agricultural growth in multi sectors, aiming to improve living standards.
“It is our belief that for socio-economic development to take place, there is need to develop manpower in the agricultural sector,” he said.
Igbuya expressed confidence that training farmers would enhance livestock production, create jobs, and alleviate poverty in the Niger Delta.
Mrs Winifred Madume, NDDC Director of Agriculture and Fisheries, said that training farmers and entrepreneurs was essential for improving productivity and market access.
“The commission has been promoting research and development through various institutions and providing farming techniques to beneficiaries,” she said.
The Project Consultant, Dr Simon Akhaine, said that 200 women and youths had registered for the livestock and agro-business skill acquisition programme.
According to him, the programme aims to equip them with the essential knowledge and skills for self-sufficiency in livestock farming, thereby boosting regional food security.

News

Tinubu Shelves UNGA79 Trip To Address National Challenges

Published

3 days ago

September 20, 2024

The Tide

President Bola Tinubu will not attend the 79th session of the United Nations General Assembly in New York this year.
In his stead, Vice President Kashim Shettima will lead Nigeria’s delegation to the annual summit.
Tinubu “wants to focus on domestic issues and address some of the country’s challenges, especially after the recent devastating flooding,” a statement from the President’s Special Adviser on Information and Strategy, Mr. Bayo Onanuga, revealed yesterday.
The statement is titled ‘Vice President Shettima to Lead Nigeria’s Delegation to the 79th United Nations General Assembly.’
It reads, “President Bola Tinubu will not attend the 79th session of the United Nations General Assembly in New York this year.
“Therefore, the President has directed Vice President Kashim Shettima to lead Nigeria’s delegation.”
Tinubu, who returned to the country last Sunday after his trips to China and the United Kingdom, “wants to focus on domestic issues and address some of the country’s challenges, especially after the recent devastating flooding,” said Onanuga.
At UNGA 79, Vice President Shettima will deliver Nigeria’s national statement to the General Assembly, attend important sideline events, and hold bilateral meetings.
The high-level General Debate, with the theme “Leaving No One Behind: Acting Together for the Advancement of Peace, Sustainable Development, and Human Dignity for Present and Future Generations,” will run from Tuesday, September 24, through Saturday, September 28, 2024.