Data Shows Lagos Residents Need N137,000 for Food Monthly
Amid Nigeria’s food inflation crisis, new data by users has shown that it would cost a Lagos resident a little below N5,000 to feed daily.
The data, which was submitted by locals on Numbeo, a platform that allows citizens and residents to provide data about cities and countries, shows that eating rice, milk, eggs and fruits for 31 straight days a month would incur a cost of N137,855.
The metrics stated that the minimum meal for a person who eats rice and other things, including bread, milk, beef, apples, potatoes, and other foods and fruits, in a day stands at N4,446. This is using the western food model.
Users on the platform peg the prices of everyday foods like eggs at N266 per unit and apples at N552 for one.
Numbeo said that anyone who can’t afford the minimum daily recommendation of food lives below the poverty line. “According to our research, if a person has less money for food than our recommendation, he lives below the poverty line,” it said.
The National Bureau of Statistics published in February that Nigeria’s headline inflation rose to 21.91 percent from 21.82 percent in January. The inflation rate between the two months was about 0.09 percent.
“The contributions of items on a class basis to the increase in the headline index are presented, thus: Bread and cereal (21.67%), actual and imputed rent (7.74%), potatoes, yam and other tubers (6.06%), vegetable (5.44%) and meat (4.78%),” the report said.
