Rising Prices Push Two-Thirds Of Nigerian Households Into Food Insecurity – NBS Report

Rising Prices Push Two-Thirds Of Nigerian Households Into Food Insecurity – NBS Report

A new survey from the National Bureau of Statistics (NBS) has revealed that nearly two-thirds of Nigerian households are unable to afford healthy and nutritious meals due to financial challenges. The “Nigeria General Household Survey – Panel (GHS-Panel) Wave 5 (2023/2024)” highlights...READ MORE…

the worsening effects of multidimensional poverty and the declining purchasing power as a result of soaring prices of goods and services.

In addition to food insecurity, the survey found that Nigerian households face an average of 6.7 power outages per week, further exacerbating the difficulties faced by families nationwide.

The report on food insecurity notes that “approximately two-thirds of households reported being unable to eat healthy or preferred foods in the past 30 days due to lack of money.” Furthermore, 63.8% of households could only afford a limited variety of food, 62.4% expressed concerns about food scarcity, and 60.5% ate less than they believed was necessary.

The survey also revealed that concerns about food insecurity have significantly increased, with the percentage of households worried about not having enough food rising from 36.9% in Wave 4 to 62.4% in Wave 5.

Regarding access to energy, the survey showed that 82.2% of urban households have electricity, compared to just 40.4% in rural areas. The majority of households in rural areas rely on traditional three-stone stoves for cooking, often using wood as fuel, though the use of liquefied petroleum gas (LPG) is increasing.

The survey also indicated that many households lack proper sanitation facilities, with many relying on informal waste disposal methods such as using bushes or streets. Additionally, 45.6% of households depend on tube wells or boreholes for drinking water.

On asset ownership, the survey revealed a decline since 2018/19, though two-thirds of households own mobile phones, and about 21.3% have internet access. Despite this decline, 70.4% of households own their homes, with rural areas showing higher homeownership rates (80.1%) compared to urban areas (49.1%).

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