Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,035,112 members, 7,442,225 topics. Date: Sunday, 28 May 2023 at 08:11 PM

Nigerians Spent N22.78trn On Imported Food Items In 2019, Says NBS - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigerians Spent N22.78trn On Imported Food Items In 2019, Says NBS (218 Views)

Nigeria’s GDP Grew By 3.11% In Q1 2022, Says NBS / Transport Fare Rises By 35% In 12 Months, Says NBS Report / It Is Less Likely For Buhari To Be Defeated In 2019, Says US Institute Peace (2) (3) (4)

(1) (Reply) (Go Down)

Nigerians Spent N22.78trn On Imported Food Items In 2019, Says NBS by Omooba77: 8:13am On May 11, 2020
Nigerians’ spending on food rose to N22.78 trillion in 2019, up from the N12.77 trillion recorded in 2010 when the survey was last conducted.

A report released on Sunday by the National Bureau of Statistics (NBS) showed that total expenditures of households in Nigeria on food and non-food items for 2019 was N40.21 trillion, up from N21.62 trillion recorded in 2018.

The report showed that out of the total expenditures, food accounted for 56.65% of total household expenditure in the year under review while 43.35% accounted for expenditures on non-food items.

We have enough forex, CBN tells investors
Borrowing: W/Bank, AFDB to approve Nigeria’s request by June – DMO
Food consumed outside the home constituted the largest expenditures followed by transportation costs.



Analysis of the report showed that food consumed outside homes, transport fares, starchy roots, tubers and plantains were responsible for the largest proportion of household expenditures, representing a combined 24.16 percent of total household expenditure in 2019.

The state-by-state analysis showed that Lagos accounted for the largest share of the consumption expenditure at N5.07 trillion.

Some other states’ consumption expenditures on imported food items are Oyo (5.83%), Delta (5.38%), Rivers (4.99%) and Kano State (4.91%) trailed behind Lagos on the consumption index.

https://www.dailytrust.com.ng/nigerians-spent-n22-78trn-on-imported-food-items-in-2019.html/

1 Like

Re: Nigerians Spent N22.78trn On Imported Food Items In 2019, Says NBS by Sunshineg5(m): 8:18am On May 11, 2020
South west governors should look at the 5 trillion in Lagos

5 trillion would go a long way to boost south west economy.

As for Oyo state, most of the vegetable oil imported through Benin republic are heading elsewhere.
Re: Nigerians Spent N22.78trn On Imported Food Items In 2019, Says NBS by Lavisha(f): 8:21am On May 11, 2020
80% of that shitt goes to Govt houses and villas.

A nation which accepts to live a third-class life is just a third-class nation! If a nation wants to be called honourable nation, it must use the option to refuse any kind of policy which is against human dignity! No refuse, no honour! If you don’t refuse a bad government, you deserve it all the way!
Re: Nigerians Spent N22.78trn On Imported Food Items In 2019, Says NBS by Maxymilliano(m): 8:24am On May 11, 2020
Omooba77:
]Nigerians’ spending on food rose to N22.78 trillion in 2019, up from the N12.77 trillion recorded in 2010 when the survey was last conducted.

A report released on Sunday by the National Bureau of Statistics (NBS) showed that total expenditures of households in Nigeria on food and non-food items for 2019 was N40.21 trillion, up from N21.62 trillion recorded in 2018.



Nothing in the report indicated that the food items were imported ...
Re: Nigerians Spent N22.78trn On Imported Food Items In 2019, Says NBS by Davash222(m): 8:29am On May 11, 2020
Sunshineg5:
South west governors should look at the 5 trillion in Lagos
No be una talk say una dey produce food pass for the whole world
Re: Nigerians Spent N22.78trn On Imported Food Items In 2019, Says NBS by Sunshineg5(m): 8:37am On May 11, 2020
Davash222:

No be una talk say una dey produce food pass for the whole world
Bro you are suffering from Hallucinations

I have never had such conversation with you.
Re: Nigerians Spent N22.78trn On Imported Food Items In 2019, Says NBS by Omooba77: 7:07pm On May 11, 2020
Lala we like food too much......

(1) (Reply)

COVID - 19: Osinbajo Led ESC Finalises Economic Sustainability Plan / Governor Abubakar Sani Bello Of Niger State Presides Over The Swearing / Supreme Court Dismisses Appeal By Uzoh And Uba Challenging The Election of Ubah

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2023 Oluwaseun Osewa. All rights reserved. See How To Advertise. 33
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.