₦airaland Forum

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.

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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/

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.

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!

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 ...

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

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.

Lala we like food too much......