A new survey by the National Bureau of Statistics (NBS) has revealed that two-thirds of Nigerian households cannot afford healthy and nutritious meals due to financial challenges. The survey, titled “Nigeria General Household Survey – Panel Wave 5 (2023/2024),” highlights the severe impact of multidimensional poverty and rising prices on the purchasing power of Nigerians.
The report indicates that 63.8% of households could only eat limited food types, while 62.4% expressed worry about running out of food. The findings also show a significant increase in food insecurity, with those concerned about insufficient food rising from 36.9% in the previous survey to 62.4%.
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On energy access, the survey found that 82.2% of urban households have electricity compared to just 40.4% in rural areas. Additionally, households reported experiencing an average of 6.7 power blackouts weekly, reflecting ongoing energy challenges.
The survey underscores the growing struggle of Nigerian households to meet basic needs amidst worsening economic conditions and inflation.
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