February 22, 2024
NBS Launches New Indicator To Assess Food Affordability
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NBS Launches New Indicator To Assess Food Affordability

The National Bureau of Statistics (NBS) has launched a new indicator named “Cost of a Healthy Diet” (CoHD) to evaluate the affordability of healthy diets across Nigeria.

In a statement yesterday, Nigeria’s Statistician-General, Adeyemi Adeniran, said the indicator was produced in collaboration with partners such as the Global Alliance for Improved Nutrition (GAIN), the Federal Ministry of Budget and Economic Planning, the Federal Ministry of Health and Social Welfare, and the Federal Ministry of Agriculture and Food Security.

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Mr. Adeniran said the CoHD serves as a crucial metric, representing the minimum cost of locally available items required to meet globally consistent food-based dietary guidelines.

He also said It acts as a measure of both physical and economic access to healthy diets, establishing a lower boundary for the cost per adult per day, excluding transportation and meal preparation expenses.

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