Latest stories tagged “food prices”
According to FAO Economist Monica Tothova, the ongoing energy crisis linked to the conflict in the Middle East has not yet impacted global food prices due to existing agricultural reserves. Despite worries regarding energy costs, fertilizer prices, and freight disruptions, the global food commodity market remains stable for the time being.
The National Bureau of Statistics (NBS) reported that the national average Cost of a Healthy Diet (CoHD) increased by 3.12 percent month-on-month in April 2026, reaching N1,589 per adult per day, up from N1,541 in March 2026. This information was disclosed in the CoHD Report released by the NBS.
According to The Citizen, Africa may experience economic impacts from El Nino, particularly in agriculture, which is a vital sector for many countries. The phenomenon could lead to reduced harvests and increased food prices, affecting consumers financially.
According to FAO Economist Monica Tothova, the ongoing energy crisis linked to the conflict in the Middle East has not yet impacted global food prices due to existing agricultural reserves. Despite worries regarding energy costs, fertilizer prices, and freight disruptions, the global food commodity market remains stable for the time being.
The National Bureau of Statistics (NBS) reported that the national average Cost of a Healthy Diet (CoHD) increased by 3.12 percent month-on-month in April 2026, reaching N1,589 per adult per day, up from N1,541 in March 2026. This information was disclosed in the CoHD Report released by the NBS.