(3minutes read)
· Inflation is rising around the world making food and
essential items beyond the reach of the common man
· That is felt more severely in Nigeria, where mothers are complaining how they are finding difficulties in buying eggs, vegetables and beans for children
· The World Bank estimates Nigeria’s soaring inflation and food prices would have further pushed another seven million people into poverty in 2020
Inflation is rising around the world making food and essential items beyond the reach of the common man. That is felt more severely in Nigeria, where mothers are complaining how they are finding difficulties in buying eggs, vegetables and beans for children,
Nigeria is Africa’s most populous nation with 210 million inhabitants. It is also one of the countries with the largest number of poor people. The World Bank estimates Nigeria’s soaring inflation and food prices would have further pushed another seven million people into poverty in 2020. The country is facing double economic impact of low global oil prices and the pandemic,
Food prices have increased more than 22 percent since the start of the coronavirus crisis. For many people feeding the family has become a daily challenge. The number of children suffering from malnutrition is increasing in large numbers. The surge in Covid-19 pandemic further worsened the situation. Even before the pandemic and the surge in food costs, the nutrition profile of the West African country was alarming. One in three Nigerian children suffered stunted growth due to bad diet.
