News
Cost of healthy diet rises 32% in five months — NBS
By Francesca Hangeior
At the backdrop of sustained surge in inflation, it has been established that cost of a Healthy Diet, CoHD, rose by 32 percent to N1,041 per adult per day in May 2024 from N786 in December 2023.
The National Bureau of Statistics, NBS, disclosed this yesterday in its CoHD report for May 2024, noting that the rise was driven by increase in the prices of starchy staples, legumes, nuts and seeds, and animal source foods.
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Analysis of the NBS CoHD report for the period (December 2023 to May 2024) showed that the cost of healthy diet increased by 9.2 percent month-on-month, MoM, to N858 in January 2024 from N786 in December 2023. CoHD increased by 9.3 percent to N938 in February and up by 4.7 percent to N982 in March.
The upward trend continued in April as CoHD grew by 5.4 percent to N1,035 in April and up by 0.6 percent to N1,041 in May.
The report stated: “The national average cost of a healthy diet was N1,041 per adult per day in May 2024. The CoHD has been steadily rising over the past six (6) months, since December 2023.
“In May 2024, the CoHD was 32 percent higher than it was in December 2023 (N786). It was also 1.0 percent higher than the cost in April 2024 (N1,035).
“The main drivers of this increase in CoHD are starchy staples, legumes, nuts and seeds, and animal source foods. Vegetables and fruits, on the other hand, saw the smallest increase in price month-on-month.”
On cost share by food group, NBS said: “Animal source foods were the most expensive food group recommendation to meet in May, accounting for 36 percent of the total CoHD to provide 13 percent of the total calories..
“Fruits and vegetables were the most expensive food groups in terms of price per calorie. They accounted for 11 percent and 12 percent, respectively, of total CoHD, while providing only 7.0 percent and 5.0 percent of total calories in the healthy diet basket.
“Legumes, nuts and seeds were the least-expensive food group on average, at 7.0 percent of the total cost.”
The bureau noted that at the state level, Ebonyi State had the highest average CoHD with N1,225 per adult per day, while Kano State accounted for the lowest cost with N898.
At the zonal level, the South East had the highest CoHD with N1,189 per day, while the North West had the lowest average CoHD with N919 per day.
News
Nigeria Congratulates Qatar on National Day
By Gloria Ikibah
The Federal Government of Nigeria has extended its heartfelt congratulations to the State of Qatar on the occasion of its National Day, celebrated on Wednesday, December 18, 2024.
In a statement signed by the Acting Spokesperson for the Ministry of Foreign Affairs, Kimiebi Imomotimi Ebienfa, Nigeria’s Minister for Foreign Affairs, Ambassador Yusuf Maitama Tuggar, conveyed fraternal greetings to Qatar’s Prime Minister and Minister of Foreign Affairs, His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani.
The statement highlighted Qatar’s commitment to promoting global peace and its significant contributions to humanitarian services worldwide.
“The Federal Government of Nigeria commends the commitment and strategic efforts made by the State of Qatar in the promotion of global peace; and more so, the excellent contributions to humanitarian services in different parts of the world,” it read.
Ambassador Tuggar emphasised the strong and growing relations between Nigeria and Qatar, expressing satisfaction with the collaborative efforts to strengthen ties for the mutual benefit of their citizens.
He wished Qatar peace, prosperity, and progress, reaffirming Nigeria’s enduring friendship and support.
This underscores Nigeria’s recognition of its diplomatic relationship with Qatar and its shared commitment to global cooperation and development.
News
Reps Recommends Delisting NECO, UI, Labour Ministry, 21 Others From 2025 Budget
By Gloria Ikibah
The House of Representatives Public Accounts Committee (PAC) has called for the removal of the National Examination Council (NECO), University of Ibadan (UI), Federal Ministry of Labour and Employment, and 21 other federal Ministries, Departments, and Agencies (MDAs) from the 2025 budget.
This recommendation follows their repeated failure to account for previous allocations and internally generated revenue.
During an extraordinary session on Wednesday, December 18, 2024, the Committee resolved that these MDAs should be excluded from the budget until they comply with its directives.
Chairman of the Committee, Rep. Bamidele Salam, stressed: “The Financial Regulation empowers the National Assembly to exclude any Ministry, Department, or Agency (MDA) that fails to account for their previous appropriations. As such, the listed MDAs should be excluded from the 2025 budget until they appear before this constitutional committee.”
The decision was prompted by the consistent non-compliance of these MDAs despite multiple summons issued by the Committee to scrutinize their financial operations.
Prominent institutions among those recommended for delisting include hospitals, universities, and federal development agencies. Some of the affected MDAs are:
- Federal Medical Centre, Bida
- Federal Ministry of Labour & Employment
- Ahmadu Bello University Teaching Hospital, Zaria
- Nigeria Police Force: Department of Information and Communication Technology
- Federal College of Education (Technical), Asaba
- Federal College of Education, Yola
- Federal Polytechnic Ekowe, Bayelsa State
- Abubakar Tafawa Balewa University Teaching Hospital, Bauchi
- Federal University of Technology, Minna
- Cross River Basin Development Authority
- Nigeria Office for Trade Negotiation
- National Examination Council (NECO)
- Nigeria Police Academy, Wudil
- Presidential Amnesty Programme
- Galaxy Backbone
- Senior Special Assistant to the President on Sustainable Development Goals
Others include the National Health Insurance Authority (NHIA), Nigeria Nuclear Regulatory Authority, National Space Research and Development Agency, Federal Cooperative College (Ibadan), Upper Niger River Basin Development Authority, University of Lagos, University of Ibadan, and Federal School of Survey, Oyo State.
The Committee unanimously recommended that the MDAs in question be delisted from the 2025 budget until they comply with the request for documentation and provide necessary financial clarifications.
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