Food inflation in Nigeria increased by 15% during the 11 months from April 2021 to March 2022, adding pressure on the cost of living for salary earners whose incomes have not risen for close to three years.
The alarming situation is that the 30,000 Naira (US$72) minimum wage is insufficient to meet the value of basic foodstuffs for the healthy living of an adult in a month, let alone an entire family.
