Nigeria has been ranked as the second poorest country in the world in terms of food affordability according to a new report by the Institute of Development Studies, a UK-based think tank.
The report, which was compiled through a publicly available global cost-of-living database, Numbeo, was used in creating a ‘cost of food basics’ analysis that compares the monthly minimum recommended spend on food per adult and monthly average wage in 107 countries across the world.
The minimum recommended amount of food is based on 12-14 basic items that together would account for 2,100 calories per adult per day which is the level recommended by the World Health Organisation for energy needs.
The Cost of Food Basics found that, more than one year since the outbreak of COVID-19, there is vast disparity between countries in terms of the proportion of average wages needed to afford enough food.
The top 10 countries where basic food is least affordable in are Syria, Nigeria, Ethiopia, Philippines, Sri Lanka, Ghana, Indonesia, Algeria, Iran and Uzbekistan.
Basic food is least affordable in Syria, where the minimum recommended monthly spend would account for 177 per cent of average wage income per adult, followed by Nigeria where 101 per cent of the average wage is spent on food.