The increasing cost of food in Nigeria is creating a heavy burden on the population. The National Bureau of Statistics (NBS) reports that the inflation rate for food has skyrocketed to 32.84%, making it increasingly challenging for people to manage their expenses.

In November 2023, the year-on-year food inflation rate rose by a substantial 8.72%, contributing to the strain on individuals and families. This surge in inflation is attributed to the soaring prices of various food categories, including Bread and Cereals, Oil and Fat, Potatoes, Yam, Fish, Fruit, Meat, Vegetables, Coffee, Tea, and Cocoa.

To illustrate the severity of this situation, the overall cost of food and beverages has surged by an astounding 92.73% in just three years, significantly impacting people’s budgets. What’s more, with food expenses now accounting for approximately 73% of the minimum wage for the typical Nigerian household, it is evident that significant changes are necessary to address this issue.

Delving into the specifics, let’s explore the top 10 food items experiencing the most substantial price increases as of November 2023. Brace yourself, as these figures are alarming.

Beginning at number 10, the average price of chicken feet has surged by a staggering 70.46% over the past year. Additionally, broken rice, commonly known as Ofada rice, has seen a 71.04% increase in price. Furthermore, evaporated milk, a morning coffee essential, is now priced at 71.57% more than last year.

Rice, a dietary staple, has experienced a significant price hike, with the average cost of locally sold loose rice increasing by 73.16%. Maize grain white follows closely with a 75.34% surge, while maize grain yellow has skyrocketed by a painful 76.01%.

Yam tubers have experienced an 83.51% price surge, and sweet potatoes are up by 85.28%. Notably, ripe plantains have seen an 88.04% increase in price, while unripe plantains have witnessed a shocking 103.85% surge, making them over 100% more expensive than just a year ago.

These soaring prices have created a dire situation for many individuals, making it increasingly challenging to afford basic necessities. As we move into the new year, the struggle of putting food on the table continues to intensify for the average Nigerian. With these relentless price hikes, it is evident that significant interventions are needed to alleviate the burden on those most affected.