Economy - Intelpoint

36.3 million people face Crisis-level food insecurity in August 2026, up 33% from November 2025.
Nearly 8 in 10 households in the northeast have less than a week's food supply.
58% of people in the northeast have insufficient food consumption.
Conflict, displacement and market disruption are deepening the crisis.

Every comparable food item tracked is now at least twice as expensive as it was in May 2023.
Nearly half of the selected food items have more than tripled in price since the month before fuel subsidy removal.
Unripe plantain recorded the steepest increase, rising by 469% between May 2023 and April 2026.
Ripe plantain, yam tuber, and fresh tilapia also saw extreme increases of more than 300%.
Even the slowest-rising staples, including frozen chicken, beans, gari, and maize, still more than doubled in price.

Indonesia dominated with 46.8M tonnes in 2022, up from 145.7 ktonnes in 1961
Malaysia was the second-largest producer in 2022 with 18.5M tonnes
Global production has increased from under 2M tonnes (1961) to over 75M tonnes (2022)
Thailand, Colombia, and Guatemala have emerged as major producers in recent decades
Nigeria was historically significant, but has been overtaken by Asian producers

Asia leads globally with 26% of its forests in legally protected areas.
The global average stands at 20%, meaning that one-fifth of all forests are under some form of legal protection.
Africa and Europe are tied at 23%, both above the global average.
South America has only 17% of its forests protected, despite being home to the Amazon rainforest.

Global forest cover is 4.1 Bha, according to the latest FAO assessment.
At 832.6 Mha, 20.1% of the global total, Russia has the world’s largest forest area.
Brazil (486.1 Mha; 11.7%) and Canada (368.8 Mha; 8.9%) rank second and third, respectively.
The United States (7.5%) and China (5.5%) complete the global top five.
Africa’s top contributor is the Democratic Republic of Congo, with 139.2 Mha, 3.4% of the global total.
Other African countries in the top 20 include Angola, Zambia, Tanzania, and the Central African Republic, each accounting for approximately 1% of the global forest area.
Together, the top ten countries account for over 78% of the world’s total forest area, highlighting the global concentration of forest resources.

Osun (₦1,867) has the highest CoHD, while Kaduna (₦1,227) has the lowest, a gap of ₦640.
The national average CoHD stood at ₦1,495 as of December 2024.
Southern states, particularly in the South West, record the highest diet costs.
Northern states dominate the list of the most affordable places to eat healthy.
Rising costs in urban centres like Lagos (₦1,702) and Rivers (₦1,780) reflect the impact of logistics and inflation.
The ₦640 state gap shows inequality in dietary access, which can deepen nutrition and welfare disparities.

The share of minimum wage needed to afford a healthy diet fell from 124.1% in June to 54.2% in July 2024, when the minimum wage was increased from ₦30,000 to ₦70,000.
Before July, the cost of a healthy diet for a month exceeded 100% of [the] minimum wage, making it unaffordable for minimum-wage earners.
The sharpest burden was recorded in June 2024, when households needed their full salary plus 24% extra to eat healthily.
Between July and December, affordability worsened slightly from 54.2% to 64.1%, indicating that food prices continued to rise despite the wage boost.
The implementation of the ₦70,000 minimum wage in 2024 provided significant relief to Nigerian households struggling with the high cost of eating healthily.

The Cost of Healthy Diet (CoHD) in Nigeria increased by over 74% in 2024.
The average cost rose from ₦858 in January to ₦1,495 in December.
June 2024 recorded the sharpest monthly jump at 19.2%, the highest of the year.
From August to December, CoHD rose steadily — showing no reversal in trend.
The persistent rise reflects food inflation, weak supply chains, and increasing import costs.
For many Nigerians, maintaining a healthy diet is becoming increasingly unaffordable, threatening nutrition and welfare outcomes.

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