Barbenheimer grossed a combined ₦56.6m in Nigerian cinemas during their first weekend
Nigerians spent ₦56.6 million last weekend seeing two blockbuster movies — #Barbie and #Oppenheimer. Popularly called Barbenheimer, they were released simultaneously on July 21, 2023. Barbie made 129% more than Oppenheimer in their first weekend.
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.
Among the 113 countries measured in the 2022 Global Food Security Index, Nigeria is ranked 107th overall, putting it deep in the bottom ten globally.
Nigeria has the lowest affordability score globally in the GFSI 2022, scoring only 25.0 in that pillar.
The country performs marginally better in other pillars: its score in “Quality and Safety” is relatively higher (55.6), and “Sustainability and Adaptation” is 53.7. But other pillars like “Availability” (39.5) remain weak.
Globally, a group of countries, including Nigeria, DR Congo, Sudan, Venezuela, Burundi, Madagascar, Sierra Leone, Yemen, Haiti, and Syria, all cluster at low overall GFSI scores (below ~45), reflecting severe challenges.