Nigerians spent N4.6 trillion eating out in 2019, says NBS

Nigerians spent N4.598 trillion on food consumed outside the home, the National Bureau of Statistics has revealed.

This is the highest share of expenditure on food and on general food and non-food expenditure in the country for the year 2019.

Most of the nation’s expenditure came in from Lagos, Oyo, Delta, Rivers, and Kano states — making up 33.71 percent of total national expenditure, while Taraba, Ebonyi, Nasarawa, Yobe, and Gombe, account for less than five percent.

The FCT and 31 states account for 66.29 percent of the nation’s spending.

“At the national level the total household expenditure on food and non-food for 2019 was N40,207,388,459,367 (N21,620,601,543,613.90 in 2009/10),” the NBS consumption expenditure pattern for 2019, read.

“Of this total, 56.65% (60.2% in 2009/10) of total household expenditure in 2019 was spent on food with the balance of about 43.35% (39.8 % in 2009/10) spent on non- food items.

“Food consumed outside the home, followed by transportation costs and starchy roots, tubers and plantains were responsible for the largest proportion of household expenditure representing a combined 24.16 percent of total household expenditure in 2019.

“Lagos State recorded the highest consumption expenditure at N5,068,032,243,934.00 or 12.60% of total
household expenditure followed by Oyo (5.83%), Delta (5.38%), Rivers (4.99%) Kano State (4.91%).”

The last time the consumption expenditure pattern report was published was about 10 years ago, the bureau said.

 

 

– The Cable

About Don Saint

PR Guru / Author / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Human Rights Activist. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. For more info. Call : 08033239298.

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