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Food prices: Average Nigerian income no longer enough to feed families – Oyedele

Source: dailypost.ng Published Tue, 27 Oct 2026 09:27:15 +0000
Food prices: Average Nigerian income no longer enough to feed families – Oyedele

Why This Matters

Key context: <img width="1200" height="1000" src="https://dailypost.ng/wp-content/uploads/2026/10/Taiwo-Oyedele-.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://dailypost.ng/wp-content/uploads/2026/10/Taiwo-Oyedele-.jpg 1200w, https://dailypost.ng/wp-content/uploads/2026/10/Taiwo-Oyedele--300x250.jpg 300w, https://dailypost.ng/wp-content/uploads/2026/10/Taiwo-Oyedele--1024x853.jpg 1024w" sizes="(max-width: 1200px) 100vw, 1200px" /><p>Taiwo Oyedele, the Minister of Finance and Coordinating Minister of the Economy, has admitted that Nigerian households spend as much as 120 per cent of their income on food amid soaring prices. Oyedele, who spoke recently at Chatham House in London, said monthly incomes could no longer sustain many Nigerians, forcing them to borrow money [&#8230;]</p> <p><a href="https://dailypost.ng/2026/10/27/food-prices-average-nigerian-income-no-longer-enough-to-feed-families-oyedele-2/">Food prices: Average Nigerian income no longer enough to feed families – Oyedele</a></p> This development from dailypost.ng highlights ongoing changes in the sector.

Taiwo Oyedele, the Minister of Finance and Coordinating Minister of the Economy, has admitted that Nigerian households spend as much as 120 per cent of their income on food amid soaring prices. Oyedele, who spoke recently at Chatham House in London, said monthly incomes could no longer sustain many Nigerians, forcing them to borrow money […] Food prices: Average Nigerian income no longer enough to feed families – Oyedele

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