50.1% of Nigerians’ monthly income spent on food – Report

A report by SEID, a marketing communications firm in Lagos, has disclosed that 50.1 per cent of Nigerians’ monthly income is spent on food, just as rising electricity costs are pushing 18.5% of households to adopt solar solutions. The firm also said 31.7% rely on self-employment, while consumer behaviour is shifting faster than ever. SEID [...]

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