Nigerians forced to borrow as food costs swallow 120% of income —Oyedele

Nigerian Tribune | 26-10-2026 09:56am |

Some Nigerian households are spending as much as 120 per cent of their monthly income on food and borrowing to feed their families until the next payday, Finance Minister and Coordinating Minister of the Economy Taiwo Oyedele has disclosed. Speaking at Chatham House in London, Oyedele said a government survey showed food costs now exceed

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