Nigerian households are cutting back on chicken, fish, eggs and meat as protein prices rise. The National Bureau of Statistics reported that the cost of a healthy diet reached N1,589 per adult per day in April 2026, up 4.74% from a year earlier.
Animal-source foods were about 40% of that basket's cost but supplied roughly 13% of its calories.
Higher animal-source food costs point to strong consumer demand for affordable protein, but they also signal rising production and distribution costs. This is a consumer story and does not move feed commodity prices directly.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.