The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has revealed the findings of a government survey about some Nigerian households that spend as much as 120 per cent of their income on food.
Oyedele says many families are forced to borrow before the end of the month to meet basic food needs, despite signs of macroeconomic stability.
DOTT TV business correspondent has more insight into Oyedele’s comments.