Poverty: Nigerians spend 120% of income on food, borrow to survive — Oyedele

Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said Nigerians in some households spend as much as 120 per cent of their income on food and are forced to borrow or rely on relatives to survive.Oyedele disclosed this while speaking at Chatham House in London, where he highlighted the growing financial pressure on households and the challenges facing workers whose earnings are insufficient to meet their basic needs.