Poverty impacts of food price increases in Nigeria

The prices of staple grains on international markets began to rise in mid-2020 in response to higher fertilizer prices and supply constraints associated with the Covid-19 pandemic. They further spiked in early 2022 following the invasion of Ukraine by Russia. This brief examines the impact of these...

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Main Authors: Minot, Nicholas, Martin, Will
Format: Brief
Language:Inglés
Published: International Food Policy Research Institute 2023
Subjects:
Online Access:https://hdl.handle.net/10568/132546
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author Minot, Nicholas
Martin, Will
author_browse Martin, Will
Minot, Nicholas
author_facet Minot, Nicholas
Martin, Will
author_sort Minot, Nicholas
collection Repository of Agricultural Research Outputs (CGSpace)
description The prices of staple grains on international markets began to rise in mid-2020 in response to higher fertilizer prices and supply constraints associated with the Covid-19 pandemic. They further spiked in early 2022 following the invasion of Ukraine by Russia. This brief examines the impact of these events on poverty in Nigeria. It is part of a series of six such briefs that estimate the poverty impact of higher world prices for staple grains. The other briefs cover Kenya, Ethiopia, Burkina Faso, Niger and Mali (see Minot and Martin, 2023a and 2023b; Martin and Minot, 2023a, 2023b, and 2023c). The methodological approach is similar in all six country studies. First, we examine the effect of the increases in international cereal prices on the real price of key grains in the domestic markets of the country. Second, we estimate the impact of the changes in domestic grain prices on the real income of each household using nationally-representative survey data, taking into account the importance of the commodities in consumption and as a source of income for each household. Finally, we estimate the changes in headcount poverty (the share of people living below the poverty line) based on the changes in real income for each household in the sample. We focus on the prices of maize, wheat, and sorghum for reasons discussed below.
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spelling CGSpace1325462025-11-06T04:45:55Z Poverty impacts of food price increases in Nigeria Minot, Nicholas Martin, Will grains markets fertlizers supply chains coronavirus coronavirus disease coronavirinae covid-19 ukraine cereals households poverty The prices of staple grains on international markets began to rise in mid-2020 in response to higher fertilizer prices and supply constraints associated with the Covid-19 pandemic. They further spiked in early 2022 following the invasion of Ukraine by Russia. This brief examines the impact of these events on poverty in Nigeria. It is part of a series of six such briefs that estimate the poverty impact of higher world prices for staple grains. The other briefs cover Kenya, Ethiopia, Burkina Faso, Niger and Mali (see Minot and Martin, 2023a and 2023b; Martin and Minot, 2023a, 2023b, and 2023c). The methodological approach is similar in all six country studies. First, we examine the effect of the increases in international cereal prices on the real price of key grains in the domestic markets of the country. Second, we estimate the impact of the changes in domestic grain prices on the real income of each household using nationally-representative survey data, taking into account the importance of the commodities in consumption and as a source of income for each household. Finally, we estimate the changes in headcount poverty (the share of people living below the poverty line) based on the changes in real income for each household in the sample. We focus on the prices of maize, wheat, and sorghum for reasons discussed below. 2023 2023-10-30T19:51:28Z 2023-10-30T19:51:28Z Brief https://hdl.handle.net/10568/132546 en Open Access application/pdf International Food Policy Research Institute Minot, Nicholas; and Martin, Will. 2023. Poverty impacts of food price increases in Nigeria. Global Crisis Country Brief 26. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.136855.
spellingShingle grains
markets
fertlizers
supply chains
coronavirus
coronavirus disease
coronavirinae
covid-19
ukraine
cereals
households
poverty
Minot, Nicholas
Martin, Will
Poverty impacts of food price increases in Nigeria
title Poverty impacts of food price increases in Nigeria
title_full Poverty impacts of food price increases in Nigeria
title_fullStr Poverty impacts of food price increases in Nigeria
title_full_unstemmed Poverty impacts of food price increases in Nigeria
title_short Poverty impacts of food price increases in Nigeria
title_sort poverty impacts of food price increases in nigeria
topic grains
markets
fertlizers
supply chains
coronavirus
coronavirus disease
coronavirinae
covid-19
ukraine
cereals
households
poverty
url https://hdl.handle.net/10568/132546
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