Nigerian economist Oyedele reported at Chatham House in London that a government survey found some households spend 120% of their income on food. The data highlights rising food costs and economic strain. Oyedele emphasized the impact on daily living and purchasing power. The survey focused on urban areas with high inflation rates. Food prices have increased by over 30% in the past year. The government has not yet announced specific measures to address the issue. Oyedele called for urgent policy intervention to stabilize the economy. The findings were presented during a policy discussion on economic resilience. The event attracted international economic experts. The data reflects broader economic challenges in the region.