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EXPLANATORY POWER OF PRICE SHOCKS IN FOOD SECURITY EQUATION OF NET FOOD BUYERS IN NIGERIA

In a developing country such as Nigeria, fluctuation in macroeconomic factors can bring about food price shocks and food insecurity. It is important to investigate whether food price shocks have impacted the food security status of net food buying households. This study specifically examines the effect of food price shocks on the food security status of net food buying households in Nigeria. Secondary data were elicited from Central Bank of Nigeria and National Bureau of Statistics for the 1995-2016 years period. In analyzing the collected data, descriptive statistics (mean and percentage), co…

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