Nigerians now spend more to maintain drugs and alcohol habits


 

  • Maintaining a drug, alcohol or cigarette habit in Nigeria has seen drug users spending more than they used to in the last few years.

  • The data sourced from the UN, World Health Organization, World Bank and International Monetary Fund, shows Nigeria at position 68 (down from 64) in the sample of 75 countries.

  • The Nigerian drug-alcohol shadow economy is put at $463.8million (N166.968 billion), according to the Bloomberg Global Vice Index.


The cost of maintaining a drug, alcohol and cigarette habit in Nigeria has risen according to the Bloomberg Global Vice Index.

The data sourced from the UN, World Health Organization, World Bank and International Monetary Fund, shows Nigeria at position 68 (down from 64) in the sample of 75 countries.

The figures, according to Bloomberg Global Vice Index, shows that drug users in Nigeria dedicate 168 percent of weekly pay, or $68 USD to body-altering chemicals.

The Nigerian drug-alcohol shadow economy is put at $463.8million (N166.968 billion), according to the Bloomberg Global Vice Index.


NDLEA said it has collected 3,400 kilograms of hard drugs in 2016.
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NDLEA said it has collected 3,400 kilograms of hard drugs in 2016.

(Guardian)

 

Countries where drug or alcohol habit is cheap

In the list, Luxembourg comes top as the country where it costs only 10 percent of the $2,071 average weekly earnings of drug users dedicate to indulge in their vices, while the Bahamas, Switzerland, Iceland, France, Norway, and the Netherlands rounded out the rest of the top five most affordable destinations where drugs and other vices are cheap.

Countries where drug or alcohol habit is cheap

However, the ratings also showed that the most expensive places in the world to get one’s fix is Russia, followed by neighbouring Ghana, Albania, Thailand, and Japan.

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Bloomberg noted that the vice basket tracks average retail prices for a pack of cigarettes, popular and premium; a bottle of alcoholic beverages including beer, wine and spirits; a gram of amphetamine-type stimulants, including methamphetamine and/or ecstasy; a gram of cannabis, including marijuana hashish resin and/or cannabis oil; a gram of cocaine, regardless of salts, paste or base forms and a gram of opioids, including heroin and/or opium.


Agency seizes N22bn drugs in 2015, arrests 8,778 suspects
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Agency seizes N22bn drugs in 2015, arrests 8,778 suspects

(ABC)

 

Index: 68

Country: Nigeria

change from 2017: 4 places down

global vice index: 311.69

basket cost as % of weekly income: 1.68

basket cost ($): 67.6

basket cost 1 yr change: $3.5

‘shadow economy”: $463.8M

More Nigerian youths get addicted to drug abuse

More Nigerian youths got addicted to drug usage between 2016 and 2018. Sadly these youths are able to maintain their addiction despite the increase in price in sales.

On Tuesday, January 23, 2018, the registrar of the Pharmacists Council of Nigeria (PCN), Elijah Mohammed raised alarm over the abuse of codeine in Nigeria.

“A large number of Nigerians cutting across different geographical and social strata are already addicted to some of these medicines,” he said.

In the same vein, cannabis and cocaine have become more accessible to the average Nigerian drug user compared to years back.

Meanwhile, neighbouring Ghana was ranked the second cocaine trafficker in Africa.

According to the World Drug Report by United Nations Office on Drugs and Crime (UNODC), the illegal shipment of cocaine comes from Ghana and Nigeria.

The report again named Ghana as among the top four countries in Africa reported as the source of cannabis herb to Europe.

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Ghana is ranked 13 out of 115 countries when it comes to the consumption of cocaine.





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