Nigeria, April 26 -- The cost of preparing a pot of jollof rice, a popular delicacy among Nigerians, rose from N13,106 in October to N16,955 in March 2024, a report has said.

SB Morgen (SBM) Intelligence, a geopolitical intelligence platform, disclosed the 29.3 per cent rise in the cost of preparing the delicacy in its latest report titled, "The SBM Jollof Index Q1 2024: Crisis at the table ".

The SBM Jollof Index tracks how much it costs to make a pot of jollof rice across 13 markets in six geopolitical zones for a family of five and uses the figures to measure the inflationary trends in the country.

In recent years, food prices have been on the rise across Nigeria. The situation deteriorated due to the impact of government policies s...