Cost of preparing pot of jollof rice up 14.6% in 11 months - Report
Nigeria, July 22 -- The national average cost of preparing a pot of jollof rice in Nigeria rose from N25,798 in July 2025 to N29,578 in June 2026, an increase of 14.6 per cent, according to a new survey.
This was disclosed in the SBM Intelligence Jollof Index Q2 2026 report, titled: "Rebasing, Redefining, and the Weather's Toll on the Pot".
SBM Intelligence, a data analytics and research firm, stated that it rebased the index in the July edition to a higher standard as of July 2025 and introduced re-standardised ingredient measures.
According to the report, the index now more accurately captures how households navigate the current affordability crisis.
The study collected monthly price data on 12 key ingredients: rice, vegetable oil, ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.