Nigeria, Oct. 23 -- In the third quarter of 2025, the average cost of making a pot of jollof rice decreased somewhat by 3.17 percent across key Nigerian cities. as per the most recent National Jollof Index published by SBM Intelligence.
Millions of households still battle with excessive food costs, the company pointed out, notwithstanding this little drop. The apparent relief reflects statistical Adjustments instead of real price cuts.
According to the study, the recent rebasing of Nigeria's Consumer Price Index (CPI), changing the reference year from 2009 to 2024, affected how inflation is reported.
Under the updated approach, the year-on-year food inflation rate for July 2025 was recorded at 22.74 percent, against 39.53 percent...
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