……Port Harcourt sees highest rise in six months due to inflation shocks
Nigerians are now spending more to prepare a pot of jollof rice than they did six months ago, with the cost rising to N25,486, largely due to the surge in protein prices, according to data from SBM Intelligence.
The SBM Jollof Index, which tracks the cost of preparing jollof rice, a staple dish in Nigeria, and serves as an indicator of food price fluctuations, shows that the average cost to prepare a pot of jollof rice for a family of five increased to N25,486 in March 2025. This marks a 19 percent increase from N21,300 in September 2024.