Cost Of Preparing Jollof Rice Across Major Cities In Nigeria

Cost Of Preparing Jollof Rice Across Major Cities In Nigeria

A recent report has highlighted an increase in the average cost of cooking jollof rice across major cities in Nigeria. The study, known as the SBM Jollof Index for Q1 and titled “Crisis at the Table,” analyzed the price of cooking jollof rice for a family of four and revealed rises in costs across all geographical regions of the country……READ ALSO Hilarious:Netizens React As CSU Authenticates Tinubu’s Result, Urge Atiku  To Use Certificate To Cook Jollof Rice

The average cost of preparing jollof rice for a family of four is now approximately N17,000, according to the report. This reflects a 29.3% increase from the N13,106 recorded in October across major markets in Nigeria.

Residents in Onitsha, Southeast Nigeria, experienced a significant 44.9% increase in the cost of preparing jollof rice within the six-month period, rising from N10,280 to N14,900. Conversely, residents of Nyanya market in Abuja saw the slowest growth, with the cost increasing by just 15.5% to N17,500 during the period.

Kano State recorded the highest cost of making jollof rice at N19,300, marking a 22.9% increase during the six-month period.

In Calabar, South-South Nigeria, the cost of cooking a pot of jollof rice for households rose to N17,050 in March 2024 from N13,250 recorded in October 2023, representing a 28.7% increase. Similarly, in Port-Harcourt, there was a 23.2% increase in the cost of cooking jollof rice for households.

Across markets in Lagos and Ibadan, representing the Southwest, the cost of a pot of jollof rice increased by 26.5% and 28%, respectively, during the period under review.

The report considered not only the price of rice but also the cost of ingredients such as turkey, beef, vegetable oil, seasoning, and others.

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