Yahoo Web Search

Search results

  1. Prices displayed on this website are delayed by 30 minutes. To access real-time data, please subscribe to X-DataPortal, contact your stockbroker or any of our registered Data Vendors. -- All Market -- Premium Board Main Board ASeM Growth Board

  2. Oct 18, 2021 · The cost of making a pot of jollof rice for a family of five remains high across the country. On average, it will cost ₦8007.50 which is higher than the average cost in Q2 which stood at ₦7,618, a percentage difference of 4.98. It will cost the highest to make a pot of jollof rice in Nyanya, Abuja at ₦10,050 and it will cost the lowest in ...

  3. May 9, 2024 · May 9, 2024 at 1:51 AM PDT. Listen. 2:33. The price of rice — the main ingredient in Nigeria’s favorite jollof dish — more than doubled in March, placing more pressure on household incomes ...

    • Anthony Osae-Brown
    • It Takes Over N10,000 to Prepare Jollof Rice
    • Local Rice Price Jumps by 200%
    • List of 10 Cheapest and Most Expensive States to Buy Food in Nigeria

    The report by SBM Intelligence, a research firm, shows that the cost of preparing the local delicacy rose by 166.3% to N10,882 in March 2023 from N4,087 in June 2016, at the launch of the index. Additional analysis reveals that a family of five earning a monthly minimum wageof N30,000 would spend about 36.3% of the money to prepare the meal. The Jo...

    The development comes amid reports that the price of locally produced rice in Nigeria has jumped 200% in seven years. Punch reports that the increase happened despite the multi-billion funding support of the Central Bank of Nigeria (CB) for Nigeria’s value chain to boost rice production. According to data from the Selected Food Prices Watch Report ...

    Legit.ng reported that the National Bureau of Statistics (NBS) has revealed that the average annual food inflation rate for the twelve months ending September 2022 increased to 23.34 per cent. This is the highest level in over 13 years, demonstrating how economically stressed Nigerian households have become. NBS stated this in its Consumer Price In...

  4. Aug 1, 2022 · Some are skipping meals or cutting back on favorites such as jollof rice. ... as a way of studying Nigeria's food prices. The average price of preparing a pot of jollof rice jumped 8.3% to 9,311 ...

    • Emmanuel Abara Benson
  5. Nov 21, 2023 · November 21, 2023. The average cost of preparing a pot of jollof rice for a Nigerian family of five has more than tripled within seven years, according to a new Jollof Index report. The report, titled ‘Mountain Climbing’, by SBM Intelligence, an Africa-focused geopolitical research and strategic communications consulting firm, shows that ...

  6. People also ask

  7. Feb 27, 2024 · February 26, 2024 at 11:08 PM PST. Listen. 2:12. The cost of making Nigeria’s favorite jollof rice dish, a beloved delicacy in many homes, almost doubled in January from a year earlier in a ...