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Aug 1, 2022 · The average price of preparing a pot of jollof rice jumped 8.3% to 9,311 nairas, or $22, in the second quarter of 2022, from 8,595 nairas in the first quarter.
- Emmanuel Abara Benson
Feb 27, 2024 · The price of 1 kilogram (2.2 pounds) of rice, the main ingredient in making jollof, jumped 98.5% from a year earlier, data published Monday by the National Bureau Statistics showed.
- Anthony Osae-Brown
4 days ago · Nigerian Stock Exchange share prices and values are displayed in Nigerian naira. Get share prices, volume traded, daily price movements and 52 week percentage changes for companies listed on the Nigerian Stock Exchange.
Apr 27, 2024 · The cost of preparing jollof rice in Nigeria, a staple food for many, has increased by 29.3% from N13,106 in October 2023 to N16,955 in March 2024, according to SB Morgen (SBM) Intelligence. This is due to the depreciation of the Naira, which has led to high food affordability issues as Nigeria relies heavily on food imports.
Oct 17, 2019 · Share Nigerians are spending 60 percent more on average for a family pot of Jollof rice than they did three years ago, according to the 2019 July Jollof Index by SBM Intelligence, Nigeria’s leading geopolitical intelligence platform, and experts have blamed it on the partial closure of the borders.
Nov 2, 2021 · In Q3 of 2021, Jollof rice, one of Nigeria’s favourite delicacies, costs an average of N8007.50 to prepare, 4.98 per cent higher than N7,618 reported in Q2. In Q1, the average cost of making a pot of jollof rice was N7400.
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