The cost of preparing a pot of Jollof rice in Nigeria for a family of five has increased sevenfold from 2016 to 2025, data from the latest Jollof Index by SBM Intelligence has shown.
The report titled ‘The Crushing Cost of a Pot' disclosed that the national average cost of cooking Jollof rice
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.
