Average pot of jollof rice now costs N27,528 — up 153% since 2023, SBM Intelligence reports

Jollof rice becomes Nigeria's new inflation barometer

The cost of preparing a pot of jollof rice in Nigeria has surged to an all-time national average of ₦27,528 as of June 2025, marking a staggering 153% increase since March 2023 and June 2025. This highlights deepening food insecurity and systemic inflation pressures. This insight, revealed in SBM Intelligence’s latest Jollof Index titled “The Crushing Cost of a Pot”, offers a snapshot of Nigeria’s cost-of-living crisis. The index, which tracks t…

Average pot of jollof rice now costs N27,528 — up 153% since 2023, SBM Intelligence reports

The cost of preparing a pot of jollof rice in Nigeria has increased significantly, with the average now standing at N27,527.85 — a 153% increase between March 2023 and June 2025.  The post Average pot of jollof rice now costs N27,528 — up 153% since 2023, SBM Intelligence reports  appeared first on Nairametrics.