The rising food inflation rate has increased the average cost of cooking a pot of jollof rice in Nigeria from N20,274 in June to N21,300 in September, reflecting a 5.1% increase. A report ‘Crisis On The Menu’: The SBM Jollof Index Q3, 2024 said the prices of key ingredients such as tomatoes and peppers, remained high in July, although the Index recorded only a minor reduction of N200. The previous index highlighted how the prices of ingredients like tomatoes and peppers had surged by over 300% in June, and this only slightly relieved in July. By August, the national average cost of making a pot of jollof rice rose by an additional N390 and increased further by N1,181 in September. READ ALSO: Two-Thirds Households In Nigeria Lack Money For Healthy
