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- A caller study has revealed that the mean outgo of making a cookware of jollof atom for a household of 5 has risen sharply
- Data published by SBM Intelligence shows that the outgo of jollof successful the 2nd 4th of 2025 roseate by 153% successful 1 year
- The Jollof Index, which tracks the prices of halfway ingredients needed to navigator jollof rice, is utilized to measurement the rising outgo of surviving for Nigerian households
Legit.ng journalist Dave Ibemere has implicit a decennary of acquisition successful concern journalism, with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.
The mean outgo of preparing a cookware of Jollof Rice for a household of 5 has accrued by 153% betwixt March 2023 and June 2025, reaching N28,066
This is according to SBM Intelligence’s latest Jollof Index study for Q2 2025, titled “The Crushing Cost of a Pot."
Source: Getty Images
The latest summation means a azygous cookware of jollof atom present consumes astir 40.09% of Nigeria's caller minimum wage of N70,000.
In immoderate parts of the country, the outgo is adjacent higher.
The study stated:
The National Average Jollof Index surged from N10,881.54 successful March 2023 to N12,372.69 successful June 2023, marking a 13.7% summation successful 3 months. "This momentum continued, reaching N16,955.38 by March 2024, N19,036.92 by May 2024, and a staggering N28,066.31 by June 2025, reflecting an bonzer 158% summation from March 2023 to June 2025. "This accelerated escalation underscores pervasive macroeconomic factors specified arsenic important currency devaluation, rising vigor costs, and wide proviso concatenation disruptions."States with the highest prices
The study identifies Bauchi, Calabar Municipal, and Wuse II successful Abuja arsenic ostentation hotspots, with Bauchi signaling the highest outgo astatine N41,050 per pot, which is simply a 587% summation since 2016.
In Bauchi alone, capsicum prices jumped 433% from N1,500 successful August 2024 to N8,000 by June 2025, portion onions surged 300%.
Other municipality centres besides saw steep increases. Lagos’ Balogun Market reported an mean of N23,591 per cookware by June 2025, driven by precocious municipality request and logistics costs.
In Abuja’s Wuse II, the scale deed N33,900, spurred by spikes successful prices for rootlike lipid and seasonings.s
Source: Getty Images
Ingredients terms increase
Ingredient-specific information shows wide terms increases crossed markets:
- Pepper: up by 433% successful Bauchi
- Onions: up by 300% successful Bauchi
- Tomatoes: up by 150% successful Bodija
- Vegetable oil: up by 68% successful Kano
- Salt: up by 75% successful Wuse
- Seasoning (Knorr): up by 71.4% successful Bodija
- Turkey: up by 50% successful Bauchi
- Beef: up by 20.8% successful Calabar Municipal
A caterer and parent of 3 successful Lagos told SBM researchers:
"The escalating nutrient ostentation successful Nigeria, strikingly reflected in the figures you person shown me, is profoundly impacting households and businesses, forcing drastic adjustments to regular living. "For those successful the catering industry, similar myself, the volatility of prices has go a important hurdle."States with the highest nutrient ostentation successful Nigeria
Earlier, Legit.ng reported that the National Bureau of Statistics revealed that Nigeria's ostentation rates.
The latest information released by the NBS showed that Borno, Niger, and Plateau, which are facing information challenges, person the highest ostentation rates
Additionally, the highest nutrient ostentation rates were recorded successful Borno, Bayelsa, and Taraba states
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Source: Legit.ng
