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Economy · Video

Cost of a pot of jollof falls 11.5% to ₦26,178 as chicken and oil get cheaper

SBM Intelligence’s Jollof Index has recorded its sharpest quarterly fall in ten years. But the pot still costs more than a year ago, and Port Harcourt went the other way.

The cost of cooking a pot of jollof rice in Nigeria fell by 11.5% between June and September 2026, from ₦29,578 to ₦26,178, according to the latest Jollof Index from the research firm SBM Intelligence, published this week. The firm called it “the sharpest quarterly decline in the SBM Jollof Index’s ten-year history”. Cheaper chicken and vegetable oil did most…

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