Pot Of Jollof Rice Hit ₦30,435 In March — Report
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The average price of cooking a pot of jollof rice rose to ₦30,435 in March 2026, driven largely by global oil shocks linked to the Iran conflict, a report by the SBM Intelligence has revealed, showing a sharp escalation in Nigeria’s cost of living.
In its Jollof Index Q1 2026 report, the firm said the six-month increase of 19.4 per cent reflects the growing pressure on Nigerian households as fuel prices surge and transport costs ripple through food supply chains.
READ ALSO: Trump Orders U
The average price of cooking a pot of jollof rice rose to ₦30,435 in March 2026, driven largely by global oil shocks linked to the Iran conflict, a report by the SBM Intelligence has revealed, showing a sharp escalation in Nigeria’s cost of living.
In its Jollof Index Q1 2026 report, the firm said the six-month increase of 19.4 per cent reflects the growing pressure on Nigerian households as fuel prices surge and transport costs ripple through food supply chains.
READ ALSO: Trump Orders U
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