The Jollof Rice Index
The Jollof Index returns with encouraging drop in cost of cooking Jollof Rice
It all comes at a cost, that savoury, delectable and palate-appealing staple Nigerians love and protect like cultural heritage, Jollof Rice. And the Jollof index, returning after an election-forced hiatus is all here to tell how much it costs in cities across Nigeria. The SBM Jollof Rice index, which tracks the price of the main…
The Jollof Rice Index as a window into food inflation
In a week where the National Bureau of Statistics confirmed that the rise in inflation had slowed, fledgeling Lagos-based research organisation, SBM Intelligence, has released a new product called SBM Jollof Index which examines the cost of preparing a Nigerian delicacy – Jollof Rice, for a family of six.