Jollof Rice Cost in Nigeria Hits ₦30,435 in Q1 2026

In the first quarter of 2026, the average cost to prepare a pot of jollof rice for a family of five in Nigeria reached ₦30,435, reflecting a 19.4% increase over the previous six months, according to a report by SBM Intelligence. The report, cited by Punch Online, attributes this rise to several factors, including surging fuel prices, transport disruptions, and global energy shocks, which have pushed Brent crude oil prices above $110 per barrel.

Consequently, petrol prices in major cities have climbed above ₦1,300 per liter, while diesel prices have exceeded ₦1,500, leading to increased logistics costs across the food supply chain. The report indicates that the jollof rice index, which tracks the cost of this popular dish, has shown significant regional disparities, with Abuja's market exceeding ₦36,000 per pot.

The findings illustrate the broader impact of inflation on household purchasing power in Nigeria, as families adapt their shopping behaviors in response to rising costs.