Nigeria’s Inflation, One Pot of Jollof Rice at a Time
Imagine preparing a pot of jollof rice in Lagos in 2016 versus 2026. The recipe has not changed. Rice, tomatoes, peppers, onions, oil, seasoning, and possibly chicken. But the cost of the pot has multiplied. That is Nigeria’s inflation story. Economists measure inflation using indices and models. Nigerians experience it through food. And no food…
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