Cheaper chicken, vegetable oil drive 11.5% fall in jollof rice cost – Report

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Cheaper chicken, vegetable oil drive 11.5% fall in jollof rice cost – Report

AI Summary

A report found that the cost of preparing jollof rice fell 11.5%, driven mainly by cheaper chicken and vegetable oil. Rice prices contributed little to the overall decline across the 13 markets examined.

The report also noted that rice prices contributed little to the latest decline, with the staple's combined price movement across the 13 markets amounting to just N50. The post Cheaper chicken, vegetable oil drive 11.5% fall in jollof rice cost – Report appeared first on Premium Times Nigeria.

Markets Commodities jollof rice food prices chicken vegetable oil Nigeria consumer costs market report

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