TechCabal
The sharp rise in stew preparation costs reflects a broader trend of escalating food prices in Nigeria due to supply chain disruptions and naira depreciation. Food inflation stood at 24.08% in January 2025, down from 39.84% recorded in December 2024, after the National Bureau of Statistics (NBS) implemented a rebased Consumer Price Index (CPI) that altered the weighting of key components in the inflation basket…
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A pot of stew now costs 121.05% more: Breaking down PricePally’s Stew Index Report
John Dare Okafor
04:22
The sharp rise in stew preparation costs reflects a broader trend of escalating food prices in Nigeria due to supply chain disruptions and naira depreciation. Food inflation stood at 24.08% in January 2025, down from 39.84% recorded in December 2024, after the National Bureau of Statistics (NBS) implemented a rebased Consumer Price Index (CPI) that