Nigeria faces rising food prices amid economic crisis

Federico Borello Interim Executive Director
Federico Borello Interim Executive Director - Human Rights Watch
0Comments

Several West African countries, including Nigeria, Ghana, Senegal, and Gambia, compete over who makes the best jollof rice. However, in Nigeria, this staple is becoming a luxury due to soaring inflation and slow government support.

Last month, SBM Intelligence released its latest SBM Jollof Index. The report titled “Staple Under Stress” tracked food costs from September 2024 to March 2025, revealing that the cost of cooking one pot of jollof rice in Nigeria rose to ₦25,486 from ₦21,300, marking a 19 percent increase. Prices for essential ingredients like rice, onions, tomatoes, and peppers have surged.

According to news and academic reports, Nigeria is experiencing its worst cost-of-living crisis in nearly three decades. PricewaterhouseCoopers warned in its January 2025 Nigeria Budget and Economic Outlook that inflation combined with inadequate social protection could push up to 13 million Nigerians into poverty this year.

The recovery from economic challenges triggered by the Covid-19 pandemic has been hampered by poor policy decisions. One such decision was the removal of a fuel consumption subsidy in 2023 without sufficient compensatory measures.

While moving away from fossil fuel subsidies is critical for governments to promote renewable energy transition, it is equally important that they implement adequate compensatory measures allowing low-income households access to essentials such as power and transport.

Nigeria lacks a comprehensive social security system guaranteeing income support throughout a person’s lifetime. As of 2022, only 14.8 percent of the population had access to at least one social protection benefit.

In October 2023, the government announced a ₦25,000 monthly cash transfer for three months to help cushion inflation’s impact on 15 million households. However, only about 5 million households have received payments so far. A government official told Human Rights Watch that implementation has been slow due to efforts to “improve accountability” by linking the National Social Registry with the National Identification Number system.

Such programs are often costly to administer and prone to high exclusion errors. They also tend to burden beneficiaries with bureaucratic hurdles and stigmatization.

Authorities should consider building a universal rights-aligned social security system backed by clear strategies and progressive funding for comprehensive support delivery.

Only then can staples like jollof rice remain accessible not just to a privileged few but enjoyed by all.



Related

Tom Burke, national president, Vietnam Veterans of America

Vietnam Veterans of America says House provision establishing toxic exposure offices across VA ‘long overdue’

Vietnam Veterans of America praised a House Appropriations Committee provision that would establish individual Toxic Exposure offices within every Veterans Integrated Service Network (VISN) in the Department of Veterans Affairs.

Pablo Hernández, Resident Commissioner from Puerto Rico

Resident Commissioner announces $33.5 million for Fort Buchanan

Resident Commissioner Pablo José Hernández announced that Congress will consider a bill allocating funds to military infrastructure in Puerto Rico, including a major investment at Fort Buchanan. The proposal also includes expanded support services through the Department of Veterans Affairs.

Pablo Hernández, Resident Commissioner from Puerto Rico

Resident Commissioner announces over $39.6 million in FEMA funds for Puerto Rico projects

More than $39.6 million in FEMA funding has been allocated to support reconstruction across Puerto Rico following recent disasters. Resident Commissioner Pablo José Hernández Rivera says these investments will aid schools, municipalities, public safety agencies, and health initiatives.

Top Headlines: