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In economics, inflation is a general increase in the prices of goods and services in an economy. This is usually measured using a consumer price index (CPI). When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of CPI inflation is deflation, a decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices faced by households do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose.
Jambalaya is a savory rice dish that developed in the U.S. state of Louisiana fusing together African, Spanish, and French influences, consisting mainly of meat or seafood, and vegetables mixed with rice and spices. West Africans and Spanish people each had versions of jambalaya in their respective countries. Historian Ibraham Seck states Senegalese people were making jambalaya. The French introduced tomato to West Africans and they incorporated the crop into their one-pot rice dishes that created jambalaya and enhanced jollof rice. Spanish people made paella which is also a one-pot rice dish cooked with meats and vegetables. These styles of cuisines blended in Louisiana and resulted in cultural and regional variations of the dish.
Jollof, or jollofrice, is a rice dish from West Africa. The dish is typically made with long-grain rice, tomatoes, chilis, onions, spices, and sometimes other vegetables and/or meat in a single pot, although its ingredients and preparation methods vary across different regions. The dish's origins are traced to Senegal.
Ghanaian cuisine refers to the meals of the Ghanaian people. The main dishes of Ghana are centered around starchy staple foods, accompanied by either a sauce or soup as well as a source of protein. The primary ingredients for the vast majority of soups and stews are tomatoes, hot peppers, and onions. As a result of these main ingredients, most Ghanaian jollof rice, soups, and stews appear red or orange.
Agriculture is a major sector of the Nigerian economy, accounting for up to 35% of total employment in 2020. According to the FAO, agriculture remains the foundation of the Nigerian economy, providing livelihood for most Nigerians and generating millions of jobs. Along with crude oil, Nigeria relies on the agricultural products it exports to generate most of its national revenue. The agricultural sector in Nigeria comprises four sub-sectors: crop production, livestock, forestry, and fishing.
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Concoction rice is a home-made food in Nigeria prepared instead of jollof rice or conventional white rice. The major ingredients used in making the food include rice, vegetable oil and salt. It is referred to as concoction rice since vegetable oil is replaced by palm oil.
Cryptocurrency in Nigeria describes the extent of cryptocurrency use, social acceptance and regulation in Nigeria. Nigerians are one of the major global users of cryptocurrencies.
References
- ↑ Endurance, Okafor (2019-05-10). "What SBM's Jollof index says about inflation in Nigeria's regions". Businessday NG. Retrieved 2024-05-15.
- ↑ Osae-Brown, Anthony (October 30, 2023). "Nigeria's Rising Food Prices Hit Nation's Beloved Jollof Dish". Bloomberg. Retrieved May 15, 2024.
- ↑ Erezi, Dennis (2022-04-28). "Jollof Index, Chicken Republic, inflation and changing food consumption patterns". The Guardian Nigeria News - Nigeria and World News. Retrieved 2024-05-15.
- ↑ Adetayo, Ope. "How inflation made West Africa's prized jollof rice a pricey meal". Al Jazeera. Retrieved 2024-05-15.
- 1 2 Osae-Brown, Anthony, and Tope Alake. 2019. "Christmas Dinner in Nigeria This Year Misses One Key Ingredient." Bloomberg.
- 1 2 Taylor, Adam. (7 May 2021) "A Surge in Global Food Prices Puts Staple Meals out of Reach." The Washington Post
- ↑ Cost Of Preparing Jollof Rice In Nigeria Triples In Seven Years . Retrieved 2024-05-15– via www.youtube.com.
- ↑ Osae-Brown, Anthony (2024-12-27). "Rice Prices Surge to Record in Nigeria as Tinubu's Food Policies Falter". BNN Bloomberg. Retrieved 2024-12-28.
- ↑ Salako, Pelumi. "Nigeria's celebratory 'detty December' turns sombre amid economic woes". Al Jazeera. Retrieved 2024-12-28.