Ọrẹ Ogunbiyi

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131 appearances 3 recordings 1 series first heard Jun 2026 last heard 16 Jul

Ọrẹ Ogunbiyi’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 2.

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The Intelligence from The Economist · Latin lessons: the Donroe-doctrine boost · 29 Jun 2026 podcast

So the war in Iran makes the diesel costs higher for the trucks.

And then there are seasonal issues that make those costs even higher.

Not everyone has been hit as hard as Nigeria has.

So in Ghana, for example, their government is actually steering a pretty impressive economic recovery.

They returned to single-digit inflation in spite of all that's going on with pricing.

For years, they had had really high inflation, as high as 54% in December of 2022.

But now an average put of Jaloff in Ghana actually works out cheaper in dollar terms than it was in Ghana three years ago.

Ago.

Now, this is likely because the Jaloff basket in Ghana is much more import-dependent.

And because they now have a stronger currency, that's cushion them from the worst of the shocks that we're seeing elsewhere.

So while Ghana's year-over-year inflation has reached single digits, Nigeria's is still much higher over the same time period, which helps explain that divergence.

Well, exactly.

And I think jalof is interesting because it encompasses so many ingredients.

So for some families, it's what people are having the jalof with that they're having to cut back on.

So things like meat.

People are swapping chicken and turkey for instead little bits of tinned or smoked fish instead.

But what this kind of tells us is that even those small, brief price rises, so the kind of inflation we've seen over a couple of months, can be the difference between

whether or not people can afford to make a put of jalof or can't afford any at all.

But to be honest, for the 140 million Nigerians who are still living below the poverty line, Jalof has been a luxury for a very long time.

All right.

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