The meaning of “riddle me that”

Solution 1:

Riddle me that is an idiom that means: Go ahead and try to explain that to me.

It trades upon the secondary meaning of riddle which is to solve or explain a riddle to someone. Link to definition here.

So essentially when someone says "Riddle me that (or this)" they are saying:

I find the statement I just made to be puzzling to the point where I consider it to be a riddle. Go ahead and try to explain it to me.

When someone says that, they typically don't expect an answer to be easily forthcoming.