Business

See Full List Of Crashed Prices Of Food Items Across Nigeria

Food item prices in Nigeria are gradually beginning to drop, providing a sigh of relief to many households struggling with inflation.

A market survey of Lagos and some other major cities shows a steady decline in the cost of staple food items over the past few weeks.

The survey highlights that essential commodities such as rice, maize, and vegetable oil, which had seen steep price increases in recent months, are now becoming more affordable for average consumers.

Below is a list of some current food prices

  • Long-grain foreign rice (50kg) – N82,000 to N85,000 (previously N95,000 to N100,000)
  • Imported short-grain rice (50kg) – N65,000 to N67,000 (previously N80,000 to N90,000)
  • Local parboiled rice (50kg) – Around N89,000 (previously N90,000 to N100,000)
  • Millet (4L paint bucket) – N4,000 (previously N4,500)
  • Guinea corn (4L paint bucket) – N4,000 (previously N4,500)
  • Soya beans (4L paint bucket) – N6,000 (previously N6,500)
  • Wheat (4L paint bucket) – N5,000 (previously N5,500)
  • Yellow dry corn (4L paint bucket) – N3,000 (previously N3,500)
  • White dry corn (4L paint bucket) – N2,500 (previously N3,000)
  • Beans (D’Rica cup) – N1,000 to N1,400 (previously N2,000 to N2,500)
  • Yam (per tuber) – N3,000 (previously N7,000)
  • Yellow garri (paint bucket) – N3,000 (previously N4,000)
  • White garri (paint bucket) – N2,500 (previously N3,000)
  • Garri (60kg bag) – N37,500 to N45,000 (previously higher)
  • Tomatoes (big crate) – N23,000 to N27,000 (previously up to N120,000)
  • Semovita/Semolina (10kg) – N16,000
  • Semovita/Semolina (5kg) – N8,000
  • Kings Vegetable Oil (25L) – N82,000 (previously up to N95,000)
  • Terra Vegetable Oil (25L) – N80,000
  • Fresh groundnut (4L paint bucket) – N7,200 (previously N7,500)
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