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Garri (White) Leads Lagos Price Increases as Fuel Costs Jump, Mean Rises 4.2%

Agriculture FoodInflation FoodPrices FoodSecurity Garri Lagos Markets MarketSurvey Market Update Nigeria
Garri (White) Leads Lagos Price Increases as Fuel Costs Jump, Mean Rises 4.2%

Garri (White) recorded the largest mean price increase of any item in the Ministry of Agriculture and Food Systems' Lagos market survey for the week of 24 July 2026, rising 4.2% from ₦1,267 to ₦1,320 for a paint measure.

This Week's Mean Price

The mean was calculated across ten Lagos markets. The cheapest paint was recorded at ₦1,000 in Oyingbo Market, while the priciest reached ₦2,000 in Ajah Market, one of the widest spreads recorded in this week's survey.

What's Driving The Move

The most immediate factor sits inside the survey week itself. Dangote Petroleum Refinery resumed naira sales of petrol on 22 July at a gantry price of ₦1,215 per litre, up from ₦1,075 before it suspended sales on 14 July, an increase of ₦140 or 13.02%. Blueprint and Daily Post reported the change, and Daily Post noted that depot owners and marketers had already raised prices at least twice during the preceding week, pushing retail pumps in Abuja and its environs to between ₦1,270 and ₦1,350 per litre.

Garri is produced domestically and moves to Lagos markets by road, so haulage costs pass into wholesale prices quickly. Garri was one of three items to rise in this survey, alongside Garri (Ijebu) and Beans (Drum), all of them road-freighted domestic staples. Imported rice, which is priced off the exchange rate and the tariff schedule rather than the diesel pump, fell over the same week.

The national picture was already pointing upward before the fuel move. The NBS Consumer Price Index report for June 2026, released in mid-July and covered by Vanguard, Premium Times and Leadership, showed food inflation climbing to 3.75% month-on-month from 2.98% in May, even as headline inflation eased slightly to 15.91%. Vanguard's account listed the items behind the food index increase, and garri was among them. The Central Bank's Monetary Policy Committee, meeting on 20 and 21 July, attributed that food inflation acceleration largely to supply constraints while holding the benchmark rate at 26.5%.

The annual context runs the other way and is worth stating plainly. NBS Selected Food Price Watch data for April 2026, reported by Nairametrics, This Day and Punch in June, showed white garri sold loose at ₦808.96 per kilogram, down 39.86% from ₦1,345.10 a year earlier, but up 0.93% on March 2026. Garri is therefore far cheaper than it was in 2025 while still ticking upward month to month, and it is that short-term direction the June CPI and this week's Lagos mean have both picked up.

For live, continuously updated prices across all markets in this survey, visit https://foodprices.ng/real-time-prices.

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