🇳🇬 FoodPrices.ng

Iyana Ipaja Market Condiments & Oils: Palm Oil Falls ₦7,000 to ₦47,000, Crayfish at ₦14,000 Per Paint, Atajosi 35% Cheaper Than Ipaja Market

Food Prices Lagos Market Update Nigeria
Iyana Ipaja Market Condiments & Oils: Palm Oil Falls ₦7,000 to ₦47,000, Crayfish at ₦14,000 Per Paint, Atajosi 35% Cheaper Than Ipaja Market

The oils and condiments data from Iyana Ipaja Market on March 28 delivers the two largest price declines in today's 89-record dataset — both in oils — alongside a condiments shelf that reveals striking price differences from Ipaja Market three days earlier, despite both sitting within Alimosho LGA. For Alimosho shoppers, these are not abstract data points: they are signals about where to source cooking oil and which specific market offers the better price on each dry condiment.

Palm Oil: -12.96%, Second Cheapest in Lagos

Palm Oil (Local) at Iyana Ipaja Market has fallen 12.96% to ₦47,000 per 25L keg from ₦54,000, with the half keg dropping from ₦27,000 to ₦23,500 (-12.96%). The 5L has risen counter-intuitively from ₦8,000 to ₦9,000 (+12.5%) while the keg falls — consistent with a wholesale supply improvement that has not yet fully filtered through to the smallest retail sizes. The Big Bottle is ₦3,000 and Small Bottle is ₦1,500. At ₦47,000 per keg, Iyana Ipaja sits above only Mile 12 Market's ₦45,000 — making it the second cheapest palm oil sourcing point in the Lagos network. Nairametrics reported that palm oil prices spiked across Lagos during the Ramadan-Eid period as supply chain activity slowed; the Iyana Ipaja keg decline from ₦54,000 to ₦47,000 is consistent with that disruption now easing.

Groundnut Oil: -10% Across the Board

Groundnut Oil (Local) has fallen 10% at the keg level — from ₦60,000 to ₦54,000 per 25L. The half keg (12.5L) is down from ₦30,000 to ₦27,000 (-10%). The 1.5L is down 5% from ₦4,000 to ₦3,800. At ₦54,000 per keg, Iyana Ipaja's groundnut oil matches Ajah Market's ₦54,000 exactly and sits above Mile 12 Market's ₦52,000. According to The Cable, groundnut oil prices have been among the most volatile of all cooking oils tracked in Lagos markets in Q1 2026, with price swings of 10–15% between collection periods becoming common.

Crayfish: ₦14,000 Per Paint — ₦2,000 Above Ipaja

Crayfish Medium at Iyana Ipaja Market is priced at ₦14,000 per paint, ₦7,000 per half paint, and ₦3,500 per derica. The ₦14,000 paint price is ₦2,000 above Ipaja Market's ₦12,000 from the same week. Premium Times reported that Lagos crayfish prices have tripled since early 2024, driven by off-season scarcity along the Cross River and Niger Delta sourcing corridors and rising export demand to diaspora markets. The introduction of the half-paint quantity at Iyana Ipaja (₦7,000) is notable — it makes the commodity accessible to daily shoppers who cannot afford the full paint.

Condiments: Ogbono and Atajosi Cheaper Than Ipaja Market

Ogbono at Iyana Ipaja Market is ₦23,000 per paint and ₦6,500 per derica — ₦2,000 per paint below Ipaja Market's ₦25,000Melon White (Egusi) is ₦7,500 per paint — ₦500 above Ipaja's ₦7,000.

Pepper (Atajosi) at ₦6,500 per paint is 35% below Ipaja Market's ₦10,000Black Pepper at ₦8,000 per paint compares to Ipaja's ₦14,000 — a 43% gap. These intra-LGA price divergences on dry pepper suggest different supplier networks across Alimosho's three monitored markets. According to Vanguard, dry pepper prices in Lagos have been particularly volatile in Q1 2026 as northern supply routes face seasonal disruptions.

Live oil and condiment prices: foodprices.ng/real-time-prices/?market=Iyana+Ipaja+Market

Related Articles

The Central Bank of Nigeria forecasts headline inflation will ease to 12.94% in 2026, down from 21.26% in 2025, citing improved agricultural output, better security in food-producing regions, and declining fuel prices from Dangote Refinery competition.

The Central Bank of Nigeria forecasts headline inflation will ease to 12.94% in 2026, down from 21.26% in 2025, citing improved agricultural output, better security …

6mo ago

AfDB Approves $200 Million Loan to Boost Climate-Smart Agriculture and Food Production in Nigeria

The African Development Bank has approved a $200 million loan to support climate-smart farming in Nigeria, targeting a fivefold increase in wheat output and a …

6mo ago

Fire Destroys Over ₦5 Billion in Goods at Kano's Singer Market — 7 Dead, Over 1,500 Shops Razed

A devastating fire at Kano's Singer Market — northern Nigeria's largest commodity market — has destroyed goods worth over ₦5 billion, killed at least 7 …

6mo ago

Nigeria Loses ₦3.5 Trillion to Post-Harvest Waste Every Year. The FG Just Distributed 95 Pieces of Equipment to One State

The FG just distributed 95 pieces of post-harvest equipment to one state. Nigeria loses ₦3.5 trillion to food waste every year — three times the …

6mo ago