FoodPrices Nigeria has added Iyana Ipaja Market to its live price monitoring network, with a market analyst capturing 89 verified price points on March 28, 2026. The market sits within Alimosho Local Government Area — the same densely populated zone as Ipaja Market (first monitored March 25) and Ikotun Market (also first monitored March 28). Together, the three Alimosho markets now form the most comprehensively monitored food pricing corridor in Lagos, feeding into an eleven-market network that provides verified price intelligence across the city.
The headline signals from Iyana Ipaja's debut are sharply divergent: long-grain rice is up 16.67% — the steepest single-commodity move recorded across the Lagos network this week — while palm oil has retreated 12.96% from its previous capture. According to BusinessDay, food prices across Lagos have remained under sustained pressure from Ramadan-period logistics disruptions, with post-Eid supply flows only beginning to normalize in late March. Iyana Ipaja's oil price data provides one of the clearest pieces of evidence yet that this normalization is filtering through to the Alimosho corridor, even as rice prices continue their upward trajectory.
Long-Grain Rice: +16.67%, the Sharpest Move in the Network This Week
Imported long-grain rice at Iyana Ipaja Market is priced at ₦70,000 per 50kg bag — up 16.67% from its previous recorded price of ₦60,000. The 25kg bag has risen from ₦30,000 to ₦35,000 (+16.67%), and the paint has moved from ₦5,500 to ₦6,000 (+9.09%). At ₦70,000 per bag, Iyana Ipaja Market is the most expensive monitored market for long-grain rice in Lagos this week — sitting ₦7,000 above Ipaja Market's ₦63,000, ₦5,000 above Ayobo Market's ₦65,000, and ₦2,000 above Ikotun Market's ₦68,000 — all within the same LGA. The Punch reported that long-grain imported rice prices have been climbing steadily since the start of 2026, with distributors citing port handling delays and foreign exchange pressure on import costs as the primary drivers.
Short-grain rice tells a calmer story — up just 1.75% at ₦58,000 per 50kg bag from ₦57,000. The paint is flat at ₦5,000. The divergence between the two rice varieties confirms that the long-grain surge is import-specific rather than a broad rice market shock.
Palm Oil: -12.96%, the Biggest Price Drop in Today's Dataset
Palm Oil (Local) at Iyana Ipaja Market has fallen 12.96% to ₦47,000 per 25L keg from ₦54,000. The half keg (12.5L) has dropped from ₦27,000 to ₦23,500. The 5L has moved counter-intuitively from ₦8,000 to ₦9,000 (+12.5%) — rising at the smaller retail size while the wholesale keg falls, consistent with a market where bulk supply has improved but last-mile distribution costs remain elevated. At ₦47,000 per keg, Iyana Ipaja Market's palm oil is the second cheapest in the Lagos network this week — above only Mile 12 Market's ₦45,000 and well below Sabo Market Yaba's ₦50,000 and Ajah Market's ₦55,000.
Beans: Oloyin Retreating, Drum and Olo Stable
Beans (Oloyin) is down 4.11% at ₦70,000 per 50kg bag from ₦73,000 — continuing the Lagos-wide post-Ramadan wholesale softening. Beans (Drum) is flat at ₦60,000 per bag, while Beans (Olo) debuts at ₦58,000 per bag. According to Nairametrics, beans prices have softened across Lagos wholesale markets in the week following Eid, as post-festival logistics resumed and inter-state supply flows normalized.
Garri: White Up 20% at the Bag, Yellow Makes Its Debut
Garri (White) has risen sharply — up 20% at the bag level from ₦20,000 to ₦24,000 per 50kg bag and from ₦10,000 to ₦12,000 per 25kg bag. The paint is flat at ₦1,200. At ₦24,000 per bag, Iyana Ipaja is the most expensive monitored market for white garri this week — sitting above Ikotun Market's ₦19,000, Ayobo Market's ₦20,000, and Lekki-Jakande Market's ₦21,500. Garri (Yellow) debuts at ₦24,000 per bag — also the most expensive yellow garri in the network this week, sitting ₦6,000 above Mile 12 Market's ₦18,000 and ₦5,000 above Ikotun Market's ₦19,000.
The Speciality Shelf: Ofada, Kabioka, Okababa
Iyana Ipaja Market's most distinctive feature is its specialty grains range. Ofada Rice — Nigeria's premium indigenous rice — is priced at ₦100,000 per 45kg bag and ₦10,000 per paint. Kabioka Rice debuts at ₦60,000 per 50kg bag — a locally popular variety now tracked for the first time on the FoodPrices network. Okababa (Gero) and Okababa (White) — millet and guinea corn varieties also tracked at Ikotun Market — debut here at ₦50,000 per 50kg bag each, significantly above Ikotun Market's ₦23,000 for the same varieties — a striking intra-LGA divergence on specialty grains.
Condiments: Cheaper Than Ipaja on Ogbono and Pepper
Ogbono is ₦23,000 per paint — ₦2,000 below Ipaja Market's ₦25,000. Pepper (Atajosi) is ₦6,500 per paint — 35% below Ipaja's ₦10,000. Crayfish Medium is ₦14,000 per paint — ₦2,000 above Ipaja's ₦12,000.
FoodPrices Nigeria will continue weekly price monitoring at Iyana Ipaja Market. Today's 89 verified price points establish the baseline against which all future collections will be measured.
Live prices: foodprices.ng/real-time-prices/?market=Iyana+Ipaja+Market