🇳🇬 FoodPrices.ng

Lagos Cross-Market Update: Iyana Ipaja Joins an Eleven-Market Network — Most Expensive for Long-Grain Rice and Garri, Second Cheapest for Palm Oil, and Cheaper on Ogbono and Dry Pepper Than Its Alimosho Neighbours

Food Prices Lagos Market Update Nigeria
Lagos Cross-Market Update: Iyana Ipaja Joins an Eleven-Market Network — Most Expensive for Long-Grain Rice and Garri, Second Cheapest for Palm Oil, and Cheaper on Ogbono and Dry Pepper Than Its Alimosho Neighbours

FoodPrices Nigeria's Lagos monitoring network expanded to eleven markets on March 28, 2026, with both Iyana Ipaja Market and Ikotun Market joining on the same day. The network now covers AgegeAjahAyoboIkotunIpajaIyana IpajaLekki-JakandeMile 12MushinOshodi, and Sabo Market Yaba, with 467 verified price points across the full network for the period March 19–28. The addition of Ikotun fundamentally reshapes several commodity rankings — and places Iyana Ipaja in clearer perspective within the Alimosho corridor.

Long-Grain Rice: Iyana Ipaja Most Expensive in Lagos

Long-grain rice at 50kg: Ipaja ₦63,000 → Ayobo ₦65,000 → Sabo Market Yaba ₦65,000 → Ikotun ₦68,000 → Iyana Ipaja ₦70,000 → Ajah ₦73,000. At ₦70,000, Iyana Ipaja is the most expensive monitored mainland Lagos market for long-grain rice — ₦7,000 above Ipaja and ₦2,000 above Ikotun, both within the same LGA. According to The Guardian Nigeria, intra-LGA price gaps of this magnitude on rice reflect highly localized supplier networks, where individual market's sourcing relationships with distributors determine price more than geography.

Short-Grain Rice: Iyana Ipaja Mid-Range

Short-grain rice at 50kg: Ayobo ₦54,000 → Ikotun ₦54,000 → Sabo ₦55,000 → Ipaja ₦56,000 → Iyana Ipaja ₦58,000 → Lekki-Jakande ₦60,000 → Ajah ₦63,000. Iyana Ipaja is mid-range — ₦4,000 above the joint cheapest (Ayobo and Ikotun) and ₦5,000 below Ajah.

Oloyin Beans: Iyana Ipaja Above the Alimosho Cluster

Oloyin beans at 50kg: Ayobo ₦60,000 → Ikotun ₦60,000 → Sabo ₦60,000 → Mile 12 ₦65,000 → Mushin ₦65,000 → Ipaja ₦65,000 → Iyana Ipaja ₦70,000 → Ajah ₦74,000 → Lekki-Jakande ₦77,000. At ₦70,000, Iyana Ipaja is ₦10,000 above Ikotun — sharing an LGA but diverging significantly on this flagship bean variety.

Garri: Iyana Ipaja Most Expensive in the Network

White garri at 50kg: Ikotun ₦19,000 → Ayobo ₦20,000 → Lekki-Jakande ₦21,500 → Iyana Ipaja ₦24,000Yellow garri at 50kg: Mile 12 ₦18,000 → Ikotun ₦19,000 → Ayobo ₦20,000 → Lekki-Jakande ₦21,500 → Ipaja ₦22,000 → Iyana Ipaja ₦24,000. Iyana Ipaja is the most expensive monitored market for both garri types this week, sitting ₦5,000 above its nearest Alimosho neighbour Ikotun.

Palm Oil: Iyana Ipaja Second Cheapest in Lagos

Palm Oil (Local) at 25L: Mile 12 ₦45,000 → Iyana Ipaja ₦47,000 → Sabo ₦50,000 → Ajah ₦55,000. For bulk palm oil buyers, Iyana Ipaja is the second most competitive sourcing point in Lagos — ₦8,000 below Ajah and comfortably below the island-facing axis.

Condiments: Iyana Ipaja Beats Ipaja on Ogbono and Dry Pepper

Ogbono at ₦23,000 per paint beats Ipaja's ₦25,000 by ₦2,000. Atajosi pepper at ₦6,500 per paint is 35% below Ipaja's ₦10,000Black pepper at ₦8,000 per paint is 43% below Ipaja's ₦14,000. Crayfish runs the other way: ₦14,000 per paint at Iyana Ipaja vs ₦12,000 at Ipaja — a ₦2,000 premium.

The Arbitrage Map for Alimosho Buyers

The three Alimosho markets now provide enough cross-market data to give concrete sourcing guidance. For long-grain rice and garri — buy at Ikotun Market. For palm oil — Iyana Ipaja is the best Alimosho option. For ogbono and dry pepper — Iyana Ipaja beats Ipaja Market. For short-grain rice and Oloyin beans — Ikotun and Ipaja Market offer the best prices. No single market wins across all commodities. The FoodPrices network now provides the verified data to navigate these differences with confidence.

All eleven Lagos market prices are live at foodprices.ng/real-time-prices/

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