Food prices across Lagos markets came close to a standstill in the week of 25 September 2026. FoodPrices Nigeria analysis of the Lagos State Ministry of Agriculture and Food Systems market survey shows that of 21 product and unit lines tracked, 10 recorded no change at all in their mean price, 8 slipped and only 3 rose. Not a single line fell by 1% or more, and only two rose by that margin, both of them rice lines that FoodPrices Nigeria covers separately this week.
The stillness follows a fortnight in which Lagos markets recorded more falling prices than rising ones. Nationally, the National Bureau of Statistics put headline inflation at 15.39% in August, as reported by Channels Television.
Beans Pause After Two Weeks of Gains
All four beans lines held exactly level. Beans (Oloyin) averaged ₦4,910 per paint across 10 markets and ₦972 per derica across 9 markets. Beans (Drum) averaged ₦4,460 per paint across 10 markets and ₦878 per derica across 9 markets. Beans had risen in each of the two previous weeks, and Legit.ng reported in September that traders had announced new beans prices across major Lagos markets while consumers cut purchase volumes. A flat week is the first sign that the climb may be stalling.
Wholesale data points the same way. The Nairametrics Food Price Watch for September found a bag of Oloyin beans down 8.54% from ₦82,000 to ₦75,000 across four Lagos markets, and quoted a trader saying more maize, beans and garri are entering Lagos markets. Retail paint and derica prices have not yet followed the bag price down, but they have stopped rising.
Location still matters a great deal. Agege Market was the dearest market for all four beans lines. Oloyin sold for ₦5,500 a paint at Agege against ₦4,100 at Agbalata Market, a 34.1% premium. Drum beans cost ₦5,000 a paint at Agege and ₦4,000 at Mile 12 Market, a 25% gap. At derica level, Oloyin ranged from ₦800 at Mile 12 to ₦1,100 at Agege, a 37.5% spread.
Garri Holds Its Ground
Garri was equally steady. Garri (Yellow) eased 0.2% from ₦1,380 to ₦1,378 per paint across 9 markets. Garri (White) held at ₦1,260 per paint across 10 markets and Garri (Ijebu) at ₦1,200 across 5 markets. That stability sits alongside sharp wholesale falls: Nairametrics reported 50kg bags of yellow garri down 14.29% to ₦18,000 and white garri down 11.36% to ₦19,500 in September.
Mile 12 offered the cheapest yellow and Ijebu garri at ₦1,000 a paint each, while Oyingbo Market was cheapest for white garri at ₦1,000. The dearest yellow garri was at Agege at ₦1,600, a 60% premium on Mile 12. White garri topped out at ₦1,500 at Sabo Market Yaba and Ijebu garri at ₦1,400 at Ajah Market.
What the Week Signals
For households, a flat week means the savings now come from where they shop rather than when they buy. A family buying two paints of Oloyin beans and two paints of yellow garri a month at Agbalata and Mile 12 instead of Agege pays ₦10,200 against ₦14,200, a saving of ₦4,000 a month on two staples alone.
Live prices: foodprices.ng/real-time-prices