Oshodi Market has had price data on the FoodPrices Nigeria platform since January 2026, but until this week all of it came from anonymous entries - prices without seller names or phone numbers attached. This week's visit changes that. Mr Taiwo is now the first verified, named seller on record at Oshodi, and his prices establish a proper baseline for one of Lagos's most commercially dense markets.
Because Mr Taiwo is a first-time capture, everything here is a baseline rather than a movement. There is no prior data from the same seller to compare against. What we can do is note where his prices sit relative to the anonymous January data and relative to other markets FoodPrices tracked this week - with the clear caveat that differences between anonymous January data and Mr Taiwo's April prices reflect different sellers, not confirmed price changes.
Imported Rice (Short Grain) is quoted by Mr Taiwo at N65,000 per 50kg bag, N32,500 for the half, N5,500 for a paint bucket and N1,000 for a derica. The anonymous January data for this market showed N70,000 per bag at that time, but given it came from an unverified source we treat Mr Taiwo's N65,000 as the first reliable data point rather than evidence of a price fall. What is clear is that at N65,000, Oshodi is the most expensive market for short grain rice among all the markets FoodPrices captured this week. Agege and Ayobo are both at N54,000. Iyana Ipaja is at N60,000. Buyers in Oshodi who are sourcing rice in bulk and have access to transport have a financial incentive to look outside this market. The FoodPrices compare tool puts all of these numbers side by side.
Beans (Oloyin) is at N60,000 per 50kg bag and N30,000 for the half, with a paint at N4,500 and a derica at N1,100. Beans (Drum) matches Oloyin at the bag level - N60,000 for 50kg and N30,000 for the half - with a paint at N4,500 and a derica at N900. These prices are in line with what verified sellers are quoting at Ikotun and Ayobo this week, suggesting reasonable market alignment for beans across these three markets despite their different locations and catchment areas.
Garri (White) retail units are at N1,400 for a paint bucket and N500 for a derica. Bag-level prices for garri were not captured from Mr Taiwo this week. The anonymous January data showed N22,000 for a 50kg bag, but again, different source, different seller - we hold that comparison loosely.
The standout data point from Oshodi this week is the oils shelf. Kings Vegetable Oil is quoted at N34,000 for a 10-litre container and N18,500 for 5 litres. The 10-litre unit works out to N3,400 per litre, while the 5-litre unit is N3,700 per litre - a clear incentive for bulk buyers to go for the larger size. The anonymous Oshodi data from January showed Kings 5L at N12,000, but that is an unverified entry from a different source and we do not treat the gap to N18,500 as a confirmed price increase. What we can say is that N18,500 for Kings 5L is consistent with what FoodPrices is seeing at other Lagos markets this period, and the 10L at N34,000 is a first capture for this size at Oshodi. According to Nairametrics, vegetable oil prices across Lagos have been under sustained upward pressure since mid-2025, driven by global soy and palm oil price movements and the pass-through effect of import costs in a weaker naira environment. The FoodPrices historical prices tool will track how Kings Oil prices at Oshodi move from this baseline going forward.
With Mr Taiwo now on record, Oshodi has its first anchor seller for ongoing price monitoring. Future visits to this market will be able to distinguish genuine price movements from cross-seller variation - the same discipline that is now producing reliable trend data at Ayobo and Iyana Ipaja. Live prices at foodprices.ng/real-time-prices.