Food Prices
Latest news and analysis about Food Prices from FoodPrices.ng.
The Ukraine War Reached Your Kitchen. It Did Not Get There Alone.
Retail wheat flour jumped 17.7 index points the month Russia invaded, and the median country paid 26% more by its 2022 peak. But cassava, a …
Did Nigeria's Local Rice Policy Work?
Imported rice cost 6% more than local rice in 2015. By 2026 it cost 62% more, and in dollars local rice fell 29% while imported …
Nigeria's Food Prices Rose 907% in Naira but Fell in Dollars
World Food Programme data for 2015 to 2026 shows yam up 907% in naira but just 45% in dollars, and for eight of thirteen staples …
Medium Sized Eggs Fall 3.1% in Lagos Despite Rising Fuel and a Year of Climbing Poultry Costs
A crate of Medium Sized Eggs recorded a 3.1% mean price decline in this week's Ministry market survey, an unusual move in a week when …
Yam Prices Drop Sharply in Lagos, Mean Falls 9.6% Against Rising Fuel and a Rising Trend
Medium Sized Yam recorded the steepest decline of any item in this week's Ministry market survey, with its mean Lagos price falling 9.6% to ₦3,055 …
Fuel Up, Naira Up: Why Lagos Rice Fell and Garri Rose in the Same Week
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows yam leading the week's declines with a 9.6% drop while garri posted the …
Garri (White) Leads Lagos Price Increases, Mean Rises 4.2% as Food Inflation Outpaces Headline
A paint of Garri (White) posted the largest mean price increase in this week's Ministry market survey, climbing 4.2% to ₦1,320, in line with a …
Garri (White) Leads Lagos Price Increases, Mean Rises 4.2% as Transport Costs Climb
A paint of Garri (White) posted the largest mean price increase in this week's Ministry market survey, climbing 4.2% to ₦1,320, in a week when …
Yam Prices Drop Sharply in Lagos, Mean Falls 9.6% Even as Fuel Costs Surge
Medium Sized Yam recorded the steepest decline of any item in this week's Ministry market survey, with its mean Lagos price falling 9.6% to ₦3,055 …
Lagos Food Prices This Week: Yam Falls 9.6% as Rice Slides, Garri Climbs and Petrol Hits ₦1,400
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows yam leading the week's declines with a 9.6% drop in its mean price, …
Garri (White) Leads Lagos Price Increases, Mean Rises 4.2% as Food Inflation Outpaces Headline
A paint of Garri (White) posted the largest mean price increase in this week's Ministry market survey, climbing 4.2% to ₦1,320, in line with a …
Yam Prices Drop Sharply in Lagos, Mean Falls 9.6% Against the Year's Rising Trend
Medium Sized Yam recorded the steepest decline of any item in this week's Ministry market survey, with its mean Lagos price falling 9.6% to ₦3,055 …
Lagos Food Prices This Week: Yam Falls 9.6% as a Stronger Naira Pushes Rice Down and Garri Climbs
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows yam leading the week's declines with a 9.6% drop in its mean price, …
The Cheapest Paint of Rice in Lagos Just Got Dearer: Short Grain Hits ₦4,839
Imported Rice (Short Grain) is the cheapest paint measure of rice in Lagos at ₦4,839, and it rose 2.2% this week. Agbalata Market alone quotes …
Only Five Lagos Markets Stock Ijebu Garri, and It Has Become the Cheapest Grade in the City
Garri (Ijebu) averages ₦1,260 a paint this week, marginally below white garri and 16.3% below yellow, on a grade traditionally sold at a premium. Just …
Short Grain Rice Is the Cheapest Paint of Rice in Lagos, and the Mainland Sets the Entire Range
Imported Rice (Short Grain) averages ₦4,839 per paint this week, undercutting both local and long grain rice at the same measure. The island premium is …
Epe Main Market Sells the Cheapest Yam in Lagos and Some of the Dearest Rice and Beans
A medium yam tuber costs ₦2,300 at Epe Main Market and ₦5,000 at Ile-Epo Market, a 117% margin. The same two markets swap positions on …
A 50kg Bag of Rice Now Costs Three Quarters of a Month's Minimum Wage in Lagos
Imported short grain rice averages ₦53,100 for a 50kg bag this week, equal to 75.9% of the ₦70,000 monthly minimum wage. The price is falling, …
A Paint of Oloyin Beans Costs 8.6% of the Minimum Wage at Ajah and 5% at Fresh Food Hub Mushin
Beans are the cheapest protein most Lagos households buy, and the price of a paint ranges from ₦3,500 to ₦6,000 across ten markets this week. …
Yellow Garri Costs Most at the City's Two Outer Edges, Epe and Ajah
Every Lagos market inside the built-up core prices a paint of yellow garri between ₦1,000 and ₦1,600 this week. The two outliers, Epe Main Market …