Food Prices
Latest news and analysis about Food Prices from FoodPrices.ng.
Research: One Country Holds Half the World's Grain Reserves
China holds 53% of the world's wheat, rice and maize reserves with 17% of its people. Meanwhile a Yemeni family pays $10.62 for a kilogramme …
Research: The Poorest People Pay the Most for Food. Here Is the Proof
A kilogramme of rice costs $0.74 in Colombia and $0.46 in Burundi. The Burundian pays less. But that kilogramme takes 88% of a day's average …
What ₦10,000 of Food Bought in 2020, and What It Buys Today
In 2020 a basket of rice, beans, garri and oil cost ₦5,111 in Lagos, so ₦10,000 bought nearly two of them. That same basket now …
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 Since 2015 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 …