Food Price News & Market Intelligence
Real-time food price analysis, agricultural market updates, and inflation tracking across Nigeria and Africa.
Dangote Cuts Diesel by ₦70 a Litre
Dangote Refinery cut its diesel gantry price by ₦70 to ₦1,780 a litre on 1 October, a 3.8% reduction, and trimmed petrol by ₦25 to …
Swine Fever Crashes Ogun Pig Prices
An African Swine Fever outbreak in Ogun State has cut the price of live pigs from ₦2,000 to ₦2,500 per kg to ₦700 to ₦900 …
250,000 Tractors Planned for Nigerian Farms
Nigeria has seven tractors for every 100 square kilometres of farmland, against a global benchmark of 195, and about 90% of its farming is still …
Onion Bag Triples to ₦250,000 in Lagos
A bag of onions now sells for ₦150,000 to ₦250,000 at Oyingbo Market in Lagos, up from ₦50,000 to ₦70,000 in May, a rise of …
Food Import Bill Hits ₦3.3tn
Nigeria spent ₦3.30 trillion importing food and beverages in the first half of 2026, NBS data shows. The bill jumped from ₦1.39 trillion in the …
Tinubu Vows Cheaper Food at 66
President Tinubu used his Independence Day speech to promise a lower cost of living by cutting what it costs to grow and move food. He …
Food Now Takes Half of Family Income
A Lagos worker on ₦120,000 a month now spends ₦45,000 to ₦55,000 of it on food, up from ₦30,000 to ₦35,000 a year ago. An …
FG Backs 50,000 Farmers in Gombe, Jigawa
The Federal Government says it has supported about 50,000 smallholder farmers in Gombe and Jigawa with fertiliser, seeds and chemicals. In Jigawa, 5,040 farmers received …
Growing Rice Now Costs ₦2.3m a Hectare
It now costs ₦2.2 million to ₦2.3 million to grow one hectare of rice in Nigeria, and fertiliser makes up about 35% of that, a …
₦80m Tractors Push Farmers Toward Clusters
A modern tractor now costs about ₦80 million, far beyond any individual Nigerian farmer, stakeholders told a Lagos Chamber of Commerce symposium. Their answer is …
Livestock Minister Wants Single-Digit Farm Loans
Nigeria's livestock minister wants single-digit loans with at least 10 years to repay, as ranchers now borrow at 16% to 20% over three to four …
Half of NAFDAC's Unsafe Haul Is Food
NAFDAC removed 7,210 unsafe products from Nigerian shelves in three months, and 3,633 of them, or 50.4%, were food and water, The ICIR reports. The …