Recent market surveys have revealed notable fluctuations in the prices of essential food items across Nigeria.
While some staple goods have seen reductions in cost, others have risen, underscoring the ever-changing dynamics of the nation’s food economy.
Rice
- 50kg Bag: Prices range from ₦62,000 to ₦120,000, varying based on location and quality.
Tomatoes
- Basket: A small basket is currently priced at around ₦3,500, with fluctuations between ₦8,000 and ₦9,000 due to factors such as seasonality and regional availability.
Yams
- Tuber: A large tuber sells for approximately ₦2,500 in markets such as Abuja and Onitsha.
Garri (Cassava Granules)
- 60kg Bag: Currently priced at about ₦37,500, marking a decrease from previous levels.
Chicken
- 1kg: Costs approximately ₦4,000, though regional variations apply.
Beef
- 1kg (Boneless): Averages around ₦6,000, with prices differing across various markets.
The ongoing shifts in food prices reflect a combination of economic factors, seasonal changes, and regional supply chain dynamics, emphasizing the need for continued monitoring of market trends.
