This Holiday Season, Nigerians May Face Higher Prices on Staple Foods
With Christmas just around the corner, many Nigerians are anticipating a surge in food prices. As demand rises, market trends often take a predictable turn, characterized by panic buying and bulk purchases.
Retailers at various markets across the country have voiced concerns about the likely price hikes, attributing it to increased demand and potential disruptions in the supply chain.
To ensure that food remains accessible to all Nigerians, the government and market stakeholders are being urged to closely monitor market activities and take action against unfair pricing practices.
To help consumers plan their holiday meals, we have compiled the current prices of essential food items:
Current Prices of Bagged Rice
My Choice Rice: ₦96,000 per bag
Mama’s Pride Rice: ₦95,000 per bag
Khemji Rice: ₦103,000 per bag
25kg bag: ₦47,500
Current Prices of Bagged Beans
Sweet Pure Butter Beans 50kg: ₦160,000
Soyabeans Very Dried: ₦130,000
Peleed Beans for Moi Moi 20kg: ₦80,000
Neat and Picked Pure Oloyin Sweet Beans 2.5kg: ₦8,500
Current Prices of Garri
Bag Of Garri 50kg: ₦55,000
100 kg Bag of Garri: ₦100,000
Current Prices of Tomatoes
Fresh Derica Tomatoes (Big Basket): ₦180,000
Medium Basket: ₦95,000
Small Basket: ₦40,000
Royal Sun Plum Tomatoes (By 24 Cans): ₦32,000
Current Prices of Spaghetti
Golden Penny Spaghetti (500g × 20 carton): ₦28,000
Current Prices of Palm Oil
5 litre gallon: ₦7,500
25 litre gallon: ₦55,000
