Research Analysis

Market Survey: Price of tomatoes, palm oil, rice spike as traders lament low patronage

The survey found that major markets across Lagos state have been hit with low patronage.

Published

8 months ago

June 26, 2020

Alert: Tomato prices are up by over 80% in these Lagos markets, Prices of flour, rice, beans, tomatoes, pepper, others jump, as low patronage hits major markets

Prices of major household items such as tomatoes, palm oil, rice and several others have recorded significant increase across major markets, this is according to the latest household market survey carried out by Nairametrics Research.

The latest household survey conducted by Nairametrics Research Team, revealed that major markets across Lagos state have been hit with low patronage, as traders across complained of low sales due to alternate opening of the markets.

Key Highlights

A big basket of round shaped tomatoes now sells for an average of N16,000 compared to N12,500 recorded in May, which indicates a significant 28% increase. The price of 25 litres gallon of locally made palm oil, which was sold for an average of N10,000 in May rose to an average of N10,750.

Meanwhile, the team found that the price of a big basket of Sweet potatoes reduced significantly by 46.7%, from an initial average of N15,000 to sell for an average of N8,000. Also, a big bag size of dry onions, which was sold for an average of N17,000 now sells for N16,500.

The report also detailed other items that witnessed significant increase in price, items that recorded decrease in price, items that maintained initial prices, special markets and insights.

Items that witnessed price increase

Some of the items that recorded significant increase in price includes;

A 25 litres gallon of locally made palm oil now sells for an average of N10,750. A 7.5% increase compared to N10,000 recorded in the previous month.
Also, a 5 litres gallon of locally produced palm oil also increased by 4.94% to sell at an average of N2,125 compared to an initial average of N2,025.
A big basket of round shaped tomatoes recorded a significant spike as it now sells for an average of N16,000. This indicates a 28% increase when compared to an initial average of N12,500.
Medium-sized basket of round shaped tomatoes that was initially sold for an average of N6,500, has increased by 46.2% to sell for an average of N9,500 while a small basket sells for an average of N6,000 compared to an initial average of N4,000.
A 50kg bag of Mama’s Pride, which was sold for an average of N19,375 in May now cost an average of N21,000 across the four markets.
A 50kg bag of Mama Gold now sells for an average of N21,125. A 3.68% increase compared to N20,375 recorded in May 2020.
A big bag size of Yellow maize spiked by 23.2% to sell for an average of N17,250 compared to N14,000 recorded in the previous month.
A big bag size of White maize also increased by 27.3% to sell for an average of N17,500. A significant change compared to N13,750 recorded in May 2020.
A single pack of 500g Bonita pasta that was initially sold for an average of N208 currently sells for an average of N220.
The smallest basket of Irish potatoes increased slightly by 4.4% to sell at an average of N1,567 compared to an initial average of N1,500.
A bag of Ijebu garri currently sells for an average of N13,375. A 2.88% increase compared to N13,000 recorded in March.

Items that recorded decrease in price

Despite the increase recorded in the price of major household food items, a few items recorded a decline in price

A big sized tuber of yam fell from its thousand mark to sell for an average of N950. This is 24% reduction when compared to an initial average of N1,250.
The price of a big basket of Sweet potatoes recorded decline as it now sells for an average of N8,000 compared to an initial average of N15,000 recorded previously.
A small basket size of Sweet potatoes also reduced in price, as it moved from an average of N1,000 recorded in May to sell for an average of N633.
The price of a big bag of dry onion is currently sold for an average of N16,500. A 2.9% decrease compared to an initial average of N17,000.

Items that maintained initial price

Household items that maintained their initial prices include Milk, Cocoa beverages, vegetable oil, and Flour.

A 400g Peak Powdered (Tin) milk continues to sell for an average of N1,213 while 900g still sells for an average of N2,375.
12.5kg of household cooking gas (Refilling) continues to sell for an average of N3,375 while 5kg cylinder is still filled for an average of N1,375.
500g Milo Tin and 900g still sell for an average of N1,038 and N2,075 respectively across the four markets.
5 Litres and 25 Litres gallon of locally made vegetable oil maintained their initial prices at N2,200 and 12,575 respectively.
The price of Kote and Titus fish continues to sell for N563 and 575 respectively.
Big bag of pepper currently sells for an average of N15,000 at Mile 12 market while the medium-sized bag maintains its initial price of N8,000.

Special Markets

Market traders are feeling the brunt of restrictions imposed in the form of alternate days to open markets as they expressed their dissatisfaction due to low sales in recent weeks. Recall that, Lagos state government ordered food selling markets in the state to only open on Tuesdays, Thursdays and Saturdays of the week as a measure to curb the spread of COVID-19 pandemic.
Due to this alternating market days, sales have reportedly declined by almost half in major markets, as expressed by major traders interviewed by Nairametrics Research.
Oval shaped tomatoes popularly regarded as Yoruba tomatoes was sighted at Mile 12 market during the week. Recall that it had not been available in the past couple of weeks due to harvesting season. Meanwhile, a big basket is sold for an average of N8,500 while a small basket cost N6,500.
Sellers of tomatoes at the market told Nairametric Research that the price of tomatoes is highly volatile and changes from time to time. “basket of tomatoes could be sold for an average of N20,000 in the morning, and by afternoon drop to N9,000. So is the nature of tomatoes price,” Shehu said.

Market Insights

A big bag of dry Bush mango (Ogbono) recorded a decrease in price from an initial N75,000 recorded in May to an average of N70,000 while a bag of melon (egusi) sells for an average of N68,000.
Although the price of Sweet potatoes reduced by 46.7% compared to N15,000 recorded in May, but it is yet to return to its average price of N5,000 being sold earlier in the year.
According to a trader interviewed at Oyingbo market who requested to remain anonymous, she said; “over the years, palm oil price usually goes up during rainy season so we are not surprised that the price of palm oil recorded an increase”.
Price of various locally made rice sighted at Daleko market are given below:

Mama’s Pride (N21,000), Umza (N21,000), Labana (N22,000), Alamzat (N22,000), Big bull (N23,000), Mama choice (N21,000), and Royal Naija (N20,000).

Some other variety of beans and their respective prices; Oloyin beans (Honey beans N14,500), Oloyin pelebe (N15,000), Niger brown beans (N23,000), Maiduguri brown beans (24,000).

Items	Brand	Unit	MUSHIN (18/06/2020)	DALEKO (18/06/2020)	OYINGBO (18/06/2020)	MILE 12 (18/06/2020)	Average	MUSHIN (28/05/2020)	DALEKO (28/05/2020)	OYINGBO (28/05/2020)	MILE 12 (28/05/2020)	Average
Bag of Rice	Basmati	5kg	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Bag of Rice	Mama Gold	10kg	NA	4000	NA	NA	4000	NA	4000	NA	NA	4000
Bag of Rice	Royal Stallion	50Kg	28000	NA	27000	27500	27500	28000	NA	27000	27000	27333.333333333
Bag of Rice	Rice Master	10kg	NA	3500	NA	4000	3750	NA	3500	NA	4000	3750
Bag of Rice	Mama Gold	50kg	22000	21500	21000	20000	21125	20000	20000	21000	20500	20375
Bag of Rice	Caprice	50kg	28000	NA	27500	27500	27666.666666667	28000	27000	27500	27000	27375
Bag of Rice	Mama's Pride	50kg	21000	21000	21000	21000	21000	19500	19000	19500	19500	19375
Bag of Rice	Falcon	25kg	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Bag of Beans	Oloyin	50kg	13000	12500	13000	12500	12750	13000	12500	13000	12500	12750
Bag of Beans	White	50kg	22000	20500	21000	21000	21125	22000	20500	21000	21000	21125
Bag of Beans	Brown	>50kg	20500	19500	21500	21000	20625	20500	19500	21500	21000	20625
Tuber of Yam	Abuja	1 Big Size Tuber	1000	900	900	1000	950	1300	1200	1300	1200	1250
Tuber of Yam	Abuja	1 Medium Size Tuber	650	700	750	700	700	700	700	750	700	712.5
Carton of Noodles	Indomie	305g (Belle full)	2900	2900	2900	2900	2900	2900	2900	2900	2900	2900
Carton of Noodles	Indomie	200g (Hungry man)	3200	3200	3200	3200	3200	3200	3200	3200	3200	3200
Carton of Noodles	Chikki	100g	2000	2200	2100	2100	2100	2000	2200	2100	2100	2100
Carton of Noodles	Minimie	70g	1600	1650	1700	1650	1650	1600	1650	1700	1650	1650
Carton of Noodles	Golden Penny	70g	1400	1400	1400	1400	1400	1400	1400	1400	1400	1400
Bag of Garri	Ijebu	80kg	13000	13500	13000	14000	13375	12500	13000	12500	14000	13000
Bag of Garri	White	50kg	11000	11500	11500	11000	11250	11000	11500	11500	11000	11250
Bag of Garri	Yellow	50kg	12000	12500	12000	12500	12250	12000	12500	12000	12500	12250
Basket of Potato	Sweet	Big Basket				8000	8000				15000	15000
Basket of Potato	Sweet	Small Basket	700		600	600	633.33333333333				1000	1000
Basket of Potato	sweet	Smallest Basket	200		200	200	200				500	500
Basket of Potato	Irish	Biggest Basket				20000	20000				20000	20000
Basket of Potato	Irish	Small Basket			2000	2000	2000				2000	2000
Basket of Potato	Irish	Smallest Basket	1700		1500	1500	1566.6666666667				1500	1500
Packet of Pasta	Golden Penny	500g	4300	4400	4300	4200	4300	4300	4400	4300	4200	4300
Packet of Pasta	Dangote	500g	4100	4100	4200	4100	4125	4000	4100	4200	4100	4100
Packet of Pasta	Power (1 pc)	500g	220	220	220	220	220	220	220	220	220	220
Packet of Pasta	Bonita (1 pc)	500g	230	200	230	220	220	220	200	200	210	207.5
Gallon of Palm Oil	Local	5 Litres	2200	2100	2100	2100	2125	2100	2000	2000	2000	2025
Gallon of Palm Oil	Local	25 Litres	11000	10500	11000	10500	10750	10000	9500	10000	9500	10000
Gallon of Vegetable Oil	Local	5 Litres	2200	2200	2200	2200	2200	2200	2200	2200	2200	2200
Gallon of Vegetable Oil	Local	25 Litres	12600	12400	12900	12400	12575	12600	12400	12900	12400	12575
Gallon of Vegetable Oil	Kings	5 Litres	3000	3000	3000	3000	3000	3000	3000	3000	3000	3000
Gallon of Vegetable Oil	Wesson	5 Litres	3900	3900	3900	3900	3900	3900	3900	3900	3900	3900
Gallon of Vegetable Oil	Mamador	3.8 Litres	2500	2450	2500	2400	2462.5	2500	2450	2500	2400	2462.5
Gallon of Vegetable Oil	Power	3 Litres	1800	1800	1800	1800	1800	1800	1800	1800	1800	1800
Bunch of Plaintain	Plaintain	1 Big Bunch	500	400	450	500	462.5	500	400	450	500	462.5
Bag of Flour	Dangote	50kg	11200	11200	11000	11000	11100	11200	11200	11000	11000	11100
Bag of Flour	Honey well	50Kg	11200	11200	11200	11200	11200	11200	11200	11200	11200	11200
Bag of Flour	Mama Gold	50kg	11000	11300	11000	11000	11075	11000	11300	11000	11000	11075
Milk	Peak Powdered (Tin)	400g	1250	1200	1200	1200	1212.5	1250	1200	1200	1200	1212.5
Milk	peak Powdered(Tin)	900g	2400	2400	2400	2300	2375	2400	2400	2400	2300	2375
Milk	Peak milk (Refill)	500g	1050	1000	1000	1000	1012.5	1050	1000	1000	1000	1012.5
Milk	Dano Powdered (Tin)	500g	1000	1000	1000	1000	1000	1000	1000	1000	1000	1000
Milk	Dano Powdered(Tin)	900g	2000	2000	2000	2000	2000	2000	2000	2000	2000	2000
Milk	Dano (Refill)	500g	850	800	800	800	812.5	850	800	800	800	812.5
Milk	Three Crown (Refill)	380g	720	700	750	700	717.5	720	700	750	700	717.5
Milk	Loya Powdered (Tin)	400g	1000	1000	1000	1050	1012.5	1000	1000	1000	1050	1012.5
Milk	Loya (Refill)	400g	850	800	850	800	825	850	800	850	800	825
Milk	Coast (Refill)	500g	750	750	750	750	750	750	750	750	750	750
Cocoa Beverages	Milo (Tin)	500g	1000	1100	1050	1000	1037.5	1000	1100	1050	1000	1037.5
Cocoa Beverages	Milo (Tin)	900g	2000	2100	2100	2100	2075	2000	2100	2100	2100	2075
Cocoa Beverages	Milo Refill	500g	900	900	900	900	900	900	900	900	900	900
Cocoa Beverages	Bournvita Refill	500g	950	1000	950	900	950	950	1000	950	900	950
Cocoa Beverages	Bournvita (Plastic)	900g	2000	2000	2000	2000	2000	2000	2000	2000	2000	2000
Cocoa Beverages	Ovaltine Refill	500g	800	800	850	850	825	800	800	850	850	825
Cocoa Beverages	Ovaltine(Plastic)	500g	1100	1100	1000	1100	1075	1100	1100	1000	1100	1075
Coffee	Nescafe Classic	50g	600	600	600	600	600	600	600	600	600	600
Tea	Lipton Yellow label	52g	310	290	300	300	300	310	290	300	300	300
Tea	Top tea	52g	300	300	300	300	300	300	300	300	300	300
Sugar	St' Loius Sugar(Cube)	500g	500	550	550	550	537.5	500	550	550	550	537.5
Sugar	Golden Penny Sugar (cube)	500g	350	350	350	400	362.5	350	350	350	400	362.5
Bread	Val-U	1 loaf	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Bread	Butterfield	1 loaf	350	350	350	350	350	350	350	350	350	350
Egg	N/A	Crate	950	1000	1000	1000	987.5	950	1000	1000	1000	987.5
Bottled Water (Refill)	Cway	Refill	600	600	650	600	612.5	600	600	650	600	612.5
Juice	5 Alive	1 litre	600	550	550	600	575	600	550	550	600	575
Juice	Chivita	1 litre	600	550	600	550	575	600	550	600	550	575
Gas	Refilling	12.5kg	3500	3000	3400	3600	3375	3500	3000	3400	3600	3375
Gas	Refilling	5kg	1400	1300	1400	1400	1375	1400	1300	1400	1400	1375
Tomatoes	Big Basket	round shaped				16000	16000				12500	12500
	Medium Basket	round shaped				9500	9500				6500	6500
	Small Basket	round shaped				6000	6000				4000	4000
	Big Basket	Oval Shaped				8500	8500				NA	NA
	Small Basket	Oval Shaped				6500	6500				NA	NA
Fish	Kote (Horse Mackerel)	1 big Fish	550	600	550	550	562.5	550	600	550	550	562.5
Fish	Titus (Mackerel)	1 big Fish	550	600	550	600	575	550	600	550	600	575
Pepper	Big bag					15000	15000				15000	15000
	Medium bag					8000	8000				8000	8000
Maize	Yellow			18000		16500	17250		13000		15000	14000
	White			18000		17000	17500		13000		14500	13750
Melon	Big bag					68000	68000				68000	68000
Onions	Big bag	Dry Onions				16500	16500				17000	17000
Onions	Big bag	New Onions				NA	NA				NA	NA

About Nairametrics Food Price Survey

The Nairametrics Food Price Watch is a bi-weekly household market survey that covers the prices of major food items, with emphasis on five major markets in Lagos – Mushin Market, Daleko Market, Oyingbo Market, Idi-Oro Market and Mile 12 Market.

Related Topics:food items markets Tomatoes

Research Team

Nairametrics Research team tracks, collates, maintains and manages a rich database of macro-economic and micro-economic data from Nigeria and Africa. Our analysts share some of the data collated on Nairametrics, using formats such as docs, tables and charts etc. The team also publishes research based analysis as articles on a regular basis.

2 Comments

Lola
June 27, 2020 at 12:05 am
Well written, well researched. Welldone!!!
Reply
Dom
August 11, 2020 at 12:16 pm
Good information. Thanks.
Please how do I get access to this data once it is available, and past data?
Reply

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Research Analysis

Chart of the day: It’s a V Shaped Recovery

A V-Shaped recovery means the Nigeria economy recovered faster than was expected

Published

2 weeks ago

February 18, 2021

Analysts Nairametrics

The chart above is V-Shaped!

Nigeria’s Bureau of Statistics revealed on Tuesday that Nigeria reported a real GDP Growth rate of 0.11% for the fourth quarter of 2020, the first time following three consecutive quarters of negative GDP growth rate.

Why this matters

A V-shaped recovery means the economy got out of a recession faster than expected.
Several analysts had various predictions on what Nigeria’s economic recovery chart might look like. The predictions were between U, V, L, or W, shaped.
This was also the headline of the Nairametrics Q3 2020 Economic Outlook Webinar where most of our panelists settled for a U-shaped recovery.
Most analysts had opined that Nigeria’s GDP Growth rate will contract again in the 4th quarter of 2020 before eeking our growth in the first quarter of 2021.
However, the latest GDP number indicates a GDP growth rate in the 4th quarter thus a V-shaped recovery.

At 0.11%, this is the slowest GDP Growth rate Nigeria has recorded since the GDP was rebased in 2011. In the second quarter of 2017 when Nigeria also exited a recession, the GDP Growth rate was 0.72% and was considered relatively tepid at the time.

Exclusives

Prices of local rice, onions, tomatoes, others crash as foreign rice continues to ease off

This report contains information on items that witnessed price increase, price decrease, as well as information on special markets and insights.

Published

2 months ago

January 15, 2021

Research Team

prices of food items, SBM Jollof Index, Smuggling of imported rice hits Lagos major markets, as residence brace for shutdown

It appears Nigerians are in for good times in the new year, as the price of bags of local and foreign rice, onions, pepper, tomatoes, amongst others recorded a significant drop in price.

This is according to the latest market survey, carried out by Nairalytics Research – the research arm of Nairametrics.

The survey revealed that the price of a 50kg bag of locally produced rice dipped by 6.4% from an average of N25,375 recorded in December to an average of N23,750 while a bag of foreign rice of the same size now sells for an average of N24,500 as against an initial average of N26,125.

READ: Quality of local rice improves as food prices drop across major markets

Also, the price of a bag of dry onions dropped by 77.5% to sell for an average of N21,500 compared to an initial average of N95,500 while the price of new onions crashed by 74.6% to sell for an average of 16,500.

This report contains information on items that witnessed price increase, price decrease, as well as information on special markets and insights.

READ: Inflation rate jumps to 12.13%, highest in 21 months

Items that witnessed price increase

A big bag of melon that was sold for an average of N43,500 in December now sells for an average of N45,000. This represents an increase of 3.45% in three weeks.
A nylon of crayfish now sells for an average of N14,250, representing an increase of 9.6% compared to an initial average of N13,000.
The price of a big tuber of yam spiked by 31.2% to sell for an average of N1,000 as against an initial average of N763.
Also, a medium-sized tuber of yam now sells for an average of N588, indicating an increase of 11.9% compared to an initial average of N525.
A big basket of sweet potatoes that was sold for an initial average of N5,500, witnessed an increase of 9.1% to sell for an average of N6,000.
The price of a small-sized basket increased by 3.6% to sell for an average of N727 from an initial average of N700.
Also, a big basket of Irish potatoes now sells for an average of 25,000 as against an initial average of N20,000. This represents an increase of 25% in three weeks.

READ: FG warns local rice dealers to desist from price hike

Items that witnessed price decrease

A big basket of round shaped tomatoes that was sold for an average of N15,000 in December, now sells for an average of N6,500. This represents a price decrease of 56.7% in three weeks.
Also, the price of a medium-sized basket of round shaped tomatoes reduced by 64.7% to sell for an average of N3,000 as against an initial average of N8,500.
A big bag of pepper now sells for an average of N7,750. This is 61.3% lower than an average of N20,000 recorded in December while a medium-sized bag currently sells for an average of N3,750 as opposed to an initial average of N10,000.
A 50kg bag of brown beans currently sells for an average of N30,000, representing a 27.7% decline in price compared to an initial average of N41,500.
The price of a 10kg bag of Mama Gold rice dipped by 8.3% to sell for an average of N4,400 compared to an initial average of N4,800.
Also, a 50kg bag of Royal Stallion rice that was initially sold for an average of N26,125 now sells for an average of N24,500 while Mama Gold rice of the same size sells for an average of N24,875 as against an initial average of 26,125.
The price of a carton of full chicken recorded a marginal decrease of 0.29% to sell for an average of N14,125 compared to an initial average of N14,167.
A big bag of Bush mango seeds (Ogbono) that was sold for an average of N115,000 during Christmas festivity, now sells for an average of N105,000. This represents a price decrease of 8.7%.

READ: Why onion has become the “new gold” in Nigeria

Items that maintained initial prices

A crate of eggs continues to sell for an average of N1,200, the same as recorded in December.
A big bag of yellow maize is still sold for an average of N20,167, while a bag of white maize costs an average of N20,000.
A bag of yellow maize sells for an average of N23,333, the same as recorded in December, while white maize of the same size still sells for an average of N23,167.
A 50kg bag of Honey well and Mama Gold flour sells for N13,950 and N13,850 respectively, while a bag of Dangote flour sells for an average of N13,750.
Horse fish (Kote) and Titus fish still sell for an average of N613 and 638 respectively across markets in Lagos.
A 50kg bag of garri (Ijebu) still sells for an average of N14,375, while white and yellow garri sell for an average of N10,750 and N11,125 respectively.
Amongst the list of food items that maintained their initial prices include: noodles, beverages, cocoa drinks, sugar, water, and juice.
A 12.5kg cylinder of cooking gas is filled for an average of N3,975, while a 5kg cylinder is filled for an average of N1,750.

READ: Betting on Bitcoin is better than investing in PayPal, Google, Facebook, Amazon

Special markets/items

Several customers were sighted at Mile-12 market negotiating and transacting with traders at different units of the market as the prices of most food items recorded a significant decline in price compared to the just-concluded year.
In an interview with a tomato seller at Mushin market, Mr. Bala, explained that the decline in the price of tomatoes is due to seasonal fluctuations and increased supply of the food item.
He stated that there has been a huge amount of harvest during this period, which has caused an increased supply of tomatoes coming from the north, and as a result driving the price of the commodity downwards. He however mentioned that oval-shaped tomatoes are not currently in the market, only round-shaped tomatoes were harvested and supplied to the market.
The price of foreign rice has continued to witness a significant decrease in the past four weeks, largely due to the reopening of some land borders across the country. Also, the price of locally produced rice trickled down last week due to the new influx of foreign rice.
According to our correspondent at Daleko market, Mrs. Oladayo, she explained that foreign-made rice is of two types for each of the brands, long and short. A 50kg of the long grain of rice sells for an average of N24,000 in the market, while the bag of short grains sells for an average of N24,000.
Although, a 50kg bag of Big Bull rice sells for an of N24,000 some Nigerian made rice are now selling for as low as N18,000 and N17,000. She however warned that some of these brands are quite stony. For example, Zainab rice sells for an average of N17,000 at Daleko market.

READ: No giving up, Bitcoin gains $5,000

Market insights

In an interactive session with an Onion seller at Mile-12 market, it was revealed that the reason for the significant nosedive in the price of onions was due to bountiful harvest towards the end of December.
According to Muhammed, he said this is a period for onion harvest and it is only normal for the price to decline, although it seemed like a significant decline due to the irregular hike witnessed in the price of onions last year as a result of some string of events, such as insecurity, lack of harvest, etc.
He further mentioned that the reduction in the price of onions is a very positive development for the year, considering the hardship experienced by many Nigerians during the past year.
“We are happy that the price of onions and other food items have dropped in recent times and we hope it continues this way, because the lesser the price, the more customers are likely to buy,” He added.
In a bid to understand the cause of the increase in the price of potatoes, Mr. Audu explained to Nairalytics that the price of potatoes increased due to the effect of seasonal fluctuations.

Items	Brand	Unit	MUSHIN (7/1/2021)	DALEKO (7/1/2021)	OYINGBO (7/1/2021)	MILE 12 (7/1/2021)	Average	MUSHIN (17/12/2020)	DALEKO (17/12/2020)	OYINGBO (17/12/2020)	MILE 12 (17/12/2020)	Average
Bag of Rice	Mama Gold	10kg	4400	4200	4500	4500	4400	4600	4800	4800	5000	4800
Bag of Rice	Royal Stallion	50Kg	25000	24000	25000	24000	24500	26000	25500	26000	27000	26125
Bag of Rice	Rice Master	10kg			NA	4300	4300		5000	NA	4500	4750
Bag of Rice	Mama Gold	50kg	25000	24000	24500	26000	24875	26000	25500	26000	27000	26125
Bag of Rice	Caprice	50kg	25000	22000	24000	25000	24000	26000	25500	26000	27000	26125
Bag of Rice	Mama's Pride	50kg	23000	24000	24000	24000	23750	25500	25000	25000	26000	25375
Bag of Beans	Oloyin	50kg	20000		21000	20000	20333.333333333	20000	21000	21000	20000	20500
Bag of Beans	White	50kg	40000		45000	43000	42666.666666667	40000	43000	45000	43000	42750
Bag of Beans	Brown	50kg	32000	30000	30000	28000	30000	43000	38000	42000	43000	41500
Tuber of Yam	Abuja	1 Big Size Tuber	1000	900	1100	1000	1000	800	750	700	800	762.5
Tuber of Yam	Abuja	1 Medium Size Tuber	550	600	550	650	587.5	550	500	550	500	525
Carton of Noodles	Indomie	305g (Belle full)	3200	3250	3300	3300	3262.5	3200	3250	3300	3300	3262.5
Carton of Noodles	Indomie	200g (Hungry man)	3200	3200	3200	3200	3200	3200	3200	3200	3200	3200
Carton of Noodles	Chikki	100g	2200	2200	2100	2300	2200	2200	2200	2100	2300	2200
Carton of Noodles	Minimie	70g	1900	1750	1700	1800	1787.5	1900	1750	1700	1800	1787.5
Carton of Noodles	Golden Penny	70g	1700	1500	1600	1600	1600	1700	1500	1600	1600	1600
Bag of Garri	Ijebu	80kg	14500	14000	14500	14500	14375	14500	14000	14500	14500	14375
Bag of Garri	White	50kg	10500	11000	11000	10500	10750	10500	11000	11000	10500	10750
Bag of Garri	Yellow	50kg	11000	11000	11500	11000	11125	11000	11000	11500	11000	11125
Basket of Potato	Sweet	Big Basket				6000	6000				5500	5500
Basket of Potato	Sweet	Small Basket	700			750	725	700			700	700
Basket of Potato	sweet	Smallest Basket	400			300	350	400			250	325
Basket of Potato	Irish	Biggest Basket	25000			25000	25000	20000			20000	20000
Basket of Potato	Irish	Medium Basket				2600	2600				2500	2500
Basket of Potato	Irish	Small Basket	1700			1600	1650	1700			1500	1600
Packet of Pasta	Golden Penny	500g	4400	4400	4300	4200	4325	4400	4400	4300	4200	4325
Packet of Pasta	Dangote	500g	4200	4300	4300	4300	4275	4200	4300	4300	4300	4275
Packet of Pasta	Power (1 pc)	500g	250	230	250	230	240	250	230	250	230	240
Packet of Pasta	Bonita (1 pc)	500g	220	230	230	220	225	220	230	230	220	225
Gallon of Palm Oil	Local	5 Litres	2700	2600	2800	2600	2675	2700	2600	2800	2600	2675
Gallon of Palm Oil	Local	25 Litres	13000	13000	13000	13000	13000	13000	13000	13000	13000	13000
Gallon of Vegetable Oil	Local	5 Litres	3400	3400	3500	3400	3425	3400	3400	3500	3400	3425
Gallon of Vegetable Oil	Local	25 Litres	16000	17000	17000	16500	16625	16000	17000	17000	16500	16625
Gallon of Vegetable Oil	Kings	5 Litres	3200	3000	3000	2800	3000	3200	3000	3000	2800	3000
Gallon of Vegetable Oil	Wesson	5 Litres	4500	3900	3900	4300	4150	4500	3900	3900	4300	4150
Gallon of Vegetable Oil	Mamador	3.8 Litres	2500	2450	2500	2800	2562.5	2500	2450	2500	2800	2562.5
Gallon of Vegetable Oil	Power	3 Litres	1900	1800	1800	2200	1925	1900	1800	1800	2200	1925
Bunch of Plaintain	Plantain	1 Big Bunch	500	600	500	600	550	500	600	500	600	550
Bag of Flour	Dangote	50kg	13600	13600	13800	14000	13750	13600	13600	13800	14000	13750
Bag of Flour	Honey well	50Kg	14000	13600	14000	14200	13950	14000	13600	14000	14200	13950
Bag of Flour	Mama Gold	50kg	13800	13600	14000	14000	13850	13800	13600	14000	14000	13850
Milk	Peak Powdered (Tin)	400g	1200	1300	1200	1250	1237.5	1200	1300	1200	1250	1237.5
Milk	peak Powdered(Tin)	900g	2800	2750	2700	2750	2750	2800	2750	2700	2750	2750
Milk	Peak milk (Refill)	500g	1200	1100	1200	1200	1175	1200	1100	1200	1200	1175
Milk	Dano Powdered (Tin)	500g	1200	1200	1100	1200	1175	1200	1200	1100	1200	1175
Milk	Dano Powdered(Tin)	900g	2600	2500	2400	2500	2500	2600	2500	2400	2500	2500
Milk	Dano (Refill)	500g	1000	950	1000	1000	987.5	1000	950	1000	1000	987.5
Milk	ThreeCrown (Refill)	380g	800	750	800	750	775	800	750	800	750	775
Milk	Loya Powdered (Tin)	400g	1000	1100	1100	1050	1062.5	1000	1100	1100	1050	1062.5
Milk	Loya (Refill)	400g	900	800	850	800	837.5	900	800	850	800	837.5
Milk	Coast (Refill)	500g	750	750	750	750	750	750	750	750	750	750
Cocoa Beverages	Milo (Tin)	500g	1500	1450	1500	1450	1475	1500	1450	1500	1450	1475
Cocoa Beverages	Milo (Tin)	1kg	2500	2450	2400	2500	2462.5	2500	2450	2400	2500	2462.5
Cocoa Beverages	Milo Refill	500g	1100	1100	1000	1100	1075	1100	1100	1000	1100	1075
Cocoa Beverages	Bournvita Refill	500g	1300	1300	1200	1300	1275	1300	1300	1200	1300	1275
Cocoa Beverages	Bournvita (Plastic)	900g	2200	2200	2300	2200	2225	2200	2200	2300	2200	2225
Cocoa Beverages	Ovaltine Refill	500g	1000	900	1000	950	962.5	1000	900	1000	950	962.5
Cocoa Beverages	Ovaltine(Plastic)	500g	1500	1500	1450	1400	1462.5	1500	1500	1450	1400	1462.5
Coffee	Nescafe Classic	50g	600	600	600	600	600	600	600	600	600	600
Tea	Lipton Yellow label	52g	300	290	300	300	297.5	300	290	300	300	297.5
Tea	Top tea	52g	300	300	300	300	300	300	300	300	300	300
Sugar	St' Louis Sugar(Cube)	500g	600	600	600	550	587.5	600	600	600	550	587.5
Sugar	Golden Penny Sugar (cube)	500g	400	350	400	400	387.5	400	350	400	400	387.5
Bread	Val-U	1 loaf	450	450	450	450	450	450	450	450	450	450
Bread	Butterfield	1 loaf	450	450	400	450	437.5	450	450	400	450	437.5
Egg	N/A	Crate	1200	1200	1250	1200	1212.5	1200	1200	1250	1200	1212.5
Bottled Water (Refill)	Cway	Refill	600	650	600	600	612.5	600	650	600	600	612.5
Juice	5 Alive	1 litre	550	550	550	600	562.5	550	550	550	600	562.5
Juice	Chivita	1 litre	550	550	600	550	562.5	550	550	600	550	562.5
Gas	Refilling	12.5kg	4000	4000	3900	4000	3975	4000	4000	3900	4000	3975
Gas	Refilling	5kg	1700	1800	1800	1700	1750	1700	1800	1800	1700	1750
Tomatoes	Big Basket	round shaped				6500	6500				15000	15000
Tomatoes	Medium Basket	round shaped				3000	3000				8500	8500
Tomatoes	Small Basket	round shaped				2500	2500				5500	5500
Tomatoes	Big Basket	Oval Shaped				NA					10000	10000
Tomatoes	Small Basket	Oval Shaped				NA					6000	6000
Fish	Kote (Horse Mackerel)	1 kg	650	600	600	600	612.5	650	600	600	600	612.5
Fish	Titus (Mackerel)	1 kg	600	650	650	650	637.5	600	650	650	650	637.5
Pepper	Big bag		8000			7500	7750				20000	20000
Pepper	Medium bag		4000			3500	3750				10000	10000
Maize	Yellow			25000	22000	23000	23333.333333333		25000	22000	23000	23333.333333333
Maize	White			25000	22500	22000	23166.666666667		25000	22500	22000	23166.666666667
Melon	Big bag		45000			45000	45000	43500			43500	43500
Onions	Big bag	Dry Onions	26000			17000	21500	94000			97000	95500
Onions	Big bag	New Onions	20000			13000	16500	65000			65000	65000
Bush mango seed	(Ogbono)	1 big bag				105000	105000				115000	115000
Frozen food	Full chicken	Carton	14000	14500	14000	14000	14125	14500		14000	14000	14166.666666667
Frozen food	Chicken lap	Carton	13500	14000	14000	14000	13875		14000	14000	14000	14000
Frozen food	Turkey	Carton	18000		18500	19000	18500	19000		19000	19000	19000
Crayfish	Nylon				14000	14500	14250			12500	13500	13000

About Nairametrics Food Price Survey

Nairametrics Food Price Watch is a bi-weekly Household Market Survey that covers the prices of major food items in Nigeria, with emphasis on five major markets in Lagos – Mushin market, Daleko market, Oyingbo market, Idi-Oro market, and Mile 12 market.

Nairametrics

Market Survey: Price of tomatoes, palm oil, rice spike as traders lament low patronage

Research Analysis

Market Survey: Price of tomatoes, palm oil, rice spike as traders lament low patronage

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Research Analysis

Chart of the day: It’s a V Shaped Recovery

Why this matters

Exclusives

Prices of local rice, onions, tomatoes, others crash as foreign rice continues to ease off

Items that witnessed price increase

Items that witnessed price decrease

Items that maintained initial prices

Special markets/items

Market insights

About Nairametrics Food Price Survey

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