Research Analysis
Prices of beans, potatoes, palm oil, others jump as traders lament hike, seasonal scarcity
The prices of household items across major markets in Nigeria’s commercial hub, Lagos state, have continued in the upward trajectory. Staples such as beans, potatoes, palm oil, and melon recorded significant jump, according to the latest Household Market Survey carried out by Nairametrics Research.
According to the latest report, the price of a big bag of beans (Oloyin) increased significantly by 19.9% N24,875, up from an average of N20,750 two weeks ago. Also, a big basket of sweet potatoes initially which sold for an average of N14,500, jumped an average of N18,000 indicating a 24.1% increase in price within two weeks.
Despite the significant jump in prices, a few household items recorded a slight decline in prices. A bag of white garri dropped to an average of N12,325 compared to N13,325 recorded last month, while a bag of yellow garri now sells for an average of N11,625.
Details of items that recorded an increase in price, items that recorded price decline, items that maintained the same prices and key insights were included in the report.
READ MORE: Poultry owners jack up prices of chickens, others, as Nigerians abandon imported frozen foods
Items that witnessed price increase
- A big basket of sweet potatoes that was initially sold for an average of N14,500 is now being sold for N18,000, indicating a 24.1% increase in price.
- A big bag of melon that was initially sold for an average of N42,000 late in July is now being sold for an average of N46,500.
- A 5 litres gallon of palm oil increased by 18.8% to sell for an average of N2,525 while a 25 litres gallon now sell for an average of N13,000 compared to N11,000 recorded last month.
- 5 litres gallon of vegetable oil sells for an average of N2,350 as against an initial average of N2,275, representing a 3.3% increase in price.
- A bunch of plantain now sells for an average of N513 compared to N463 recorded in the last report.
- The price of a big bag of Bush mango seed (Ogbono) spiked by 26.7% from N75,000 recorded two weeks ago to sell for an average of N95,000.
- A big bag of melon now sells for an average of N46,500 compared to N42,000 recorded late last month.
- A 50kg bag of foreign rice (Caprice) now sells for an average of N29,333 compared to N25,500 indicating 2.9% increase in price.
- A 50kg bag of local rice also spiked by 5.1% to sell for an average of N23,125 compared to N22,000 recorded last month.
- A 50kg bag of white beans that was initially sold for an average of N30,500 now sells for an average of N32,000. This represents 4.9% increase in price.
READ MORE: Prices of food items jump across Lagos markets, as traders lament transport fare hike
Items that witness decrease in price
Some of the items that recorded a slight decrease in price compared to two weeks ago include:
- The price of a big basket of round shaped tomatoes declined by 3.3% to sell for an average of N14,500 compared to N15,000 initially recorded.
- A medium-sized basket of round shaped tomatoes also sells for an average of N8,500 from an initial average of N10,000 indicating a 15% reduction in price.
- A bag of white garri now sells for an average of N12,325, recording 7.5% decrease in price from an average of N13,325 while yellow garri sells for an average of N11,625.
- A big nylon of crayfish that was initially sold for an average of N17,000 now sells for N13,000. It witnessed 25.5% reduction in price.
Items that maintained initial prices
- A 10kg bag of Rice master still sells for an average of N4,000.
- A carton of 210g sized of Indomie continues to sell for an average of N3,200 across Lagos markets.
- The price of Ijebu garri remains unchanged as it still sells for an average of N13,375.
- The prices of the frozen foods maintain their initial prices as a carton of full chicken and Chicken lap sells for an average of N12,500 while a carton turkey sells for N14,200.
- A big bag of yellow maize still sells for an average of N19,667 while a big bag of white maize cost an average of N19,000.
- Also, a big basket of an oval-shaped basket of tomatoes sells for an average of N12,000 while a small basket sells for an average of N7,500.
- A big bag of pepper sells for an average of N7,500 while a medium-sized bag maintains an average of N4,500.
READ ALSO: Gold prices suffers its worst week plunge since March
Special markets
- New onion is still not available at Mile 12 market as price of dry onions continues to surge. A recent survey showed that a big bag of dry onions increased from an average of N17,000 to N25,000 in July, which has now moved further to sell for an average of N30,000.
- Speaking to a major Onion seller at Mile 12, it was disclosed the price of Onions is likely to remain on the high side until the availability of new onions in the market. The trader further stated that new onions will be harvested during the rainy season, which will help drive the prices downward.
- According to some traders in the market, the prices of food items is expected to reduce in the coming weeks. Mrs. Adeoye a trader at Mushin market who spoke to Nairametrics research said “The prices of food items will soon reduce as we move closer to the end of rainy season”.
- Traders further complained about the effect of the alternate market days as a result of Covid-19 lockdown and how it continues to drive down sales
- The prices of frozen food items remained unchanged compared to prices recorded two weeks ago, as given below:
Chicken lap – N12,500
Full Chicken – N12,500
Turkey – N14,200
Market insights
Sellers at various markets who spoke to Nairametrics research team revealed that sales have dipped in the past month due to rise in prices of goods, traffic situation and alternate opening of the market. According to Mrs. Adeoye at Daleko market, “sales have dropped significantly in the past month as the price of food items keeps increasing worsened by markets only opening on specific days of the week. I think the increase in price of goods has discouraged consumers from purchasing as much as they do before which is affecting our revenue at the end of the day.”
Download the Nairametrics News App
Meanwhile, in an interview session with a major trader at Mushin market who requested to remain anonymous, revealed to Nairametrics research the hike in price of some commodities in the market was anticipated due to scarcity as a result of rainy season. “For instance, price of palm oil and some other items like yam, potatoes usually increase during the rainy season, so we are not surprised. After the rainy season, the prices will most like drop compared to their current value in the market.”
Items Brand Unit MUSHIN (13/08/2020) DALEKO (13/08/2020) OYINGBO (13/08/2020) MILE 12 (13/08/2020) Average MUSHIN (21/07/2020) DALEKO (21/07/2020) OYINGBO (21/07/2020) MILE 12 (21/07/2020) Average Bag of Rice Basmati 5kg NA NA NA NA NA NA NA NA NA NA Bag of Rice Mama Gold 10kg NA 4000 4500 4700 4400 NA 4000 4500 4500 4333.3333333333 Bag of Rice Royal Stallion 50Kg 30000 NA 29000 28000 29000 29000 NA 29000 29500 29500 Bag of Rice Rice Master 10kg 4000 NA 4000 4000 NA 4000 NA 4000 4000 Bag of Rice Mama Gold 50kg 25000 22500 25000 24000 24125 22000 22500 25000 24000 23250 Bag of Rice Caprice 50kg 30000 NA 29000 29000 29333.333333333 28000 NA 29000 28500 28500 Bag of Rice Mama's Pride 50kg 25000 21000 22500 24000 23125 23000 21000 22500 23000 22000 Bag of Rice Falcon 25kg NA NA NA NA NA NA NA NA NA Bag of Beans Oloyin 50kg 38000 19500 20000 22000 24875 21000 19500 22000 22000 20750 Bag of Beans White 50kg NA 29000 35000 32000 32000 30000 29000 30000 32000 30500 Bag of Beans Brown >50kg 24000 29500 35000 30000 29625 32000 29500 35000 30000 29750 Tuber of Yam Abuja 1 Big Size Tuber 1000 900 900 800 900 900 900 850 1000 912.5 Tuber of Yam Abuja 1 Medium Size Tuber 600 800 500 800 675 750 800 750 800 775 Carton of Noodles Indomie 305g (Belle full) 3200 3100 3200 3100 3150 2900 2900 2900 2900 2900 Carton of Noodles Indomie 210g (Hungry man) 3200 3200 3200 3200 3200 3200 3200 3200 3200 3200 Carton of Noodles Chikki 100g 2200 2200 2100 2100 2150 2000 2200 2100 2100 2100 Carton of Noodles Minimie 70g 2100 1650 1700 1650 1775 1600 1650 1700 1650 1650 Carton of Noodles Golden Penny 70g 1700 1400 1400 1400 1475 1400 1400 1400 1400 1400 Bag of Garri Ijebu 80kg 14000 13500 14000 12000 13375 13000 13500 15000 12000 13375 Bag of Garri White 50kg 13000 11500 13000 11800 12325 11000 11500 19000 11800 13325 Bag of Garri Yellow 50kg 11000 12500 11000 12000 11625 12000 12500 14000 12000 12625 Basket of Potato Sweet Big Basket 20000 16000 18000 14500 14500 Basket of Potato Sweet Small Basket 700 600 650 700 600 600 633.33333333333 Basket of Potato sweet Smallest Basket 400 200 300 200 300 200 233.33333333333 Basket of Potato Irish Biggest Basket 33000 28000 30500 28000 28000 Basket of Potato Irish Small Basket 2500 2500 2000 2500 2250 Basket of Potato Irish Smallest Basket 1700 1500 1600 1700 1500 1500 1566.6666666667 Packet of Pasta Golden Penny 500g 4400 4300 4200 4300 4300 4400 4300 4200 4300 Packet of Pasta Dangote 500g 4100 4200 4100 4133.3333333333 4100 4100 4200 4100 4125 Packet of Pasta Power (1 pc) 500g 220 220 220 220 220 220 220 220 220 Packet of Pasta Bonita (1 pc) 500g 200 230 220 216.66666666667 230 200 230 220 220 Gallon of Palm Oil Local 5 Litres 2700 2300 2700 2400 2525 2200 2100 2100 2100 2125 Gallon of Palm Oil Local 25 Litres 14000 12000 13500 12500 13000 11000 11000 11000 11000 11000 Gallon of Vegetable Oil Local 5 Litres 2700 2200 2300 2200 2350 2400 2200 2300 2200 2275 Gallon of Vegetable Oil Local 25 Litres 14000 13000 13500 13500 13500 13100 13000 13500 13500 13275 Gallon of Vegetable Oil Kings 5 Litres 3200 3000 3000 3000 3050 3000 3000 3000 3000 3000 Gallon of Vegetable Oil Wesson 5 Litres 4500 3900 3900 3900 4050 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 1900 1800 1800 1800 1825 1800 1800 1800 1800 1800 Bunch of Plantain Plantain 1 Bunch 500 550 500 500 512.5 500 400 450 500 462.5 Bag of Flour Dangote 50kg 11200 11000 11000 11066.666666667 11200 11200 11000 11000 11100 Bag of Flour Honey well 50Kg 12500 11200 11200 11200 11525 11200 11200 11200 11200 11200 Bag of Flour Mama Gold 50kg 13000 11300 11000 11000 11575 11000 11300 11000 11000 11075 Milk Peak Powdered (Tin) 400g 1200 1200 1200 1200 1200 1250 1200 1200 1200 1212.5 Milk peak Powdered(Tin) 900g 2350 2400 2400 2300 2362.5 2400 2400 2400 2300 2375 Milk Peak milk (Refill) 500g 1000 1000 1000 1000 1000 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 2600 2000 2000 2000 2150 2000 2000 2000 2000 2000 Milk Dano (Refill) 500g 800 800 800 800 800 850 800 800 800 812.5 Milk Three Crown (Refill) 380g 700 700 750 700 712.5 720 700 750 700 717.5 Milk Loya Powdered (Tin) 400g 1000 1000 1050 1016.6666666667 1000 1000 1000 1050 1012.5 Milk Loya (Refill) 400g 800 850 800 816.66666666667 850 800 850 800 825 Milk Coast (Refill) 500g 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 2200 2100 2100 2100 2125 2000 2100 2100 2100 2075 Cocoa Beverages Milo Refill 500g 1000 900 900 900 925 900 900 900 900 900 Cocoa Beverages Bournvita Refill 500g 1000 950 900 950 950 1000 950 900 950 Cocoa Beverages Bournvita (Plastic) 900g 2000 2000 2000 2000 2000 2000 2000 2000 2000 Cocoa Beverages Ovaltine Refill 500g 800 850 850 833.33333333333 800 800 850 850 825 Cocoa Beverages Ovaltine(Plastic) 500g 1100 1000 1100 1066.6666666667 1100 1100 1000 1100 1075 Coffee Nescafe Classic 50g 600 600 600 600 600 600 600 600 600 600 Tea Lipton Yellow label 52g 300 290 300 300 297.5 310 290 300 300 300 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 300 350 350 400 350 350 350 350 400 362.5 Bread Val-U 1 loaf 450 NA 450 500 466.66666666667 500 NA 450 NA 475 Bread Butterfield 1 loaf 450 450 500 500 475 500 450 450 500 475 Egg N/A Crate 1200 1200 1200 1100 1175 1100 1200 1200 1100 1150 Bottled Water (Refill) Cway Refill 600 650 600 616.66666666667 600 600 650 600 612.5 Juice 5 Alive 1 litre 550 550 550 600 562.5 600 550 550 600 575 Juice Chivita 1 litre 550 550 600 550 562.5 600 550 600 550 575 Gas Refilling 12.5kg 3400 3300 3400 3600 3425 3500 3000 3400 3600 3375 Gas Refilling 5kg 1500 1400 1400 1400 1425 1400 1400 1400 1400 1400 Tomatoes Big Basket round shaped 15000 14000 14500 15000 15000 Medium Basket round shaped 10000 7000 8500 10000 10000 Small Basket round shaped 8000 6000 7000 6000 6000 Big Basket Oval Shaped 12000 12000 12000 12000 Small Basket Oval Shaped 7500 7500 7500 7500 Fish Kote (Horse Mackerel) 1 big Fish 600 600 550 500 562.5 550 600 550 500 550 Fish Titus (Mackerel) 1 big Fish 600 550 550 600 575 550 550 550 600 562.5 Pepper Big bag 7500 7500 7500 7500 Medium bag 4500 4500 4500 4500 Maize Yellow 18000 22000 19000 19666.666666667 18000 22000 19000 19666.666666667 White 18000 20000 19000 19000 18000 20000 19000 19000 Melon Big bag 51000 42000 46500 42000 42000 Onions Big bag Dry Onions 35000 25000 30000 25000 25000 Onions Big bag New Onions NA NA Bush mango seed (Ogbono) 1 big bag 95000 95000 75000 75000 Frozen food Full chicken Carton 12500 12500 12500 12500 Frozen food Chicken lap Carton 12500 12500 12500 12500 Frozen food Turkey Carton 14200 14200 14200 14200 Crayfish 13000 13000 17000 17000
About Nairametrics Food Price Survey
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.
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.
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.
Exclusives
Poultry owners lament low patronage, as price of chickens jump by 40% during Christmas
The price of Chicken witnessed an average of 40% increase this December when compared to the corresponding period of 2019.
Poultry owners in Nigeria are not having a swell time in this year’s festive period, as sales of live chickens dropped significantly.
According to the special edition of the Christmas Household Survey conducted by Nairalytics Research, the price of Chicken witnessed an average of 40% increase this December when compared to the corresponding period of 2019, as more Nigerians switched to frozen food items.
READ: Why onion has become the “new gold” in Nigeria
According to this survey, the high cost of Chickens in this year’s festive period across major markets in Lagos State, was significantly driven by the high cost of poultry feeds. Major poultry farmers and chicken sellers lamented the hike in price of chicken this Christmas period and attributed it to the increase in the cost of poultry feeds.
Key Highlights
- Customers now prefer to buy frozen food items instead of regular chicken due to the increase in the price of chickens.
- The price of a carton of frozen Chicken, however, recorded a marginal increase in price from N15,000 recorded last week to N15,500 on Thursday 24th December 2020.
- Price of poultry feeds has gone up by 50% compared to the previous year.
- High demand for the materials used in making the feeds such as maize and soya caused the significant increase in price of poultry feeds.
READ: Prices of food items rise across major markets as traders fear low patronage in December
Current prices of chicken
- Broiler – N7,000
- Layers – N5,000
- Small layers – N2,200
- Cockrel – N5,000
Frozen food (1kg)
- Full Chicken – N2,000
- Orobo Chicken – N1,500
- Turkey – N1,900
READ: CBN to offer Niger Delta rice farmers single-digit loan
Poultry Market Insights
According to Mrs. Olaoluwa, a Chicken trader at Iddo, Lagos explained to Nairalytics that sales have trickled down this year owing to the incessant increase in the prices of chicken in the market.
She further explained that the general increase in the price of poultry items has significantly affected turnover this year as many consumers are opting to buy frozen foods rather than live Chicken.
READ: Household Survey: Palm Oil prices jack up as tomatoes and melon ease off
- “Despite already celebrating Christmas, you can see our large stock and low turn out of people, customers now prefer frozen chicken and turkey.”
A Broiler Chicken, which was sold for at most N5,000 last December now sells for an average of N7,000 this year, representing 40% increase in price.
A big sized layer that was sold for an average of N3,000 last year, now sells for N5,000 in the market, representing an increase of 66.7% in price.
READ: Poultry owners jack up prices of chickens, others, as Nigerians abandon imported frozen foods
In a conversation with Mr. Adeyemi Adekoya of Uphill Farms Limited, he explained that the various types of animal feed have gone up significantly within the year. For example, Hybrid feed that was sold for an average of N2,800 last year December now sells for an average of N4,200 while animal care now sells for an average of N4,200 as against N2,800 last December.
- “The increase in the cost of growing our birds has necessitated the unavoidable increase in the price of our chickens.”
He opined that although the price of these materials is beginning to reduce in recent times, he does not see the price of feeds easing, because in Nigeria nothing goes up and comes back to normal.
READ: Eid-El-Kabir: Food prices surge, as ram traders decry low patronage
Mr. Sanni Rasheed of TAK Poultry Farm also confirmed that the price of poultry feeds is the major cause of the significant hike in price of Chicken across major poultry farms in Nigeria. He explained that there are about 6 different types of feeds namely; Broiler starter, Chicks, Layer feed, Grower, Super starter, and Finisher.
According to him, the highest cost of feed as at December 2019 was N3,750, which now sells for an average of N5,400, representing a 44% increase in price. He also mentioned that the price of feeds changes constantly, which makes it difficult for poultry farmers to make adequate planning and maintain their business models.
READ: Prices of rice, frozen chicken, tomatoes and others jump as border closure bites hard
Furthermore, he explained that the huge demand for the raw materials (Maize and Soya) has contributed to the significant increase of the feeds. Some of the industries he mentioned that demand for maize are the Brewery industry and some consumer goods manufacturers.
To sample the feel of sales of frozen food items, Nairalytics visited Oshodi Market. Speaking to Mrs. Iwezu of God’s Anointed Frozen Foods Venture, she told Nairalytics that she believes more people bought live Chicken this Christmas and only used frozen food items as compliments.
READ: Price of foreign rice, beans, onions drop across major markets as borders gradually reopen
She said due to the taste live Chicken brings to food, many Nigerians prefer to buy it instead of frozen food items. She, however, stated that a full Chicken (1kg) is sold for an average of N2,000, 33.3% increase when compared to N1,500 recorded last December.
Exclusives
Price of foreign rice, beans, onions drop across major markets as borders gradually reopen
This report contains information on items that witnessed price increase, price decrease, as well as information on special markets and market insights.
The price of foreign-made rice has trickled down significantly in major markets in Lagos State, partly attributable to the recent directive by the federal government of Nigeria to reopen the country’s land borders.
This is according to the latest market survey, carried out by Nairalytics Research – the research arm of Nairametrics.
Nigerians may enjoy some respites going into the Christmas festivities as the price of a 50kg bag of Royal Stallion rice now sells for an average of N26,125 from an initial average of N30,333, representing a 13.9% decrease in price.
READ: Prices of food items rise across major markets as traders fear low patronage in December
The survey further showed that a 50kg bag of Caprice reduced by 10.43% to sell for an average of N26,125 as against an initial average of N29,167 recorded in November 2020. Meanwhile, the price of local rice has remained sticky as a 50kg bag of Mama’s Pride sells for an average of N23,375.
The report highlights information on items that witnessed price increase, price decrease, as well as information on special markets, and insights.
READ: Prices of rice, tomatoes, frozen foods increase in September as traders lament low turnover
Items that witnessed price increase
- The price of a big basket of oval-shaped tomatoes increased by 11.1% to sell for an average of N10,000, as against an initial average of N9,000 recorded weeks ago.
- A small basket of the oval-shaped tomatoes increased by 9.1% to sell for an average of N6,000 compared to an initial average of N5,500.
- A big bag of pepper now sells for an average of N20,000 from an initial average of N17,000. This represents 17.65% price increase in three weeks.
- Also, a medium-sized bag of pepper sells for an average of N10,000 from an initial average of N8,000, indicating a 25% increase in price.
- A big basket of round shaped tomatoes currently sells for an average of N15,000, compared to N13,000 recorded three weeks ago, it increased by 15.38% in price.
- A medium-sized basket of tomatoes increased by 6.25% to sell for an average of N8,500 from an initial N8,000, while a small basket size spiked by 10% to sell for an average of N5,500.
- 5kg cylinder of cooking gas is currently filled for an average of N3,975, representing 15.22% increase in price compared to an initial average of N3,450.
- Also, a 5kg cylinder that was initially filled for an average of N1,625 now sells for an average of N1,750 indicating a 7.69% increase in price.
READ: Share buyback: Dangote shares gain 10% in early trading as investors launch full bids
Items that witnessed price decrease
- A 50kg bag of Royal Stallion rice sells for an average of N26,125. This represents 13.9% decrease in price compared to an average of N30,333 recorded three weeks ago.
- Also, a 50kg bag of Caprice recorded a 10.43% decrease in price from an initial average of N29,167 to sell for an average of N26,125.
- A 50kg bag of brown beans that was initially sold for an average of N43,250 now sells for an average of N41,500 representing 4.1% decrease in price.
- The price of a 50kg bag of Mama’s Pride rice (Local) decreased marginally by 0.49% to sell for an average of N25,375.
- The price of a big bag of Bush mango seed (Ogbono) reduced by 4.17% to sell for an average of N115,000 as against an initial average of N120,000.
- The price of a big bag of dry onions dipped by 2.05% to sell for an average of N95,500 compared to an initial average of N97,500.
- A big bag size of new onions also recorded a decline in price, as it currently sells for an average of N65,000 moving by 7.14% compared to an initial average of N70,000.
READ: Poultry owners jack up prices of chickens, others, as Nigerians abandon imported frozen foods
Items that maintained initial prices
- A big basket of Sweet potatoes sells for an average of N5,500, a small basket sells for an average of N700 while the smallest basket is sold for an average of N325.
- Also, a big basket of Irish potatoes sells for an average of N20,000, same as recorded three weeks ago.
- A 50kg bag of Honey well and Mama Gold flour sells for N13,950 and N13,850 respectively after witnessing a significant spike in price last month.
- A carton of full chicken is sold for an average of N14,167, turkey (N19,000) while Chicken lap is sold for an average of N14,000.
- A big bag of yellow maize continues to sell for an average of N23,333 while white maize sells for an average of N23,167.
- A big tuber of yam is sold for an average of N763 while a medium size is sold for an average of N525.
- A 50kg bag of garri (Ijebu) still sells for an average of N14,375 while white and yellow garri sells for an average of N10,750 and N11,125 respectively.
READ: Bitcoin drops $900 after hitting a lifetime high
Special markets/items
The price of onions is yet to normalize after a recent surge in prices. Meanwhile, despite the sustained increase in the price of the commodity, large quantity of onions could be sighted at the onion section of the Mile-12 market as consumers buy in large quantities.
According to an onion seller at the market, he stated that the reason for the large quantity of onion in the market is because of the festivity as the item is always in high demand during the period.
The closure of Nigerian land borders in 2019 resulted in influx of various brands of local rice in the Nigerian market. Meanwhile, the latest survey showed that the prices of local rice remained high. Below are some of the brands of locally produced rice sighted at the various markets and their respective prices.
Ultimate Gold (N23,000), Umza (N24,500), Big bull (N25,500), Mamaan (N22,000), Mama’s Pride (N25,000), and Mama’s Choice (N25,000).
Market insights
The reduction in the price of foreign rice may be partly attributable to the directive by the federal government to reopen closed land borders in Nigeria. In a discussion with a major rice dealer at Daleko Market, Mrs. Dayo, she explained to Nairalytics that the price of foreign-made rice has reduced significantly to N25,000 in the market. She explained further that, although traders are not allowed to bring in rice from these borders, the price has still recorded a significant decline in the past week.
In an interview session with Mr. Chukwuma, a rice dealer at Daleko Market, he told Nairalytics Research that it is indeed good that the price of foreign rice has declined, but quite bad that locally produced rice that is expected to cost far lesser is still sold for a high price.
According to him, locally produced rice of superior quality is sold within the range of N25,000 and N27,000 while imported rice sells within the same range or even lesser for some unbranded foreign rice.
While discussing with another rice dealer at Mile-12 market by the name, Mrs. Chizoba. She told Nairalytics that although sales have not picked up, transactions are expected to increase later in the week due to the festive period.
| Items | Brand | Unit | MUSHIN (17/12/2020) | DALEKO (17/12/2020) | OYINGBO (17/12/2020) | MILE 12 (17/12/2020) | Average | MUSHIN (26/11/2020) | DALEKO (26/11/2020) | OYINGBO (26/11/2020) | MILE 12 (26/11/2020) | Average | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bag of Rice | Mama Gold | 10kg | 4600 | 4800 | 4800 | 5000 | 4800 | 4600 | 4800 | 4800 | 5000 | 4800 | |
| Bag of Rice | Royal Stallion | 50Kg | 26000 | 25500 | 26000 | 27000 | 26125 | 30000 | NA | 30000 | 31000 | 30333.333333333 | |
| Bag of Rice | Rice Master | 10kg | 5000 | NA | 4500 | 4750 | 5000 | NA | 4500 | 4750 | |||
| Bag of Rice | Mama Gold | 50kg | 26000 | 25500 | 26000 | 27000 | 26125 | 29500 | 29500 | 30000 | 30000 | 29750 | |
| Bag of Rice | Caprice | 50kg | 26000 | 25500 | 26000 | 27000 | 26125 | 29000 | NA | 29000 | 29500 | 29166.666666667 | |
| Bag of Rice | Mama's Pride | 50kg | 25500 | 25000 | 25000 | 26000 | 25375 | 25500 | 25500 | 25000 | 26000 | 25500 | |
| Bag of Beans | Oloyin | 50kg | 20000 | 21000 | 21000 | 20000 | 20500 | 20000 | 21000 | 21000 | 20000 | 20500 | |
| Bag of Beans | White | 50kg | 40000 | 43000 | 45000 | 43000 | 42750 | 40000 | 43000 | 45000 | 43000 | 42750 | |
| Bag of Beans | Brown | 50kg | 43000 | 38000 | 42000 | 43000 | 41500 | 43000 | 42000 | 45000 | 43000 | 43250 | |
| Tuber of Yam | Abuja | 1 Big Size Tuber | 800 | 750 | 700 | 800 | 762.5 | 800 | 750 | 700 | 800 | 762.5 | |
| Tuber of Yam | Abuja | 1 Medium Size Tuber | 550 | 500 | 550 | 500 | 525 | 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 | 5500 | 5500 | 5500 | 5500 | |||||||
| Basket of Potato | Sweet | Small Basket | 700 | 700 | 700 | 700 | 700 | 700 | |||||
| Basket of Potato | sweet | Smallest Basket | 400 | 250 | 325 | 400 | 250 | 325 | |||||
| Basket of Potato | Irish | Biggest Basket | 20000 | 20000 | 20000 | 20000 | 20000 | 20000 | |||||
| Basket of Potato | Irish | Medium Basket | 2500 | 2500 | 2500 | 2500 | |||||||
| Basket of Potato | Irish | Small Basket | 1700 | 1500 | 1600 | 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 | 650 | 650 | 650 | 650 | 650 | |
| 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 | 3500 | 3400 | 3400 | 3500 | 3450 | |
| Gas | Refilling | 5kg | 1700 | 1800 | 1800 | 1700 | 1750 | 1600 | 1600 | 1700 | 1600 | 1625 | |
| Tomatoes | Big Basket | round shaped | 15000 | 15000 | 13000 | 13000 | |||||||
| Tomatoes | Medium Basket | round shaped | 8500 | 8500 | 8000 | 8000 | |||||||
| Tomatoes | Small Basket | round shaped | 5500 | 5500 | 5000 | 5000 | |||||||
| Tomatoes | Big Basket | Oval Shaped | 10000 | 10000 | 9000 | 9000 | |||||||
| Tomatoes | Small Basket | Oval Shaped | 6000 | 6000 | 5500 | 5500 | |||||||
| 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 | 20000 | 20000 | 17000 | 17000 | ||||||||
| Pepper | Medium bag | 10000 | 10000 | 8000 | 8000 | ||||||||
| 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 | 43500 | 43500 | 43500 | 43500 | 44000 | 43750 | ||||||
| Onions | Big bag | Dry Onions | 94000 | 97000 | 95500 | 95000 | 100000 | 97500 | |||||
| Onions | Big bag | New Onions | 65000 | 65000 | 65000 | 70000 | 70000 | 70000 | |||||
| Bush mango seed | (Ogbono) | 1 big bag | 115000 | 115000 | 120000 | 120000 | |||||||
| Frozen food | Full chicken | Carton | 14500 | 14000 | 14000 | 14166.666666667 | 14500 | 14000 | 14000 | 14166.666666667 | |||
| Frozen food | Chicken lap | Carton | 14000 | 14000 | 14000 | 14000 | 14000 | 14000 | 14000 | 14000 | |||
| Frozen food | Turkey | Carton | 19000 | 19000 | 19000 | 19000 | 19000 | 19000 | 19000 | 19000 | |||
| Crayfish | Nylon | 12500 | 13500 | 13000 | 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.
