As of March 3rd 2025, Nigeria’s food commodity prices have undergone notable changes, driven by seasonal harvests, import trends, and economic policies.
Here’s an updated overview of key food stuffs/Groceries:

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Rice:
The price of rice has significantly dropped in recent weeks. A 50kg bag of locally milled rice, which once sold for between ₦80,000 and ₦90,000, is now priced between ₦60,000 and ₦70,000 in markets like Maitama farmers market in Abuja. This decline is partly due to increased imports and a stronger naira.

Beans:
Beans have also become more affordable. In Kaduna State, a 100kg bag of white beans, previously costing ₦160,000, now goes for around ₦90,000. In Kaduna markets, the price for a paint bucket measure of beans has fallen from ₦14,000 to ₦6,500.

Tomatoes:
Thanks to the harvest season, tomato prices have decreased. In Lagos State, a big basket of tomatoes that once sold for ₦45,000 now ranges between ₦28,000 and ₦33,000. Similar price reductions have been noted in Kano and Imo States.

Onions:
There has been a total change in the price of onions in Nigerian markets. a basket of onions, which was sold for ₦50,000 before the harvest season, has reduced to ₦33,000.
Yams:
The market sales of new yams have led to lower prices. In Abia State markets, 13 tubers of yam, once sold between ₦14,000 and ₦20,000, are now available for ₦9,000 to ₦13,000, reflecting the season’s increased supply.

Maize, Millet, and Sorghum:
Grain prices have followed a downward trend. In Kogi State, a 100kg bag of maize,which was sold for ₦80,000 to ₦65,000 before the harvest season,is now sold for ₦50,000. Prices for millet and sorghum have similarly dropped, currently ranging between ₦53,000 and ₦54,000 per 100kg bag.

Palm Oil:
Palm oil prices have also decreased. In Enugu State, the cost for a liter of palm oil has fallen from ₦3,500 to ₦2,000, reflecting increased supply and market adjustments.

Crayfish:
The price of the sales of crayfish has diminished in Ebonyi state, with a stunning decrease from a 150kg bag being sold for ₦200,000 to ₦145,000 in local markets.

These fluctuations are influenced by seasonal harvest cycles, shifts in importation policies, and changes in currency valuation. While many staples have become more affordable, others remain high due to production costs and supply chain challenges. Consumers are encouraged to keep up with local market reports to make informed purchasing decisions.

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