Prices of Food in Nigeria | 2023 December Latest Update

Check to see if the prices of food items in Nigeria are currently increasing or decreasing.

With the constant rise in the inflation rate, Nigerians are currently bracing for challenging times. This is because there has been a steady rise in the cost of foodstuffs such as eggs, rice, and tomatoes. Besides weakening currency and other economic indices, the problem has been exacerbated by insecurity (which has prevented farmers from going to their farms), flooding (which accounts for bad harvests and crop yields), poor road networks, and a lack of storage facilities.

The government’s failure to tackle these problems has led to this food crisis. Even experts have continued to advocate for a more proactive approach to handling them.

The cost of food items like bread and rice has spiked tremendously as Nigerians continue to purchase them. The problem of poor road infrastructure and storage processing facilities has triggered the rapid increase in the price of perishable food products like milk, chicken, beef, and fish.

In a conversation with supermarket owners and traders, I was told that these prices won’t reduce in the future.

 

Food Prices of Beans in Nigeria (2023)

Beans are a popular food item among Nigerians. An obvious fact is that the cost of beans is less expensive in the north compared to the south. This implies that the part of the country you are residing in will affect how much you will purchase the beans. However, the cost of beans varies from ₦80,000 to ₦100,000. There is a steady rise in the price per bag; this differs from what people get in 2022 because of the high inflationary trend and flooding issue.

A paint bucket of beans in Nigeria can be priced around ₦2,000 to ₦4,000, and your location also affects the cost.  At the same time, a cup of beans rose can be priced around ₦80 to ₦150. A 50kg bag of beans can measure up to 12 to 14 paints. You will find 26 paint buckets in 100kg bag of beans.

Then, the price of a 50kg bag of beans can hover around ₦40,000 to ₦50,000. A mudu of beans cost around 750 naira while a derica of bean price is 400 to 650.

For Oloyin or honey beans, the price is ₦24,750 (for 50kg), while brown beans costs ₦40,000.

 

Food Prices of Groundnut in Nigeria (2023)

• Groundnut seed for planting: ₦2,500
• Shelled raw groundnut: ₦1,200
• Fine groundnut (250kg bag): ₦120,000
• Bottle of fried groundnut: ₦599
• Groundnut oil (1 bottle): ₦1,078.17 in July 2022
• Groundnuts (per kg): ₦500
• 50kg bag of groundnuts == From N40,000
• 100kg bag of groundnuts == From N80,000
• 1 ton of groundnuts == From N7,800,000

Food Prices of Maize in Nigeria (2023)

Maize	Quantity	Price per ton
Fresh yellow new maiz	1 ton	₦450,000
Dry yellow old maize	1 ton	₦540,000
Fresh white new maize	1 tonne	₦340,000
Dry white old maize	1 tonne	₦530,000

Maize	Quantity	Price per kg
Fresh yellow new maize	1 kg	₦430
Dry yellow old maize	1 kg	₦540
Fresh white new maize	1 kg	₦340
Dry white old maize	100 kg	₦53,000

Maize	Quantity	Price per bag
Fresh white new maize	1 bag	₦34,000
Dry white old maize	1 bag	₦52,000
Fresh yellow new maize	1 bag	₦45,000
Dry yellow old  maize	1 bag	₦54,000

Food Prices of Palm Oil in Nigeria (2023)

• Palm Oil (25L) @ Bodija Market, Ibadan == N11,000
• Palm Oil (25L) @ Dawanau Market, Kano == N10,500
• Palm Oil (25L) @ Gboko Main Market, Benue == 10,000
• Palm Oil (25L) @ Gombe Main Market == N10,000
• Palm Oil (25L) @ Mile 12 Market, Lagos == N12,000
• Palm Oil (25L) @ Igbudu Market, Delta State == N6,000
• Palm Oil (25L) @ Nkwo Nnewi Market, Enugu == N9,000
• Palm Oil (25L) @ Umuahia Market, Abia State == N5,000

Food Prices of Vegetable Oil in  Nigeria (2023)

• King’s vegetable oil: 1 liter for ₦1,400
• Devon King’s vegetable oil: 1 liter for ₦1,200, 3 liters for ₦3,100, 5 liters for ₦3,550, 10 liters for ₦16,500
• Power vegetable oil: 75 ml for ₦50, 1.4 liters for ₦1,850, 2.6 liters for ₦2,800
• Golden Penny cooking vegetable oil: 4 liters for ₦3,850
• Mamador vegetable oil: 3.5 liters for ₦3,800

Food Prices of Rice in Nigeria (2023)

Rice Brand	Size (bag)	Price
Mamas Pride	25kg	₦20,000 – ₦20,000
Abadini Rice	25kg	₦18,000
Big Bull Rice	50kg	₦46,000
Tomato Aroso Rice	50kg	₦42,000
Ofada Rice	5kg	₦16,000
Mamas Choice	10kg	₦8,000
Sparkle Rice	50kg	₦40,000
Royal Stallion Rice	25kg	₦20,000
Anambra Rice	50kg	₦38,000 – ₦40,000
Lake rice	50kg	₦40,000
Mama Gold	50kg	₦37,000 – ₦42,000
Par- Excellence long grain rice	43.3kg	₦50,000 – ₦55,000

 

Rice Brand	Size (bag)	Price
My Food Rice	50kg	₦48,000
Cap rice	50kg	₦47,000
Aani Golden Sella Basmati Rice	10kg	₦10,000
Aeroplane Indian Basmatic rice	5kg	₦5,000
Riceland American Long Grain Rice	45.3kg	₦45,000
Falcon Rice	5kg	₦10,000
My Choice	50kg	₦49,000

Read: Best Rice Brands in Nigeria

Food Prices of Tomatoes in Nigerian Market (2023)

• Tasty Tom Tomatoes sachet: ₦400
• Fresh Tomatoes: ₦2,000
• Fresh Pepper: ₦100
• Tasty Tom 1 carton: ₦3,600
• Fresh tomatoes-paint rubber: ₦3,000
• Fresh Tomatoes-small basket: ₦5,500
• Gino Sachet Tomatoes-70g Carton: ₦3,700
• Gino Sachet Tomatoes Paste-(1 roll): ₦400
• Fresh Tomatoes – 500g: ₦650

Food Prices of Soya Beans in Nigeria

• 1 kg of soya bean powder: ₦6,000
• 100 kg of Maiduguri soya beans: ₦41,000
• 1 ton of soya beans: ₦180,000–₦300,000
• 1 mudu of soya beans: ₦290
• 1 kg of soya bean seeds: ₦1,699.99
• 2 kg pack of soya bean seeds for planting: ₦2,499.99
• The price of soyabeans per ton ranges from ₦180,000 – ₦300,000

Food Prices of Onions in Nigeria (2023)

• ₦ 5,500. Gino Pepper Onion Tomato Paste – 1 Carton 70g 50 Sachets. Bulk prices.
• ₦ 120,000. Fresh /Big Onions.
• ₦ 1,200. A Plate of Salad.
• ₦ 87,000. 100kg Bag Onion.
• ₦ 85,000. Fresh Onions.
• ₦ 2,000. Tomato Pepper and Onion Paste. Bulk prices.

Food Prices of Cassava Products in Nigeria

• A bag of Yam Flour (Elubo)  == N63, 000- N69, 000
• A bag of Garri == N13, 000 – N175,000
• A paint bucket of Garri  ==   N650-N900
• A bag of Ijebu Gaari (80 kg) ==  N10, 000 – N16, 000
• A bag of White Gaari (50 kg) == N6,000 – N12, 000
• A bag of Yellow Gaari (50 kg) == N6, 000 – N8, 500

Current Prices of Yam in the Nigerian Market (2023)

• Abuja Yam (big) == N700 – N900
• Abuja Yam (Medium)  == N500 – N650
• Regular Yam (big ) ==  N500 – N800
• Regular Yam (Medium) == N350 – N500

Current Prices of Noodles in the Nigerian Market Today 2022

• Carton of Indomie Chicken (70g x 40ps) ==  N1, 900 – N2, 200
• Carton of Indomie Onion (70g x 40ps) == N2, 100 – N2, 300
• Carton of Indomie Superpack (120g x 40ps) == N3, 300 — N3,500
• Carton of Indomie Hungry Man (200g x24ps) == N4, 300- N4, 500
• Carton of Indomie Belleful (305g x 16ps) ==  N4, 300 – N4, 500
• Carton of Chiki Noodles (100g x 40ps) ==  N3,000 – N3, 200
• Golden Penny Noodles (70g x40ps) ==  N2, 100 – N2,300

Current Prices of Potato in the Nigerian Market Today

• Sweet Potato (Big Basket)   ==  N500 – N650
• Sweet Potato (Small Basket)  ==  N300 – N400
• Irish Potato (Big Basket) ==   N1,900 – N2, 200
• Irish Potato (Medium Basket) ==  N1, 100 – N1, 300
• Irish Potato (Small Basket)  ==  N500 – N700

Read: See the Complete Difference Between Maize and Corn

Prices of Other Food Items in Nigeria

• Bag of Garri (Ijebu    80kg) – N10,500
• Bag of Garri (White 50kg) N6,500 – N7,500
• Bag of Garri (Yellow 50kg) N6,500 – N7,500
• Sweet Potato (Big Basket) – N500 – N650
• Small Basket N300 – N400
• Irish Potato (Big Basket) – N1,900 – N2,200
• Irish Potato (Medium Basket) – N1,100 – N1,300
• Irish Potato (Small Basket) – N500 – N700
• Spaghetti (Golden Penny 500g) – N200-N250
• Spaghetti (Dangote 500g) – N200-N250
• Spaghetti (Power 500g) – N200-N250
• Spaghetti (Bonita 500g) – N250-N300
• Gallon of Palm Oil (5 ltrs) – N2,200-N2,500
• Gallon of Palm Oil (20 ltrs) – N8,800-N9,000
• Gallon of Palm Oil (30 ltrs) – N12,800-N13,000
• A gallon of Vegetable Oil Local (5 ltrs) – N2,300-N2,500
• A gallon of Vegetable Oil (20 ltrs) – N9,000- N9,500
• A gallon of Vegetable Oil (30 ltrs) – N13,500 –N14,000
• Kings Vegetable Oil (5 ltrs) – N2,900- N3,000
• Wesson Vegetable Oil (5 ltrs) – N4,500 – N4,700
• Mamador Vegetable Oil (3.8 ltrs) – N3,000 – N3,200
• Power Vegetable Oil (3 ltrs) – N2,400- N2,600
• Dangote Sugar (50kg) – N17,000- N17, 300
• Sugar St’ Louis Sugar (Cube 500g) – N350- N400
• Sugar Golden Penny Sugar (cube) 500g – N300- N400
• Bread Val-U (1 loaf) – N300- N400
• Bread Butterfield (1 loaf) – N350- N400
• Egg N/A Crate – N1100- N1300

Prices of Milk (Powdered) in Nigeria

• Peak (Tin 400g) – N1,150- N1,200
• Peak (Tin 900g) – N1,900-N2,000
• Milk Peak milk (Refill) 500g – N950- N1,100
• Milk Three Crowns (Refill) 380g – N800-N900
• Milk Loya Powdered (Tin) 400g – N800-N900
• Milk Loya (Refill) 400g – N750-N850
• Milk Coast (Refill) 500g – N700- N800
• Milk Dano Powdered (Tin) 500g – N900- N1,000
• Milk Dano Powdered (Tin) 900g – N1,650- N1,700
• Milk Dano (Refill) 500g – N800-N1000

Prices of Beverages in Nigeria

• Cocoa Beverages Milo (Tin) 500g – N1,000- N1200
• Cocoa Beverages Milo (Tin) 900g – N1,900-N2000
• Cocoa Beverages Milo Refill 500g – N950- N1000
• Cocoa Beverages Bournvita Refill 500g – N850-N950
• Cocoa Beverages Bournvita (Plastic) 500g – N950-N1000
• Cocoa Beverages Bournvita (Plastic) 900g – N1,600-N1800
• Cocoa Beverages Ovaltine (Refill) 500g 850- N950
• Cocoa Beverages Ovaltine (Plastic) 500g – N900- N100
• Coffee Nescafe Gold Blend – N1,600- N1800
• Coffee Nescafe Classic 50g – N550- N600
• Tea Lipton Yellow label 52g – N230- N300
• Tea Top tea 52g – N200- N300