Gradually but noticeably, food prices in Nigeria are beginning to drop, bringing a sigh of relief to many households.
A market survey of Lagos and some other major cities shows a steady decline in the cost of staple food items over the past few weeks.
Here is a list of some current food prices
1. Long-grain foreign rice (50kg) - N82,000 to N85,000 (previously N95,000 to N100,000)
2. Imported short-grain rice (50kg) - N65,000 to N67,000 (previously N80,000 to N90,000)
3. Local parboiled rice (50kg) - Around N89,000 (previously N90,000 to N100,000)
4. Millet (4L paint bucket) - N4,000 (previously N4,500)
5. Guinea corn (4L paint bucket) - N4,000 (previously N4,500)
6. Soya beans (4L paint bucket) - N6,000 (previously N6,500)
7. Wheat (4L paint bucket) - N5,000 (previously N5,500)
8. Yellow dry corn (4L paint bucket) - N3,000 (previously N3,500)
9. White dry corn (4L paint bucket) - N2,500 (previously N3,000)
10. Beans (D'Rica cup) - N1,000 to N1,400 (previously N2,000 to N2,500)
Types mentioned: black-eyed beans, oloyin (honey beans), olo
11. Yam (per tuber) - N3,000 (previously N7,000)
12. Yellow garri (paint bucket) - N3,000 (previously N4,000)
13. White garri (paint bucket) - N2,500 (previously N3,000)
14. Garri (60kg bag) - N37,500 to N45,000 (previously higher)
15. Tomatoes (big crate) - N23,000 to N27,000 (previously up to N120,000)
Staple Flours
16. Semovita/Semolina (10kg) - N16,000
17. Semovita/Semolina (5kg) - N8,000
18. Kings Vegetable Oil (25L) - N82,000 (previously up to N95,000)
19. Terra Vegetable Oil (25L) - N80,000
20. Fresh groundnut (4L paint bucket) - N7,200 (previously N7,500)
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