Price Of Bag Of Rice, Beans, Tomatoes, Other Food Commodities This Week

The cost of basic food items has continued to rise across markets, placing additional pressure on households already grappling with economic hardship.

A survey of current market prices indicates that several staple foods remain high, forcing many households to adjust their feeding practices, reduce portions, or switch to cheaper alternatives.

Cooking oil, a daily necessity in most Nigerian homes, continues to command high prices. A 5-litre container of palm oil now sells for about ₦10,000, while groundnut oil costs around ₦3,200 per litre. Traders attribute the prices to supply challenges, transportation costs, and increased demand.

Rice, a major staple across the country, is selling for about ₦52,250 for a 50kg bag, a price many consumers describe as unaffordable. Swallow foods are also affected, with medium-sized Poundo Yam meal priced at ₦3,500, while the bigger pack goes for ₦7,000.

Traditional soup ingredients have not been spared either. One modu of egusi now costs about ₦2,700, while a paint bucket of garri sells for roughly ₦1,200, making even basic meals more expensive to prepare.

Fresh produce prices remain unstable. A heap of tomatoes currently goes for about ₦3,500, while pepper sells for around ₦2,500 per heap. Market women say seasonal shortages and spoilage during transportation continue to affect supply, driving prices upward.

Processed food items have also recorded noticeable increases. A roll pack of cornflakes now sells for ₦1,300, while spaghetti, a common household food, is priced as high as ₦18,600 per pack in some markets.

Here is the breakdown of some food prices:

Palm Oil (5-litre) – ₦10,000

Groundnut Oil (1-litre) – ₦3,200

Rice (50kg Bag) – ₦52,250

Poundo Yam Meal (Medium) – ₦3,500

Poundo Yam Meal (Big) – ₦7,000

Egusi (1 modu) – ₦2,700

Garri (1 paint bucket) – ₦1,200

Tomatoes Heap – ₦3,500

Pepper Heap – ₦2,500

Cornflakes (Roll Pack) – ₦1,300

Spaghetti (Pack) – ₦18,600