Latest Updates On The Prices Of Rice, Beans, Tomatoes, And Other Food Commodities This Week

The federal government has attributed Nigeria’s escalating food prices to global economic factors, including climate change and the ongoing war in Ukraine……READ MORE

As of February 7, 2025, Nigerians are feeling the pinch as prices for essential food items such as rice, beans, and tomatoes continue to skyrocket. The surge is fueled by a mix of high inflation, currency devaluation, and agricultural disruptions caused by security challenges and extreme weather conditions.

Current Food Prices in Nigeria:

• Rice: ₦75,000–₦90,000 per 50kg bag
• Beans: ₦78,000–₦85,000 per 50kg bag
• Tomatoes: ₦55,000 per basket
• Yam: ₦3,000–₦4,000 per tuber
• Palm Oil: ₦50,000 per 25-liter container
• Chicken: ₦5,000 per kg