Nigerian Markets: Weekly Prices For Rice, Beans, Tomatoes, And More

Nigerian Markets: Weekly Prices For Rice, Beans, Tomatoes, And More

As Christmas approaches, Nigerians brace for a potential spike in the prices of staple foods like rice, beans, tomatoes, and other essentials.

Market trends indicate that the festive season’s surge…READ MORE…

in demand, combined with bulk buying and panic purchases, could drive significant price hikes across the country.

Price Trends and Concerns

Traders in major markets have expressed concerns over anticipated price increases, attributing them to heightened demand and possible supply chain challenges. Stakeholders have called on the government to intervene, monitor market activities, and prevent exploitation by unscrupulous traders to ensure food remains affordable.

As the holidays draw closer, many Nigerians are adjusting their budgets in anticipation of these price fluctuations.

Food Commodity Prices (Current Week):

• Rice (50kg)
  • My Choice Rice: ₦96,000
  • Mama’s Pride Rice: ₦95,000
  • Long Grain Rice: ₦98,000
  • Khemji Rice: ₦103,000
  • 25kg Bag: ₦47,500
• Beans (50kg)
  • Sweet Butter Beans: ₦160,000
  • Maiduguri Brown Beans: ₦90,000
  • Soybeans: ₦130,000
  • Peeled Moi Moi Beans (20kg): ₦80,000
  • Oloyin Sweet Beans (2.5kg): ₦8,500
• Garri
  • One Paint: ₦3,900
  • 50kg Bag: ₦55,000
  • 100kg Bag: ₦100,000
• Tomatoes
  • Big Basket: ₦180,000
  • Medium Basket: ₦95,000
  • Small Basket: ₦40,000
  • Royal Sun Plum Tomatoes (24 cans): ₦32,000
• Spaghetti
  • Golden Penny (500g × 20): ₦28,000
• Palm Oil
  • 5-Litre Gallon: ₦8,500
  • 25-Litre Gallon: ₦56,500
• Onions
  • One Bag: ₦180,000
• Irish Potatoes
  • One Basket: ₦75,000

These prices highlight the growing financial burden on households as they prepare for the festive season.

For More Information And News Update, Join Ireporteronline WhatsApp Channel With Link Below: https://whatsapp.com/channel/0029VaV4jB6DuMRgwqnJCF32 For advertisement inquiries only, kindly send a message to 09010649814 on WhatsApp.