As Nigerians gear up for the festive season, the joy of Christmas celebrations is mixed with cautious optimism about a possible reduction in the soaring prices of foodstuffs.
This year has seen significant hikes in the cost of staple foods, driven by inflation, insecurity, and supply chain disruptions, leaving many households struggling to afford basic commodities.
From rice to vegetables, and from meat to cooking oil, the prices of essential food items have been on an upward trajectory throughout the year.
A 50kg bag of rice, for instance, now sells between ₦90,000 and ₦100,000 in many markets, compared to around ₦55,000 last year.
Similarly, a bottle of palm oil has doubled in price, while the cost of a kilogram of chicken has surged to over ₦5,500.
For many Nigerians, the festive season is synonymous with family gatherings and shared meals, making the affordability of food a critical concern.
Here is the price of major food commodities this week:
Price Of Bag Of Rice
50kg Bag of Golden Rice Nigeria Rice – ₦85,000
Vitally 50kg Long Grain Bag of Rice – ₦95,000
Optimum And Mafa Bag Of Rice At Wholesale Price – ₦92,000
25kg Bag of Rice – ₦47,500
Price Of Bag Of Beans
Sweet Pure Butter Beans 50kg – ₦150,000
Brown Beans 50kg From Maiduguri – ₦90,000
A Rubber of Brown Beans – ₦7,500
Peeled Dried Honey Beans/ Beans Flour – ₦15,000
Honey Beans (Oloyin) – ₦110,000
Clean Hand Picked Oloyin Beans (Honey Beans) 50kg – ₦175,000
Chad Sweet Brown Beans (50kg) – ₦90,000
Soyabeans Very Dried – ₦115,000
Price Of Bag Of Garri
One Paint Of Garri – ₦3,500
Bag Of Garri 50kg – ₦40,000
Garri (Garri Ijebu) – ₦55,000
100 kg Bag of Garri – ₦80,000
Tomatoes
Small basket of tomatoes – ₦5,000
Small basket of pepper – ₦3,500
Fresh Tomatoes Basket – ₦50,000
Price Of Chicken
Chicken sells between ₦15,000 to ₦20,000
