As of March 14, 2025, the prices of staple food items in Nigeria have seen notable fluctuations, driven by factors such as transportation costs, seasonal variations, and regional market trends.
Here’s a breakdown of the latest market prices for key commodities:
- Foreign Rice: A 50kg bag is currently priced between ₦72,000 and ₦75,000, depending on the brand and location.
- Local Rice: A 50kg bag of locally produced rice ranges from ₦69,000 to ₦70,000.
Beans:
- White Beans: A 100kg bag now costs approximately ₦110,000, rising from ₦89,000 last month.
Tomatoes:
- Fresh Tomatoes: A small basket is now priced between ₦3,000 and ₦3,500, marking an increase from previous months.
Noodles & Spaghetti:
- Indomie Noodles (70g pack): A carton is selling for ₦3,000 to ₦3,800, depending on the market.
- Spaghetti (500g pack): A carton is priced between ₦6,700 and ₦6,800.
Edible Oils:
- Groundnut Oil: A 25-litre container is now sold for around ₦32,500.
- Palm Oil: A 75cl bottle has increased from ₦1,000 to ₦1,500.
Other Food Items:
- Garri: A 50kg bag of white garri is now ₦20,000, up from ₦18,000.
- Yam: A tuber that previously sold for ₦900 is now priced at ₦1,200.
Market conditions continue to evolve, influencing the cost of essential food items across the country.
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