Beans And Tomatoes Prices Skyrocket: Households Face Unprecedented Food Costs

As of early May 2025, food prices across Nigeria reflect a mix of declines and increases—providing modest relief to consumers while underlining persistent challenges in agriculture. Below is an overview of this week’s key food commodity prices:

• 50kg Bag of Long-Grain Foreign Rice: Now selling between ₦82,000 and ₦85,000, down from previous highs of ₦95,000–₦100,000.

• Imported Short-Grain Rice: Dropped to ₦65,000–₦67,000 from earlier prices of ₦80,000–₦90,000.

• Local Parboiled Rice: Marginally decreased to around ₦89,000, from ₦90,000–₦100,000.

Tomatoes and Pepper

• Tomatoes: A small basket is currently ₦4,500, while a large basket ranges between ₦25,000 and ₦30,000—driven by off-season scarcity, transport expenses, and post-harvest losses.

• Pepper: A small basket has increased to ₦2,500 (up from ₦1,500–₦1,800). A big basket now goes for ₦15,000–₦20,000.

Beans

• White Beans (100kg Bag): In Kaduna, prices have plunged from ₦160,000 to about ₦88,000.

• Paint Bucket Measure (Lagos): Now ₦6,500, down from ₦12,000.

Yam

• 10 Tubers: In Benue markets, prices have dropped from ₦12,000–₦18,000 to between ₦10,000 and ₦15,000, thanks to an influx of fresh harvest.