SHOCKING NEWS:Food PRICES DROP NATIONWIDE FOR RICE, BEANS, TOMATOES & MORE.
> Food prices in Nigeria are shifting, bringing both relief and concern.
Here’s a breakdown of the latest market rates:
Rice:
Long-grain foreign (50kg): ₦82,000–₦85,000
Short-grain imported: ₦65,000–₦67,000
Local parboiled: ₦89,000
Beans:
100kg white beans in Kaduna: ₦88,000 (down from ₦160,000)
Lagos (paint bucket): ₦6,500 (down from ₦12,000)
Tomatoes:
Small basket: ₦4,500
Big basket: ₦25,000–₦30,000
Other Staples:
Spaghetti (carton): ₦21,000–₦22,000
Palm oil (per litre, Benue): ₦1,800
Groundnut oil (25L): ₦32,500
Semovita: ₦3,700 (2.5kg), ₦12,300 (12kg)
Beef (boneless): ₦6,000/kg
Market Drivers:
Inflation, fuel prices, insecurity in farming zones, and forex instability are influencing these price shifts.
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