Food Prices Update: Cost of Rice Beans Tomatoes and Other Staples This Week

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The prices of essential food commodities have continued to climb across markets, further straining households already battling economic difficulties.

A review of current market prices shows that many staple foods remain costly, compelling families to adjust meal plans, cut portion sizes, or opt for more affordable alternatives.

Cooking oil, a daily staple in most Nigerian homes, remains expensive. A 5-litre container of palm oil now sells for about ₦10,000, while groundnut oil is priced at roughly ₦3,200 per litre. Traders link the high prices to supply constraints, rising transportation costs, and increased demand.

Rice, a major staple nationwide, is currently selling for around ₦52,250 per 50kg bag, a figure many consumers say is beyond their reach. Swallow foods have also been affected, with a medium pack of Poundo Yam meal selling for ₦3,500, while the larger pack goes for about ₦7,000.

Common soup ingredients have not been left out. One modu of egusi now costs approximately ₦2,700, while a paint bucket of garri sells for about ₦1,200, pushing up the cost of preparing everyday meals.

Prices of fresh produce remain volatile. A heap of tomatoes is currently sold for around ₦3,500, while pepper goes for about ₦2,500 per heap. Traders cite seasonal shortages and losses during transportation as key factors driving the increases.

Processed food items have also seen notable price hikes. A roll pack of cornflakes now sells for about ₦1,300, while spaghetti, a common household food, costs as much as ₦18,600 per pack in some markets.