In Nigeria, however, current food commodity prices may have a considerable impact on the value of the main stock and total demand. Noting and following up on these rates will help you keep pace of the market as an investment or a frequent consumer.
In this post, we’ll look at the cost of some basic items in Nigeria. Due to the huge diversity of possibilities available, we will limit our focus to the costs of things that individuals buy on a regular basis. There are foodstuffs and other necessities supplied.
PALM OIL MARKET PRICES
Palm Oil (1 Bottle) @ Benue Market – N600
Palm Oil (25L) @ Gboko Market, Benue State – N14,500
Palm Oil (1 Bottle) @ Anchau Market – N600
Palm Oil (25L) @ Anchau Market, Kaduna State – N16,500
Palm Oil (25L) @ Ninth Mile Market, Enugu State – N14,500
Palm Oil (1 Bottle) @ Ninth Mile Market – N600
Palm Oil (25L) @ Mile 12 Market, Lagos State – N17,000
Palm Oil (1 Bottle) @ Mile 12 Market – N650
Palm Oil (25L) @ Ughelli Main Market, Delta State – N14,000.
BEANS MARKET PRICES
Drum Beans (1 mudu) @ Gboko Market, Benue State – N1,000
Drum Beans (1 bag) @ Gboko Market, Benue State – N48,000
Beans ‘white’ (1 bag) @ Ninth Mile Market, Enugu State – N48,000
White Beans (Paint Bucket) @ Ninth Mile Market, Enugu State – N3000
Drum Beans (Paint Bucket) @ Mile 12 Market, Lagos State – N3200
Drum Beans (1 bag) @ Umuahia Main Market, Abia State – N48,000
Drum Beans (Paint Bucket) @ Umuahia Main Market, Abia State – N3,200.
RICE MARKET PRICES
Rice (1 Mudu) @ Gboko Main Market, Benue – N700 (local)
Rice (50kg) @ Gboko Main Market, Benue – N12,500 (local)
Rice (1 Mudu) @ Maitagari Market, Jigawa – N1,000 (imported)
Rice (50kg) @ Maitagari Market, Jigawa – N21,000 (imported)
Rice (1 Mudu) @ Anchau Market, Kaduna – N800 (local)
Rice (50kg) @ Anchau Market, Kaduna – N14,000 (local)
Rice (1 Mudu) @ Mile 12 Market, Lagos – N900 (imported)
Rice (50kg) @ Mile 12 Market, Lagos – N21,000 (imported)
Rice (1 Mudu) @ Ninth Mile Market, Enugu – N750 (local)
Rice (50kg) @ Ninth Mile Market, Enugu – N13,500 (local)
Rice (1 Mudu) @ Umuahia Main Market, Abia – N800 (local).
Rice (50kg) @ Umuahia Main Market, Abia – N14,000 (local).
GROUNDNUT MARKET PRICES
Groundnut (100kg) @ Gboko Main Market, Benue – N25,000
Groundnut (1 mudu) @ Gboko Main Market, Benue – N500
Groundnut (50kg) @ Maitagari Market, Jigawa State – N12,500
Groundnut (1 Mudu) @ Maitagari Market, Jigawa State – N700
Groundnut (100kg) @ Anchau Market, Kaduna State – N27,000
Groundnut (1 Mudu) @ Anchau Market, Kaduna State – N800
Groundnut (50kg) @ Mile 12, Lagos State – N16,000
Groundnut (1 paint bucket) @ Mile 12 – N1,600
Groundnut (100kg) @ Ninth Mile Market, Enugu State – N36,000
Groundnut (1 Paint Bucket) @ Ninth Mile Market – N1,800
Groundnut (100kg) @ Ughelli Main Market, Delta State – N34,000.
MAIZE CORN MARKET PRICE
Maize (Mudu) @ Makurdi market, Benue State – N400.
Maize (Paint Bucket) @ Makurdi market, Benue State – N1,200.
Maize (Bag) @ Makurdi market, Benue State – N27,000.
GUINEA CORN MARKET PRICE
Guinea Corn (1 mudu) @ Makurdi market, Benue State – N450.
Guinea Corn (Paint Bucket) @ Makurdi market, Benue State – N1,250.
Guinea Corn (Bag) @ Makurdi market, Benue State – N35,000.
