Food Cost: Prices of Foodstuffs in Nigeria (May 2022)

Food Cost: Prices of Foodstuffs in Nigeria (May 2022)

Prevailing Food Cost
Prevailing Food Cost
  • Foodstuff Prices in Nigeria Today
  • Current foodstuffs price in Nigeria (May 2022) – Food cost in Nigeria
  • Commodities Trading Overview: Price list of Foodstuffs in Nigeria 2022

Food Cost Overview

Food is an absolute necessity. It is a requirement, not a desire. Humans, as well as animals, require food to survive. In fact, it is estimated that the average human will perish if he or she goes without food for ten days. That’s how vital it is.

Related Food Cost Articles in Nigeria

While food is a necessity in many parts of the world, it is considered a luxury in Nigeria. But, what are the actual prices of foodstuffs in Nigeria? This is one of the questions addressed in this post.

Foods vary in their type, purpose, and quality. What some people consider food may not be considered food by others. A typical Nigerian lady, for example, could buy noodles, beverages, spaghetti, coco pops, fruits and fiber, peanut butter, and other light food items.

A typical Nigerian man’s list is different: rice, beans, garri, yams, beverages, and so on. However, there are foods that transcend cultural, social, and economic boundaries, regardless of brand or quality.

This post will reveal the current market prices for these commodities.

The benefit of food stuffs is that everyone requires them. You must eat, no matter who you are – autonomous consumption

Your foods may differ, but they are still foods. So, what are the food prices in Nigeria?

This post will reveal the current prices of these items on the market.

This article will reveal the list of All Food Items/Ingredients in Nigeria and Their Current Prices in the Market. Also it will help you in making informed purchasing decisions anytime you go grocery shopping.

Food Cost: Nigerians Groan as Prices of Food Items Rise

Nigerians are currently facing an increase in food prices. Prices of food, such as beef, eggs, and beans, are rapidly rising after the epidemic and flooding has exacerbated the country’s poor agricultural and farming circumstances.

Food pricing is influenced by urban influences as well. In Nigeria, cities such as Lagos, Abuja, and Port Harcourt, for example, have extremely high living standards.

The sellers believe that working-class people in cities such as Lagos, Abuja, and Port Harcourt earn more money.

How much does it cost to stock your kitchen, fridge, or store with delicious food for you and your family? Let’ take a look

Foodstuffs List in Nigeria: kitchen food items name – Basic foods checklist
  • Rice
  • Beans
  • Potato
  • Yam
  • Plantain
  • Banana
  • Red Meat
  • Chicken
  • Snail Meat
  • Crayfish
  • Prawn
  • Pepper
  • Salt
  • Vegetables (Ugu)
  • Onions
  • Fish
  • Vegetable oil (Palm, groundnut, coconut oil, etc)
  • Egusi
  • Ogbono
  • Ewedu (Yoruba Soup)
  • Salad (Garbage, Carrot, Cucumber, etc)
  • Tomato
  • Spices
  • Achi and Ofo (Igbo soup)
  • Garri
  • Semo
  • Stock Fish
  • Noodles
Food Cost: Price of (General) Foodstuff in Nigeria

The fact that some food prices are rising across the country does not mean that others are not falling. Rice, Nigeria’s most popular food, has experienced a price drop in recent months.

In some parts of Lagos, the price of a bag of rice dropped from ₦19,000 to ₦17,500. Some sellers claim that locally grown Nigerian rice has infiltrated the market, resulting in increased competition. This, however, reduced the market price of imported rice.

This type of transformation has also been observed in garri. In general, the price of garri was reduced by more than 50% in late 2021. This could be due to the season, which is a major factor in determining the prices of goods.

Unfortunately, the price of some common foodstuffs such as egusi seed and ogbono has risen.

The price of egusi fluctuates on a regular basis because the majority of it consumed in the country is imported. The price is influenced by the ongoing rise and fall of the Naira-Dollar exchange rate. Similarly, the price of ogbono has been fluctuating for quite some time.

Food Cost: Prices of Rice in Nigeria

Even though there are different varieties of rice in the market, the pricing here will only cover the most common brands, which include: Caprice, Stallion, Mama Gold, and Rice Master. The price of rice differs according to the brand and market location.

  • Rice (50kg bag) – N14,500 – N17,500
  • Rice (25kg bag) – N7,000 – N9,000
  • A bag of Rice (10kg) – N2,500 – N3,000
  • Rice (5kg bag) – N1,200 – N1,600
Food Cost: Prices of Beans in Nigeria

Beans are a high-protein meal popular among Nigerians. Men adore beans, according to popular belief.

Despite the fact that rice is a far more popular commodity, beans are more expensive. They are used in the preparation of boiled or porridge beans, Akara, moimoi, and even soup (gbegiri).

There are also various bean species in Nigeria, including Oloyin, Olotun, Butter beans, Ion beans, Zebra beans, and even the white species found in the north.

Let’s look at the prices. Oloyin Beans (50kg) – N30,000 – N39,000 (depending on location and market)

  • Oloyin (25kg) – N15,000 – N19,000
  • Olotun (50kg) – N29,000 – N36,000
  • Beans Olotun (25kg) – N14,000 – N17,500
  • Butter Beans (50kg) – N33,000
  • Butter Beans (25kg) – N16,500
  • White Beans (50kg) – N32,000
  • Brown Beans (50kg) – N32,000
Food Cost: Prices of Yam in Nigeria

Yam is a tuber crop that is high in carbs. The Nigerian yams are called by their local names, like Bwari Yam, Abuja yam, Benue yam, and so on.

Yams are great for boiling, making porridge, and pounded yams.

  • Abuja Yam (Large) – N700 – N900
  • Abuja Yam (Medium) – N500 – N650
  • Regular Yam (Large) – N500 – N800
  • Regular Yam (Medium) – N350 – N500
Food Cost: Prices of Noodles in Nigeria

Noodles simply became the fast substitute for people who can’t, or don’t have the time to, cook. This tendency became very mainstream by the early 2000s and has remained so today.

Different brands are present and they include Indomie, Chiki, Golden Penny, Uno, and so on. Note that brand like Indomie come in different flavors and sizes.

  • Indomie Chicken (70g x 40ps)- N1,900 – N2,100
  • Indomie Onion (70g x 40ps) – N2,100 – N2,200
  • Superpack (120g x 40ps) – N3,300- N3,400
  • Hungry Man (200g x 24ps)- N4,300- N4,500
  • Indomie Belleful (305g x 16ps)- N4,300- N4,500
  • Chiki Noodles (100g x 40) – N3,000- N3,200
  • Golden Penny Noodles (70g x 40ps) – N2,200
Food Cost: Prices of Other Food Items in Nigeria
  • Bag of Garri (Ijebu    80kg) – N10,500
  • Bag of Garri (White 50kg) N6,500 – N7,500
  • A Bag of Garri (Yellow 50kg) N6,500 – N7,500
  • Sweet Potato (Big Basket) – N500 – N650
  • Small Basket N300 – N400
  • Irish Potato (Big Basket) – N1,900 – N2,200
  • Irish Potato (Medium Basket) – N1,100 – N1,300
  • Potato Irish (Small Basket) – N500 – N700
  • Spaghetti (Golden Penny 500g) – N200-N250
  • Spaghetti (Dangote 500g) – N200-N250
  • A pack of Spaghetti (Power 500g) – N200-N250
  • Spaghetti (Bonita 500g) – N250-N300
  • Gallon of Palm Oil (5 ltrs) – N2,200-N2,500
  • Gallon of Palm Oil (20 ltrs) – N8,800-N9,000
  • A gallon of Palm Oil (30 ltrs) – N12,800-N13,000
  • A gallon of Vegetable Oil Local (5liters) – N2,300-N2,500
  • Gallon of Vegetable Oil (20 liters) – N9,000- N9,500
  • A gallon of Vegetable Oil (30 liters) – N13,500 –N14,000
  • Kings Vegetable Oil (5 liters) – N2,900- N3,000
  • Wesson Vegetable Oil (5 liters) – N4,500 – N4,700
  • Mamador Vegetable Oil (3.8 ltrs) – N3,000 – N3,200
  • Power Vegetable Oil (3 liters) – N2,400- N2,600
  • Dangote Sugar (50kg) – N17,000- N17, 300
  • Sugar St’ Louis Sugar (Cube 500g) – N350- N400
  • Sugar Golden Penny Sugar (cube) 500g – N300- N400
  • Bread Val-U (1 loaf) – N300- N400
  • Bread Butterfield (1 loaf) – N350- N400
  • Egg N/A Crate – N1100- N1300
Food Cost: Prices of Milk (Powdered) in Nigeria
  • Peak (Tin 400g) – N1,150- N1,200
  • Peak (Tin 900g) – N1,900-N2,000
  • Milk Peak milk (Refill) 500g – N950- N1,100
  • Milk Three Crowns (Refill) 380g – N800-N900
  • A pack of Milk Loya Powdered (Tin) 400g – N800-N900
  • A pack of Milk Loya (Refill) 400g – N750-N850
  • Milk Coast (Refill) 500g – N700- N800
  • Milk Dano Powdered (Tin) 500g – N900- N1,000
  • A pack of Milk Dano Powdered (Tin) 900g – N1,650- N1,700
  • Milk Dano (Refill) 500g – N800-N1000
Food Cost: Prices of Beverages in Nigeria
  • Cocoa Beverages Milo (Tin) 500g – N1,000- N1200
  • Cocoa Beverages Milo (Tin) 900g – N1,900-N2000
  • A pack of Cocoa Beverages Milo Refill 500g – N950- N1000
  • Cocoa Beverages Bournvita Refill 500g – N850-N950
  • Cocoa Beverages Bournvita (Plastic) 500g – N950-N1000
  • A pack of Cocoa Beverages Bournvita (Plastic) 900g – N1,600-N1800
  • Cocoa Beverages Ovaltine (Refill) 500g 850- N950
  • Cocoa Beverages Ovaltine (Plastic) 500g – N900- N100
  • A pack of Coffee Nescafe Gold Blend – N1,600- N1800
  • Coffee Nescafe Classic 50g – N550- N600
  • Tea Lipton Yellow label 52g – N230- N300
  • Tea Top tea 52g – N200- N300
Food Cost: Price of Spices in Nigeria

There are different spices found in the West African kitchen to make amazing delicacies. Without these spices, any food will be tasteless.

Hence, the work of spices aside from nutritional value is also to add taste to food.

Below, I’ve gathered a price list of some popular spices required to cook a basic Nigerian dish.

  • Maggi (Sachet): ₦500-₦550
  • Knorr (Sachet): ₦500-₦550
  • Grinned Pepper: ₦300- ₦1000
  • Black Pepper: ₦300- ₦400
  • Chili Pepper: ₦100- ₦1000 (Depending on Quantity Needed)
  • Thyme: ₦120- ₦200
  • Curry: ₦120- ₦200
  • Powder Ginger: ₦80- ₦120
  • Powder Garlic: ₦50- ₦100
  • Potash (Akanwu): ₦20-₦50
  • Locust Beans (Dawa-Dawa): ₦100- ₦1000 (Depending on Quantity Needed)
  • Annapurna Salt: ₦50-₦100
  • Mr. Chef Salt: ₦50- ₦100
  • Dangote Salt: ₦70- ₦150
  • Nutmeg: ₦20- ₦100

Some of these spices are high in nutritional value. For example, the black pepper has been proven to assist with weight loss, ease digestion, prevent cancer, and battle colds and coughs.

The curry leaf has also been shown to help reduce blood cholesterol levels and lower blood sugar levels.

Food Cost: Prices of Perishables & Vegetables in Nigeria
  • Fresh Tomatoes: ₦100 Upwards (According to Quantity Needed)
  • Cabbage: ₦100
  • Onion: ₦50 Upwards (According to Quantity Needed)
  • Carrots: ₦50 Upwards (According to Quantity Needed)
  • Green Peas: ₦100
  • Spring Onion: ₦200
  • Sweet Potato: ₦200- ₦400
  • Irish Potato: ₦200- ₦500
  • French Peas: ₦50
  • Fresh Pepper: ₦100 Upwards (According to Quantity Needed)
  • Water Leaf: ₦50- ₦100
  • Pumpkin leaf (Ugwu): ₦50- ₦100
  • Bitter Leaf: ₦20- ₦100
  • Spinach (Green): ₦100- ₦300
  • Curry Leaf: ₦50 – ₦100
  • Scent Leaf (Eferin): ₦50- ₦100
  • Pepper Soup Spices (Powder): ₦200- ₦500
Food Cost: Fish and Meat Prices in Nigeria

Beef is the most popular meat in Nigeria. According to reports, Nigeria alone consumes over 80,000 cows daily. Goat meat, ram meat, and other meats are also available on the market.

White meats, on the other hand, such as turkey and chicken, are also popular. Nigerian delicacies are so distinct that some require a special type of meat to prepare.

Egusi, for example, is primarily made with beef or goat meat and a lot of fish. While sauce-like rice stews are typically made with chicken or turkey. Whatever you like to eat, there’s always the right meat or fish to spice things up.

Stockfish: ₦200- ₦3,500

  • Tilapia: ₦600- ₦1500
  • Catfish: ₦1000- ₦3000 (Depending on the Size)
  • Croaker: ₦1000- ₦3,000
  • Titus: ₦500
  • Beef: ₦300 Upwards (According to Quantity Needed)
  • Goat Meat: ₦500 Upwards (According to Quantity Needed)
  • Kpomo (Cow Skin): ₦500 Upwards (According to Quantity Needed)
  • Assorted (Intestine, Liver, Kidney, Stomach skin): ₦500 Upwards (According to Quantity Needed)
  • Chicken (1Kg): ₦2,600
  • Chicken (0.5Kg): ₦2,600
  • Turkey (1Kg): ₦1400
  • Turkey (0.5kg): ₦650
  • Gizzard: ₦300- ₦1000
  • Cray Fish: ₦50- ₦1000
  • Prawn: ₦50- ₦500
  • Ram Meat: ₦500- ₦5,000
  • Snail: ₦500-₦800
Final Words on Food Cost:

Overall, food prices in Nigerian households have risen dramatically, and market experts have warned that these high food prices are here to stay because farming has become unsustainable due to flooding and insecurity. It’s not possible for a single article to cover all of the foodstuffs known to man. All of the foods I’ve listed here are some of the most common ones that Nigerians consume on a daily basis.

I hope you find this guide to the prices of foodstuffs in Nigeria useful, so that the next time you go shopping, you’ll have a good idea of how much you’ll need/spend

Also, prices continue to fluctuate as the forces of demand and supply continue to interact. Nonetheless, I do hope this list gives you a general idea.

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