GPS-verified commodity price analysis from 226 Nigerian markets — powered by 10,000+ verified traders across 37 states.
226
Markets Tracked
524+
Commodities
37
States Covered
Weekly
Update Frequency
October 2025's food inflation reading of 13.12% was Nigeria's best in years, driven by a broad-based commodity price decline. But state-by-state data revealed that tomatoes in Ebonyi still cost 224% more than in Plateau State — price gaps that represent both market failure and opportunity.
July to September 2025 brought a dramatic onion price spike, the arrival of the main harvest season, a puzzling rice price anomaly in August, and direct presidential intervention in agricultural supply chains — a quarter of dramatic swings with a positive ending.
September 2025 was the turning point month. President Tinubu's FEC supply route intervention delivered measurable results — garri fell 6.52% in a single month — while the main harvest began pushing beans prices to their lowest in 18 months.
August 2025 produced a counterintuitive data point: rice prices hit their annual peak at ₦1,963.87/kg — the highest of the year — despite harvest season beginning. Meanwhile, beans continued falling and garri showed encouraging signs.
July 2025 brought a painful onion price surge — a 30% spike driven by Kebbi State supply disruptions. National food inflation climbed back to 22.74% as the summer seasonality pattern reasserted itself.
April to June 2025 brought the first real signs of food price relief as beans began their historic descent — but June delivered a sudden tomato and pepper price spike that reminded Nigerians how fragile the recovery was.
Just as Nigerian food markets were showing sustained improvement, June 2025 delivered a sharp reminder of how fragile supply chains remain. Lagos food inflation jumped 6.6 percentage points in a single month as tomato and pepper prices surged due to crop damage in Sokoto and Kano.
May 2025 saw Nigeria's food inflation fall to 21.14% — the first sub-22% reading since the base year change. Garri led the declines while rice remained stubbornly expensive, highlighting the split between locally-grown and import-dependent commodities.
April 2025 delivered the first meaningful price relief in Nigeria's food markets in over a year — led by a significant beans price decline as demand destruction and early supply signals combined to push prices lower.
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