Market Intelligence

Nigerian Food Market News

Weekly intelligence from NBS, AFEX, WFP, CBN and leading Nigerian commodity desks — price movements, supply chain updates and policy changes affecting your market.

3 articles in Regional

REGIONAL

Onitsha Market Disruption Ripples Across Southeast Supply Chain

The partial closure and demolition of Onitsha Main Market in early March disrupted supply chains across the Southeast geopolitical zone, with secondary effects reaching Rivers, Imo and Cross River states. Onitsha is the dominant distribution hub for imported dry goods, palm oil and frozen foods reaching the Southeast and South-South. Traders in Owerri, Aba and Port Harcourt reported delayed restocking from Onitsha suppliers during the first week of March. Commodity prices for garri and palm oil in those markets edged up 5–8% before supply normalised through alternative routes via Asaba and Enugu. The Onitsha Traders Association called on Governor Soludo to provide designated offloading zones for goods-carrying trucks displaced by the demolition exercise.

garripalm oilrice
Vanguard
REGIONAL

Dawanau Market Kano: Grain Prices Stabilise as Dry-Season Harvest Cycle Peaks

Market surveys at Dawanau Market — Nigeria's largest grain market, handling an estimated 500,000 metric tonnes of grains annually — show price stabilisation in the third week of March. A mudu of maize trades at ?1,200–?1,300, millet at ?1,000–?1,100, and beans at ?2,000–?2,200 per mudu, all down sharply from pre-harvest levels. A 100kg bag of white beans trades at ?90,000 — less than half the ?200,000 recorded a year ago. Grain merchants in Kano attribute the moderation to combined effects of bumper northern dry-season harvest, government import waivers and reduced purchasing power dampening urban demand. The low prices are helping southern processors and retailers build stock ahead of the anticipated post-Ramadan demand recovery.

maizebeansmilletsorghum+1 more
Daily Trust
REGIONAL

NBS Data Reveals Persistent North-South Food Price Gap Despite National Moderation

The NBS January 2026 Selected Food Price Watch confirmed that southern zones continue to post higher commodity prices than the north, driven by structural logistics inefficiencies rather than supply differences. For local rice, Niger State recorded the highest price at ?1,841/kg while prices in northern producing states remained significantly lower. Beans prices showed the widest spread — Ondo posted the highest at over ?1,596/kg against Sokoto's ?745/kg, a 114% differential for the same commodity. Analysts note the price gap narrows when the dry-season northern harvest flood arrives in southern markets but widens again as harvest stocks deplete. The pattern reinforces the arbitrage case for traders with inter-state distribution capabilities.

ricebeansgarrionions+1 more
NBS

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