WATCH THE VIDEO HERE This year has seen significant hikes in the cost of staple foods, driven by inflation, insecurity, and supply chain disruptions, leaving many households struggling to afford basic commodities. From rice to vegetables, and from meat to cooking oil, the prices of essential food items have been on an upward trajectory throughout the year. A 50kg bag of rice, for instance, now sells between ₦90,000 and ₦100,000 in many markets, compared to around ₦55,000 last year. Similarly, a bottle of palm oil has doubled in price, while the cost of a kilogram of chicken has surged to over ₦5,500. For many Nigerians, the festive season is synonymous with family gatherings and shared meals, making the affordability of food a critical concern. Here is the price of major food commodities this week: Price Of Bag Of Rice 50kg Bag of Golden Rice Nigeria Rice – ₦85,000 Vitally 50kg Long Grain Bag of Rice – ₦95,000 Optimum And Mafa Bag Of Rice At Wholesale Price – ₦92,000 25kg Bag of Rice – ₦47,500 Price Of Bag Of Beans Sweet Pure Butter Beans 50kg – ₦150,000 Brown Beans 50kg From Maiduguri – ₦90,000 A Rubber of Brown Beans – ₦7,500 Peeled Dried Honey Beans/ Beans Flour – ₦15,000 Honey Beans (Oloyin) – ₦110,000 Clean Hand Picked Oloyin Beans (Honey Beans) 50kg – ₦175,000 Chad Sweet Brown Beans (50kg) – ₦90,000 Soyabeans Very Dried – ₦115,000 Price Of Bag Of Garri One Paint Of Garri – ₦3,500 Bag Of Garri 50kg – ₦40,000 Garri (Garri Ijebu) – ₦55,000 100 kg Bag of Garri – ₦80,000 Tomatoes Small basket of tomatoes – ₦5,000 Small basket of pepper – ₦3,500 Fresh Tomatoes Basket – ₦50,000 Price Of Chicken Chicken sells between ₦15,000 to ₦20,000
As Nigerians gear up for the festive season, the joy of Christmas celebrations is mixed with cautious optimism about a possible reduction in the soaring prices of foodstuffs.
Price Of Bag Of Rice, Beans, Tomatoes, Chicken, Other Food Commodities This Week
