Nigerians are witnessing a decline in food prices as key staples such as onions, garri, yams, and beans become more affordable across major markets. In Port Harcourt and Abuja, N1,000 now buys six to ten onions, compared to just three or four pieces three months ago.
Similarly, in Lagos, the price of a big basket of fresh tomatoes has dropped by 70%, falling from N120,000 to N35,000. A 50kg bag of foreign parboiled rice now sells for N85,000, down from N110,000, while local parboiled rice has reduced to N95,000 from N105,000 within three months.
Garri prices have also eased, with a 4-litre paint container now selling for N2,500, compared to N3,500 five months ago. Meanwhile, a big tuber of yam in Abuja and Onitsha has dropped to N2,500, down from N5,500.
Consumers have welcomed the price relief, though many, like Chinwe Okezie, a make-up artist at Ikosi–Ketu, say that more action is needed to return food prices to pre-subsidy levels. Experts suggest that sustained affordability will require government support for farmers and broader economic interventions to stabilize food supply.
Nigerians are experiencing a slight reprieve in food prices as the cost of key staples such as onions, garri, yams, and beans sees a noticeable decline across major markets.
The price drop, recorded in cities like Port Harcourt, Abuja, and Lagos, is providing relief to low-income earners struggling with the country's high cost of living.
In Port Harcourt and Abuja, a sum of N1,000 now buys six to ten onions, compared to just three or four pieces three months ago.
Similarly, in Lagos, the price of a big basket of fresh tomatoes has plummeted by 70%, dropping from an average of N120,000 to N35,000.
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The downward trend is also evident in staple grains. A 50kg bag of foreign parboiled rice now sells for N85,000, down from N110,000, while local parboiled rice has reduced to N95,000 from N105,000 within three months.
Garri prices have also softened, with a 4-litre paint container now going for N2,500, compared to N3,500 five months ago. Meanwhile, a big tuber of yam in Abuja and Onitsha has dropped to N2,500, down from N5,500.
Chinwe Okezie, a make-up artist at Ikosi–Ketu, expressed cautious optimism, noting that while the price drops are helpful, food costs are still far from pre-subsidy removal levels.
She urged the government to take further action to support farmers and ensure more affordable food prices nationwide.
For many Nigerians, this price relief is a much-needed respite from years of soaring inflation.
However, experts warn that sustained affordability will require long-term policy interventions, improved agricultural productivity, and economic stability.
