Opaindex
Food Staples prices in Nigeria
Sector market report · 4 tracked items ·
Food Staples prices in Nigeria were mostly higher in the week to 23 June 2026: of 4 tracked items, 3 rose and 1 eased, with Garri (white) the biggest move (+4.5% to ₦38,000 per 50kg bag).
Key takeaways
- Opaindex tracks 4 food staples price points in Nigeria, each carrying its source, as-of date and confidence rating.
- In the week to 23 June 2026, 3 items rose and 1 eased week-on-week.
- Garri (white) saw the biggest move, +4.5% to ₦38,000 per 50kg bag.
- Prices range from ₦38,000 (Garri (white)) to ₦82,000 (Rice (local)), drawn from 4 distinct sources.
Current food staples prices
| Item | Price | Day |
|---|---|---|
| Rice (local) Nigeria · 50kg bag | ₦82,000 | +0.4% |
| Groundnut Oil Nigeria · 25 litres | ₦62,000 | +0.3% |
| Palm Oil Lagos · 25 litres | ₦48,000 | -0.8% |
| Garri (white) Nigeria · 50kg bag | ₦38,000 | -1.2% |
Tap any item for its full sourced page — price history, source, freshness and confidence.
This week
Risers (3)
- Garri (white) +4.5%
- Palm Oil +1.7%
- Groundnut Oil +0.9%
Decliners (1)
- Rice (local) -2.3%
Biggest move: Garri (white), +4.5% to ₦38,000.
Related coverage
- CBN holds interest rate at 26.5%, pausing its 2026 easing cycle as inflation ticks up
Nigeria’s Monetary Policy Committee kept the benchmark rate (MPR) at 26.5% at its 19–20 May 2026 meeting — its first pause after February’s cut — as headline inflation edged up to 15.69% in April.
- Nigeria weekly market wrap (23 June 2026): Garri (white) leads price gains
Across 10 daily-tracked Nigerian prices, 8 rose and 2 eased in the week to 23 June 2026 — Garri (white) led gains (+4.5%) while Rice (local) eased (-2.3%).
- Rice prices ease in Nigeria as harvest supply improves
Local rice fell ~2.3% week-on-week to ₦82,000 per 50kg bag as new harvest volumes reach wholesale markets.