Cost of food in Nigeria increased 22.74 percent in July of 2025 over the same month in the previous year. This dataset provides - Nigeria Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria: Food price index, world average = 100: The latest value from 2021 is 101.71 index points, an increase from 84.436 index points in 2017. In comparison, the world average is 105.854 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 93.073 index points. The minimum value, 84.436 index points, was reached in 2017 while the maximum of 101.71 index points was recorded in 2021.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

        A dataset of monthly food price inflation estimates (aggregated for all food products available in the data) is also available for all countries covered by this modeling exercise.

Geographic coverage notes

The data cover the following sub-national areas: Abia, Borno, Yobe, Katsina, Kano, Kaduna, Gombe, Jigawa, Kebbi, Oyo, Sokoto, Zamfara, Lagos, Adamawa, Market Average

In September 2023, the Consumer Index Price of food in Nigeria stood at 737.3, increasing from the previous year. Consumer price index is a measure that examines the changes in the purchasing power of a currency. It measures changes in the price level of the market basket of consumer goods and services purchased by households. The movement of the Consumer Price Index is the main measure for inflation rate.

Food prices in the country of Nigeria from the year 2017 to November 2021.

As of January 2021, the greatest majority of Nigerian households reported experiencing an increase in the prices of essential food items, as over ** percent of households said the prices of beans, cassava, yam, and sorghum shot higher since January 2020. Moreover, ** percent of respondents said that the prices of rice increased over the same timespan and ** percent found onion more expensive than it used to be.

This dataset contains Food Prices data for Nigeria, sourced from the World Food Programme Price Database. The World Food Programme Price Database covers foods such as maize, rice, beans, fish, and sugar for 98 countries and some 3000 markets. It is updated weekly but contains to a large extent monthly data. The data goes back as far as 1992 for a few countries, although many countries started reporting from 2003 or thereafter.

As of May 2024, the average price in Nigeria for a unit of frozen chicken added up to slightly over 4,829 Nigerian naira (NGN), which equaled 3.2 U.S. dollars. One kilogram of boneless beef cost 4,712 NGN (3.14 U.S dollars), whereas one piece of medium-sized chicken eggs reached nearly 151 NGN (10 cents).

Food Prices for Nigeria.

Contains data from the FAOSTAT bulk data service covering the following categories: Consumer Price Indices, Deflators, Exchange rates, Producer Prices

In 2023, purchases abroad of canned food increased by 254% to 143K tons for the first time since 2020, thus ending a two-year declining trend.

In April 2024, food prices in Nigeria increased considerably compared to April of the preceding year. Prices of sweet potato, plantain (unripe), and broken rice (ofada) increased the most. In particular, the price of a kilogram of unripe plantain grew by over 168 percent compared to the previous year, while the price of a tuber of yam rose by about 154 percent. Overall, none of the selected foods recorded a price decrease.

Context

This Data set contains the average price of selected food items from January 2016 to June 2016

Content

What's inside is more than just rows and columns. Make it easy for others to get started by describing how you acquired the data and what time period it represents, too. The data was taken from the Online Library of the Nigerian Bureau of Statistics (NBS). Although, originally an Excel workbook containing prices of food items from the different states in Nigeria per sheet, one of the sheets (the one uploaded) contained the National Average. This is the one I was most interested in, so I copied into a CSV file for further analysis. As at the time of downloading (31st July, 2017), the workbook contained data up till the month of June 2017.

Acknowledgements

The NBS is doing a good job in curating data from Nigeria.

Inspiration

I will like to be able to make recommendations on the spending pattern/budget of Nigerians with regards to the prices of food items.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

Geographic coverage notes

The data cover the following areas: Afghanistan, Armenia, Bangladesh, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Congo, Dem. Rep., Congo, Rep., Gambia, The, Guinea, Guinea-Bissau, Haiti, Indonesia, Iraq, Kenya, Lao PDR, Lebanon, Liberia, Libya, Malawi, Mali, Mauritania, Mozambique, Myanmar, Niger, Nigeria, Philippines, Senegal, Somalia, South Sudan, Sri Lanka, Sudan, Syrian Arab Republic, Yemen, Rep.

Nigeria GDP: Basic Prices: Industry: Mfg: Food, Beverage & Tobacco data was reported at 4,568,843.852 NGN mn in 2017. This records an increase from the previous number of 4,101,673.554 NGN mn for 2016. Nigeria GDP: Basic Prices: Industry: Mfg: Food, Beverage & Tobacco data is updated yearly, averaging 599,014.042 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 4,568,843.852 NGN mn in 2017 and a record low of 18,370.355 NGN mn in 1981. Nigeria GDP: Basic Prices: Industry: Mfg: Food, Beverage & Tobacco data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.A007: GDP: by Industry: Current Price: Annual.

Selected Food Prices Watch - Nigeria

Baby food imports into Nigeria fell to 14K tons in 2023, which is down by -8.9% on 2022 figures.

Nigeria Consumer Price Index (CPI): Food and Non Alcoholic Beverages data was reported at 1,094.640 Nov2009=100 in Dec 2024. This records an increase from the previous number of 1,066.283 Nov2009=100 for Nov 2024. Nigeria Consumer Price Index (CPI): Food and Non Alcoholic Beverages data is updated monthly, averaging 103.319 Nov2009=100 from Jan 1995 (Median) to Dec 2024, with 360 observations. The data reached an all-time high of 1,094.640 Nov2009=100 in Dec 2024 and a record low of 14.962 Nov2009=100 in Jan 1995. Nigeria Consumer Price Index (CPI): Food and Non Alcoholic Beverages data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s Nigeria – Table NG.I004: Consumer Price Index: November 2009=100.

Nigeria Consumer Price Index (CPI): Urban: Food and Non Alcoholic Beverages data was reported at 238.800 May2003=100 in Jun 2010. This records an increase from the previous number of 236.100 May2003=100 for May 2010. Nigeria Consumer Price Index (CPI): Urban: Food and Non Alcoholic Beverages data is updated monthly, averaging 165.250 May2003=100 from Jan 2003 (Median) to Jun 2010, with 90 observations. The data reached an all-time high of 238.800 May2003=100 in Jun 2010 and a record low of 98.200 May2003=100 in Mar 2003. Nigeria Consumer Price Index (CPI): Urban: Food and Non Alcoholic Beverages data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.I003: Consumer Price Index: May 2003=100. Rebased from May2003=100 to Nov2009=100 Replacement series ID: 245298603

Nigeria GDP: Basic Prices: Services: Accommodation & Food Services data was reported at 692,826.390 NGN mn in Dec 2024. This records an increase from the previous number of 549,271.374 NGN mn for Sep 2024. Nigeria GDP: Basic Prices: Services: Accommodation & Food Services data is updated quarterly, averaging 245,596.022 NGN mn from Mar 2010 (Median) to Dec 2024, with 60 observations. The data reached an all-time high of 692,826.390 NGN mn in Dec 2024 and a record low of 52,906.461 NGN mn in Jun 2010. Nigeria GDP: Basic Prices: Services: Accommodation & Food Services data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s Nigeria – Table NG.A005: SNA 2008: GDP: by Industry: Current Price.

The price per unit in the 'Ready-to-Eat Meals' segment of the food market in Nigeria was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+***** percent). After the tenth consecutive increasing year, the price per unit is estimated to reach ***** U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Ready-to-Eat Meals' segment of the food market was continuously increasing over the past years.Find further information concerning the price per unit in the 'Fruits & Nuts' segment of the food market in Iran and the volume in the 'Oils & Fats' segment of the food market in Brazil. The Statista Market Insights cover a broad range of additional markets.