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).

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.

In 2023, a loaf of fresh white bread of 500 grams cost 1.41 U.S. dollars in Accra, Ghana. This was the highest price among the selected African cities. In Kampala, Uganda, the price of a loaf of bread averaged 1.19 U.S. dollars, while it amounted to 1.08 U.S. dollars in Lagos, Nigeria. The African countries where bread was most expensive were Uganda, South Africa, and Mauritius.

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, 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.

Prices in Nigeria are increasing due to steady inflation and food items are particularly impacted. Food items have different prices across the states. In Anambra State, one kilogram of brown beans, sold loose, costed roughly 906 Naira (around 0.72 U.S. dollars) in August 2023. One kilogram of tomato also reached about 859 Naira, about 0.68 U.S. dollars, while a half kilogram of sliced bread costed some 821 Naira, which is equivalent to 0.65 U.S. dollars.

As of January 2021, the greatest majority of Nigerian households reported experiencing an increase in the prices of essential food items, as over 87 percent of households said the prices of beans, cassava, yam, and sorghum shot higher since January 2020. Moreover, 79 percent of respondents said that the prices of rice increased over the same timespan and 74 percent found onion more expensive than it used to be.

Cost of food in Nigeria increased 23.51 percent in February 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.

The Nigerien market for fresh bread and miscellaneous bakery expanded remarkably to $22.6B in 2024, picking up by 8.5% against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2024: its value increased at an average annual rate of +6.2% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +110.5% against 2014 indices.

Food prices in Nigeria are increasing due to steady inflation and vary from state to state. In Niger State, one kilogram of local rice, sold loose, costed roughly 732.3 Naira (around 0.58 U.S. dollars) in ِAugust 2023. One kilogram of yam tuber, on the other hand, reached about 785 naira, about 0.62 U.S. dollars, while brown beans, sold loose, costed 581.6 Naira per kilogram, some 0.46 U.S. dollars.

In March 2024, the average import price for fresh bread and miscellaneous bakery amounted to $2,476 per ton, with a decrease of -10% against the previous month.

Fresh bread imports into Nigeria stood at X tons in 2017, jumping by X% against the previous year. In general, fresh bread imports continue to indicate a drastic contraction. The pace of growth was the most pronounced in 2017, an increase of X% from the previous year. Nigeria imports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.In value terms, fresh bread imports amounted to $X in 2017. Overall, fresh bread imports continue to indicate a prominent expansion.

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.

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 March 2024, the average baby food import price amounted to $12,391 per ton, falling by -3.5% against the previous month.

Bread and Bakery Price in Nigeria - 2022. Find the latest marketing data on the IndexBox platform.

The price per unit in the 'Fish & Seafood' segment of the food market in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 12.9 U.S. dollars (+50.45 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 38.43 U.S. dollars and therefore a new peak in 2029. Notably, the price per unit of the 'Fish & Seafood' segment of the food market was continuously increasing over the past years.Find further information concerning the price per unit in the 'Chocolate Confectionery' segment of the food market in Brazil and the average revenue per capita in the 'Ready-to-Eat Meals' segment of the food market in Israel. The Statista Market Insights cover a broad range of additional markets.

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.

In 2023, rusks and toasted bread imports into Nigeria soared to 614 tons, rising by 21% compared with 2022.