
The National Bureau of Statistics (NBS) reported significant year-on-year price declines for key Nigerian staples in September 2025, marking the sharpest drop in over a year. The data indicates that government interventions in food logistics and supply chains may be easing household food costs.
Key findings:
- Brown beans: -33.7% YoY (from N2,738.59 to N1,815.76 per kg), -1.74% MoM.
- White garri: -25.51% YoY (from N1,170.25 to N871.78 per kg), -6.52% MoM.
- Maize: -16.57% YoY, -6.56% MoM.
- Tomatoes: -10.56% YoY (average N1,279.84/kg), -0.45% MoM.
However, some food items increased in price:
- Boneless beef: +21.79% YoY (N6,861.25/kg).
- Local rice: +1.99% YoY (N1,952.94/kg).
Regional disparities:
- Highest prices: South-East (Enugu and Ebonyi).
- Lowest prices: North-West and North-East, close to major farming regions.
The report attributes the declines partly to improved interstate transport, logistics security, and cost reductions, following directives from President Bola Tinubu’s ministerial committee to ensure safer and more efficient food distribution.
Economists caution that while households may see short-term relief, commodity prices remain vulnerable to fuel costs, exchange rates, and climate-related production issues.
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