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Current Prices of Commodities in Nigeria 2020

Most casual stock market investors do not pay serious attention to the current prices of various commodities such as oil and basic foodstuffs for example.

However, these current prices of food commodities in Nigeria can have a major effect on the value of the main stock and the overall market. Noting and following up on these prices help you keep a tab on the market, either s an investor or a regular buyer.

In this post, we will take a look at the prices of some basic commodities in Nigeria. Due to the very broad options available, we will limit our scope to the prices of commodities people buy on a daily basis. This includes foodstuffs and other basic commodities.

Prices of Beans in Nigeria

White Beans (100kg) @ Ninth Mile Market, Enugu State == N25,000

White Beans (Paint Bucket) @ Ninth Mile Market, Enugu State == N1,450

Drum Beans (100kg) @ Gboko Market, Benue State == N25,000

Drum Beans (1 mudu) @ Gboko Market, Benue State == N1,000

Drum Beans (100kg) @ Mile 12 Market, Lagos State == N18,000

Drum Beans (Paint Bucket) @ Mile 12 Market, Lagos State == N800

Drum Beans (100kg) @ Ughelli Main Market, Delta State == N27,000

Drum Beans (Paint Bucket) @ Ughelli Main Market, Delta State == N1,350

Drum Beans (100kg) @ Umuahia Main Market, Abia State == N25,000

Drum Beans (Paint Bucket) @ Umuahia Main Market, Abia State == N1,200

Prices of Groundnut in Nigeria

Groundnut (50kg) @ Maitagari Market, Jigawa State == N8,300

Groundnut (1 Tier) @ Maitagari Market, Jigawa State == N300

Groundnut (100kg) @ Anchau Market, Kaduna State == N27,000

Groundnut (1 tier) @ Anchau Market, Kaduna State == N790

Groundnut (100kg) @ Gboko Main Market, Benue == N48,000

Groundnut (1 mudu) @ Gboko Main Market, Benue == N700

Groundnut (50kg) @ Mile 12, Lagos State == N29,000

Groundnut (1 paint bucket) @ Mile 12 == N1,600

Groundnut (100kg) @ Ninth Mile Market, Enugu State == N36,000

Groundnut (1 Paint Bucket) @ Ninth Mile Market == N1,800

Groundnut (100kg) @ Ughelli Main Market, Delta State == N34,000

Groundnut (1 paint bucket) @ Ughelli Main Market == N1,300

Groundnut (100kg) @ Umuahia Main Market, Abia State == N30,000

Groundnut (1 paint bucket) @ Umuahia Main Market == N1,300

Prices of Maize in Nigeria

Maize (100kg) @ Maitagari Market, Jigawa State == N9,000

Maize (1 Tier) @ Maitagari Market, Jigawa State == N270

Maize (100kg) @ Anchau Market, Kaduna State == N9,500

Maize (1 tier) @ Anchau Market, Kaduna State == N250

Maize (100kg) @ Gboko Main Market, Benue == N14,000

Maize (1 mudu) @ Gboko Main Market, Benue == N400

Maize (50kg) @ Mile 12, Lagos State == N13,500

Maize (1 paint bucket) @ Mile 12 == N600

Maize (100kg) @ Ninth Mile Market, Enugu State == N24,000

Maize (1 Paint Bucket) @ Ninth Mile Market == N1,200

Maize (100kg) @ Ughelli Main Market, Delta State == N15,000

Maize (1 paint bucket) @ Ughelli Main Market == N600

Maize (100kg) @ Umuahia Main Market, Abia State == N14,000

Maize (1 paint bucket) @ Umuahia Main Market == N600

Prices of Palm Oil in Nigeria

Palm Oil (25L) @ Anchau Market, Kaduna State == N10,000

Palm Oil (1 Bottle) @ Anchau Market == N240

Palm Oil (25L) @ Ninth Mile Market, Enugu State == N11,500

Palm Oil (1 Bottle) @ Ninth Mile Market == N580

Palm Oil (25L) @ Gboko Market, Benue State == N8,000

Palm Oil (1 Bottle) @ Benue Market == N250

Palm Oil (25L) @ Mile 12 Market, Lagos State == N13,000

Palm Oil (1 Bottle) @ Mile 12 Market == N800

Palm Oil (25L) @ Ughelli Main Market, Delta State == N7,000

Palm Oil (1 Bottle) @ Ughelli Main Market == N300

Palm Oil (25L) @ Umuahia Main Market, Abia State == N5,500

Palm Oil (1 Bottle) @ Umuahia Main Market == N250

Prices of Rice in Nigeria

Rice (50kg) @ Maitagari Market, Jigawa == N20,000 (imported)

Rice (50kg) @ Anchau Market, Kaduna == N24,000 (local)

Rice (50kg) @ Gboko Main Market, Benue == N17,500 (local)

Rice (50kg) @ Mile 12 Market, Lagos == N28,000 (imported)

Rice (50kg) @ Ninth Mile Market, Enugu == N28,000 (local)

Rice (50kg) @ Ughelli Main Market == N30,000 (local)

Rice (50kg) @ Umuahia Main Market, Abia == N21,000 (local)

Prices of Tomatoes in the Nigerian Market

Tomatoes (40kg) @ Anchau Market, Kaduna == N5,000

Tomatoes (40kg) @ Umuahia Main Market, Abia == N18,000

Tomatoes (25kg) @ Mile 12 Market, Lagos == N9,500

Tomatoes (40kg) @ Ughelli Main Market, Delta == N17,000

Tomatoes (40kg) @ Gboko Main Market, Benue == N15,000

Prices of Soya Beans in Nigeria

Soya Beans (100kg) @ Maitagari Market, Jigawa == N14,500

Soya Beans (100kg) @ Gboko Main Market, Benue == N14,000

Soya Beans (100kg) @ Anchau Market, Kaduna == N14,000

Soya Beans (100kg) @ Ninth Mile Market, Enugu == N24,500

Soya Beans (100kg) @ Mile 12 Market, Lagos == N27,000

Prices of Onions in Nigeria

Onions (100kg) @ Bodija Market, Ibadan == N25,000

Onions (100kg) @ Dawanau Market, Kano == N10,000

Onions (100kg) @ Gboko Market, Benue == N27,000

Onions (100kg) @ Gombe Main Market == N12,000

Onions (100kg) @ Igbudu Market, Delta == N21,000

Onions (100kg) @ Mile 12 Market, Lagos == N25,000

Onions (100kg) @ Nkwo Nnewi Market, Enugu == N15,000

Onions (100kg) @ Umuahia Main Market, Abia == N29,000

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