The price of rice,beans and other commodities this week

As the Christmas season approaches, many Nigerians are preparing for a potential surge in the prices of essential food items such as rice, beans, tomatoes, and other staples.

Projections indicate that the festive season may trigger widespread panic buying and bulk purchases, a trend often seen during this period.

Traders at popular markets across the country have expressed concerns about the anticipated price hikes, which they attribute to increased demand and potential supply chain disruptions.

As the holidays approach, the government and stakeholders are being called upon to monitor market activities and address any unfair pricing practices to ensure food remains accessible for all Nigerians.

Here is the price of major food commodities this week:

Price Of Bag of Rice 

My Choice Bag of Rice – ₦96,000

Bag of Mama’s Pride Rice – ₦95,000

Khemji Bag of Rice – ₦103,000

25kg Bag of Rice – ₦47,500

Price Of Bag of Beans 

Sweet Pure Butter Beans 50kg – ₦160,000

Soyabeans Very Dried – ₦130,000

Peleed Beans for Moi Moi 20kg – ₦80,000

Neat and Picked Pure Oloyin Sweet Beans 2.5kg – ₦8,500

Price Of Bag of Garri 

Bag Of Garri 50kg – ₦55,000

100 kg Bag of Garri – ₦100,000

Tomatoes

Fresh derica tomatoes big basket – ₦180,000

Medium basket – ₦95,000

Small basket – ₦40,000

Royal Sun Plum Tomatoes By 24 Cans – ₦32,000

Price Of Spaghetti 

Golden Penny Spaghetti (500g × 20) cartoon – ₦28,000

Price Of Palm Oil 

5 litre gallon – ₦ 7,500

25 litre gallon – ₦ 55,ooo