Rice, Garri, Beans Prices Crash in Nigeria

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Nigeria's food prices are showing signs of relief, with staple items like rice, beans, garri, tomatoes, and onions experiencing a marginal decline in November 2025, according to the National Bureau of Statistics (NBS). 

The Selected Food Prices Watch report reveals a noticeable year-on-year and month-on-month reduction, offering slight respite to households amid economic pressures.

Key price drops include:

- Local rice (1kg): ₦1,861.95, down 5% year-on-year and 2.71% month-on-month

- Brown beans (1kg): ₦1,547.03, down 43.14% year-on-year and 12.13% month-on-month

- White garri (1kg): ₦819.70, down 32% year-on-year and 3.19% month-on-month

- Tomatoes (1kg): ₦1,243.02, down 15.57% year-on-year and 2.06% month-on-month

- Onions (1kg): ₦1,332.77, down 29.03% year-on-year and 2.60% month-on-month

However, palm oil prices bucked the trend, rising 1.70% year-on-year to ₦2,508.73. State-level analysis shows significant price variations, with Kogi State recording the highest rice price (₦2,159.99) and Bauchi State the lowest (₦1,237.81).

The NBS report comes after President Bola Tinubu's September 2025 directive to reduce food prices, suggesting some measures may be contributing to the easing prices. 

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