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PB_NG_2024

The Nigeria Price Bulletin for October 2024 reports on staple food prices based on a 3-week average for September 2024, highlighting trends in sorghum, maize, millet, cowpea, gari, and rice across various urban centers. The bulletin includes comparative charts showing current prices against five-year averages and previous year data, emphasizing the importance of these commodities in both household consumption and industry use. Key markets such as Kano and Ibadan are identified as critical for grain trading, with significant cross-border trade with Niger.

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Andrew Tyoh
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0% found this document useful (0 votes)
8 views18 pages

PB_NG_2024

The Nigeria Price Bulletin for October 2024 reports on staple food prices based on a 3-week average for September 2024, highlighting trends in sorghum, maize, millet, cowpea, gari, and rice across various urban centers. The bulletin includes comparative charts showing current prices against five-year averages and previous year data, emphasizing the importance of these commodities in both household consumption and industry use. Key markets such as Kano and Ibadan are identified as critical for grain trading, with significant cross-border trade with Niger.

Uploaded by

Andrew Tyoh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 18

Nigeria Price Bulletin October 2024

Please note that the prices for September 2024 are based on a 3-week average instead of the standard monthly average. The Famine Early
Warning Systems Network (FEWS NET) monitors trends in staple food prices in countries vulnerable to food insecurity. For each FEWS NET
country and region, the Price Bulletin provides a set of charts showing monthly prices in the current marketing year in selected urban centers
and allowing users to compare current trends with both five-year average prices, indicative of seasonal trends, and prices in the previous year.
Sorghum, maize, millet, cowpea, gari (fermented cassava starch),
and rice are all found in Nigerian markets. Sorghum, millet and
maize are widely consumed by most households, but especially in
the north, and are used by various industries. Maize is mainly used
by the poultry industry as a raw material for feed while sorghum is
used by breweries for producing beverages. Sorghum and millet
are important for households in the north, particularly the border
markets where millet is also heavily traded with Niger. Gari is
widely consumed by households in the south and some in the
north. Rice is produced and consumed throughout the country.
The north is a major production and consumption area for cowpea
which flows to the south for use by households and food
processing industries. Ilela, Maiadua, and Damasak are all critical
cross-border markets with Niger. Saminaka, Giwa, Dandume, and
Kaura Namoda are important grain markets in the north, which are
interconnected with the Dawanu market in Kano, the largest
Source: FEWS NET gratefully acknowledges SIMA, Niger for the market wholesale market in West Africa, and some southern markets such
data and information from border areas of northern Nigeria used to as the Bodija market in Ibadan. Millet, sorghum, maize, and
produce this report. All other price data presented are collected through
cowpea are among the most important cereals traded at Kano,
a network of FEWS NET price enumerators.
while cassava and some cereals are traded with Ibadan.

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Cowpeas (White): Nominal Wholesale Prices in Maize (White): Nominal Wholesale Prices in
Kano, Dawanau Kano, Dawanau
100000
180000 90000
160000 80000
140000 70000
NGN/100 kg
NGN/100 kg

60000
120000
50000
100000
80000
40000
60000
30000
40000 20000
20000 10000
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Millet: Nominal Wholesale Prices in Sorghum (White): Nominal Wholesale Prices in


Kano, Dawanau Kano, Dawanau
100000
90000 90000
100000
80000 80000
70000 70000
60000 60000
NGN/100 kg
NGN/100 kg

50000 50000
40000 40000
30000 30000
20000 20000
10000 10000
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

FEWS NET is a USAID-funded activity. The content of this report does not necessarily FEWS NET Nigeria
reflect the view of the United States Agency for International Development or the [email protected]
United States Government. www.fews.net
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Cowpeas (White): Nominal Retail Prices in Aba Cowpeas (White): Nominal Retail Prices in Biu
2500 2500

2000 2000

1500 1500

NGN/kg
NGN/kg

1000 1000

500 500

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Cowpeas (White): Nominal Retail Prices in Damaturu Cowpeas (White): Nominal Retail Prices in Dandume

1800 2500
1600
1400 2000

1200
1500
NGN/kg

1000 NGN/kg
800
1000
600
400 500
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Cowpeas (White): Nominal Retail Prices in Giwa Cowpeas (White): Nominal Retail Prices in Gombe

2500 2500

2000 2000

1500 1500
NGN/kg
NGN/kg

1000 1000

500 500

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Cowpeas (White): Nominal Retail Prices in Gujungu Cowpeas (White): Nominal Retail Prices in Gwandu,
Dodoru
2000 2000
1800 1800
1600 1600
1400 1400
1200 1200
NGN/kg

NGN/kg

1000 1000
800 800
600 600
400 400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

2
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Cowpeas (White): Nominal Retail Prices in Ibadan, Cowpeas (White): Nominal Retail Prices in Kano,
Bodija Dawanau
2500 1800
1600
2000
1400
1200
1500
NGN/kg

NGN/kg
1000

1000 800
600
500 400
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Cowpeas (White): Nominal Retail Prices in Kaura Cowpeas (White): Nominal Retail Prices in Lagos,
Namoda Mile 12
1800 3000
1600
2500
1400
1200 2000

NGN/kg
NGN/kg

1000
1500
800
600 1000
400
500
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Cowpeas (White): Nominal Retail Prices in Maiduguri Cowpeas (White): Nominal Retail Prices in Mubi

2500 2500

2000 2000

1500 1500
NGN/kg

NGN/kg

1000 1000

500 500

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Cowpeas (White): Nominal Retail Prices in Potiskum Cowpeas (White): Nominal Retail Prices in Saminaka

2500 2500

2000 2000

1500 1500
NGN/kg
NGN/kg

1000 1000

500 500

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

3
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Gari (White): Nominal Retail Prices in Ibadan, Bodija Groundnuts (Shelled): Nominal Retail Prices in Aba
1400 3000

1200 2500
1000
2000
NGN/kg

800

NGN/kg
1500
600
1000
400

200 500

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 2 Year Average Previous Year Current Year

Groundnuts (Shelled): Nominal Retail Prices in Groundnuts (Shelled): Nominal Retail Prices in
Dandume Damaturu
2500 1600
1400
2000
1200

1500 1000
NGN/kg

NGN/kg
800
1000 600
400
500
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Groundnuts (Shelled): Nominal Retail Prices in Giwa Groundnuts (Shelled): Nominal Retail Prices in Kano,
Dawanau
2000 1600
1800 1400
1600
1200
1400
1200 1000
NGN/kg
NGN/kg

1000 800
800 600
600
400
400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Groundnuts (Shelled): Nominal Retail Prices in Kaura Groundnuts (Shelled): Nominal Retail Prices in
Namoda Maiduguri
1600 2500
1400
2000
1200
1000 1500
NGN/kg

NGN/kg

800
600 1000

400
500
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

4
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Groundnuts (Shelled): Nominal Retail Prices in Maize (White): Nominal Retail Prices in Aba
Potiskum
1800 1200
1600
1000
1400
1200 800
NGN/kg

NGN/kg
1000
600
800
600 400
400
200
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 2 Year Average Previous Year Current Year

Maize (White): Nominal Retail Prices in Biu Maize (White): Nominal Retail Prices in Damaturu

900 1000
800 900
800
700
700
600
600
NGN/kg
NGN/kg

500
500
400
400
300 300
200 200
100 100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Maize (White): Nominal Retail Prices in Dandume Maize (White): Nominal Retail Prices in Giwa

900 900
800 800
700 700
600 600
NGN/kg

500
NGN/kg

500
400 400
300 300
200 200
100 100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Maize (White): Nominal Retail Prices in Gombe Maize (White): Nominal Retail Prices in Gujungu

1200 1000
900
1000 800
700
800
600
NGN/kg

NGN/kg

600 500
400
400 300
200
200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

5
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Maize (White): Nominal Retail Prices in Gwandu, Maize (White): Nominal Retail Prices in Ibadan, Bodija
Dodoru
1000 1200
900
1000
800
700 800
600

NGN/kg
NGN/kg

500 600
400
400
300
200 200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Maize (White): Nominal Retail Prices in Kano, Maize (White): Nominal Retail Prices in Kaura Namoda
Dawanau
1000 900
900 800
800 700
700
600
600
NGN/kg
NGN/kg

500
500
400
400
300
300
200 200
100 100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Maize (White): Nominal Retail Prices in Lagos, Maize (White): Nominal Retail Prices in Maiduguri
Mile 12
1400 1400

1200 1200

1000 1000
NGN/kg

NGN/kg

800 800

600 600

400 400

200 200

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Maize (White): Nominal Retail Prices in Mubi Maize (White): Nominal Retail Prices in Potiskum

1000 1200
900
1000
800
700 800
600
NGN/kg
NGN/kg

500 600
400
400
300
200 200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

6
Nigeria Price Bulletin October 2024

Ti 2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Maize (White): Nominal Retail Prices in Saminaka Millet: Nominal Retail Prices in Aba

1200 1000
900
1000 800
700
800
600
NGN/kg

NGN/kg
600 500
400
400 300
200
200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 2 Year Average Previous Year Current Year

Millet: Nominal Retail Prices in Biu Millet: Nominal Retail Prices in Damaturu

1000 1000
900 900
800 800
700 700
600 600
NGN/kg
NGN/kg

500 500
400 400
300 300
200 200
100 100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Millet: Nominal Retail Prices in Dandume Millet: Nominal Retail Prices in Giwa

1000 1000
900 900
800 800
700 700
600 600
NGN/kg

NGN/kg

500 500
400 400
300 300
200 200
100 100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Millet: Nominal Retail Prices in Gombe Millet: Nominal Retail Prices in Gujungu

1200 1000
900
1000 800
700
800
NGN/kg

600
NGN/kg

600 500
400
400 300
200
200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

7
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Millet: Nominal Retail Prices in Gwandu, Dodoru Millet: Nominal Retail Prices in Ibadan, Bodija

1200 1200

1000 1000

800 800
NGN/kg

NGN/kg
600 600

400 400

200 200

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Millet: Nominal Retail Prices in Ilela Millet: Nominal Retail Prices in Kano, Dawanau

400 900
350 800

300 700
600
250
XOF/kg

NGN/kg
500
200
400
150
300
100 200
50 100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Millet: Nominal Retail Prices in Kaura Namoda Millet: Nominal Retail Prices in Lagos, Mile 12

1000 1400
900 1200
800
1000
700
600
NGN/kg

800
NGN/kg

500
600
400
300 400
200
200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Millet: Nominal Retail Prices in Maiadua Millet: Nominal Retail Prices in Maiduguri

400 1400
350 1200
300 1000
250
NGN/kg
XOF/kg

800
200
600
150
400
100
50 200

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

8
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Millet: Nominal Retail Prices in Mubi Millet: Nominal Retail Prices in Potiskum

1000 1200
900
800 1000
700
800
600
NGN/kg

NGN/kg
500 600
400
300 400
200
200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Millet: Nominal Retail Prices in Saminaka Palm Oil: Nominal Retail Prices in Aba

1400 2000
1800
1200
1600
1000 1400
1200
NGN/Liter
NGN/kg

800
1000
600 800
400 600
400
200
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 2 Year Average Previous Year Current Year

Palm Oil: Nominal Retail Prices in Biu Palm Oil: Nominal Retail Prices in Damaturu

2000 1800
1800 1600
1600 1400
1400 1200
1200
NGN/Liter
NGN/Liter

1000
1000
800
800
600
600
400 400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Palm Oil: Nominal Retail Prices in Dandume Palm Oil: Nominal Retail Prices in Giwa

1800 1800
1600 1600
1400 1400
1200 1200
NGN/Liter

NGN/Liter

1000 1000
800 800
600 600
400 400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

9
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
Ti
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Palm Oil: Nominal Retail Prices in Gombe Palm Oil: Nominal Retail Prices in Gujungu
2500 2000
1800
2000 1600
1400
1500
NGN/Liter

1200

NGN/Liter
1000
1000 800
600
500 400
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Palm Oil: Nominal Retail Prices in Gwandu, Dodoru Palm Oil: Nominal Retail Prices in Ibadan, Bodija

2000 1600
1800 1400
1600
1200
1400
1200 1000
NGN/Liter

1000 NGN/Liter 800


800 600
600
400
400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Palm Oil: Nominal Retail Prices in Kaura Namoda Palm Oil: Nominal Retail Prices in Lagos, Mile 12

1400 3000

1200 2500
1000
2000
NGN/Liter
NGN/Liter

800
1500
600
1000
400

200 500

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Palm Oil: Nominal Retail Prices in Maiduguri Palm Oil: Nominal Retail Prices in Mubi

1800 2500
1600
1400 2000

1200
1500
NGN/Liter
NGN/Liter

1000
800
1000
600
400 500
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

10
Nigeria Price Bulletin October 2024

2
Ti 5 Year0 Average 2018/19 - 2022/23 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Palm Oil: Nominal Retail Prices in Saminaka Local Rice: Nominal Retail Prices in Aba

2500 1800
1600
2000 1400
1200
1500
NGN/Liter

NGN/kg
1000
800
1000
600
500 400
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 2 Year Average Previous Year Current Year

Local Rice: Nominal Retail Prices in Biu Local Rice: Nominal Retail Prices in Damaturu
1600 1400
1400 1200
1200
1000
1000
800
NGN/kg

800 NGN/kg
600
600
400
400
200 200

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Local Rice: Nominal Retail Prices in Dandume Local Rice: Nominal Retail Prices in Giwa

1800 1600
1600 1400
1400 1200
1200
1000
NGN/kg
NGN/kg

1000
800
800
600
600
400 400

200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Local Rice: Nominal Retail Prices in Gombe Local Rice: Nominal Retail Prices in Gujungu
1800 1600
1600 1400
1400 1200
1200
1000
NGN/kg

NGN/kg

1000
800
800
600
600
400 400

200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

11
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Local Rice: Nominal Retail Prices in Gwandu, Dodoru Local Rice: Nominal Retail Prices in Ibadan, Bodija

1400 1800
1600
1200
1400
1000
1200

NGN/kg
800 1000
NGN/kg

600 800
600
400
400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Local Rice: Nominal Retail Prices in Kano, Dawanau Local Rice: Nominal Retail Prices in Kaura Namoda

1800 1600
1600 1400
1400
1200
1200
1000
NGN/kg

1000
NGN/kg 800
800
600 600

400 400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Local Rice: Nominal Retail Prices in Maiduguri Local Rice: Nominal Retail Prices in Mubi

1800 1400
1600 1200
1400
1000
1200
NGN/kg

800
NGN/kg

1000
800 600
600
400
400
200 200

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Local Rice: Nominal Retail Prices in Potiskum Local Rice: Nominal Retail Prices in Saminaka

1400 1800
1600
1200
1400
1000 1200
NGN/kg

800 1000
NGN/kg

600 800
600
400
400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

12
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
Ti
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Imported Rice (5% Broken): Nominal Retail Prices in Imported Rice (5% Broken): Nominal Retail Prices in
Aba Biu
1800 2500
1600
1400 2000

1200
1500

NGN/kg
NGN/kg

1000
800
1000
600
400 500
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
2 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Imported Rice (5% Broken): Nominal Retail Prices in Imported Rice (5% Broken): Nominal Retail Prices in
Damaturu Dandume
1800 1200
1600
1000
1400
1200 800

NGN/kg
NGN/kg

1000
600
800
600 400
400
200
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Imported Rice (5% Broken): Nominal Retail Prices in Imported Rice (5% Broken): Nominal Retail Prices in
Giwa Gombe
1400 2500

1200
2000
1000
1500
NGN/kg

800
NGN/kg

600
1000
400
500
200

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Imported Rice (5% Broken): Nominal Retail Prices in Imported Rice (5% Broken): Nominal Retail Prices in
Gwandu, Dodoru Ibadan, Bodija
1800 1800
1600 1600
1400 1400
1200 1200
NGN/kg
NGN/kg

1000 1000
800 800
600 600
400 400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

13
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Imported Rice (5% Broken): Nominal Retail Prices in Imported Rice (5% Broken): Nominal Retail Prices in
Kaura Namoda Lagos, Mile 12
2000 2500
1800
1600 2000
1400
1200 1500

NGN/kg
NGN/kg

1000
800 1000
600
400 500
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Imported Rice (5% Broken): Nominal Retail Prices in Imported Rice (5% Broken): Nominal Retail Prices in
Maiduguri Mubi
3000 1800
1600
2500
1400
2000 1200
NGN/kg

NGN/kg
1000
1500
800
1000 600
400
500
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Imported Rice (5% Broken): Nominal Retail Prices in Imported Rice (5% Broken): Nominal Retail Prices in
Potiskum Saminaka
900 1400
800 1200
700
1000
600
NGN/kg

800
NGN/kg

500
400 600
300
400
200
200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Sorghum (Mixed): Nominal Retail Prices in Ilela Sorghum (White): Nominal Retail Prices in Aba
350 1200
300
1000
250
800
XOF/kg

200
NGN/kg

600
150

100 400

50 200

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 2 Year Average Previous Year Current Year

14
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Sorghum (Mixed): Nominal Retail Prices in Maiadua Sorghum (White): Nominal Retail Prices in Biu

400 1000
350 900
800
300
700
250 600
XOF/kg

NGN/kg
200 500
150 400
300
100
200
50 100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Sorghum (White): Nominal Retail Prices in Damaturu Sorghum (White): Nominal Retail Prices in Dandume

1000 600
900
800 500
700
400
600
NGN/kg
NGN/kg

500 300
400
300 200

200 100
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Sorghum (White): Nominal Retail Prices in Giwa Sorghum (White): Nominal Retail Prices in Gombe
1000 1200
900
800 1000
700
800
600
NGN/kg

NGN/kg

500 600
400
300 400
200
200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Sorghum (White): Nominal Retail Prices in Gujungu Sorghum (White): Nominal Retail Prices in Gwandu,
Dodoru
1000 1200
900
1000
800
700 800
600
NGN/kg

NGN/kg

500 600
400
300 400
200
200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

15
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Sorghum (White): Nominal Retail Prices in Ibadan, Sorghum (White): Nominal Retail Prices in Kano,
Bodija Dawanau
1200 1000
900
1000 800
700
800
600
NGN/kg

NGN/kg
600 500
400
400 300
200
200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Sorghum (White): Nominal Retail Prices in Kaura Sorghum (White): Nominal Retail Prices in
Namoda Lagos, Mile 12
900 1400
800 1200
700
1000
600

NGN/kg
NGN/kg

500 800
400 600
300
400
200
100 200

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Sorghum (White): Nominal Retail Prices in Maiduguri Sorghum (White): Nominal Retail Prices in Mubi

1400 1200

1200 1000
1000
800
NGN/kg

800
NGN/kg

600
600
400
400

200 200

0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Sorghum (White): Nominal Retail Prices in Saminaka Yams: Nominal Retail Prices in Aba

1200 500
450
1000
400
800 350
300
NGN/kg

NGN/kg

600 250
200
400
150
200 100
50
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 2 Year Average Previous Year Current Year

16
Nigeria Price Bulletin October 2024

2 Average 2018/19 - 2022/23


5 Year0 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Yams: Nominal Retail Prices in Ibadan, Bodija Yams: Nominal Retail Prices in Kano, Dawanau

1600 1600
1400 1400
1200 1200
1000 1000
NGN/kg

NGN/kg
800 800
600 600
400 400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Yams: Nominal Retail Prices in Lagos, Mile 12 Gasoline: Nominal Retail Prices in Aba
1400 1400

1200 1200
1000 1000

NGN/Liter
800 800
NGN/kg

600 600
400 400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 2 Year Average Previous Year Current Year

Gasoline: Nominal Retail Prices in Kano, Dawanau Gasoline: Nominal Retail Prices in Lagos, Mile 12
1200 1000
900
1000
800
800 700
NGN/Liter

600
NGN/Liter

600 500
400
400
300
200 200
100
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Gasoline: Nominal Retail Prices in Maiduguri Diesel: Nominal Retail Prices in Aba

1200 2000
1800
1000 1600
1400
800
1200
NGN/Liter
NGN/Liter

600 1000
800
400 600
400
200
200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

5 Year Average Previous Year Current Year 2 Year Average Previous Year Current Year

17
Nigeria Price Bulletin October 2024

5 Year2
0 Average 2018/19 - 2022/23 2 Year Average 2021/22 - 2022/23 Previous Year 2022/23 Current Year 2023/24
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Diesel: Nominal Retail Prices in Ibadan, Bodija Diesel: Nominal Retail Prices in Kano, Dawanau

1600 1600
1400 1400
1200 1200
1000 1000
NGN/Liter

NGN/Liter
800 800
600 600
400 400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

Diesel: Nominal Retail Prices in Lagos, Mile 12 Diesel: Nominal Retail Prices in Maiduguri

1400 1800

1200 1600
1400
1000
1200
NGN/Liter

NGN/Liter
800 1000
600 800
600
400
400
200 200
0 0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
5 Year Average Previous Year Current Year 5 Year Average Previous Year Current Year

FEWS NET: Nigeria Price Bulletin, October 31, 2024

18

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