Residents of Lagos experienced sharp fluctuations in food prices in April 2025, with increases in the cost of essential items reflecting the broader inflationary pressures across Nigeria.
According to the latest Nairametrics Food Price Survey conducted across four major markets—Mile 12, Mushin, Daleko, and Oyingbo—prices of key staples such as frozen fish, pepper, and tomatoes surged by over 100%, compounding the strain on household budgets.
In contrast, the survey recorded price declines in both local and foreign rice varieties, offering slight relief to consumers. However, the overall market landscape remained volatile, with several items registering double-digit price hikes.
The report attributes the rising food costs to multiple factors, including disruptions in supply chains, increased transportation expenses, adverse weather affecting harvests, and insecurity in major food-producing regions.
The April 2025 snapshot of the Lagos food market underscored a climate of extremes, as residents navigated unpredictable price movements across critical commodities.
source: Nairametrics