Lagos Food Prices Surge in 2025, Essential Items Double in Price

The article highlights a significant surge in food prices in Lagos in 2025, as revealed by a monthly survey conducted by the Nairametrics research team across major markets like Mile 12, Oyingbo, Daleko, and Mushin. Essential food items such as tomato, fish, pepper, and beans experienced a sharp increase of up to 90% in just ten months.

Additionally, the price of a carton of Indomie noodles rose from N14,300 in January to N15,280 in October. This price hike is attributed to ongoing inflationary pressures driven by high fuel costs, exchange rate fluctuations, and logistical challenges, impacting the economy and household budgets significantly.