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Nigeria's Egg Prices Decline Amid High Inflation Rates

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Legit.ng
Nigeria's Egg Prices Decline Amid High Inflation Rates

Egg prices in Nigeria are showing signs of easing after months of rising costs, offering relief to households facing expensive food items. Market surveys and inflation data from August and September 2026 indicate that while egg prices are under downward pressure, reductions are not uniform across states.

The National Bureau of Statistics (NBS) reported a 1.55% decline in food inflation in September, with eggs among the commodities contributing to this slowdown. Despite this, annual food inflation remains high at 19.59%.

Earlier data indicated that the average price of a crate of 30 eggs fell from ₦6,263.92 in March to ₦6,143.11 in April, before a slight increase to ₦6,149.18 in May, marking an overall decline of approximately 1.83% between March and May. In August, a crate of eggs sold for between ₦5,700 and ₦6,500 in Lagos, significantly higher than the ₦5,000 to ₦5,200 range earlier in the year.

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