Lagos Food Prices Soar Amid Festive Demand Surge in December 2025

In December 2025, Lagos witnessed a significant increase in food prices driven by heightened festive season demand and supply constraints. A market survey revealed a sharp rise in prices of 70 tracked food items, with 49 increasing and 18 declining.

This surge, attributed to increased household consumption, higher logistics costs, and trader speculation, poses challenges to urban consumers despite a slight moderation in headline food inflation. The price hikes were broad-based, affecting fresh produce, staple foods, proteins, and oils, with traders citing reduced inflows from the north and logistical challenges.

The situation highlights the fragility of food affordability in urban areas amidst the festive period.