Lagos food market update: Price of titus fish, pepper surges as others plunge

The latest Nairametrics Food Price Survey in Lagos for July and August 2025 revealed a mixed bag of price changes in staple items. The price of Titus Mackerel and pepper surged, while others like white garri, dry onion, and melon experienced significant drops.

The price movements were attributed to seasonal harvests and improved supply. Despite some commodities experiencing marginal increases, including fish, pasta, yam flour, and pepper, others like Honeywell wheat, ThreeCrown milk, yellow maize, and frozen turkey saw noticeable declines.

Traders explained that transportation costs, reduced harvest inflow, and currency weakness were factors affecting prices. Food inflation is expected to remain high in the coming months, with prices continuing to rise despite seasonal harvests.

The Nairametrics Food Price Watch survey tracks the prices of major food items in Lagos markets to provide insights for businesses, policymakers, and consumers.