Lagos Food Prices Surge in October Amid Supply Issues

In October 2026, food prices in major Lagos markets experienced a notable increase, with 31 out of 67 staples surveyed by Nairametrics rising in price, compared to only 17 in September. Key staples like yellow and white maize saw a 37.5% increase, with a 50kg bag rising from N40,000 to N55,000.

Other staples such as garri, onions, beans, milk products, and frozen foods also faced price hikes due to supply disruptions, seasonal demand, and transportation costs. Conversely, some items like round-shaped tomatoes saw price declines due to increased supplies from northern and central Nigeria.

The national food inflation rate fell to 14.63% year-on-year in September, while Lagos recorded the highest food inflation at 34.40%. The survey reflects ongoing challenges in the food market, despite improvements in supply for certain perishables.