Lagos Markets See Price Drops for Key Staples in 2026
In September 2026, prices for yam, potatoes, plantain, and tomatoes have seen a marginal decline in Lagos markets, coinciding with a reduction in Nigeria's food inflation rate to 19.57% in August from 20.31% in July, as reported by the National Bureau of Statistics. A survey conducted by BusinessDay revealed significant price drops: a big basket of fresh tomatoes now costs N55,000, down from N80,000 in July, marking a 30% decrease.
Additionally, the price of a 100kg bag of sweet potatoes has fallen to N18,000 from N70,000, representing a 74.3% reduction. Fresh plantain prices have also decreased, with a big bunch now selling for N10,500 compared to N22,000 in July.
This decline in staple prices is expected to alleviate some financial pressure on consumers in Lagos.
Plus234Feed summary based on reporting from BusinessDay. Read the original report below.
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