NBS Report: Prices of Beans, Garri, Maize, Others Sharply Drop in One Month

NBS Report: Prices of Beans, Garri, Maize, Others Sharply Drop in One Month

  • The National Bureau of Statistics reported slight declines in the prices of major food items such as beans, garri, maize, and tomatoes in September 2025
  • Month-on-month data indicated mild reductions across most items despite the annual variations, although rice and beef showed year-on-year increases
  • The report also highlighted significant price differences across states, with Enugu, Ebonyi, Imo, and others recording the highest prices for several staples

Legit.ng journalist Victor Enengedi has over a decade's experience covering Energy, MSMEs, Technology, Banking and the Economy.

The National Bureau of Statistics (NBS) has reported a mild reduction in the cost of several major food items, including beans, garri, maize, tomatoes, and others, during September 2025.

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The update was contained in the agency’s Selected Food Prices Watch report released in Abuja on Tuesday.

Food prices drop in Nigeria as NBS releases September data
Nigerians have commended the reduction of prices across markets. Photo credit: Bloomberg/Contributor
Source: Getty Images

According to the NBS, the average price of 1kg of brown beans dropped by 33.70% compared to the same month in 2024, sliding from N2,738.59 to N1,815.76 in September 2025. Month-on-month data also showed a 1.74 per cent fall from the N1,847.82 recorded in August.

White garri followed a similar trend. Its average price fell by 25.51% year-on-year, moving from N1,170.25 in September 2024 to N871.78 in September 2025. On a monthly basis, the commodity became 6.52% cheaper than the N932.53 recorded in August.

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Maize prices also eased. A kilogram of loose white maize was 16.57% cheaper than it was a year earlier, dropping from N1,065.14 to N888.68. Month-on-month, the price declined by 6.56% from N951.04.

Tomato prices continued the overall downward movement. The average price for 1kg fell by 10.56% year-on-year, moving from N1,430.87 to N1,279.84, while experiencing a slight 0.45% dip compared to August’s N1,285.61.

Rice and beef show mixed trends

Unlike most food items listed, local rice recorded a marginal increase in its year-on-year price. The average cost of 1kg rose by 1.99 per cent, climbing from N1,914.77 in September 2024 to N1,952.94 in September 2025.

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Despite this annual rise, the commodity dipped slightly month-on-month by 0.56% from N1,963.87.

Boneless beef presented a different picture. Its average price surged by 21.7% compared to the previous year, reaching N6,861.25.

However, the report showed almost no change on a monthly basis, just a marginal 0.02% decline from the N6,860.07 recorded in August.

1.Food prices drop in Nigeria as NBS releases September data
Both traders and consumers are hopeful that the price reductions would be sustained through the Yuletide. Photo credit: Jo June
Source: Getty Images

State-by-state price differences

Price variations across states remained significant in September. Enugu recorded the highest average price for brown beans at N2,337.58, while Yobe offered the lowest at N1,223.42.

For white garri, Ebonyi topped the price chart at N1,297.22, whereas Taraba recorded the least expensive average at N450. Imo had the highest price for white maize at N1,488.50, contrasting sharply with Yobe’s low of N547.84.

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Tomato prices ranged widely as well, with Ebonyi reporting the highest average at N2,301.38 and Plateau the lowest at N697.69.

Meanwhile, Enugu again led in local rice prices at N2,385.73, while Lagos had the lowest recorded price at N1,963.87.

Smuggled rice worsens Nigeria's Forex crisis

In related news, Legit.ng reported that the Nigerian Customs Service has warned of the consequences of smuggling prohibited items, especially rice and petrol.

The Service reiterated that the continuous smuggling of these banned goods adversely affects Nigeria's economy and creates forex woes.

Speaking to journalists, the Customs Area Controller highlighted the need to stop rice smuggling so that local rice millers can succeed.

Source: Legit.ng

Authors:
Victor Enengedi avatar

Victor Enengedi (Business HOD) Victor Enengedi is a trained journalist with over a decade of experience in both print and online media platforms. He holds a degree in History and Diplomatic Studies from Olabisi Onabanjo University, Ogun State. An AFP-certified journalist, he functions as the Head of the Business Desk at Legit. He has also worked as Head of Editorial Operations at Nairametrics. He can be reached via victor.enengedi@corp.legit.ng and +2348063274521.