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Frozen Fish, Pepper, And Tomatoes Price Rise By Over 100%

by Leadership News
5 months ago
in Business
Frozen Fish
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Lagos residents faced a turbulent food market in April 2025 as prices fluctuated across key staples, reflecting the broader inflationary pressure gripping the country.

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While rice, both local and foreign, recorded welcome price reductions, other essential food items such as frozen fish, pepper, and tomatoes saw price hikes of over 100%, placing further strain on household budgets.

This is according to the latest Nairametrics Food Price Survey conducted across four major Lagos markets—Mile 12, Mushin, Daleko, and Oyingbo, highlighting the intensity of price increases across essential items.

In Lagos, food prices are being driven upward by supply chain disruptions, higher transport costs, weather-related harvest issues, and insecurity in food-producing states.

Price change movement: the highs and the lows

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The Lagos food market in April 2025 revealed a marketplace of extremes. Some staple items saw double-digit percentage price hikes, while others offered some relief.

Key drivers behind these movements include rising transportation costs, poor harvest yields due to weather conditions, and persistent supply chain disruptions.

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