Nigeria Price
Welcome to NigeriaPrice.com, your central hub for understanding the dynamic landscape of prices in Nigeria. Whether you’re a resident trying to budget, a business owner gauging the market, a tourist planning a trip, or a researcher studying the economy, we are here to provide a comprehensive Nigeria price list for almost everything under the Nigerian sun.
The term “Nigeria Price” reflects more than just a number on a tag; it tells a story of the nation’s economy, its supply chains, consumer demand, and the daily realities of its people. From the bustling markets of Lagos to the serene farmlands of the north, the Nigerian price of a commodity can vary, influenced by factors like location, season, and global economic trends.
This definitive guide aims to be your go-to resource, offering up-to-date information on the price in Nigeria for a vast array of goods and services. We’ll explore everything from the cost of your daily meals and transportation to major investments like housing, cars, and building projects. Our goal is to empower you with the knowledge you need to make informed financial decisions.
The Nigerian Kitchen: A Deep Dive into Food Prices
Food is the cornerstone of any household budget, and its price is a daily concern for millions. The Nigerian prices for food items are famously dynamic, reacting to seasons, harvests, inflation, and transportation costs. Based on the latest data from mid-2025, here’s a look at what Nigerians are paying for staple food items. The recent surge in food inflation has put significant pressure on household incomes, making a clear understanding of market prices more crucial than ever.Current Market Prices for Key Staples (2025)
Here is a sample price list in Nigeria for common food items found in major markets like those in Lagos, Enugu, and Kano:- Rice (Foreign, 50kg bag): ₦110,000 – ₦120,000
- Rice (Local, 50kg bag): ₦75,000 – ₦90,000
- Beans (Oloyin, 50kg bag): ₦78,000 – ₦90,000
- Garri (White, 50kg bag): ₦45,000 – ₦55,000
- Yam (Medium Tuber): ₦4,500 – ₦8,000 (highly seasonal)
- Onions (Large Bag): ₦100,000 – ₦130,000
- Tomatoes (Large Basket): ₦18,000 – ₦25,000 (can fluctuate wildly)
- Pepper (Large Bag): ₦140,000
- Palm Oil (25 Litres): ₦60,000 – ₦65,000
- Vegetable Oil (5 Litres): ₦20,000
- Chicken (1kg, Frozen): ₦4,000 – ₦4,500
- Kote Fish (1kg, Frozen): ₦4,200
- Titus Fish (1kg, Frozen): ₦7,000
- Loaf of Fresh White Bread (500g): ₦1,300 – ₦1,800
- Eggs (Crate of 30): ₦3,500 – ₦4,500
- Milk (Evaporated, Tin): ₦500 – ₦700
Dining Out: The Price of Convenience
While home cooking is the norm, dining out offers a different perspective on Nigerian food prices.- Meal at an Inexpensive Restaurant (Buka): ₦1,500 – ₦3,000
- Three-course Meal for Two (Mid-range Restaurant): ₦30,000 – ₦50,000
- Jollof Rice with Chicken (Standard Restaurant): ₦8,000 – ₦10,000 per plate
- McMeal at McDonald’s (or equivalent): ₦6,000 – ₦8,000
Getting Around: Transportation Costs in Nigeria
Mobility is key to Nigeria’s economy and daily life. Transportation costs encompass everything from the price of fuel to the purchase of vehicles and the cost of public transit.Fuel Prices
Fuel prices are a major driver of inflation across all sectors. As of late 2024/early 2025, the pump price for petrol has hovered around:- Petrol (Gasoline) per litre: ~₦998
- Diesel per litre: ~₦1,379
Vehicle Prices: The Nigerian Dream
Owning a car is a significant aspiration and investment for many. The market is dominated by “Tokunbo” (foreign-used) cars, but new vehicles are also available.Popular Foreign-Used (Tokunbo) Car Prices
- 2008 – 2012 Toyota Corolla: ₦8,500,000 – ₦12,000,000
- 2008 – 2012 Toyota Camry: ₦9,000,000 – ₦13,000,000
- 2008 – 2010 Honda Accord: ₦10,000,000 – ₦12,000,000
- 2008 Lexus RX 350: ₦10,500,000 – ₦15,000,000
Brand New Car Prices (2024/2025 Models)
The price in Nigeria for new cars is significantly higher, reflecting import duties and brand positioning.- 2024 NORD A3: ~₦48,900,000
- 2025 GAC Gs3: ~₦65,015,000
- 2024 Toyota Camry: ~₦110,000,000
- 2025 Toyota Hilux: ₦96,000,000 – ₦105,000,000
- 2025 Mercedes-Benz GLC 300: ~₦220,000,000
- 2024 Lexus LX 600: ~₦430,000,000
Public Transport and Domestic Travel
- Local Bus Fare (One-way): ₦500 – ₦1,000 depending on distance
- Flight from Lagos to Abuja (One-way, Economy): ₦74,000 – ₦152,000 (highly dependent on booking time and airline)
- Flight from Lagos to Abuja (Return, Economy): ₦177,000 – ₦299,000
The Foundation of Homes: Building Material Prices
The construction sector is a vital part of the Nigerian economy. Whether you’re building a personal home or a commercial property, understanding the cost of materials is the first step. Here is a detailed Nigeria price list for common building materials, based on the latest comprehensive data.Cement, Blocks, and Aggregates
- Cement (50kg bag – Dangote, BUA, Lafarge): ₦6,500 – ₦7,500
- 9-inch Block (Vibrated, Stone Dust): ₦330 – ₦350 per block
- 6-inch Block (Vibrated, Stone Dust): ₦290 – ₦320 per block
- Sharp Sand (20-ton tipper): ₦60,000 – ₦70,000
- Granite (20-ton tipper): ₦180,000 – ₦200,000
- Laterite (20-ton tipper): ₦48,000 – ₦50,000
Reinforcement Steel Rods (per ton)
- 12mm Steel Rod (Local): ~₦420,000 – ₦440,000 per ton
- 16mm Steel Rod (Local): ~₦420,000 – ₦440,000 per ton
- 12mm Steel Rod (Imported): ~₦440,000 – ₦450,000 per ton
Roofing Materials
- Aluminum Roofing Sheet (0.55mm, per square meter): ₦1,900 – ₦2,200
- Stone Coated Roofing Tile (per square meter): ₦3,500 – ₦5,000
Doors and Windows
- Flush Door (High Quality): ₦57,500 – ₦65,000
- Local Steel Security Door: ₦52,500 – ₦57,000
- Turkish Steel Security Door: ₦201,500 – ₦225,000
- Aluminum Sliding Window (600x750mm, bronze glazed): ₦7,000 – ₦8,000
Finishing Materials
- Wall Tiles (250x400mm, China, per sqm): ₦3,100 – ₦3,900
- Floor Tiles (60x60cm, Vitrified, per sqm): ₦4,000 – ₦5,500
- Emulsion Paint (20 Litres, Berger): ₦28,000 – ₦33,500
- Emulsion Paint (20 Litres, Dulux): ₦29,000 – ₦32,000
- WC Toilet Set (Tyford, complete): ₦40,000 – ₦47,000
Tech & Communication: Electronics Prices
The Nigerian price for electronics, especially smartphones, is highly competitive. Brands like Tecno, Infinix, and Itel dominate the market with offerings at various price points.Popular Smartphone Prices (2025)
- TECNO POP 10 (3GB+64GB): ~₦103,300
- Tecno Spark 40 (8GB+256GB): ~₦179,600
- Infinix Smart 10 (3GB+64GB): ~₦102,000
- Infinix Note 50 Pro (8GB+256GB): ~₦378,400
- Tecno Camon 40 Pro (8GB+256GB): ~₦369,700
- Tecno Camon 40 Premier 5G (12GB+256GB): ~₦694,300
Internet and Data Plans
- Mobile Monthly Plan (with 10GB+ Data): ₦4,000 – ₦10,000
- Broadband Internet (60 Mbps+, Unlimited): ₦25,000 – ₦50,000 per month
The Cost of Shelter: Housing and Rent in Nigeria
The price in Nigeria for accommodation varies dramatically between cities and even neighborhoods. Lagos, as the commercial capital, has some of the highest rental and property prices in the country. The following figures are representative of costs in Lagos.Monthly Rent
- 1-Bedroom Apartment (Outside City Centre): ₦300,000 – ₦800,000
- 1-Bedroom Apartment (in City Centre, e.g., Ikeja, Lekki Phase 1): ₦800,000 – ₦2,500,000
- 3-Bedroom Apartment (Outside City Centre): ₦700,000 – ₦2,000,000
- 3-Bedroom Apartment (in City Centre): ₦2,000,000 – ₦6,000,000
Buying Property
- Price per Square Meter (City Centre): ₦250,000 – ₦500,000
- Price per Square Meter (Outside Centre): ₦100,000 – ₦250,000
Utilities
- Basic Utilities (Electricity, Water, Garbage) for 3-Bedroom Apt: ₦30,000 – ₦70,000 per month (highly variable depending on power supply and usage).
Wages, Salaries, and Economic Context
To fully understand the Nigeria prices, it’s essential to look at them in the context of average earnings.- Minimum Wage (Official): ₦30,000 per month (Note: A new minimum wage is under negotiation).
- Average Monthly Net Salary (After Tax): Approximately ₦150,000 – ₦350,000. This figure can be skewed by very high earners, and the median salary is likely lower.