Prices of selected food products in Nigeria 2023

Published by
Doris Dokua Sasu,
Aug 31, 2023
As of February 2023, the average price in Nigeria for a kilogram of beef with bone added up to 1,823 Nigerian naira (NGN), which equaled 2.35 U.S. dollars. One loaf of unsliced bread costed 515 NGN (0.66 U.S. dollar), whereas frozen chicken reached nearly 2,777 NGN (3.59 U.S. dollars).

Food prices in Nigeria have been rising. In November 2022, the CPI for food peaked at approximately 590 points.

Average prices of selected food products in Nigeria as of February 2023 (in Nigerian naira)

Details: Nigeria; February 2023

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