The trend is detailed in the Selected Food Price Watch report released on Friday by the National Bureau of Statistics, which shows both year on year and month on month reductions in the prices of several widely consumed staples, including rice, beans, garri, and tomatoes.
According to the report, the average price of one kilogram of local rice fell to N1,913.78 in October 2025. This represents a 2.01 percent decline compared with N1,944.64 recorded in October 2024, as well as a 1.59 percent drop from the September 2025 average. The decline is considered significant given rice’s position as a primary staple in Nigerian households and a major driver of food inflation trends.
Beans recorded one of the sharpest price corrections during the period. The NBS data shows that the average price of one kilogram of brown beans declined to N1,760.53 in October 2025, down from N2,798.50 a year earlier. This translates to a steep 37.09 percent year on year decrease, alongside a further 3.04 percent reduction compared with September 2025. The bureau attributed the sharp fall to improved harvest yields and increased market supply, particularly across the North central and North west regions.
Garri prices also showed significant easing. The average price of one kilogram of white garri dropped to N846.69 in October 2025, compared with N1,198.05 in October 2024, reflecting a 29.33 percent year on year decline. On a month on month basis, prices fell by 2.88 percent from N871.78 recorded in September 2025. The NBS linked the sustained decline to more stable cassava production and improved processing output.
Similarly, the average price of loose tomatoes declined to N1,269.17 per kilogram in October 2025. This represents a 13.43 percent reduction from N1,465.99 recorded in the same month last year, and a 0.83 percent decrease from September 2025. Despite tomatoes being highly sensitive to seasonal weather patterns and transportation challenges, the data indicates improved supply conditions across key tomato producing states.
The NBS report suggests that easing supply constraints, better harvest outcomes, and improved market availability contributed to the overall moderation in food prices during the month. Analysts note that if the trend is sustained, it could help slow food inflation and ease cost of living pressures in the final quarter of the year.
