Last Updated: March 2026
Wholesale food prices in Nigeria continue to fluctuate based on supply movement from major agricultural regions, transportation costs, and distribution logistics across the country.
This report provides current bulk and wholesale price ranges for essential food commodities commonly purchased in large quantities by retailers, caterers, and businesses.
Prices may vary by state, quantity, and supplier negotiations.
🍚 Wholesale Rice Prices in Nigeria
Rice remains the most traded staple in Nigeria’s wholesale markets.
- Local rice (50kg bag): ₦48,000 – ₦55,000
- Foreign rice (50kg bag): ₦68,000 – ₦82,000
- 100kg bulk purchase (where available): Negotiable depending on volume
Wholesale buyers purchasing 10+ bags often negotiate lower per-bag pricing depending on supplier relationship.👉 For smaller quantities, see: Food Prices in Nigeria Today https://24hoursmarket.com/food-prices-in-nigeria-today-march-2026-market-update/
🌾 Beans Wholesale Prices
- Brown beans (100kg bag): ₦75,000 – ₦115,000
- White beans (100kg bag): 80,000 – ₦125,000
Northern supply stability directly impacts beans pricing across southern markets.
Bulk buyers in Lagos often source from Daleko, Ile epo and Mile 12 markets.
🌶 Tomato, Pepper & Onion (Bulk)
- Basket of tomatoes: ₦28,000 – ₦45,000
- Basket of pepper: ₦32,000 – ₦60,000
- Bag of onions: ₦80,000 – ₦115,000
Prices fluctuate weekly based on harvest cycles and transportation availability.
🛢 Vegetable Oil Wholesale Pricing
- 25 litres vegetable oil: ₦65,000 – ₦95,000
- Carton (4 x 5L): ₦67,000 – ₦100,000 depending on brand
Bulk oil pricing is sensitive to exchange rate movements and distributor stock levels.
🐟 Frozen Foods & Seafood (Bulk Supply)
- Carton of frozen chicken: ₦50,000 – ₦70,000
- Carton of Titus (mackerel): ₦135,000 – ₦145,000
- Carton of croaker: ₦100,000 – ₦115,000
Wholesale seafood pricing depends on import timing and port clearance conditions.
📊 Market Outlook – March 2026
This month reflects:
- Stable rice supply
- Moderate vegetable price fluctuations
- Continued oil price sensitivity
- Steady protein market
Bulk buyers are advised to monitor fuel price changes, as transportation remains a major cost driver.
Buying in Bulk in Nigeria
For businesses and caterers sourcing packaged foods and pantry staples, reliable supply and transparent pricing are critical.
To monitor weekly retail pricing trends, visit:👉 Food Prices in Nigeria Today