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Published April 26, 2026businesseconomyindustry

Yam prices rise in Lagos, consumers lament

Yam prices in Lagos are on the rise due to transport costs and seasonal supply. See how traders and consumers are navigating the fluctuating costs.

Source-backed market reading focused on the local industrial developments, project signals, and operating consequences that are actually worth tracking.

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Yam prices have continued to fluctuate across Lagos markets, with traders attributing the increase to transportation costs, seasonal supply patterns, and sourcing challenges. The News Agency of Nigeria reports that both traders and consumers are increasingly weighing transport fares and convenience when purchasing the staple food.

Yam remains one of Nigeria’s most consumed staples, widely used in homes, restaurants, and food businesses. It is eaten boiled, fried, roasted, or pounded, making it a regular feature in many households. In Lagos, yam is sold in neighbourhood markets as well as major wholesale hubs such as Oyingbo Market and Mile 12 Market, where traders attract bulk buyers seeking lower prices.

However, while prices at larger markets may be cheaper, transportation costs and convenience often influence where consumers choose to shop. Traders and consumers who spoke with NAN in separate interviews on Sunday said yam prices had risen significantly compared to previous years, citing seasonal supply shortages and rising sourcing costs.

According to them, tubers that sold for between N1,200 and N2,000 during the same period in 2025 now cost between N2,500 and N3,500, depending on size and origin. Traders explained that larger and better-quality tubers command higher prices, while smaller varieties remain more affordable for low-income buyers.

A yam trader at Oyingbo Market, Mr Ibrahim Hassan, said fresh harvests were still limited because the new planting season had just begun. “They are planting yams now, and by August, the yams we are buying for N2,500 to N3,000 could sell for nearly double,” Hassan said.

Another trader at Oyingbo Market, Mrs Jumoke Fakunle, said yam prices were largely determined by tuber size. “The cheapest yam you can get here ranges from N2,500 to N3,500. Prices are generally lower in major markets compared to neighbourhood markets,” she said.

A trader at Mile 12 Market, Mrs Abiodun Ariyo, also noted that yam prices had increased compared to the same period in 2025. Related News GTCO set for food and drink festival Unilever Nigeria posts N59.2bn revenue Hayatu-Deen seeks economic policy reset to tackle hardship According to her, tubers currently sold for between N2,500 and N3,000 were priced between N1,200 and N2,000 around the same time last year.

Another trader at Oyingbo Market, Mrs Kehinde Adebayo, said bulk purchases and direct access to suppliers contributed to relatively cheaper prices. “We receive trailers from the North, so customers buying here enjoy better prices than in smaller roadside markets.

“Retailers in smaller markets usually buy from wholesale hubs and add transportation and other expenses before reselling,” she said. A consumer, Mrs Amaka Njoku, said she preferred buying yam from nearby markets because the prices suited smaller household purchases.

“If we compare it to when yam prices were very high and a tuber sold for almost N10,000, I think N2,500 to N3,500 is fair enough now. “Once you add transport fare, travelling to major markets may not always be worth it,” she said. However, another consumer, Mrs Titilope Adekeye, said she preferred shopping at larger markets where prices were often lower.

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Yam prices rise in Lagos, consumers lament

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Document: Punch Nigeria Business RSS · Source: Punch Nigeria Business RSS

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