Cost Of Commodities In Nigeria Now And Before Recession

The prices of most commodities have gone through the roof, some doubling from pre-recession valuation

Air Fare (Economy)
Lagos to USA
Cost before: 350k – 400k
Present cost (average): 600k – 700k

Lagos to London
Cost before: 250k
Present cost (average): 400k

Golf Car
Cost before: 500k – 600k
Present cost (average): 1.3m – 1.5m

Sugar (1 bag)
Cost before: N8,800
Present cost (average): N17,000

Flour (50kg)
Cost before: N8,640
Present cost (average): N10,800

Garri (1 bag)
Cost before: N8,000
Present cost (average): N12,000

Yam flour (1 bag)
Cost before: N40,000
Present cost (average): N60,000

Palm oil (25 litres)
Cost before: N5,000
Present cost (average): N10,000

Vegetable oil (25 litres)
Cost before: N6,500
Present cost (average): N13,000

Beans (1 bag)
Cost before: N18,000
Present cost (average): N27,000

Parboiled rice (1 bag)
Cost before: N10,000
Present cost (average): N20,000

Indomie (carton)
Cost before: N1,400
Present cost (average): N1,900

Crate of eggs
Cost before: N700
Present cost (average): N850

Turkey (1kg)
Cost before: N800
Present cost (average): N1,400

Kerosene (5 litres)
Cost before: N750
Present cost (average): N2,125

Cement
Cost before: N1,500
Present cost (average): N2,300

12.5kg cooking gas
Cost before: N2,400
Present cost (average): N3,700

Wheat (5kg)
Cost before: N900
Present cost (average): N1,500

Semovita (5kg)
Cost before: N900
Present cost (average): N1,500

Bread (loaf)
Cost before: N70
Present cost (average): N100

Tomato paste
Cost before: N40
Present cost (average): N70