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Beans Prices per Bag in Nigeria Today: Here’s the Latest Update

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By Okay.ng
Published: March 5, 2024
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Curious about the current bean prices in Nigeria? If you’re eager to know, you’re in the right place. In this article, we’ll provide you with the most recent information on bean prices across the country as of March 5th, 2024.

Contents
Beans in NigeriaNigeria: Leading Producer and Consumer of BeansPrice of Beans in the Nigerian Market Today

Beans in Nigeria

Beans hold a special place in Nigerian cuisine, being one of the most popular and widely consumed foods in the country. Ranked as the 4th most consumed crop after cassava, yam, and rice, beans are cherished by Nigerians for their versatility and nutritional value. Cultivation of beans is particularly prominent in the Northern part of Nigeria, with brown beans being more abundant than black-eyed beans.

Nigeria: Leading Producer and Consumer of Beans

Nigeria is not only the highest producer of beans globally but also the leading consumer. In 2010, the country produced a staggering 2.2 million metric tons of beans, with states like Borno, Zamfara, Sokoto, Kano, Gombe, and Yobe taking the lead in production. Beans are utilized in various popular dishes such as boiled or porridge beans, akara, moimoi, and soup (gbegiri), showcasing its importance in Nigerian cuisine.

Price of Beans in the Nigerian Market Today

Determining the exact price of beans in Nigeria can be challenging due to various factors such as bean species, seasonality, availability, and geographical location. Prices may fluctuate even within the same locality, as witnessed in Akko LGA, Gombe State, where the cost per measure (Mudu) can vary between different areas within the same local government.

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Below is an overview of the prices for a bag of beans in Nigeria based on quantity and bean species:

Beans TypeWeightPrices
White Beans25kg₦18,750
White Beans50kg₦37,500
White Beans100kg₦75,000
Brown Beans25kg₦19,500
Brown Beans50kg₦39,000
Brown Beans100kg₦78,000
Honey Beans25kg₦20,000
Honey Beans50kg₦40,000
Honey Beans100kg₦80,000
Oloyin Beans25kg₦19,000
Oloyin Beans50kg₦39,000
Olotun Beans25kg₦17,500
Olotun Beans50kg₦36,000
Butter Beans25kg₦16,500
Butter Beans50kg₦33,000

Please note that these prices are indicative and may vary based on market dynamics and other factors. It’s advisable to inquire locally for the most accurate and up-to-date prices.

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