Economy

Yam Prices Fluctuate Across Lagos as Transport and Supply Challenges Persist

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Yam prices across Lagos markets continue to fluctuate, with traders linking the trend to rising transportation costs, seasonal supply patterns, and ongoing sourcing challenges.

According to findings by the News Agency of Nigeria, both traders and consumers are increasingly factoring in transport fares and convenience when deciding where to purchase the staple food. Yam remains one of Nigeria’s most widely consumed foods, prepared in various forms including boiled, fried, roasted, and pounded dishes.

Major wholesale hubs such as Oyingbo Market and Mile 12 Market continue to attract bulk buyers due to relatively lower prices. However, the cost and stress of transportation often influence consumers to buy from nearby neighborhood markets instead.

Traders who spoke on Sunday said yam prices have risen significantly compared to the same period last year. Tubers that previously sold for between N1,200 and N2,000 in 2025 now range from N2,500 to N3,500 depending on size and quality. Larger tubers command higher prices, while smaller varieties remain more accessible to low income buyers.

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A trader at Oyingbo Market, Ibrahim Hassan, explained that limited supply is a key factor, as farmers have only recently begun planting for the new season. He warned that prices could nearly double by August when demand increases further.

Other traders noted that wholesale markets offer better deals due to direct supply from northern Nigeria, while retailers in smaller markets often add transport and handling costs before resale.

Consumers remain divided in their preferences. Some opt for convenience and smaller purchases at local markets, while others travel to wholesale hubs to take advantage of lower prices despite additional transport costs.

Overall, the variation in yam prices highlights the combined impact of logistics, seasonal production cycles, and market access on food affordability in Lagos.

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