Soya Beans price in Lagos today
Soya Beans costs a median of ₦4,500 per painter across 2 markets in Lagos State as of 19 June 2026. Prices range from ₦4,000 at Mile 12 Market to ₦5,000 at Mushin Market. The price has fallen 5.3% over the past 90 days.
Median price · Lagos State
₦4,500per painter
-5.3%over 90 days
- Lowest
- ₦4,000 Mile 12 Market
- Typical range
- ₦4,250 – ₦4,750 middle 50% of markets
- Highest
- ₦5,000 Mushin Market
- Markets surveyed
- 2 mean ₦4,500
Last surveyed
This data is more than three weeks old. Food prices in Nigeria move weekly — confirm locally before relying on it.
Soya Beans prices at Lagos markets
| Market | State | Price per painter | vs cheapest | Surveyed |
|---|---|---|---|---|
| Mile 12 Market | Lagos | ₦4,000 | cheapest | |
| Mushin Market | Lagos | ₦5,000 | +25% |
Price history — last 90 days
Median price moved from ₦4,750 per painter in 11 May 2026 to ₦4,500 in 15 Jun 2026.
View the weekly figures
| Week of | Median | Lowest | Highest | Observations |
|---|---|---|---|---|
| ₦4,750 | ₦4,500 | ₦5,000 | 6 | |
| ₦4,750 | ₦4,500 | ₦5,000 | 6 | |
| ₦5,000 | ₦4,500 | ₦6,000 | 6 | |
| ₦4,750 | ₦4,500 | ₦5,000 | 6 | |
| ₦4,500 | ₦4,000 | ₦5,000 | 6 | |
| ₦4,500 | ₦4,000 | ₦5,000 | 4 |
Understanding Soya Beans prices in Lagos State
Why Soya Beans prices vary so much
Soya Beans costs 25% more at Mushin Market (₦5,000) than at Mile 12 Market (₦4,000) — a difference of ₦1,000 per painter for the same item.
Most of that gap is transport and distance from where the item is produced or landed. Market size matters too: high-turnover markets buy in larger volumes and sell on thinner margins, while smaller neighbourhood markets carry the cost of a shorter supply chain. Whether a market is primarily wholesale or retail can account for much of the rest.
Is Soya Beans getting more expensive?
Over the last 90 days the median price has fallen from ₦4,750 to ₦4,500 per painter — a change of 5.3%. Prices easing usually reflects harvest supply reaching the markets, and that window does not always last.
Which unit is Soya Beans sold in?
Markets report Soya Beans in painter, 50kg bag, 100kg bag. We never average across units — a price per painter and a price per 50kg bag are different figures, and treating them as one number produces something meaningless. Compare like with like, and check the unit before assuming one market is cheaper than another.
All figures are medians of prices recorded in Nigerian markets, published in Naira.