Wheat price in Lagos today
Wheat costs a median of ₦2,500 per painter across 4 markets in Lagos State as of 5 October 2026. Prices range from ₦2,000 at Mile 12 Market to ₦3,500 at Ajah Market. The price has risen 8.3% over the past 90 days.
Median price · Lagos State
₦2,500per painter
+8.3%over 90 days
- Lowest
- ₦2,000 Mile 12 Market
- Typical range
- ₦2,000 – ₦3,125 middle 50% of markets
- Highest
- ₦3,500 Ajah Market
- Markets covered
- 4 mean ₦2,625
Latest insights
Wheat prices at Lagos markets
| Market | State | Price per painter | vs cheapest | Insight date |
|---|---|---|---|---|
| Mile 12 Market | Lagos | ₦2,000 | cheapest | |
| Mushin Market | Lagos | ₦2,000 | cheapest | |
| Century Market | Lagos | ₦3,000 | +50% | |
| Ajah Market | Lagos | ₦3,500 | +75% |
Price history — last 90 days
Median price moved from ₦3,000 per painter in 30 Sept 2026 to ₦3,250 in 5 Oct 2026.
View the weekly figures
| Week of | Median | Lowest | Highest | Observations |
|---|---|---|---|---|
| ₦3,000 | ₦3,000 | ₦3,000 | 2 | |
| ₦3,250 | ₦3,000 | ₦3,500 | 2 |
Understanding Wheat prices in Lagos State
Why Wheat prices vary so much
Wheat costs 75% more at Ajah Market (₦3,500) than at Mile 12 Market (₦2,000) — a difference of ₦1,500 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 Wheat getting more expensive?
Over the last 90 days the median price has risen from ₦3,000 to ₦3,250 per painter — a change of 8.3%. If you buy this regularly and have somewhere to store it, buying ahead may be worth considering.
Which unit is Wheat sold in?
Markets report Wheat in painter, 50kg bag, 100kg bag, derica. 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.
