Rice: Foreign rice (50kg) is now N88,000 to N92,000 depending on brand. Local rice (Abakaliki) 50kg is N68,000. Many traders said price increased because of fuel cost. Derica of foreign rice is N1,800, local is N1,400.
Beans: Brown honey beans 50kg is N110,000. White beans 50kg is N95,000. Derica is N2,200 for brown and N1,900 for white. Price is high because new beans never enter market.
Garri: This one is better. White garri (Ijebu) 1 paint is N2,800, yellow garri is N3,200. 50kg bag of white garri is N42,000, yellow is N48,000. Garri price dropped small compared to last month.
Palm oil: 5 litres is N7,500, 25 litres is N36,000.
Advice for families in Benin: If you want to buy in bulk, go on Tuesday or Wednesday morning around 7am when trucks enter. Prices are cheaper than Saturday.
Also, follow local market Facebook groups like Benin Market Price Update, they p
ost daily.
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