Onion price jumps 900% to N300,000 in 6 months

By Cynthia Alo
The price of a 120kg bag of onions jumped from N30,000 in April 2026, to about N300,000 in October representing a 900 percent increase in six months.

National Onion Producers, Processors and Marketers Association of Nigeria (NOPPMAN) attributed the increase to inadequate storage facilities and fire outbreaks in warehouses in the North which contributed to post-harvest losses of more than 51 percent within the period.

A Vanguard AgroBiz market survey shows that the price of a big sack of fresh onions at Mile 12 Lagos international market is N300,000, while the dried one is between N350,000 to N380,000 as of last week.

In an interview with Vanguard AgroBiz, the ...