Average prices of bread in Nigeria from September 2018 to August 2021

Data from the National Bureau of Statistics reveal that the average bread prices in Nigeria increased by 20.71% for unsliced bread and 17.25% for sliced bread year on year. As Nigerians mourn this rise in cost, we consider the average bread prices over the past 24 months.

National Bureau of Statistics
Sept 2018 - Aug 2021
HTML code to embed chart
Related Insights

Nigeria: Food inflation surged from 24.8% to 30.6% in five months since fuel subsidy removal
While many living in Nigeria have already experienced the effects of the fuel subsidy removal on their daily expenses, this chart presents a clearer picture of reality. Will the prices of food items continue to rise? Is there hope of some respite soon?

African countries make up more than half of the world's hunger hotspot in 2023
With about 24.8m people in Nigeria facing acute food insecurity, the country is first on the World Food Programme's list of hunger hotspots in 2023. 11 of the 20 countries on the list are African.

Get periodic updates about the African startup space, access to our reports, among others.
Subscribe Here
Subscription Form

A product of Techpoint Africa. All rights reserved