The groundnut, a staple in many Nigerian households, holds a significant place in the country’s agricultural landscape. Known for its versatility and rich nutritional content, groundnuts are used in various culinary creations and form an essential part of local economies. In this article, we’ll explore the groundnut market across different states in Nigeria, shedding light on current prices and trends.
Groundnut Prices in Kaduna State
Kaduna state, renowned as one of Nigeria’s leading groundnut-producing states, plays a pivotal role in the nation’s agricultural sector. Here are the prevailing groundnut prices in Kaduna:
- 50kg bag of groundnuts: N40,000
- 100kg bag of groundnuts: N80,000
- 1 ton of groundnuts: N7,800,000 – N7,950,000
Bodija Market, Oyo State
In Bodija Market, located in Oyo State, groundnut prices exhibit some variation compared to Kaduna:
- Groundnut (100kg): N32,000
- Groundnut (1 Congo): N400
Dawanau Market, Kano State
Dawanau Market, nestled in Kano State, offers distinct pricing for groundnuts:
- Groundnut (100kg): N20,500
- Groundnut (1 tier): N520
Gboko Main Market, Benue
Groundnut prices in Gboko Main Market in Benue State present their own set of figures:
- Groundnut (100kg): N27,000
- Groundnut (1 mudu): N200
Mile 12 Market, Lagos State
Mile 12 Market in Lagos State provides a unique pricing structure for groundnuts:
- Groundnut (100kg): N32,000
- Groundnut (1 paint bucket): N1,050
Igbudu Market, Delta State
In Delta State’s Igbudu Market, groundnut prices differ from other regions:
- Groundnut (100kg): N34,000
- Groundnut (1 Paint Bucket): N1,300
Umuahia Main Market
Umuahia Main Market, located in Abia State, sets its own groundnut prices:
- Groundnut (100kg): N27,000
- Groundnut (1 paint bucket): N1,200
Nkwo Nnewi Market, Enugu State
Nkwo Nnewi Market in Enugu State showcases another facet of groundnut pricing:
- Groundnut (100kg): N23,000
- Groundnut (1 paint bucket): N950
Conclusion
The groundnut market in Nigeria is a dynamic and diverse landscape, with prices varying across different states. Understanding these regional variations is crucial for both consumers and producers. Whether you’re a local trader, a farmer, or a consumer looking to purchase groundnuts, being aware of these market trends empowers you to make informed decisions. Keep in mind that these prices are accurate as of [Month, Year], and may be subject to change due to market dynamics.
