Brand Spur Issue 4 - 4th Edition | Page 8

Domestic commodity prices CURRENT PRICES Price Inelastic Price Elastic Commodities LAGOS KANO ONITSHA N17,000 N17,800 N17,200 N3,100 N3,150 N13,250 LAGOS PRICE 1 year Low 1 year High N6,000 N17,000 N3,120 N2,300 N3,100 N13,350 N13,450 N9,000 N13,250 N8,000 N7,800 N8,000 N8,000 N8,000 Garri (50kg) N15,000 N15,200 N15,500 N8,000 N15,000 Rice (50kg) N20,000 N19,400 N20,200 N12,000 N22,600 Flour (50kg) N11,000 N11,000 N11,000 N8,500 N11,000 Sugar (50kg) N19,000 N19,500 N19,800 N8,000 N17,000 Beans (50kg) N22,500 N22,300 N22,800 N9,000 N19,000 N2,200 N2,200 N2,300 N1,400 N2,200 Palm Oil (25L) Semolina(10kg) Maize (50kg) Tomatoes (50kg) Cement (50kg)