By DAYO ADESULU
The significant drop in the price of beans in Nigeria in 2025—down from ₦240,000 to as low as ₦80,000 per 100kg—is attributed to increased harvests, fewer pests, and better farm access, according to farmers and traders.
Introduction: A Welcome Drop in the Price of Beans in Nigeria
In a much-needed relief for households across the nation, the drop in the price of beans in Nigeria has brought renewed affordability to one of the country’s most consumed staples. From highs of ₦240,000 per 100kg in 2024, prices have now plunged to between ₦80,000 and ₦120,000 depending on species and region.
According to the Cowpea and Beans Farmers, Processors and Marketers Association of Nigeria (C&BFPMAN), this price crash is largely due to improved harvests, smart intercropping practices, and decreased pest infestations.
Year-on-Year Comparison: From Record Highs to Sustainable Pricing
In 2024, Nigeria faced one of the highest price spikes in beans in over a decade, with 100kg bags selling for between ₦210,000 and ₦240,000. Fast forward to Q1 2025, prices began to stabilize. Now in mid-2025:
| Year | Price Range (100kg Bag) | Primary Cause |
|---|---|---|
| 2023 | ₦90,000 | Normal harvest |
| 2024 (Q2) | ₦210,000 – ₦240,000 | Poor harvest, flooding |
| 2025 (Now) | ₦80,000 – ₦120,000 | Increased yield |
Why the Drop? Farmers Explain the Dramatic Turnaround
1. Exceptional Harvest Yields
Mr. Kabir Shuaibu, President of C&BFPMAN, stated:
“We harvested over 10 times what we usually got in past years.”
This massive yield was a direct result of:
- Favorable weather conditions
- Strategic planting alongside corn (intercropping)
- Improved seed varieties
- Better pest control techniques
2. Smart Farming Strategies
Farmers planted beans alongside maize, increasing land utility and reducing pest attacks. The combined crop system boosted overall output while conserving land and labor.
Fewer Pest Infestations: A Game-Changer
Mrs. Esther Umeileka, CEO of Fresh2Home Ltd., noted:
“Last year, insect and weevil attacks damaged a lot of produce. This year, we had far less of that.”
By adopting improved pest control methods and adjusting to evolving government agricultural policies, farmers ensured a cleaner, healthier harvest, contributing to the price drop.
Traders & Consumers Rejoice: “We Can Buy Beans Again!”
Market Trends: Oyingbo and Northern Nigeria
- In Oyingbo Market, Lagos, prices now range from ₦6,000 to ₦7,000 per paint bucket, compared to ₦13,000–₦14,000 last year.
- In Northern states, a 100kg bag costs ₦80,000–₦120,000 depending on bean type.
Mrs. Zainab Ahmed, a trader at Oyingbo Market, expressed:
“Last year, customers would price and walk away. Now, they’re buying again.”
The Household Impact: Beans Are Back on the Menu
Real Stories from Nigerian Families
- Mrs. Tonia Sanwo said: “Last year, we paid ₦2,500 for a derica cup. Now it’s ₦800–₦1,000. What a relief!”
- Mrs. Favour Braye, a civil servant, added: “With ease of access to farms and no more insecurity, yields went up and prices dropped.”
What This Means for the Nigerian Economy
The drop in the price of beans in Nigeria has:
- Improved food affordability across income levels
- Increased market patronage for local traders
- Boosted farmer confidence for future planting seasons
- Reduced inflationary pressure in the food sector
Lessons Learned and Looking Ahead
With better harvest strategies, secure farm access, and pest control, the beans sector in Nigeria has proved its resilience. Stakeholders are now calling for:
- Continued government support for input subsidies
- Access to improved seed varieties
- Expansion of agro-extension services to rural areas
“This year’s success should not be a one-time miracle. It must become the new norm,” said Shuaibu.
FAQs: Drop in the Price of Beans in Nigeria
1. Why did beans become so expensive in 2024?
Poor harvest due to flooding and pest attacks caused massive shortages.
2. What caused the drop in beans price in 2025?
Improved harvests, reduced pests, and strategic planting methods like intercropping with corn.
3. How much is a bag of beans in Nigeria now?
Between ₦80,000 and ₦120,000 for a 100kg bag, depending on species and location.
4. Will the beans price continue to stay low?
If current farming practices continue and the weather remains favorable, prices are expected to remain stable.
5. Which areas saw the biggest price drop?
Major markets like Oyingbo in Lagos and several Northern states have reported major price declines.
6. What can government do to support this trend?
Offer subsidized farm inputs, improve storage facilities, and protect farmlands from insecurity.
Related Resources
Nigeria’s Agricultural Transformation – UN FAO
