Nigeria has been grappling with challenging economic conditions, leading to a significant rise in the cost of living, especially foodstuffs. Since the removal of fuel subsidies when President Bola Tinubu took office on May 29, 2023, prices for everyday items have soared, placing a heavy burden on citizens.
As food costs continue to climb, many Nigerians are finding it increasingly difficult to manage daily expenses. To ease this financial strain, here are several markets in Lagos where residents can discover food items at more affordable prices.
Top 7 Markets in Lagos to Buy Cheap Foodstuffs
Ile-Epo Market
Ile-Epo Market is a bustling hub located along the Lagos-Abeokuta expressway in Abule-Egba, under the Alimosho local government. This market is a favorite among Lagos residents on the Mainland for its wide variety of food commodities at low prices. Shoppers can find an array of grains, tubers, vegetables, fruits, oils, and even frozen foods in bulk, making it a go-to for those looking to save on daily expenses. Its proximity is convenient for residents of Abule-Egba, Agege, Iyana-Ipaja, Alimosho, and surrounding areas.
Mile 12 Market
Another well-known market is Mile 12, situated in the Ketu area along Ikorodu Road, under the Kosofe local government. Mile 12 Market is renowned for its extensive selection of foodstuffs, including grains, fruits, pepper, onions, tomatoes, and tubers. Packaged goods like beverages can also be purchased in large quantities at competitive prices. This market attracts shoppers from Ojota, Ketu, Ilupeju, Ikorodu, Surulere, and Oshodi.
Oyingbo Market
Oyingbo Market serves residents from Surulere, Yaba, and Ebute Metta, linking the Mainland and Lagos Island. As one of the oldest markets in the city, Oyingbo offers a diverse range of food products, including tubers, grains, vegetables, fish, and various meats. It caters to both bulk and small quantity buyers, making it a versatile choice for shoppers.
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Iddo Market
Iddo Market is located near the Nigerian Railways Terminus on Lagos Island and is one of the city’s oldest markets. Historically significant before the oil boom, it still provides a vital source for residents seeking wholesale prices on food products such as rice, onions, yams, and beans. Additionally, Iddo Market is known for livestock sales, including goats and cattle, attracting shoppers from Bariga, Ijora, Makoko, and Ebute Meta.
Sura Market
Sura Market is a key destination for residents on Lagos Island looking for affordable food products. Located in the heart of Lagos Island, it serves customers from Adeniji Adele, Tinubu, Ikoyi, and Obalende. Shoppers can find grains, fruits, meats, fish, vegetables, and other essential food commodities at reasonable prices.
Ajah market
Ajah market attracts Lagos residents living in Lekki, Ajah, Ibeju-Lekki, Sangotedo and the environs. The market is predominantly known for building materials, but also serves as a foodstuff market to purchase basic items like rice, beans, garri, vegetables, and beef, especially fish, crabs, crayfish, as well as fruits.