Welcome to a piece of recent information on the food prices of soya beans in Nigeria in 2021. As such, we are going to analyze the current price of soya beans in Nigeria.
We have also listed the best places you can buy a bag of soya beans in Nigeria at an affordable price in 2021.
Generally, soya bean is cheap in Nigeria especially in areas where it is farmed and processed.
Soya bean is a bit cheaper and affordable in the northern parts since the majority of the foodstuffs are farmed and process over there.
Quick Content Access
How Much is a Bag of Soya beans in Nigeria?
What is the current price of soya beans? The price of a bag of soya beans in Nigeria is classified as follows;
Minimum price: the minimum price of a 100kg soya bean bag is Eleven Thousand Five Hundred Naira (₦11,500).
Maximum Price: the highest price of a 100kg soya bean bag that we have seen so far in Nigeria is Twenty Five Thousand Naira (₦25,000).
How much is a bag of onion in Kano?
The average price of a bag of soya beans in Kano state ranges between N13,000 to N21,000.
How much is a bag of soya beans in Sokoto? A bag of soya beans in Sokotomay costs betweenN12,500 to N20,500.
How much is a bag of soya beans in Lagos? A bag of soya beans in Lagos State may cost between N17,000 to N25,000.
How much is a bag of soya beans in Abuja? A bag of soya beans in Abuja F.C.T may cost betweenN13,000 to N22,000.
Please, check the next section below to see the breakdown prices in all states and their popular markets.
- Price of Rice in Nigeria Today 2021 Per Bag |50kg, 25kg, 10kg, 5kg
What is the current market price of soybeans?
If you wish to visit a food market to see the soya beans market price in Nigeria by yourself, then it is advisable to check out northern food markets.
Some of the soya beans prices in some well-known states and their markets are as follows;
Price of Maize in Ibadan: the following is the average price of soya beans in some markets in Ibadan.
|100kg bag||Bodija Market Ibadan||N19,000|
Price of Maize in Benue: the following is the average price of soya beans in some markets in Benue state.
|100kg bag||Gboko Main Market Benue||N15,000|
Price of Maize in Kano: the following is the average price of soya beans in some markets in kano.
|100kg bag||Dawanau Market Kano||N13000|
Price of Maize in Delta: the following is the average price of soya beans in some markets in Delta.
|100kg bag||Igbudu Market Delta||N20000|
Price of Maize in Anambra: the following is the average price of soya beans in some markets in Anambra.
|100kg bag||Gomez Main Market||N16000|
Price of Maize in Lagos State: the following is the average price of soya beans in some markets in Lagos State.
|100kg bag||Mile 12 Market Lagos||N25000|
Price of Maize in Taraba: the following is the average price of soya beans in some markets in Taraba State.
|100kg bag||Tella Market Taraba||N11000|
Price of Maize in Enugu State: this is the average price of soya beans in some markets in Enugu State.
|100kg bag||Nkwo Nnewi Market Enugu||N12500|
Price of Maize in Abia State: the following is the average price of soya beans in some markets in Abia State.
|100kg bag||Umuahia Main Market Abia||N19000|
Where To Buy Soya beans in Bulk in Nigeria?
Nigeria is one of the countries in West Africa that produces soya beans in large quantities.
Meanwhile, the highest soya bean producing states in Nigeria include;
- Kaduna State
- Kwara state
- Oyo state
- Taraba state
- Borno state
- Benue state
- Bauchi state
- Lagos state
- Sokoto state
- Plateau State
- Zamfara State
- Abuja F.C.T
Soya beans buyers can sort for the best soya beans suppliers in the above northern states and strike a deal with them for supply.
There are many factors that may influence the price of soya beans in Nigeria such as available stocks, yield, and economic factors like cost of transportation.
Suppliers can only sell the soya beans they have in stock at a given time. So better market conditions will generally result in cheaper sales of soya beans in the market.
Advisably, we recommend buyers that usually buy in bulk to always buy or order Soya beans directly from suppliers to get the best out of the soya beans market price.