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Lokoja Food Trade Index — September 2026

Covering August 2026 market data · 67 markets · 8 staples · published alongside the NBS CPI release

The national inflation figure is one number; Nigeria's food economy is 67 different ones. The Index tracks the gaps between markets — the spreads traders arbitrage, feed millers source across, and programmes budget against.

97%
Maize price gap
Damaturu → Aba, same month
₦19,369
Arbitrage on one 50kg bag of garri
Ibadan → Lagos
₦46,228
Kano → Lagos, per tonne
diesel-indexed at ₦1,662/L

Market-to-market price gaps · August 2026

CommodityCheapest marketDearest marketGap
Yam (100kg (≈1 tonne/10))₦71,358 · Illela (CBM)₦162,284 · Budum127%
Onions (100kg bag)₦44,504 · Bade (Gashua)₦101,118 · Damboa127%
Maize flour (50kg bag)₦26,987 · Damboa₦57,831 · Pulka114%
Maize (100kg bag)₦39,987 · Damaturu₦78,654 · Aba97%
Garri (50kg bag)₦22,721 · Ibadan₦42,090 · Lagos85%
Sorghum (100kg bag)₦34,585 · Rann₦60,412 · Lagos75%
Beans (100kg bag)₦79,118 · Pulka₦130,756 · Magumeri Central65%
Rice (50kg bag)₦70,190 · Ibadan₦106,614 · Lagos52%
Extremes can sit in hard-to-reach markets (several this month are in Borno); a wide gap is a transparency signal, not always a tradeable route. Corridor-level landed costs net of haulage are part of the commercial console.

What moving a tonne costs · diesel-indexed this week

The corridor layer is re-indexed weekly to the national diesel price (currently ₦1,662/litre). Effective rate ≈ ₦37/tonne-km + ₦2,000/tonne fixed. Full methodology on the haulage page.

CorridorRoad distance₦/tonne
Illela (CBM) (Sokoto) → Aba (Abia)1,408 km₦54,445
Mai Adoua (CBM) (Katsina) → Aba (Abia)1,302 km₦50,493
Ibadan (Oyo) → Gombe (Gombe)1,245 km₦48,149
Kano (Kano State (1)) → Lagos (Lagos)1,192 km₦46,228
Dawanau (Kano) → Aba (Abia)1,132 km₦44,154
Gwandu (Kebbi) → Gombe (Gombe)1,092 km₦42,744
Lagos (Lagos) → Saminaka (Kaduna)1,042 km₦40,664
Giwa (Kaduna) → Lagos (Lagos)988 km₦38,667

Use this data

Free to cite, quote and republish with attribution: “Source: Lokoja Intelligence (lokoja.app)”. Need a bespoke cut — your region, your commodities, your corridors? Write hello@lokoja.app and we'll build it. Prices are indicative market medians from World Bank RTFP and WFP monitoring, cross-checked by field ambassadors; haulage re-indexed weekly to diesel.
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