Beans is a legume which is widely grown by farmers in various varieties. It is one of the most popular and staple foods in Africa, especially in Nigeria and the 4th most consumed after cassava, yam, and rice. It is highly recommended to eat because of its numerous health benefits and nutritional values and also is the main protein source when compared to all other proteinous foods in Nigeria.
The prices of beans have also gone up in recent times. Currently, a trader at Olojudo market, Ido Ekiti, Nkiruka Romanus told PREMIUM TIMES that a 100 kg bag of small white beans now costs N120,000 as against the previous price of N75,000.
The price of a bag of beans in Nigeria today varies depending on location. Here, we’ll give you the average price of a bag of beans in Nigeria. A 25kg bag of beans contains 16 mudu, while a 50kg bag of beans contains 33 mudu, and a 100kg bag of beans contains 66 mudu. A mudu weighs an approximate value of 1.5kg. There are markets in Nigeria where you can get beans cheaper. Honey beans (Oloyin) are the sweetest and most delicious type of beans and the price is higher than the other bean types. Besides honey beans, white iron and brown iron beans are also delicious. Milk beans are best for making moi-moi (Steamed beans). Olotu, Olo, beans come in 119kg bags but many people are unaware of this. Beans are also being sold in derica and paint buckets. Not all kinds of beans come in a 50kg bag. Beans are cheaper in the northern part of the country than in the southern part. Therefore, if you want to buy cheap beans, go to northern Nigeria. Rice is being sold in mudu, bags and paint buckets in northern Nigeria
Wholesale Price of Bag of Beans in Nigeria Today
The price of a 25kg, 50kg, or 100kg bag of beans in Nigeria today varies depending on the location and market. In the northern part of Nigeria, a bag of beans can be purchased for as low as 20,000 Naira, while in the southern part, it can be sold for as high as 30,000 Naira. There are 66 mudu in a 100kg bag of beans, and there are 33 mudu in a 50kg (half bag) bag of beans. A 25kg (quarter bag) bag of beans contains 16 mudu of beans. The weight of a mudu of beans is approximately 1.5kg
The average price of a paint bucket of beans in Nigeria today is ₦3,000 while a derica of beans is ₦600. There are 5 derica in a paint of beans. There are 26 paint rubber buckets in a 100kg bag of beans which is equal to 40 mudu.
| Beans Type | Weight | Prices |
|---|---|---|
| White Beans | 25kg | ₦30,000 |
| Brown Beans | 25kg | ₦30,000 |
| Honey beans | 25kg | ₦37,500 |
| White Beans | 50kg | ₦60,500 |
| Brown Beans | 50kg | ₦60,000 |
| Honey beans | 50kg | ₦75,000 |
| White Beans | 100kg | ₦120,000 |
| Brown Beans | 100kg | ₦120,000 |
| Honey beans | 100kg | ₦150,000 |
The quality of the beans also affects the price. A bag of beans with fewer impurities and defects will be more expensive than one with more impurities and defects.
It is important to note that the price of beans in Nigeria is subject to fluctuations due to factors such as seasonal changes, supply and demand, and government policies.
Price of Honey Beans in Nigeria Today March 17, 2024
Honey beans tend to be the most delicious and sweetest kind of beans in Nigeria. People like honey beans because it cooks faster than the other beans. The price can vary due to location and demands in the local market. A 50kg bag of honey beans in Lagos today is ₦75,000.
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