Price of Flour per kg in Nigeria: Today Price

Do you wish to know the current Price of Flour per kg in Nigeria Today? These prices do varies in accordance to different location in Nigeria.

Flour has always been essential in the Nigerian food makers’ pantry, especially for bread. Understanding the pricing specifics of flour is crucial to both consumers and businesses.

This article looks at the multi-faceted world of price per kilogram of flour in Nigeria while breaking down the factors that dictate these changes.

We shall analyze global market trends versus local brand preferences to demystify pricing complexities hovering around flour in Nigeria today.

Please stick with us as we explore some essential tips on where to purchase different types of flour and how much it goes for in each part of Nigeria.

Let’s go into flour, where every kilogram counts for cooking.

Exploring Flour Pricing in Nigeria

Several factors shape the current price per kilo of flour in Nigeria, which makes up this necessary raw material for all its other users worldwide.

As people try to understand what’s behind the fluctuating costs of flour, there is a need to unveil intricate elements underpinning its price spectrum across Nigerian marketplaces.

A 50 kg bag represents something significant because most millers use it as a benchmark for prices and consumption patterns in this region. Popular brands such as Golden Penny, Dangote and Honeywell come with varied prices to meet different consumer needs.

Moreover, customers on a budget can choose to buy half of the bags that are available in the market. We will lead you through the pricing puzzles of flour and show you how to make better decisions in Nigeria’s breadmaking endeavours.

What Is Flour?

Flour is a fine powder made by grinding grains, roots, nuts, beans, or even seeds. However, the most common type of flour, which people usually mean by “flour” alone, is cereal flour made from various grains.

Here are some critical points about flour:

Source: Wheat is the most popular grain for flour-making, but other ingredients such as rye, barley, oats, and corn can also be used. Some are even those produced from non-grain sources such as chickpeas (gram flour) or almonds (almond flour).

Uses: Flour is an essential item in many food products, especially baked goods like bread, cakes, cookies and pastries. It may also be employed as a thickening agent in sauces and gravies.

Types: Different kinds of flours have different textures and varying protein contents and uses.

Some examples include all-purpose flour (suitable for many baking needs), bread flower (full of gluten for chewier bread), cake flower (an acceptable gluten-free ingredient good at making tender cakes) and whole wheat flour (this one has fiber because it is extracted from the entire kernel).

Components: Starch makes up most of this substance, which consists mainly of complex carbohydrates meant to provide energy.

Depending on its source or processing methods, it may also contain proteins; other ingredients include vitamins, fiber, and minerals.

Factors Influencing Flour Prices in Nigeria

The price of flour in Nigeria is subject to various factors that determine its changes together. Understanding these factors is essential to appreciate the nature of flour industry dynamics. This article explains how flour prices are affected by:

Global Wheat Prices: Global wheat costs are an essential component in flour production, and they heavily influence the pricing within Nigeria. The resultant fluctuations are due to global supply and demand variations relating to wheat and climatic conditions affecting major producing nations.

Exchange Rates: The Nigerian Naira exchange rate against other currencies, especially the U.S. dollar, largely determines what it takes to import wheat into Nigeria. When Naira weakens, importing costs become higher, therefore leading to increased flour prices.

Local Wheat Production: Investments in increasing domestic wheat production affect the availability and pricing of wheat within Africa.

Transportation Costs: The costs of conveying grains from harbors to flour plants and thence to retailers and consumers are part of the final price paid for flour. Fluctuations in fuel costs and infrastructure status affect transport prices.

Government Policies: Government policies, including import tariffs, subsidies, and regulations, determine the retail price of flour. Flour producers may experience increased prices if there are import restrictions or tariffs on wheat.

Energy Costs: Energy charges, such as electricity required when milling and transportation costs, affect the production and distribution expenses of flour.

Market Competition: Prices in the flour market can be influenced by the level of rivalry among producers. Fierce competition might cause price decreases, while limited rivalry could increase prices.

Seasonal Variations: Flour prices exhibit seasonal fluctuations, with factors such as wheat availability during the harvest season affecting price movements.

Consumer Demand: This is particularly so if consumer tastes change, or their demand for various foods made with flour, such as breads and cakes, rises such that it exceeds supply, leading to high prices for these products.

Inflation: Inflation Causes general inflation trends in the economy, resulting in increased flour pricing generally because it impacts cost levels.

Market Speculation: Trading commodities, especially those being speculated on, can cause volatility because traders are always affected by news and events that concern wheat prices.

Weather and Climate Conditions: Wheat production is influenced by weather conditions both locally and globally, including droughts, floods and other extreme events which eventually affect flour prices.

Health and Safety Regulations: Such regulations as food packaging or processing can increase the cost of producing certain foodstuffs, thus affecting consumer prices.

These factors elucidate the complexities of Nigeria’s flour market and, therefore, enable all stakeholders to manage its dynamics effectively.

Current Price Range of a Bag of Flour in Nigeria

Based on recent data, one 50kg bag of flour costs between ₦50,000 to ₦85,000 and there are smaller sizes ranging from ₦7,000 to ₦25,000. Nevertheless, it is important to understand that the rates may rise or fall regularly because inflationary pressures may change government policies or market forces, among other things.

Dangote Flour Mills, Honeywell Flour Mills, and Flour Mills of Nigeria are some major Nigerian brands. These brands vary in terms of costs depending on the qualities provided and the packing materials used for delivery purposes. Comparing different markets will enable you to get what suits your pocket best before committing yourself to buying.

Production costs, transport expenditures, and wheat costs are also factors that can influence the price of flour in Nigeria. Also, exchange rates and import duties on wheat will affect how much a kilogram of flour is sold in the country.

How Much Is A Bag Of Flour In Lagos?

The price of a bag of flour in Lagos depends on the type, size, and brand of flour you’re looking for.

Flour is usually sold in bags weighing 50kg in Lagos.

Here’s what I found:

Price Range: According to information provided by online sources such as Jiji.com.ng, the cost of a 50kg bag of wheat flour ranges from ₦40,500 (for cassava flour) to ₦85,000 (for some popular brands).

Also, consider:

Location: Slight price variations may exist between different shopping areas within Lagos.

Type of Flour: While wheat flour is the most common type of this product, other flours like yam or cassava have their prices.

Brand: Popular brands are generally more expensive than unknown ones.

To get the most accurate price:

Visit local grocery shops or markets around you,

Find out where you can buy flour online and compare these prices in different stores within Lagos.

Where to Find the Most Reasonable Flour Prices in Nigeria

There are many different ways to find good deals on flour in Nigeria. Below are some tips you can use to get cheap flour.

Local Grocery Stores and Markets: Start by looking for local grocery stores, supermarkets, and open-air markets. They tend to have affordable prices and may offer discounts or special offers on flour, especially during festivals or public holidays.

Wholesale Markets: Consider visiting wholesale markets like Mile 12 Market in Lagos or Kano Central Market. These places usually sell foodstuff in large quantities, such as flour, at competitive prices.

Online Shopping: Explore your area’s e-commerce sites and online grocery delivery outlets. Websites like Jumia, Konga, and Supermart.Ng often features special deals and discounts on various food items, including flour.

Price Comparison Websites: Use price comparison websites or apps to compare prices from different online shops. This will help you quickly narrow down where the best deals on flour are.

Subscription Services: Subscription services are a feature of certain online stores where one can enrol for regular delivery of essentials such as flour. In addition, these subscriptions come with price cuts and reliable delivery alternatives.

Coupons and Promo Codes: Look out for coupons, promo codes, and special deals that both online and offline retailers offer. These can substantially limit the amount you spend on flour. Bulk Purchases: Consider purchasing large quantities of flour to save money in the long term. Many shops usually give discounts when you buy more items.

Local Flour Mills: Some local mills may sell flour at a cheaper price than national brands. Check if any nearby mills or distributors sell it at competitive prices.

Farmers’ Markets: Base on your location, you may find flour at farmers’ markets. Locally produced flours sometimes cheaper than big brand names.

Join Loyalty Programs: You should consider enrolling in loyalty programs offered by your local stores or other customer reward cards if they have them. Such schemes may provide exceptional deals and offers only to their members.

Before making any purchase, always compare prices and quality to ensure you get value for your money. Moreover, transportation costs should be considered when dealing with an online shop or market that is far away since not all savings are worth it.

A Comparison of Flour Brands’ Prices in Nigeria

The range of prices for various flour brands in Nigeria depends on the type of flour, where it is sold, and its brand. Here are some comparison charts for popular flour brands in Nigeria.

Golden Penny: Golden Penny is among the most famous and used flour brands in Nigeria. They have numerous types of flour, such as all-purpose flour and semolina. The price range for a 50kg bag of Golden Penny flour is usually around ₦60,000 to ₦85,000.

Dangote Flour: Dangote is a crucial operator in the Nigerian flour market, making different kinds of flour, such as wheat and general purpose. The price range for a 50kg bag of Dangote Flour is approximately ₦57,300 to ₦80,000 depending ob where you’re buying from.

Honeywell: Dangote is a crucial operator in the Nigerian flour market, making different kinds of flour, such as wheat and general purpose. The price range for a 50kg bag of Dangote Flour is approximately ₦57,300 to ₦70,000.

Tiger Brands: Tiger Brands has always been known as a producer of first-rate flour products, including all-purpose flour. Although the price range for Tiger Brands varies slightly, it still remains within the same margin as other popular ones, such as about ₦57k and up to ₦60k per 50 kg bag.  

Flour Mills of Nigeria (FMN): FMN is a major flour milling company in Nigeria, offering a wide range of flour products under different brand names such as “Golden Penny” and “Honeywell.” Prices for FMN flour are comparable to other brands, typically ranging from ₦58,000 to ₦75,000 per 50kg bag.

Please note that the prices mentioned above are approximate and may vary depending on location, market demand, and distribution costs.

Additionally, prices may fluctuate over time due to market conditions, inflation, and other economic factors. It’s advisable to check with local suppliers or retailers for the most accurate and up-to-date pricing information.

Best Flour for Bread in Nigeria

For Nigeria to have delicious bread, one must be sensitive to the type of flour chosen. Although different types exist, wheat flour is highly recommended because it contains gluten, which helps the bread to rise and become fluffy. Below are some popular types of wheat flour used for making bread in Nigeria;

Bread Flour: It is specially designed to be used to bake bread only; thus, it it has high protein content and gluten strength, resulting in significant rise and texture.

All-Purpose Flour: If you do not have bread flour, you can still use all-purpose flour. It contains less gluten and hence requires longer mixing time to build the gluten network properly.

Strong Flour: This kind is also known as high-gluten flour because it has enough protein levels that make it perfect for baking bread

Whole Wheat Flour: For people who enjoy whole grain bread, whole wheat flour is a fantastic alternative. It contains all parts of the wheat kernel, offering a healthier option, albeit with a denser texture.

Semolina: In some parts of Nigeria, semolina made from durum wheat is used to bake “semolina bread,” which has a peculiar texture and taste.

When choosing flour to make bread, think about the bread you want and the gluten in it. We have traditional white bread made with strong or bread flour, whereas healthier alternatives can be made using whole-wheat flour. Try different flours depending on regional preferences and availability to get your perfect bread recipe.

The Difference Between Local And Imported Flour Prices In Nigeria

Variance in price between locally produced and imported flours in Nigeria depends on several factors that shape the market. This is an outline of them:

Local Production Costs: It takes less amount of money to produce such homegrown flour as compared to foreign one because consumers do not pay for transportation costs associated with importation; labor offered locally is relatively cheap; also, there might be potential subsidies given by the government that make it relatively cost-effective.

Import Tariffs and Taxes: Imported flour is subjected to levies by Nigerian authorities, which are meant to protect local industries. These tariffs cause the cost of imported flour to rise significantly.

Exchange Rates: Price differences between locally produced goods and those that have been imported depend on how exchange rates fluctuate. The weakness of the Nigerian Naira makes imported flour expensive.

International Trade Agreements: In Nigeria, involvement in trade pacts affects pricing dynamics for imported goods. The price gap can be influenced by lowered import duties or reduced trade barriers.

Quality and Brand: Imported brand names that already exist may charge a premium on their products compared to local alternatives; this will impact the difference in prices.

Market Demand: Consumer choices and demand patterns can result in higher prices for imported wheat flour than indigenous options.

Inflation and Economic Conditions: Macroeconomic factors such as inflation rates and overall economic conditions determine the level of prices for all kinds of products, including both local and imports, especially flour.

For accurate and current insights into the price disparity between locally produced and imported flour in Nigeria, refer to recent government reports and market analyses or consult local suppliers and retailers.

Economic and trade circumstances evolve, necessitating periodic updates for informed decision-making.

Major brands of flour in Nigeria and their prices

Golden Penny is one of the most popular brands that produces flour that is widely used in Nigeria. Their range includes all-purpose flour, semolina, etc.

Dangote Flour: Dangote has a strong presence in the Nigerian flour market. It produces different flour, such as wheat whole meal and wheat flour.

Honeywell: Honeywell is another notable flour producer in Nigeria. Among their products are all-purpose flour, whole-wheat flour, and semolina.

Tiger Brands: Tiger Brands makes quality flour, including all-purpose flour.

Flour Mills of Nigeria (FMN): FMN is a leading miller in Nigeria, producing an extensive array of branded flours with trademarks “Golden Penny” or “Honeywell”.

Other Lesser Bands

Kirkland Almond Flour 120,000
Whole blanched almonds are ground into flour for Kirkland Almond Flour. It is low in carbohydrates, devoid of gluten, perfect for baking, and high in fiber.

Bob’s Red Mill Baking Flour 907g ₦13,500
With our Paleo Baking Flour, you can easily produce delicious baked goods such as cakes, cookies, muffins, paleo pancakes, flatbreads, crackers, and more without having to worry about the guesswork involved with grain-free baking.

Gate Way Food Oat Flour (₦10,500 a pack)
There is just natural oat flour in Oat Flour. very finely ground. Scientific research has demonstrated that oats can help decrease high blood pressure, lower cholesterol, and control blood sugar. Can be used as a thickening agent. Combine with more flours for baking.

Blue Diamond Almond Flour 1.36kg (Keto Friendly), price is ₦19,500
Bua And Classic Flour 50kg amount to ₦57,000
Organic Great Value Coconut Flour 1.02kg amount to ₦13,000

It should be noted that the availability and prices of these brands may change depending on where you live in Nigeria, the kind of flour you need (e.g., all-purpose, whole wheat, etc.), and how much it is packaged (e.g., 1kg, 5kg, 10kg, etc.). Other factors, like inflation or market trends, can also cause prices to move.

To get accurate and current price information about these flour brands in Nigeria, it is advisable to visit their official websites or contact local supermarkets and grocery stores within your area. Moreover, you can find such information on some online stores and platforms that lithatilistduct for sale in Nigeria.

Places to Buy Cheap Flour in Nigeria

If one wants to buy cheap flour in Nigeria today, there are a few options that could help. These trading areas have a wide variety of products, and prices are usually lower than those of supermarkets. Some known places include Mile 12 Market in Lagos, Kano Market in Kano, and Onitsha Market in Anambra.

An alternate option for buying low-cost flour in Nigeria is to purchase it straight from the mills. By doing so, you can bypass intermediaries and hence lower your expenses as far as the cost of the flour is concerned. Some famous Nigerian flour mills are Dangote Flour Mills, Honeywell Flour Mills, and Flour Mills of Nigeria.

Thirdly, one may also consider purchasing flour online. This choice will enable you to compare prices before deciding whether or not to buy. Such online stores include Jumia, Konga, and Supermart. Nevertheless, be careful about shipping charges when checking out the price of any commodity online.

This means that in Nigeria, any knowledgeable buyer has several options available depending upon his taste or financial condition, whether he wants to go for traditional market excursions, direct mill purchases, or enjoy the benefits of online shopping.

Nigerian Flour Prices: A Historical Trend

The historical trend of the price of flour in Nigeria shows variations influenced by various economic aspects over time. In those times, 50 kilogrammes went between ₦3000 – ₦5000.

Nevertheless, from 2007 to 2009, a boom occurred through global wheat price spikes and currency depreciation, leading prices to hit ₦6,000 to ₦8,000.

In the following years, there was some stability until 2015, when naira devaluation and forex scarcity led to an increase in prices of between ₦9,000 and ₦11,000.

Prices were further driven up by the economic recession, touching levels of ₦12,000 – ₦15,000 by 2016. Between 2017 and 2019, there was a brief period of calm before the outbreak of COVID-19 in 2020, which, together with currency devaluation, sent them soaring to between ₦14,000 –₦16,000.

In the year 2022, the average price ranged from about N19k-N23k but reached N42k-N45k within 2023. This historical path shows how flour prices have been affected by economic conditions in Nigeria.

Which Flour Is Most Expensive?

The price of flour may change according to brand name type, quality, or location. Typically, specialty or organic flours are more expensive than regular all-purpose or bread flours.

For instance, ancient grains like spelt or kamut can be priced higher due to their limited availability and greater costliness in the production process. The same applies to organic flours, which are grown without synthetic pesticides or fertilizers, thereby often selling at premium prices.

Moreover, the cost of importing all-purpose flours from other countries is likely to be more significant than those made within Nigeria because of factors like shipping costs, import tariffs and exchange rates. Nevertheless, prices may vary between brands in a specific category depending on factors, including reputation, production methods and marketing strategies.

Ultimately, the priciest flour varies depending on context and buyer preference.

What Is The Share Price Of Dangote Flour Today?

My last update of January 2022 needs to provide real-time access to current stock prices or market data. So, to get the price of Dangote Flour shares today, you can check financial news websites, Stock market platforms, or a financial app that offers real-time stock information.

You can look up Dangote Flour’s present share price on your preferred platform by using its stock symbol along with the available additional market statistics.

Conclusion

Now you have known the prices of flour per kg in Nigeria today, you will agree with me that flour prices must change so long as the highlighted factors exist.

Today, the price of one kilogram of flour in Nigeria depends on numerous variables such as world wheat costs, naira value against dollars, local expenses of production, government policies, and changes occurring in the market.

The reasons for these fluctuations are intricate interactions between them, leading to variations in flour costs over time.

The intricate interactions between them, which in turn result in fluctuations in the costs of flour over time, are numerous.

Therefore, consumers and businesses need to be knowledgeable about these factors to enable proper decision-making regarding purchasing, production and pricing strategies.

Furthermore, reliable information from sources should be sought, and staying updated on market trends will also help navigate the dynamic landscape of flour prices in Nigeria.

FAQs

How Much Bread Is 1kg Of Flour?

The quantity of bread a kilogram of flour can produce depends on several variables, such as the recipe, the type of bread being made, and the density of the bread itself. Usually, a kilogram of flour can make about two or three loaves of average size, weighing approximately four hundred to five hundred grams each. Nevertheless, this estimation may change depending on factors such as the dough’s moisture content, rising time, and baking procedures. For more accurate results, you must follow a particular recipe when baking bread.

How Much Is One Painter Of Flour?

The term “painter” is not a standard unit of measurement for flour; it is most likely a regional or colloquial term.

However, if we assume a “painter” means the usual container used to measure flour, its size could vary greatly depending on the container.

It can be challenging to provide an accurate answer without any specific measurements. If you can tell me more about how prominent a “painter” is where you are from, I can help you determine how much flour it holds.

How Much Is 1kg Baking Flour?

The price of 1kg of baking flour may vary from one brand to another and according to quality and location.

On average, in Nigeria, brands selling at around ₦1,000 – ₦2,500 per sack of 1kg baking flour are considered popular among consumers.

However, prices may change due to market demand, production costs, and inflation, among other factors. That is why you must consult with your local shopping centers (huge supermarkets) or online shops where these items are sold for up-to-date pricing information.