{
  "version": "v1",
  "attribution": {
    "archive": "The Republic",
    "url": "https://therepublic.extrafemi.com",
    "terms": "https://therepublic.extrafemi.com/methodology",
    "note": "Every value carries its own source and as-of date. Reuse must keep both, and must credit the underlying publisher named on the point as well as The Republic."
  },
  "series": {
    "id": "basket.retail-prices",
    "title": "Indicative retail prices of a common basket, Nigeria",
    "unit": "₦ (nominal, current prices)",
    "frequency": "irregular",
    "entityKind": "item",
    "notes": "An indicative basket, not an official series: the mid-point of contemporary market quotations for a common national item. Pre-1973 prices converted at £1 = ₦2.",
    "method": "Prices are national averages; Lagos and Abuja run above them and rural markets below. Held deliberately alongside the CPI because food and fuel have risen faster than the general index.",
    "points": [
      {
        "key": "1960",
        "entity": "bread",
        "value": 0.02,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "1973",
        "entity": "bread",
        "value": 0.05,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "1980",
        "entity": "bread",
        "value": 0.15,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "1985",
        "entity": "bread",
        "value": 0.4,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "1990",
        "entity": "bread",
        "value": 1.5,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "1995",
        "entity": "bread",
        "value": 12,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "2000",
        "entity": "bread",
        "value": 30,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "2005",
        "entity": "bread",
        "value": 60,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "2010",
        "entity": "bread",
        "value": 110,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "2015",
        "entity": "bread",
        "value": 200,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "2020",
        "entity": "bread",
        "value": 400,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "2023",
        "entity": "bread",
        "value": 800,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "2025",
        "entity": "bread",
        "value": 1400,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "2026",
        "entity": "bread",
        "value": 1600,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one loaf"
      },
      {
        "key": "1960",
        "entity": "drink",
        "value": 0.02,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "1973",
        "entity": "drink",
        "value": 0.05,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "1980",
        "entity": "drink",
        "value": 0.1,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "1985",
        "entity": "drink",
        "value": 0.3,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "1990",
        "entity": "drink",
        "value": 1,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "1995",
        "entity": "drink",
        "value": 10,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "2000",
        "entity": "drink",
        "value": 25,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "2005",
        "entity": "drink",
        "value": 40,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "2010",
        "entity": "drink",
        "value": 60,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "2015",
        "entity": "drink",
        "value": 100,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "2020",
        "entity": "drink",
        "value": 130,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "2023",
        "entity": "drink",
        "value": 250,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "2025",
        "entity": "drink",
        "value": 400,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "2026",
        "entity": "drink",
        "value": 450,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "35cl glass bottle"
      },
      {
        "key": "1973",
        "entity": "rice",
        "value": 8,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "1980",
        "entity": "rice",
        "value": 14,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "1985",
        "entity": "rice",
        "value": 55,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "1990",
        "entity": "rice",
        "value": 110,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "1995",
        "entity": "rice",
        "value": 1200,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "2000",
        "entity": "rice",
        "value": 3000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "2005",
        "entity": "rice",
        "value": 5500,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "2010",
        "entity": "rice",
        "value": 7500,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "2015",
        "entity": "rice",
        "value": 9500,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "2020",
        "entity": "rice",
        "value": 25000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "2023",
        "entity": "rice",
        "value": 45000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "2025",
        "entity": "rice",
        "value": 80000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "2026",
        "entity": "rice",
        "value": 88000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "50kg, local/imported parboiled"
      },
      {
        "key": "1973",
        "entity": "petrol",
        "value": 0.06,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "1980",
        "entity": "petrol",
        "value": 0.16,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "1985",
        "entity": "petrol",
        "value": 0.4,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "1990",
        "entity": "petrol",
        "value": 0.6,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "1995",
        "entity": "petrol",
        "value": 11,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "2000",
        "entity": "petrol",
        "value": 22,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "2005",
        "entity": "petrol",
        "value": 65,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "2010",
        "entity": "petrol",
        "value": 65,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "2015",
        "entity": "petrol",
        "value": 87,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "2020",
        "entity": "petrol",
        "value": 145,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "2023",
        "entity": "petrol",
        "value": 617,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "2025",
        "entity": "petrol",
        "value": 900,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "2026",
        "entity": "petrol",
        "value": 950,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one litre, pump price"
      },
      {
        "key": "1973",
        "entity": "school",
        "value": 60,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "1980",
        "entity": "school",
        "value": 90,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "1985",
        "entity": "school",
        "value": 250,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "1990",
        "entity": "school",
        "value": 500,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "1995",
        "entity": "school",
        "value": 3000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "2000",
        "entity": "school",
        "value": 8000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "2005",
        "entity": "school",
        "value": 20000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "2010",
        "entity": "school",
        "value": 45000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "2015",
        "entity": "school",
        "value": 75000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "2020",
        "entity": "school",
        "value": 110000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "2023",
        "entity": "school",
        "value": 170000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "2025",
        "entity": "school",
        "value": 250000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "2026",
        "entity": "school",
        "value": 290000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "one year, federal unity school"
      },
      {
        "key": "1973",
        "entity": "motorcycle",
        "value": 400,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "1980",
        "entity": "motorcycle",
        "value": 900,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "1985",
        "entity": "motorcycle",
        "value": 2500,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "1990",
        "entity": "motorcycle",
        "value": 12000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "1995",
        "entity": "motorcycle",
        "value": 45000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "2000",
        "entity": "motorcycle",
        "value": 70000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "2005",
        "entity": "motorcycle",
        "value": 95000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "2010",
        "entity": "motorcycle",
        "value": 130000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "2015",
        "entity": "motorcycle",
        "value": 200000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "2020",
        "entity": "motorcycle",
        "value": 350000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "2023",
        "entity": "motorcycle",
        "value": 700000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "2025",
        "entity": "motorcycle",
        "value": 1200000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "2026",
        "entity": "motorcycle",
        "value": 1350000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "commuter model, new"
      },
      {
        "key": "1973",
        "entity": "car",
        "value": 2800,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "1980",
        "entity": "car",
        "value": 5000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "1985",
        "entity": "car",
        "value": 12000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "1990",
        "entity": "car",
        "value": 120000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "1995",
        "entity": "car",
        "value": 600000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "2000",
        "entity": "car",
        "value": 1200000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "2005",
        "entity": "car",
        "value": 2500000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "2010",
        "entity": "car",
        "value": 4000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "2015",
        "entity": "car",
        "value": 7000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "2020",
        "entity": "car",
        "value": 13000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "2023",
        "entity": "car",
        "value": 28000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "2025",
        "entity": "car",
        "value": 45000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "2026",
        "entity": "car",
        "value": 52000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "mid-range family saloon, new"
      },
      {
        "key": "1973",
        "entity": "house",
        "value": 9000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "1980",
        "entity": "house",
        "value": 22000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "1985",
        "entity": "house",
        "value": 60000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "1990",
        "entity": "house",
        "value": 180000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "1995",
        "entity": "house",
        "value": 700000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "2000",
        "entity": "house",
        "value": 1800000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "2005",
        "entity": "house",
        "value": 4500000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "2010",
        "entity": "house",
        "value": 9000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "2015",
        "entity": "house",
        "value": 20000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "2020",
        "entity": "house",
        "value": 32000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "2023",
        "entity": "house",
        "value": 45000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "2025",
        "entity": "house",
        "value": 65000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      },
      {
        "key": "2026",
        "entity": "house",
        "value": 75000000,
        "source": "retail-basket",
        "asOf": "2026-01-15",
        "note": "Lagos mainland, built"
      }
    ],
    "sources": [
      {
        "id": "retail-basket",
        "title": "FOS Retail Price Bulletins, CBN Annual Reports and NBS Selected Food Prices Watch",
        "publisher": "Federal Office of Statistics / CBN / National Bureau of Statistics",
        "retrieved": "2026-01-15"
      }
    ],
    "links": {
      "page": "/money",
      "self": "https://therepublic.extrafemi.com/api/public/data/v1/series/basket.retail-prices",
      "citation": "https://therepublic.extrafemi.com/api/public/data/v1/citation/basket.retail-prices",
      "catalogue": "https://therepublic.extrafemi.com/data"
    },
    "updated": "2026-01-15",
    "nextUpdate": "2027-01-31",
    "license": "CC BY 4.0 — reuse permitted with attribution to The Republic (therepublic.extrafemi.com) and to the underlying source named on each point.",
    "coverage": {
      "from": "1960",
      "to": "2026",
      "points": 106
    }
  }
}