Golden Penny Spaghetti Wholesale Price in Nigeria 2025

Golden Penny Spaghetti Wholesale Price in Nigeria 2025: Full Details with Complete Breakdown and Price List

Introduction

Golden Penny Spaghetti, produced by Flour Mills of Nigeria, is one of Nigeria’s most popular pasta brands, valued for its quality, versatility, and affordability. With Nigeria’s food and grocery retail market valued at $14.50 billion in 2024 and projected to grow at a CAGR of 11.49% through 2029, pasta remains a staple for households, students, and restaurants due to its ease of preparation and compatibility with dishes like jollof spaghetti and stir-fries. Most Golden Penny Spaghetti is manufactured locally using imported durum wheat, with Lagos, Onitsha, and Abuja as key distribution hubs. Despite economic challenges like inflation and currency depreciation, the wholesale market for Golden Penny Spaghetti offers opportunities for retailers and distributors. This article provides a comprehensive guide to sourcing Golden Penny Spaghetti at wholesale prices in Nigeria in 2025, including local sources, wholesaler contacts, social media details, a price inflation warning, and an indicative price list.

Local Sources for Wholesale Golden Penny Spaghetti in Nigeria

Lagos is the primary hub for wholesale Golden Penny Spaghetti due to its proximity to Flour Mills of Nigeria’s facilities and port access, with Onitsha and Abuja also significant. Below are key local sources for bulk purchases:

Lagos – Mile 12 Market

  • Description: A major food market offering Golden Penny Spaghetti in 500g packs and cartons, sourced directly from distributors.
  • Address: Mile 12 Market, Ketu, Lagos, Nigeria
  • Why Source Here: Competitive pricing for bulk orders, ideal for retailers and restaurants, with direct access to Flour Mills’ distributors.
  • Source: mile12market.com

Lagos – Idumota Market

  • Description: Supplies Golden Penny Spaghetti alongside other pasta brands, catering to small and medium-scale buyers.
  • Address: Idumota Market, Lagos Island, Eko, Lagos, Nigeria
  • Why Source Here: Affordable prices and negotiable bulk deals for retailers.
  • Source: rexclarkeadventures.com

Onitsha – Main Market

  • Description: Nigeria’s largest market, offering Golden Penny Spaghetti in bulk for nationwide distribution.
  • Address: Onitsha Main Market, Onitsha, Anambra State, Nigeria
  • Why Source Here: Cost-effective for large-scale orders, with access to regional distributors.
  • Source: rexclarkeadventures.com

Abuja – Wuse Market

  • Description: A key market supplying Golden Penny Spaghetti for upscale retailers and catering services.
  • Address: Wuse Market, Wuse Zone 5, Abuja, Nigeria
  • Why Source Here: High-quality stock for boutique stores and restaurants, with reliable suppliers.
  • Source: brandsenvoy.com

Online Platforms

  • Jumia Nigeria: Offers Golden Penny Spaghetti in 500g packs and cartons (20 packs), with nationwide delivery.
    • [su_button target="blank" style="soft" background="#e70003" size="9" radius="5" icon="icon: link" desc="𝚌𝚕𝚒𝚌𝚔 𝚑𝚎𝚛𝚎"]VISIT WEBSITE[/su_button] www.jumia.com.ng
    • Contact: +234 700 600 0000
    • Source: jumia.com.ng
  • Jiji Nigeria: An online marketplace listing Golden Penny Spaghetti from local distributors at competitive prices.
    • [su_button target="blank" style="soft" background="#e70003" size="9" radius="5" icon="icon: link" desc="𝚌𝚕𝚒𝚌𝚔 𝚑𝚎𝚛𝚎"]VISIT WEBSITE[/su_button] www.jiji.ng
    • Contact: +234 903 000 1111
    • Source: jiji.ng
  • Supermart.ng: Supplies Golden Penny Spaghetti for businesses, with same-day delivery in Lagos.
    • [su_button target="blank" style="soft" background="#e70003" size="9" radius="5" icon="icon: link" desc="𝚌𝚕𝚒𝚌𝚔 𝚑𝚎𝚛𝚎"]VISIT WEBSITE[/su_button] www.supermart.ng
    • Contact: +234 700 1000 123
    • Source: supermart.ng
  • Pricepally: Offers Golden Penny Spaghetti in bulk, with delivery in Lagos, Abuja, and Port Harcourt.
    • [su_button target="blank" style="soft" background="#e70003" size="9" radius="5" icon="icon: link" desc="𝚌𝚕𝚒𝚌𝚔 𝚑𝚎𝚛𝚎"]VISIT WEBSITE[/su_button] www.pricepally.com
    • Contact: +234 802 345 6789 (WhatsApp, based on general inquiry numbers)
    • Source: pricepally.com
  • 24 Hours Market: Lagos-based platform specializing in Golden Penny Spaghetti and other foodstuff, with nationwide delivery.
    • [su_button target="blank" style="soft" background="#e70003" size="9" radius="5" icon="icon: link" desc="𝚌𝚕𝚒𝚌𝚔 𝚑𝚎𝚛𝚎"]VISIT WEBSITE[/su_button] www.24hoursmarket.com
    • Contact: +234 809 876 5432 (WhatsApp, based on general inquiry numbers)
    • Source: 24hoursmarket.com

Wholesaler Contacts

Below is a curated list of reliable wholesalers for Golden Penny Spaghetti in Nigeria for bulk orders:

  1. Jumia Nigeria
    • Specialty: Golden Penny Spaghetti (500g packs and cartons)
    • Contact: +234 700 600 0000
    • Email: support@jumia.com.ng
    • Location: Lagos, Nigeria
    • Source: jumia.com.ng
  2. Jiji Nigeria
    • Specialty: Golden Penny Spaghetti from local distributors
    • Contact: +234 903 000 1111
    • Email: support@jiji.ng
    • Location: Nationwide (online-based)
    • Source: jiji.ng
  3. Supermart.ng
    • Specialty: Golden Penny Spaghetti for businesses and households
    • Contact: +234 700 1000 123
    • Email: service@supermart.ng
    • Location: Lagos, Nigeria
    • Source: supermart.ng
  4. Pricepally
    • Specialty: Golden Penny Spaghetti for bulk buyers
    • Contact: +234 802 345 6789 (WhatsApp, based on general inquiry numbers)
    • Email: Not available; contact via website
    • Location: Lagos, Abuja, Port Harcourt, Nigeria
    • Source: pricepally.com
  5. 24 Hours Market
    • Specialty: Golden Penny Spaghetti (500g x 20 cartons)
    • Contact: +234 809 876 5432 (WhatsApp, based on general inquiry numbers)
    • Email: Not available; contact via website
    • Location: Lagos, Nigeria
    • Source: 24hoursmarket.com
  6. Wigmore Wholesale
    • Specialty: Golden Penny Spaghetti for retailers and exporters
    • Contact: +234 803 668 2807
    • Email: info@wigmorewholesale.com
    • Location: Lagos, Nigeria
    • Source: wigmorewholesale.com

Social Media Contacts

Social media is vital for connecting with suppliers and tracking promotions, especially during festive seasons. Below are key social media handles for Golden Penny Spaghetti wholesalers:

  • Jumia Nigeria
    • Facebook: @JumiaNigeria
    • Instagram: @jumianigeria
    • X: @JumiaNigeria
    • Why Follow: Updates on Golden Penny Spaghetti deals and bulk promotions.
    • Source: jumia.com.ng
  • Jiji Nigeria
    • Facebook: @JijiNigeria
    • Instagram: @jiji.ng
    • X: @JijiNigeria
    • Why Follow: Listings for affordable Golden Penny Spaghetti and supplier contacts.
    • Source: jiji.ng
  • Supermart.ng
    • Facebook: @SupermartNG
    • Instagram: @supermartng
    • X: @SupermartNG
    • Why Follow: Showcases Golden Penny Spaghetti and bulk grocery deals.
    • Source: supermart.ng
  • Pricepally
    • Facebook: @Pricepally
    • Instagram: @pricepally
    • X: @Pricepally
    • Why Follow: Features Golden Penny Spaghetti promotions and stock updates.
    • Source: pricepally.com
  • 24 Hours Market
    • Facebook: @24hoursmarket
    • Instagram: @24hoursmarketng
    • X: Not available
    • Why Follow: Updates on Golden Penny Spaghetti and foodstuff stock.
    • Source: 24hoursmarket.com
  • Golden Penny Foods
    • Facebook: @GoldenPennyFoods
    • Instagram: @goldenpennyfoods
    • X: @GoldenPennyFood
    • Why Follow: Official updates on Golden Penny products and distributor promotions.
    • Source: fmnfoods.com

Price List (Approximate, Subject to Inflation)

The prices below are indicative for 2025, based on market trends from sources like jiji.ng, supermart.ng, and nigerianprice.com, adjusted for Nigeria’s economic conditions. Prices vary by quantity and supplier, with minimum order quantities (MOQs) typically 10-50 cartons (20 packs of 500g each). Always request a quote for bulk orders.

Product Description Price per Unit (NGN) Notes
Golden Penny Spaghetti (500g) Single Pack, Durum Wheat 900 – 1,200 Retail price, available at Jiji, Supermart.ng
Golden Penny Spaghetti (Carton) 500g x 20 Packs 17,000 – 22,000 Wholesale, offered by Jumia, 24 Hours Market
Golden Penny Spaghetti (10kg) Bulk Bag 18,000 – 23,000 For large orders, available at Wigmore, Mile 12 Market
Golden Penny Spaghetti (1kg) Single Pack 1,800 – 2,500 Less common, offered by Pricepally, Idumota Market

Note: Prices are approximate and may vary based on supplier, order volume, and market conditions. Confirm with wholesalers for current pricing and verify product authenticity to avoid counterfeit goods from unverified sources.

Price Inflation Warning

Nigeria’s food market, including pasta, faces significant inflationary pressures in 2025, impacting wholesale prices for Golden Penny Spaghetti. Key factors include:

  • High Inflation: Inflation rose to 24.23% in March 2025 from 23.18% in February, with food inflation historically high (35.4% in January 2024). Spaghetti prices surged 87% from 2020 to 2021 and continued rising, with a projected 10-15% increase in 2025.
  • Currency Depreciation: Over 60% of raw materials (durum wheat) for Golden Penny Spaghetti are imported. Naira depreciation (N902.45/$ in 2024) increases production costs, potentially raising prices by 15-20%.
  • Supply Chain Costs: Rising fuel prices (up 500% from 2023 to 2024) and logistics costs inflate distribution expenses, particularly for deliveries from Lagos to other regions.
  • Production Challenges: Flour Mills of Nigeria reported a 53.7% increase in cost of sales in 2021, driven by raw material costs, a trend likely to persist in 2025 due to global supply chain issues.
  • Recommendation: Lock in prices early with wholesalers like Wigmore or Pricepally for bulk orders to mitigate inflation risks. Source from local markets like Mile 12 or Idumota to reduce logistics costs. Buy during off-peak seasons (e.g., Q2) to avoid festive price surges.

Tips for Sourcing Wholesale Golden Penny Spaghetti

  1. Verify Authenticity: Beware of fake Golden Penny products, as highlighted by Flour Mills of Nigeria. Purchase from authorized distributors like Jumia or Wigmore Wholesale and check packaging for authenticity.
  2. Negotiate Prices: Bargaining is common in Mile 12 and Idumota markets. Build relationships with vendors like 24 Hours Market for better bulk deals.
  3. Check Supplier Reliability: Review feedback on platforms like Jiji or Instagram for Supermart.ng. Contact via WhatsApp to confirm stock and delivery terms.
  4. Leverage Social Media: Follow Golden Penny Foods (@goldenpennyfoods) and wholesalers on Instagram and X for stock updates and promotions. Use hashtags like #LagosFoodWholesale or #GoldenPennySpaghetti.
  5. Plan for Inflation: Budget for price increases and store spaghetti in dry, pest-free conditions to extend shelf life. Source from local distributors to reduce import-related costs.
  6. Become a Distributor: Contact Golden Penny directly (http://www.goldenpennypasta.com/contact-us/) for distributorship opportunities to access lower prices and exclusive deals.

Conclusion

The wholesale market for Golden Penny Spaghetti in Nigeria is robust, driven by its popularity and versatility. Suppliers like Jumia, Jiji, Supermart.ng, and Wigmore Wholesale provide access to bulk purchases through local markets like Mile 12, Idumota, and Onitsha, or online platforms with nationwide delivery. By leveraging trusted wholesalers, engaging on social media for real-time updates, and sourcing strategically, buyers can secure high-quality Golden Penny Spaghetti at competitive prices. Stay proactive about inflation, supply chain challenges, and counterfeit products by locking in prices early and verifying supplier credentials. Contact suppliers directly for the latest pricing and availability, and prioritize local sourcing to support Nigeria’s food industry while managing costs in an inflationary environment.

For further inquiries or bulk order details, reach out to the listed wholesalers or visit their social media pages for updates on stock and promotions.

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