Business

Rice Prices in Nigeria: Cost of 50KG, 25KG, 10KG Bag Today – 29th March 2024

Rice is a staple food in Nigeria, consumed by millions daily. It’s not just a regular meal but also a ceremonial food featured in various events.

Price of Bag of Rice in Nigeria TodayHow Much Is a 50kg Bag of Rice in Nigeria Today?25kg Bag of Rice Price in Nigeria50kg Bag of Rice Price10kg Bag of Rice Price in NigeriaPrice of Rice (Bag) in Different States – Table

The cost of rice in Nigeria has seen fluctuations due to factors like seasonal changes and exchange rates. With the ban on rice importation and the increase in local rice farming, prices have become more stable, though not as low as many would prefer.

Here’s an extensive look at the current rice prices in Nigeria.

Are you idle? Are you looking for a legit work? or a side hustle to enhance your finance status? Are you interested in learning how to trade or you have been a trader but don't know how to make profits in your Forex Trading journey. Dm (https://wa.me/2347085284771) let’s show you how it works. Wants Acct Management? If you want a copy trade dm (https://wa.me/2347085284771) and join our signal group. We trade volatility strictly on (step index 📈📉) PereFx 📉📈. Note: I charge!!!!

The price of a bag of rice in Nigeria can vary based on several factors, including the brand, quality, and location. As of today, the prices are as follows:

50kg Bag: From N87,000 in Abuja to N85,000 in Lagos.
25kg Bag: From N43,000 in Lagos to N39,000 in Sokoto.
10kg Bag: Generally ranges from N20,500 to N25,500.

How Much Is a 50kg Bag of Rice in Nigeria Today?

The 50kg bag is the most common size purchased by Nigerians. The prices for a 50kg bag of rice across different locations are:

Abuja: From N87,000.
Lagos: From N85,000.
Jos, Plateau State: From N80,000.
Ilorin, Kwara State: From N78,000.
Ibadan, Oyo State: From N78,000.
Port Harcourt, Rivers State: From N85,000.

25kg Bag of Rice Price in Nigeria

The 25kg bag is a popular choice for smaller families or those with limited storage space. The prices are:

Lagos: From N43,000.
Sokoto, Sokoto State: From N39,000.

50kg Bag of Rice Price

For those looking to purchase in bulk, the 50kg bag offers the best value. The prices for various brands are:

Mama Gold: N85,000 – N90,000.
Royal Stallion: N85,000 – N95,000.
Caprice: N90,000 – N95,000.

10kg Bag of Rice Price in Nigeria

The 10kg bag is suitable for individuals or small families. The prices for this size are:

Mama Gold: N20,500 – N25,500.
Royal Stallion: N20,500 – N25,500.
Caprice: Not widely available in 10kg size.

Please note that these prices are subject to change based on market conditions and location. It’s always best to check the current prices at your local market or retailer.

About the author

Bunady

JOLOWO BUNALAYEFA PIUS is the Chief Executive Officer (CEO) for BUNADY NEWSLITE GLOBAL ENTERPRISE (Bunady.com). He started his Blogging/Journalism career at God's Own Wireless Company 2012. He's a graduate of Adekunle Ajasin University Akungba Akoko Ondo State, with a major in History And International Studies. You can contact him for press events, advertisement promotions on Email: contact.bunady@gmail.com

Leave a Comment