ADVERTISEMENT
  • Home
  • About us
  • Contact us
Saturday, December 6, 2025
TheScript Nigeria
  • Home
  • International News
  • Local
  • Press Release
  • Economy
  • Crime
  • Business and Finance
  • Education
  • Guest Column
No Result
View All Result
  • Home
  • International News
  • Local
  • Press Release
  • Economy
  • Crime
  • Business and Finance
  • Education
  • Guest Column
No Result
View All Result
TheScript Nigeria
No Result
View All Result
Home Economy

Rice price rises by 29.41% in two months

thescript by thescript
November 25, 2019
in Economy
0 0
0
RICE
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Price of rice, a staple consumed during festivities in Nigeria, has risen by over 29.41 per cent since July, along with other foodstuffs. This is even as Christmas is just a few weeks away, Anna Okon reports
Before August 28 when the Nigeria Customs Service closed the borders against her neighbours, the price of rice was N17,000 per 50-kilogramme bag, having risen from N14, 000 a few months before.
Currently the price of foreign parboiled rice, has gone up to between N22, 000 and N30, 000, findings by our correspondent have shown.
Also, the price of local rice that is positioned to replace foreign ones on Nigeria’s dietary palate has also gone up.
It was gathered that the local rice at Bodija market in Ibadan, Oyo State, was being sold for N20, 000 per 50kg bag and N16, 000/50kg in Minna in Niger State.
In Garko Market, Kano, it sells for N20, 000/50kg bag.
In Lapal, Niger State; Gboko, Benue State; Maitagari, Jigawa State and Ughelli, Delta State, local rice sells for N18,000/50kg, N11,000/50kg, N19,000/50kg and N23,000/50kg bag, respectively.
In Egbeda Market in Lagos, local rice sells for about N18, 000; in Umuahia main market, Abia State, it sells for N22, 000.
The popular Ofada rice, consumed for its rich nutritional value and great flavour, sells for N28, 000 per 50kg bag and between N2, 800 and N3, 500 per 5kg bag.
This was not the case in July as data from Nigerian agriculture produce portals show.
In July, imported rice was N17, 000; local rice sold for between N11, 000 and N15, 000 for 50kg bag.
Source: Punch Newspaper.

Recommended

MAKINDE

Sallah: Makinde Visits Chief Imam, Aare Musulumi, Ladoja, Others.

5 years ago
BUHARI

President Buhari Extols Nelson Mandela’s Commitment To A Peaceful, Just And Democratic Society

7 years ago

Popular News

    Connect with us

    • Home
    • About
    • Contact
    • Terms of use
    Email Us: publisher@thescript.com.ng

    © 2021 TheScript Nigeria -Providing quality news and information that improves the quality of life.

    No Result
    View All Result
    • Home
    • International News
    • Local
    • Press Release
    • Economy
    • Crime
    • Business and Finance
    • Guest Column
    • Education

    © 2021 TheScript Nigeria -Providing quality news and information that improves the quality of life.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.