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.