Prices of rice in Nigeria 2023 Today- Current prices, best quality

Prices of rice in Nigeria 2023! Nigerians of all ages and socioeconomic levels eat rice, which is a basic diet. It is an inexpensive and easily accessible source of nutrition and energy, and for many households, it serves as the primary food supply. As one of the most commonly traded commodities worldwide, rice’s price has a considerable impact on the economy of Nigeria. 

In Nigeria, the cost of rice has varied considerably during the last few years. The price of rice has fluctuated greatly throughout time, rising sharply in some cases and falling sharply in others. Numerous factors, such as shifts in global demand and supply, production costs, and the strength of the Nigerian naira, might be blamed for this volatility.

Despite these variations, rice continues to be a crucial component of the Nigerian diet. It is an inexpensive and easily accessible source of nutrition and energy, and for many households, it serves as the primary food supply. It is crucial to comprehend the variables that affect rice’s price and take action to stabilize the market in order to guarantee that all Nigerians have access to affordable and high-quality rice.

In this article, we examine the price of various bags of rice in Nigeria, where to locate cheap rice in Nigeria, the global market for rice, considerations to make while buying rice in Nigeria, and much more.

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Prices of a bag rice in Nigeria 2023

Numerous market variables affect how much rice costs per bag in Nigeria. Because the price of rice varies depending on the size, there is no set price that applies to all brands.

For both domestic and imported rice, the price of a bag in Nigeria ranges from 32,000 Naira to 40,000 Naira.

What does a 50 kilogram bag of rice cost in Nigeria?

A 50 kg bag of imported rice currently costs between $30,000 and $45,000 in Nigeria, but a 50 kg bag of locally produced rice currently costs between $30,500 and $45,000.

The current price of rice in Nigeria per 50kg bag, broken down by brand, is shown below;

• Mama’s Pride Rice ₦32,500 – ₦35,000
• Mama’s Choice ₦30,500 – ₦35,500
• Mama’s Pride (Premium Parboiled) Rice ₦30,000 – N32,500
• Gerawa Rice ₦30,000 – ₦32,500
• Mango Rice ₦31,500 – ₦33,500
• Big Bull Stone Rice ₦29,000 – ₦32,000
• Siamese ₦30,500 – ₦33,000
• CAP Rice ₦30,000 – ₦35,000
• Labana Rice ₦31,000 – ₦33,000
• Destoned Ofada Rice ₦29,000 – ₦35,000
• Ebonyi Special Rice ₦30,000 – ₦35,500
• Mafa Rice ₦31,000 – ₦35,000
• Vitali ₦32,500 – ₦38,000
• Optimum Parboiled Rice ₦30,000 – ₦35,000
• HAB Premium Parboiled Rice ₦29,000 – ₦35,000
• Royal Stallion Rice ₦30,000 – ₦35,000
• Mama Gold Rice ₦30,000 – ₦37,000

What does a 25 kilogram bag of rice cost in Nigeria?

As shown below, the cost of 25 kg of imported or locally produced rice in Nigeria ranges from N10,500 to N20,000.

• Royal Stallion ₦18,980 to ₦22,000
• Mama’s Pride Premium Parboiled Rice ₦18,200 to ₦22,500
• Big Bull Premium Rice ₦18,500 to ₦25,500

Where in Nigeria can I find cheap rice?

Nigerian local markets, supermarkets, and wholesale shops are just a few of the locations where you may find affordable rice. Shoprite, Spar, and Game are a few well-known supermarkets that sell rice at reasonable prices. Additionally, local farmers and rice mills in the nation’s rice-growing regions, like Kebbi and Ebonyi, frequently offer rice at a lesser price than stores. To compare prices and find savings on rice, you can also search for online markets like Jumia and Konga.

Local rice is way cheaper than imported rice (foreign rice). Since shipping costs are added in during importations, imported rice is pricey.

Choose local rice if you want to purchase anything inexpensively. To purchase rice directly from the farmers, go to a nearby rice supper.

Nigeria’s finest states and regions for purchasing inexpensive local rice from farmers include;

• Abakaliki, Ebonyi State.
• Patigi, Kwara State
• Kebbi State
• Benue State
• Ondo State
• Niger State
• Kaduna State
• Kano State
• Ekiti State
• Jigawa State
• Rivers State
• Ogun State
• Cross River State
• Akwa Ibom State

However, if you want to purchase foreign rice, make sure to do so from wholesalers, dealers in rice, or online retailers like Jumia, Jiji, and others.

2 kg, 5 kg, 10 kg, and 20 kg prices

The price of rice in Nigeria for 1 kilogram, 2 kg, 5 kg, 10 kg, 20 kg, and so forth in 2023 is shown below.

• Perchams Organic Brown Rice 5kg ₦4500 to ₦6500
• Extra Coarse Bulgur Rice 1000g X2 ₦3000 to ₦6500
• Maharani Indian Basmati Rice 5kg ₦6900 to ₦8000
• Tropical Sun Natural Brown Basmati Rice 2kg ₦3000 to ₦5500
• Cap Rice 10kg ₦7,000 to ₦17,500
• Mama’s Pride Parboiled Rice 10kg ₦4,900 to ₦8,000
• Arike Ofada Rice 5kg ₦5,500 to ₦6,500
• Aani Premium Basmati Rice 10kg ₦12,500 to ₦15,500
• Lal Qilla Basmati Rice 5kg ₦1400 to ₦16500
• Mama Gold Semolina 10kg ₦4500 to ₦8500
• Laila Brown Basmati Rice 2kg ₦5500 to ₦7000
• Nu’eden Ofada Rice 2kg ₦2300 to ₦3500
• Local Ofada Rice 5kg ₦5000 to ₦10000
• Royal Stallion 10kg ₦10,500 to ₦15,500
• Royal Stallion Rice 5kg ₦3,800 to ₦5,500
• Mama’s Pride Parboiled Rice 5kg ₦25,000 to ₦27,500

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What rice can I buy in Nigeria that is of the best quality?

The best rice to purchase in Nigeria depends on personal preference and price range. However, a few well-liked, high-quality choices are as follows:

• Ofada Rice: Ofada Rice is a premium variety of rice that is produced locally in Nigeria and is prized for its distinct flavor and aroma.
• Basmati Rice: Long-grain rice with a fragrant aroma and delicate texture is known as basmati. It is a preferred option for many Nigerian families.
• Parboiled Rice: Rice that has been parboiled has been precooked before it is packaged, making it more nutrient-dense and simple to prepare. It is a preferred option among Nigerian families and is particularly renowned for its fluffy texture.
• Brown rice: This whole-grain variety of rice is renowned for its health advantages. It is an excellent choice for individuals looking for a healthy alternative to white rice because it is high in vitamins and minerals.

In the end, your taste and nutritional choices will determine the best rice to purchase in Nigeria. It is always advised to examine the rice’s package and ingredients before purchasing to make sure it lives up to your expectations.

Global Rice Market

The production, distribution, and consumption of rice make up the vast and intricate global rice market. Over 50% of the world’s population relies on rice as a staple diet, and it is farmed in practically every nation. The top rice-producing nations worldwide are Bangladesh, China, India, Indonesia, and Vietnam. Few significant exporting nations, like Thailand, Vietnam, Pakistan, and India, collectively accounting for more than half of worldwide rice exports, dominate the rice market.

Weather patterns, governmental regulations, and shifts in demand around the world are just a few of the variables that have an impact on the global rice market. For instance, the production and price of rice can be significantly impacted by meteorological events like droughts, floods, and typhoons. Government initiatives like rice farmer subsidies can have an impact on the market. The demand for rice worldwide can also be impacted by variations in population growth, income levels, and dietary choices.

Things to take into account when purchasing rice in Nigeria

Some considerations to think about when purchasing rice in Nigeria are:

• Rice varieties include parboiled, jasmine, basmati, and others in Nigeria. Each kind has a distinct flavor, texture, and cooking time.
• Brand: Because different brands may range in their levels of consistency and quality, it’s critical to conduct thorough research before selecting a brand.
• Price: To be sure you are getting a decent bargain, compare prices from several sellers.
• Package: Look for any damage or tampering in the packaging since this may mean the rice isn’t fresh.
• Quantity: To prevent waste, calculate how much rice you will use and buy it.
• Avoid purchasing rice from open markets or street vendors as there is a greater chance that it is tainted or over its expiration date.
• Organic vs. conventional: Although conventional rice could be more economical, some individuals prefer to purchase organic rice because it is devoid of pesticides and chemical fertilizers.

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