Like in many other nations, Nigeria's 50 kg bag price of rice is determined by several interrelated factors. These elements can be divided into two general categories: supply-side and demand-side components.
How Much Is A Bag Of Rice In Nigeria
The average price of a 50kg bag of foreign Rice in Nigeria today is ₦55,000 while the average price of a 25kg (half) bag of foreign Rice is ₦28,000. The average price of a 50kg bag of Nigerian Rice today is ₦50,000 while the average price of a 25kg (half) bag of Nigerian Rice is ₦25,000. A derica of rice costs ₦1,500 while a paint of rice has an average price of ₦5,500.
Below is a breakdown to guide your budget:
Price of 50kg bags of foreign Rice in Nigeria
Rice Brands Prices
My food ₦60,000
My choice ₦55,000
Cap rice ₦60,000
Royal Stallion ₦55,000
Mama Africa ₦55,000
The average price of Nigerian Rice is ₦55,000.
Price of Bags 50kg of Nigerian Rice
Rice Brands Prices
Abakiliki Rice ₦50,000
UMZA Rice ₦50,000
Big Bull Rice ₦69,000
Elephant Rice ₦50,000
Ofada Rice ₦80,000

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