As Nigeria’s culinary cornerstone, rice prices sway the nation’s kitchen tables. Today, on April 18th, 2024, we present an exclusive look into Nigeria’s rice market, unveiling the latest price dynamics across the country.
In Nigeria, rice isn’t just a meal; it’s a cultural emblem. As both a top producer and voracious consumer, Nigeria boasts a rich tapestry of rice varieties, reflecting diverse palates and traditions.
Leading Brands and Their Price Points
Mama Gold Rice: The epitome of quality and convenience, Mama Gold reigns supreme. Prices fluctuate:
50kg: ₦85,000 — ₦90,000
25kg: ₦40,500 — ₦45,000
10kg: ₦20,500 — ₦25,500
Royal Stallion Rice: Another stalwart in the market, Royal Stallion, offers consistency amid price variations:
50kg: ₦85,000 — ₦95,000
25kg: ₦40,500 — ₦45,000
10kg: ₦20,500 — ₦25,500
Rice Master Rice: Renowned for its balance of quality and affordability, Rice Master maintains its appeal:
50kg: ₦85,000 — ₦90,000
25kg: ₦40,500 — ₦45,000
Caprice Rice: Valued for its economic viability and taste, Caprice commands attention:
50kg: ₦90,000 — ₦95,000
25kg: ₦45,500 — ₦50,500
Other Brands
- Nigerian Rice: Priced at ₦85,000 – ₦90,000 per 50kg bag.
- Falcon Rice (25kg): Ranges from ₦25,500 to ₦35,000.
- Basmati Rice (5kg): Costs hover between ₦20,500 and ₦35,500.
- Ofada Rice (5kg): Priced from ₦18,500 to ₦25,500 per 5kg bag.