Rice is a staple food in Nigeria, enjoyed by millions of households across the country. As of May 5th, 2024, families are feeling the weight of fluctuating rice prices. Let’s explore the current rates for a 50kg bag of rice from popular brands in Nigeria.
Mama Gold Rice
Mama Gold, a household name, offers a 50kg bag ranging between ₦55,000 to ₦70,000. Families relying on this brand may find some relief in the lower end of this price spectrum.
Royal Stallion Rice
For those loyal to Royal Stallion, the cost of a 50kg bag sits between ₦55,000 and ₦75,000. While this brand promises quality, the higher price tag might strain some budgets.
Rice Master Rice
Rice Master, known for its consistent quality, presents a similar price range of ₦55,000 to ₦70,000. Families may opt for this brand for its reliability despite the competitive market.
Caprice Rice
Caprice, another popular choice, offers its 50kg bag for ₦60,000 to ₦80,000. While slightly pricier, loyal customers may find the quality worth the expense.
Nigerian Rice (Local)
For those supporting local producers, Nigerian Rice offers a range of ₦50,000 to ₦75,000 per 50kg bag. While supporting local agriculture, families also benefit from potentially lower prices compared to imported brands.