Price of 50kg bag of rice don climb to ₦100,000

Food price for Naija no dey show any sign to slow down, as e dey rise bicos of recent economic policies wey President Bola Tinubu government don put.

One recent survey wey Pipos Gazette do show say price of 50kg bag of rice, wey be staple for Naija house, don pass ₦100,000, and e dey cause worry about how pipo go fit buy am.

Di survey show say popular brands like Caprice dey sell for ₦123,500, Disney Princess dey go for ₦102,000, Saelony dey cost ₦110,000, Big Bull dey sell for ₦113,000, Mamas Pride dey reach ₦114,000, while Tomato Gold dey as high as ₦148,500.

Plus, Big Bull sachet rice wey dem dey sell for ₦200 before, now e dey sell for ₦300, as e don increase recently.

Economists dey talk say na di naira wey don weak cause di price wey don rise, as e don fall reach all-time low of ₦1689.88 for di official Investors and Exporters window, according to FMDQ Exchange on November 12, 2024.

Experts dey also mention say di sharp rise for fuel price under Tinubu government na anoda big factor.

Since Tinubu take office for May 29, 2023, fuel price don jump from ₦175 per litre to ₦1,030, wey be almost 500% increase for dis period.

Dis mata dey go against Tinubu campaign promise for Ogun State, wia e promise say e go reduce petrol pump price if dem elect am.

Di prices wey dey soar don make pipo dey worry about inflation and how to fit buy wetin dem need, as Naija dey find am hard to afford essential goods.

Royal Stallion 

Anoda popular brand na Royal Stallion. Dis Thai brand don gain popularity for Naija bicos e get quality and e no too cost.

Na parboiled rice brand, which mean say e dey keep more nutritional value pass oda types of rice.

Mama Gold 

Mama Gold na local Naija brand wey pipo dey find well well.

Na parboiled rice brand, wey sabi for im high nutritional value, unique taste, and aroma.

E dey popular too bicos e no dey sticky after cooking.

My food 

My food na foreign brand wey don gain popularity bicos e get quality and e no too cost.

Na sortexed parboiled rice, wey mean say dem don process am to remove impurities and broken grains, to make sure say e be high-quality product.

My Choice 

My Choice na also foreign brand wey don gain popularity bicos e get quality and e no too cost.

Na sortexed parboiled rice, wey mean say dem don process am to remove impurities and broken grains, to make sure say e be high-quality product.

Khemji Rice 

Anoda brand wey don make im mark for Naijan market na Khemji Rice.

Dis na Indian rice wey pipo like well-well bicos e dey fluffy when dem cook am.

E dey appreciated for im rich taste.

Ofada Rice 

Den get Ofada rice. Dis na Naija brand wey dey offer locally grown, high-quality rice.

E dey known for im freshness, unique taste, and e no get stones and oda impurities.

Price of 50kg & 25kg bag of rice for Naija November 14, 2024

Rice dey chop for almost every house. So, demand for rice dey always high. But, price fit change bicos of how much e cost to produce, import cost, and how exchange rate dey change.

How much be 50kg bag of rice for Naija today 

Local rice brands like Mama’s Pride and Mama’s Choice dey sell for between 70,000 Naira and 105,000 Naira for 50kg bag.

Imported brands like Royal Stallion and Caprice dey usually cost more, with price dey range from 75,000 Naira to 105,000 Naira for 50kg bag.

How much be one bag of foreign rice for Naija today?

Foreign rice dey cost pass local rice bicos of importation cost and tariff.

For example, brands like Basmati, Thai, and Indian rice na foreign and dem dey usually cost higher.

Di average price of one bag of foreign rice for Naija today na 78,000 naira.

How much be one bag of local Naija rice today?

Local Naijan rice na rice wey dem dey grow, process, and package for Naija. E be staple food for di country and e dey important for di Naijan diet. Dis kind rice plenty pipo dey prefer am bicos e fresh and e dey support local farmers and di economy. As of today, di average price of one bag of local rice for Naija na 70,000 naira.

10kg Bag of Rice Price for Naija

10kg bag of rice na di smallest size of rice packaging for Naija.

As of today, November 14, 2024, di average price of 10kg bag of foreign rice na 18,000 naira while di average price of 10kg bag of local Naijan rice na 15,000 naira.

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