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Price of Rice in Nigeria: How much is a bag today? (2020)

Prices of rice in Nigeria

It’s no news that the price of rice in Nigeria has risen due to border closure and the financial crisis caused by the pandemic. This editorial provides insights on the prices of rice at various markets in Nigeria, as discovered by the Zerofy.ng Price Survey Team.

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Cost of Rice in Nigeria

Just a few years ago, the prices of rice hovered between ₦5,500 to ₦8,500. Sadly, due to poorly implemented governmental policies, these prices took an upward spiral in 2019.

Though there are genuine reasons to mitigate the negative balance of trade in Nigeria, the implementation of border closure was faulty at its core. Worse still, Nigeria wasn’t ready for the impact of a global crisis caused by a virus outbreak.

One can never be ready for such things. Moreover, the economy is currently experiencing a subtle meltdown, with over 80 million Nigerians earning below $2 a day. Although these have affected the prices of other food items, the prices of rice have taken the biggest hit.

These and several other factors not included herein have contributed to the increased prices of rice in the country. The biggest culprit, however, remains the border closure policy, as Zerofy.ng received reports stating that rice is currently being sold for ₦9,500 at the Seme border.

In addition to the unpleasant price tags on rice in the country, the Nigerian markets have experienced an influx of low quality local (stony) rice.

Price of Rice in Nigeria Now

In a prequel to this post, we analysed the best rice in Nigeria with a brief look at its prices. However, we’ve have gone a step further in this article as regards the prices of rice across Nigerian markets.

Below is a comprehensive list of the prices of rice in Nigeria;

Prices of Mama Gold Rice

Mama Gold is a made in Nigeria rice and an agro product of the OLAM Group. This group is well known for producing a variety of rice brands for the African market.

Mama Gold 50kg (full bag) Price:

MarketPrice
Daleko, Lagos₦23,000
Mile 12, Lagos₦23,500
Mushin, Lagos₦24,000
Oyingbo, Lagos₦23,500

Mama Gold 25kg (half bag) Price:

MarketPrice
Daleko₦13,800
Mile 12₦14,000
Mushin₦14,300
Oyingbo₦14,000

Mama Gold 10kg Price:

MarketPrice
Daleko₦6,200
Mile 12₦6,300
Mushin₦6,500
Oyingbo₦6,300

Mama Gold 5kg Price:

MarketPrice
Daleko₦3,150
Mile 12₦3,200
Mushin₦3,300
Oyingbo₦3,200

Current Prices of Mama Gold Rice across different markets in Lagos

Traders of rice at Mushin told Zerofy.ng that a full bag (50kg) of Mama Gold Rice cost ₦24,000. Whilst traders at Daleko, Mile 12, and Oyingbo said that a full bag of Mama Gold Rice would cost ₦23,000, ₦23,500, and ₦23,500 respectively.

Consequently, half bag (25kg) of Mama Gold Rice cost ₦13,800 ₦14,000, ₦14,300, and ₦14,000 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

As for 10kg of Mama Gold Rice, you would be able to purchase it for ₦6,200, ₦6,300, ₦6,500, and ₦6,300 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

Finally, 5kg of Mama Gold Rice is currently being sold at Mile 12 and Oyingbo for ₦3,200. However, you can get it for a cheaper price at Daleko for ₦3,150. Mushin market seems to have the most expensive prices for Mama Gold Rice with 5kg costing ₦3,300.

Prices of Mama’s Pride Rice

This is yet another rice brand produced by the OLAM Group. Mama’s Pride is a brand of quality rice that doesn’t get soggy when cooked. This rice is cultivated in Nasarawa State.

Mama’s Pride Rice ranked 5th on our list of best rice brands in Nigeria, with a consumer rating of 4.6/5.

The various prices of Mama’s Pride Rice are very identical to its favoured sibling, Mama Gold, and this can be seen below;

Mama’s Pride 50kg (full bag) Price:

MarketPrice
Daleko, Lagos₦23,000
Mile 12, Lagos₦23,500
Mushin, Lagos₦24,000
Oyingbo, Lagos₦23,500

Mama’s Pride 25kg (half bag) Price:

MarketPrice
Daleko₦13,800
Mile 12₦14,000
Mushin₦14,300
Oyingbo₦14,000

Mama’s Pride 10kg Price:

MarketPrice
Daleko₦6,200
Mile 12₦6,300
Mushin₦6,500
Oyingbo₦6,300

Mama’s Pride 5kg Price:

MarketPrice
Daleko₦3,150
Mile 12₦3,200
Mushin₦3,300
Oyingbo₦3,200

Latest Prices of Mama’s Pride Rice across different markets in Lagos

Traders at Daleko, Mile 12, and Oyingbo said that a full bag of Mama’s Pride Rice would cost ₦23,000, ₦23,500, and ₦23,500 respectively. Whilst store owners at Mushin told us that a full bag (50kg) of Mama’s Pride Rice cost ₦24,000.

Therefore, half bag (25kg) of Mama’s Pride Rice cost ₦13,800 ₦14,000, ₦14,300, and ₦14,000 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

10kg of Mama’s Pride Rice sells for ₦6,200, ₦6,300, ₦6,500, and ₦6,300 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

Currently, 5kg of Mama’s Pride Rice is sold for ₦3,200 at Mile 12 and Oyingbo. However, you can get it for a cheaper price at Daleko for ₦3,150. You can buy a 5kg bag of Mama’s Pride at Mushin for ₦3,300.

Prices of Lake Rice

The Lake Rice project kicked off in 2016. It began as a bilateral initiative between Kebbi State and Lagos State. The goal is to own atleast 70% of Nigeria’s rice market share. And the initial plan was to harness the economies of scale of Kebbi State in rice production, while having a readily-available market in Lagos State.

During the course of carrying out this survey, it was discovered that Lake Rice was at one point scarce in the market. This was due to poor distribution by the parties involved. Fortunately, we were able to ascertain its various prices in the market.

Lake Rice 50kg (full bag) Price:

MarketPrice
Daleko₦21,000
Mile 12₦21,500
Mushin₦22,000
Oyingbo₦21,500

Lake Rice 25kg (half bag) Price:

MarketPrice
Daleko₦12,000
Mile 12₦12,250
Mushin₦12,500
Oyingbo₦12,250

Lake Rice 10kg Price:

MarketPrice
Daleko₦5,600
Mile 12₦5,700
Mushin₦5,800
Oyingbo₦5,800

Lake Rice 5kg Price:

MarketPrice
Daleko₦2,800
Mile 12₦2,850
Mushin₦2,900
Oyingbo₦2,850

Current Prices of Lake Rice across markets in Lagos

Dealers of rice at Daleko stated that a full bag (50kg) of Lake Rice cost ₦21,000. Whilst traders at Mile 12, Mushin, and Oyingbo said that a full bag of Lake Rice would cost ₦21,500, ₦21,000, and ₦21,500 respectively.

Moreover, half bag (25kg) of Lake Rice cost ₦12,000 ₦12,250, ₦12,500, and ₦12,250 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

As for 10kg Lake Rice, you would be able to buy it for ₦5,600, ₦5,700, ₦5,800, and ₦5,700 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

Conclusively, 5kg of Lake Rice cost ₦2,850 at Mile 12 and Oyingbo. However, you can get it for a cheaper price at Daleko for ₦2,800. Mushin market seems to have the most expensive prices for Lake Rice with 5kg selling for ₦2,900.

Prices of Royal Stallion Rice

In our research on the best rice brands in Nigeria, this rice brand came second, with a consumer rating of 4.8/5. It is foreign rice and this is reflected in its price. Royal Stallion is one of the many rice brands marketed by the Stallion Group of Companies. The prices of Royal Stallion Rice in Nigeria are given below;

Royal Stallion Rice 50kg (full bag) Price:

MarketPrice
Daleko₦29,500
Mile 12₦29,500
Mushin₦30,000
Oyingbo₦29,500

Royal Stallion Rice 25kg (half bag) Price:

MarketPrice
Daleko₦16,500
Mile 12₦16,500
Mushin₦16,750
Oyingbo₦16,500

Royal Stallion Rice 10kg Price:

MarketPrice
Daleko₦7,500
Mile 12₦7,500
Mushin₦7,700
Oyingbo₦7,500

Royal Stallion Rice 5kg Price:

MarketPrice
Daleko₦4,700
Mile 12₦4,700
Mushin₦4,800
Oyingbo₦4,700

Latest Prices of Royal Stallion Rice across Nigerian Markets

Full bag (50kg) of Royal Stallion Rice cost ₦29,500, ₦29,700 at most markets including Daleko, Mile 12, and Oyingbo. However, in Mushin you’d get it for ₦30,000.

Sellers of rice at Daleko, Mile 12, and Oyingbo stated that half bag (25kg) of Royal Stallion Rice cost ₦16,500. Whilst traders at Mushin gave us an average ₦16,750 for half of Royal Stallion Rice.

10kg bag of Royal Stallion Rice goes for an average of ₦7,500 at Daleko, Mile 12, and Oyingbo, with the price reaching ₦7,700 at Mushin.

Lastly, 5kg of Royal Stallion Rice sells for ₦4,700 at Mile 12, Daleko, and Oyingbo. However, you might have to pay an extra ₦100 if you decide to get it at Mushin market.

Price of Caprice in Nigeria

Caprice is nicknamed the fried rice specialist for a reason. It is one of the best rice for the preparation of fried rice. This is because it barely absorbs water when cooked. One can afford to have a bowl of overcooked Jollof rice, but when it comes to making fried rice, it’s a taboo.

Since Caprice is imported from Thailand, it is very expensive in the Nigerian markets. The prices of Caprice are as follows.

Caprice 50kg (full bag) Price:

MarketPrice
Daleko₦29,000
Mile 12₦29,000
Mushin₦29,000
Oyingbo₦29,000

Caprice 25kg (half bag) Price:

MarketPrice
Daleko₦16,250
Mile 12₦16,250
Mushin₦16,250
Oyingbo₦16,250

Caprice 10kg Price:

MarketPrice
Daleko₦7,400
Mile 12₦7,400
Mushin₦7,400
Oyingbo₦7,400

Caprice 10kg Price:

MarketPrice
Daleko₦4,600
Mile 12₦4,600
Mushin₦4,600
Oyingbo₦4,600

Prices of Paddy Rice in Nigeria

In time past, the availability, prices, and quantity of imported parboiled rice in Nigeria have had significant effects on the price levels of paddy rice.

In March 2020, the Minister of Agriculture and Rural Development, Muhammad Nanono, expressed his dissatisfaction with the prices of rice in Nigeria.

He exclaimed that 50kg bag of rice shouldn’t be sold for anything greater than ₦16,000 because the cost of purchasing an unprocessed bag of paddy rice is ₦9,000 and the maximum expenses incurred while processing the rice is ₦3,000. This gives you a total cost of ₦12,000.

Hence, it is unpatriotic to sell a bag of rice for more than ₦16,000, he said.

Paddy RicePrice
75kg (full bag)₦9,000
37.5kg (half bag)₦4,250
10kg₦1,400
5kg₦700

The price of a full bag (75kg) of paddy rice is ₦9,000, but you can get 75kg for ₦10,000 in some places. Nevertheless, the price of 37.5kg of paddy rice is ₦4,250. Additionally, 10kg and 5kg cost ₦1,400 and ₦700 respectively.

Prices of Royal Naija Rice

Royal Naija Rice is a made in Nigeria rice. This rice brand is from Gombe State. The state is also home to Lula Rice. One consumer complained that the rice is packaged with husk and stones, however, a major distributor of this brand of rice said otherwise.

The wholesale of Royal Naija Rice is ₦17,500 per bag. And the retail prices are given below;

Royal Naija Rice 50kg (full bag) Price:

MarketPrice
Daleko₦21,000
Mile 12₦21,500
Mushin₦22,000
Oyingbo₦21,500

Royal Naija Rice 25kg (half bag) Price:

MarketPrice
Daleko₦12,500
Mile 12₦12,700
Mushin₦13,000
Oyingbo₦12,700

Royal Naija Rice 10kg Price:

MarketPrice
Daleko₦4,900
Mile 12₦5,000
Mushin₦5,200
Oyingbo₦5,000

Royal Naija Rice 5kg Price:

MarketPrice
Daleko₦3,000
Mile 12₦3,100
Mushin₦3,300
Oyingbo₦3,100

Latest Royal Naija Rice prices across markets in Lagos

Dealers of rice at Daleko stated that a full bag (50kg) of Royal Naija Rice cost ₦21,000. Whilst traders at Mile 12, Mushin, and Oyingbo said that a full bag of Royal Naija Rice would cost ₦21,500, ₦22,000, and ₦21,500 respectively.

That said, half bag (25kg) of Royal Naija Rice cost ₦12,500 ₦12,700, ₦12,000, and ₦12,700 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

As for 10kg Royal Naija Rice, you would be able to buy it for ₦4,900, ₦5,000, ₦5,200, and ₦5,000 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

Conclusively, 5kg of Royal Naija Rice sells for ₦3,100 at Mile 12 and Oyingbo. However, you can get it for a cheaper price at Daleko for ₦3,000. Mushin market seems to have the most expensive prices for Royal Naija Rice with 5kg costing ₦3,300.

Prices of Patriot Rice

Patriot Rice is a made in Nigeria rice. It is a parboiled medium grain rice, fortified with the minerals, as recommended by the World Health Organization (WHO). It is a domestically processed rice made by Chi Limited.

Chi Limited is a fast-moving consumer goods company that was founded in 1980. They produce a host of other consumer products. The Coca-Cola Company has the majority shares in Chi Limited.

Lagos State enjoys a relatively low price for Patriot Rice. The various prices of Patriot Rice are unveiled below.

Patriot Rice 50kg (full bag) Price:

MarketPrice
Daleko₦21,000
Mile 12₦21,500
Mushin₦22,000
Oyingbo₦21,500

Patriot Rice 25kg (half bag) Price:

MarketPrice
Daleko₦12,500
Mile 12₦12,700
Mushin₦13,000
Oyingbo₦12,700

Patriot Rice 10kg Price:

MarketPrice
Daleko₦4,900
Mile 12₦5,000
Mushin₦5,200
Oyingbo₦5,000

Patriot Rice 5kg Price:

MarketPrice
Daleko₦3,000
Mile 12₦3,100
Mushin₦3,300
Oyingbo₦3,100

Prices of Patriot Rice across markets in Lagos

Dealers of rice at Daleko stated that a full bag (50kg) of Patriot Rice cost ₦21,000. Whilst traders at Mile 12, Mushin, and Oyingbo said that a full bag of Patriot Rice would cost ₦21,500, ₦22,000, and ₦21,500 respectively.

On the other hand, half bag (25kg) of Patriot Rice cost ₦12,500 ₦12,700, ₦13,000, and ₦12,700 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

As for 10kg Patriot Rice, you would be able to buy it for ₦4,900, ₦5,000, ₦5,200, and ₦5,000 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

Lastly, 5kg of Patriot Rice sells for ₦3,100 at Mile 12 and Oyingbo. However, you can get it for a cheaper price at Daleko for ₦3,000. Patriot Rice is sold at Mushin for ₦3,300 per 5kg bag.

Prices of Big Bull Rice

Big Bull Rice is another locally produced rice on this list. It hails from Kebbi State. We received nothing but good consumer feedbacks in regard to this rice brand.

Big Bull Rice 50kg (full bag) Price:

MarketPrice
Daleko₦21,000
Mile 12₦21,500
Mushin₦22,000
Oyingbo₦21,500

Big Bull Rice 25kg (half bag) Price:

MarketPrice
Daleko₦12,500
Mile 12₦12,700
Mushin₦13,000
Oyingbo₦12,700

Big Bull Rice 10kg Price:

MarketPrice
Daleko₦4,900
Mile 12₦5,000
Mushin₦5,200
Oyingbo₦5,000

Big Bull Rice 5kg Price:

MarketPrice
Daleko₦3,000
Mile 12₦3,100
Mushin₦3,300
Oyingbo₦3,100

Current Big Bull Rice prices across markets in Lagos

Dealers of rice at Daleko stated that a full bag (50kg) of Big Bull Rice cost ₦21,000. Whilst traders at Mile 12, Mushin, and Oyingbo said that a full bag of Big Bull Rice would cost ₦21,500, ₦22,000, and ₦21,500 respectively.

Additionally, half bag (25kg) of Big Bull Rice cost ₦12,500 ₦12,700, ₦13,000, and ₦12,700 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

10kg of Big Bull Rice prices are ₦4,900, ₦5,000, ₦5,200, and ₦5,000 at Daleko, Mile 12, Mushin, and Oyingbo respectively.

Nonetheless, 5kg of Big Bull Rice sells for ₦3,100 at Mile 12 and Oyingbo. However, you can get it for a cheaper price at Daleko for ₦3,000. Mushin market seems to have the most expensive prices for Big Bull Rice with 5kg costing ₦3,300.

Final Note

The Prices of rice in Nigeria are quite expensive now, even the domestically produced ones. Regardless of the fact that local producers are trying to exploit demand-pull inflation.

The prices of rice are expected to drop as the domestic rice companies improve their industrial capacity and the technology utilized in rice production.

Frequently Asked Questions

How much is local rice in Nigeria?

Local rice is currently being sold for a range of ₦20,000 to ₦26,000. Madam Nnewi, a major rice trader, told Zerofy.ng that the local rice, Tomato Gold, sells for ₦22,500. And Mama Gold, another locally processed rice, is being sold for ₦24,000.

How much is a bag of rice in Nigeria 2020?

While discussing with a major rice dealer, he mentioned that there are two types of local rice in the markets. A bag of local rice with stones and husk cost ₦20,000. However, the price of a good quality or properly processed bag of rice is ₦25,000.

In view of his attestation, it can be said that the higher the quality of rice, the more expensive it becomes.

How much is a Mudu of rice in Abuja?

Currently, a mudu of rice in Wuse Market, Abuja is ₦2,100. However, you might be able to get it for a cheaper rate at Kabusa Market, Abuja on a Saturday. Don’t forget to put on appropriate footwear because the road leading to the market is untarred and it’s rainy season.

What was the price of rice in Nigeria in 1999?

In 1999, the price of rice in Nigeria was between ₦2,350 to ₦2,850 for locally produced rice. Foreign or imported rice was sold for ₦2,500 to ₦3,000.

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