In Nigeria, as well as other parts of Africa and Asia, rice is a prevalent and commonly consumed food source. With the third biggest global production, it provides food for more over half of the world’s population. Rice is made from the seed of the grass Oryza sativa, sometimes known as Asian rice, or the less common Oryza glaberrima (African rice).
Although rice may be cultivated everywhere, certain environmental parameters, such as rainfall, temperature, and soil texture, are crucial. There are cultural functions for rice in many nations throughout the world. It is a member of the carbohydrate food group and is a significant source of energy with 130 calories per 100 grams. Rice also includes a sizable quantity of protein.The most popular method of preparation is boiling. Jollof, fried rice, Banga rice, coconut rice, and other varieties of rice are some of the ways it is made in Nigeria. Different sack sizes, including 50kg, 25kg, 10kg, and even 5kg, are used to package rice. Depending on the produce’s brand, color, and quality, these have varying pricing. Rice has always been expensive in Nigeria, as far back as I can remember. This variation may be due to currency rates or seasonal factors (at the time Nigeria was still a major importer of rice). Although times have changed significantly, rice is still more expensive than Nigerians would want.
In an effort to boost local production and indigenous farming, the Nigerian federal government blocked the border in 2020 to prohibit the importation of foreign rice that it had outlawed.
A typical food staple on every continent is rice. Rice is a staple food in the diets of the majority of peoples and civilizations across the world. It is a grass species known technically as Oryza sativa that is gathered for its seeds, which are used to make cereal grains. In Nigeria, rice is not only a staple food that can be consumed anywhere at any time, but it is also a ceremonial dish that is frequently served at celebrations and rituals including weddings, naming ceremonies, funerals, and birthdays. But how much exactly does a sack of rice cost in Nigeria?
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Nigeria’s current rice price range
The current prices for rice in Nigerian marketplaces are listed below, broken down by geopolitical region. These costs are intended for customers who aren’t particularly brand-sensitive.
| SIZE OF RICE | REGION | PRICE RANGE |
| 50kg bag | Abuja | #30,000 – #35,000 |
| 50kg bag | Lagos | #32,000 – #35,000 |
| 50kg bag | Jos, Plateau State | #31,500 – #35,000 |
| 50kg bag | Ilorin, Kwara State | #32,000 – #35,000 |
| 50kg bag | Ibadan, Oyo State | #33,000 – #35,000 |
| 50kg bag | Port Harcourt, Rivers State | #33,000 – #35,000 |
| 25kg bag | Lagos | #16,000 – #18,000 |
| 25kg bag | Sokoto, Sokoto State | #15,500 – #17,500 |
| 100kg bag | Sokoto, Sokoto State | #60,000 – #70,000 |
Without taking into account the many brands that were once offered in the Nigerian market, we cannot examine the cost of rice in Nigeria. These brands, which are created in several nations throughout the world, long held sway in Nigeria. Mama Gold, Stallion, Caprice, Rice Master, Royal Stallion, and others are among them. Many of these brands are still available on the market today at the prices shown below.
Cost of Mama Gold Rice in Nigeria
In Nigeria, Mama Gold rice is a well-liked brand, and for good reason. It is Thai-parboiled rice of the highest grade with a very low starch content. Because it is simple to prepare and doesn’t require a lot of parboiling, special rice is known as such by many Nigerians. It is available in several sizes at various pricing. This rice is offered in a number of marketplaces around the nation, including Lagos’ well-liked Daleko market.
-#37,400 to #45,000 for 50 kilogram of Mama Gold rice (depending on the market)
Cost of Rice Master in Nigeria
Another well-known, high-quality brand that has long ruled the market and satisfied our taste senses is Rice Master Rice. It is a delicious, well-parboiled combination of rice with a distinctive flavor and color. It is also moderately priced and accessible in the nation’s major marketplaces.
-#30,000 to #40,000 for Rice Master 50 kg (depending on the market)
-#15,000 to #20,000 for Rice Master 25 kg (depending on the market)
Cost of Ofada Rice in Nigeria
Nigerian brown rice is a kind of rice that is frequently grown in the region and in certain other regions of the country. It is named after the town of Ofada in Ogun state. It is astonishing since sometimes rice is seen as a luxury item that is sold in upscale pubs and restaurants all around the nation.
-1 kilogram of ofada rice is equivalent to between #2,050 and #3,000.
-Ofada rice (5 kilogram) is between #7,000 and #10,000
Cost of Caprice in Nigeria
Another well-known household name in Nigeria is Caprice. In fact, it’s one brand that you can get pretty much anywhere in the nation. It is one of the most well-known rice brands in the nation, along with Mama Gold and Stallion. It has also long been one of the least expensive brands. Let’s see the price at which this rice now trades in Nigeria.
-50kg Caprice Rice costs between #35,500 and #42,000
-Caprice 25kg Rice Costs Between #15,000 and #21,800
Cost of Royal Stallion Rice in Nigeria
The Stallion Group of Companies, which also markets a number of food products, vehicles, and home goods under the Stallion name, is responsible for marketing this rice. One of the most popular rice brands in the world, Stallion rice has rice from respectable nations including Thailand, Vietnam, India, Brazil, and the United States of America. It comes in a high-quality variety, thus it stands to reason that it is a popular brand in the nation.
-#40,000 to #50,000 for 50 kilogram of Royal Stallion rice (depending on the market)
-Royal Stallion 25 kilogram Rice Costs Between #18,000 and #25,000 (depending on the market)
Cost of Other Rice Brands in Nigeria
Basmati Rice: Another brand of rice that is quickly gaining popularity is basmati. Many claim that because it has little sugar, many women who are managing their weight—and perhaps males as well—choose it. In many stores around the nation, basmati rice is sold in special bags that are all its own.
-N8,000 to N15,000 for a 5 kilogram.
Falcon Rice:This American-made medium, long, and whole grain rice is available. Although it is not a species that is frequently consumed, it is becoming more popular, especially among Nigerians who have lived abroad for a while.
-N15,000 to N20,000 for a 25-kg price.
Due to its exquisite processing, foreign rice is chosen by the majority of Nigerians and was one of the most frequently imported items in the nation before government restrictions. Although there are still limitations on the sale of foreign rice, as the name implies, many merchants continue to offer various types of rice that are produced outside of Nigeria. In Nigeria, a 50 kilogram bag of imported rice costs, on average, #28,000. Following are some international rice brands and their costs:
| Rice Brand | Size (bag) | Price |
|---|---|---|
| My Food Rice | 50kg | #30,000 |
| Aani Golden Sella Basmati Rice | 10kg | #15,000 |
| Aeroplane Indian Basmatic rice | 5kg | #8,000 |
| Riceland American Long Grain Rice | 45.3kg | #32,000 |
| My Choice | 50kg | #30,000 |
China is the greatest rice grower in the world. You might envisage the market with a population of roughly N1.5 billion. Strangely, China does not export the most rice worldwide. Despite producing roughly 30% of the world’s rice, the nation is not well-known for exporting the commodity. Additionally, it is the largest rice user in the world.
Thailand is the largest rice exporter in the world. It exports 30% of the world’s rice production and ranks sixth among the top six rice producers, just behind Vietnam, India, and the United States. Nigeria is now far from any of these indices. However, rice is a staple in the nation. The Rice Farmers Association of Nigeria (RIFAN) reports that while 5.8 million tons of rice are produced there each year, Nigeria consumes roughly 7.9 million tons of rice yearly.
The numbers are truly alarming. More than 17 million tons of rice were imported into the nation between 2011 and 2015. To partially meet the 5.2 million tons used in 2016, 2.3 million tons were imported. In Nigeria, rice shipments are projected to cost $5 million a day, and the food item accounted for roughly 1.25% of the nation’s budget in that year. Since 2017, the situation has significantly improved, and the Nigerian government assures both rice growers and consumers of a fresh lease of life.
As of the day this page was created, these are the costs for the various rice products available in the nation. For updates on these prices and other commodity prices, you should keep visiting this page.