The Current Price of Rice – How Much Is a Bag of Rice In Nigeria?

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How much is a bag of rice in Nigeria? This article answers all your questions on the  bag of rice price in Nigeria whether foreign or local rice.

Rice(Oryza Sativa) is a popular modern food among Nigerians and the whole world at large. About 7.9 million tons of rice is consumed by Nigerians yearly. No wonder the Federal Government clamored for indigenous production of rice while banning its importation.

Read Also: Classes of Food and Their Functions in Human Bodies

Now that we understand how large the rice market is, let’s get down to the bag of rice price in Nigeria.

The bag of rice price in Nigeria depends on many factors including;

  • Period – whether festive or normal period. No need to emphasize again that most celebrations or parties’ food is rice.
  • Foreign Exchange rate – this affects all goods including rice.
  • Brands to determine quality and type you want
  • Lastly your location and bargaining skills.

Below is the list of the bag of rice price of different brands available in Nigeria.

Price of Rice in Some Famous Nigerian Market

Price of bag of rice in Lagos(Mile 12 Market) – Foreign rice

  • 50kg bag is N28,000
  • 1 Paint Bucket is N2,400

Price of bag rice in Ibadan(Bodija Market) – Foreign

  • 50kg bag is N28,500
  • 1 congo is N1,200

 Bag of rice price in Kano (Dawanu Market) – Foreign

  • 50kg bag is N27,850
  • 1 tier is 900

 Bag of rice price in Gombe (Gombe Market) – Foreign

  • 50kg is N28,600
  • 1 congo is N1,200

Bag of Rice Price in Benue (Gboko Main Market)

  • 50kg is N17,500 (local)
  • 1 Mudu of Rice is N1,500 (local)

Note: The above-listed current price of a bag of rice in the Lagos market and other places may be cheaper or higher than what it is written above. We compiled this based on the available information at our disposal.

Bag of Rice Price in Nigeria For Various Brands

In Nigeria, there are majorly two types of Rice; the branded one(mostly referred to as the foreign rice) and the local one. Whether branded or unbranded, below is a list of the different brands of rice prices.

Mama Gold

Mama Gold is one of the popular branded rice in Nigeria. The rice is produced by a company in Thailand with a low starch content and easy to cook(Parboiled) rice. Below is the bag of rice price of Mama Gold in the market.

  • 50kg Bag of Rice Price of Mama Gold ranges from N29,000 to N30,000
  • 25kg Bag of Rice Price of Mama Gold ranges from N15,000 to N20,000
  • 10kg Bag of Rice Price of Mama Gold ranges from N8,500 to N10,500

Royal Stallion

Royal Stallion is another foreign rice produced by the Stallion group of companies; an international brand known both in Nigeria and outside.

Rice produced by this brand is sourced from different countries including Thailand, America, Brazil, India, and so on. Royal Stallion bags of rice are known for their high quality. Check out the Royal Stallion latest bag of rice price in Nigeria.

  • 50kg Bag of Rice Price of Royal Stallion ranges from N29,000 to N30,000
  • 25kg Bag of Rice Price of Royal Stallion ranges from N15,000 to N20,000
  • 10kg Bag of Rice Price of Royal Stallion ranges from N8,500 to N10,500

Rice Master

This is another quality bag of rice available in the market. It’s also easy to cook and parboiled like others. The bag of rice price of Rice master includes

  • 50kg Bag of Rice Price of Rice Master ranges from N29,000 to N30,000
  • 25kg Bag of Rice Price of Rice Master ranges from N15,000 to N20,000

Caprice

Is another household name of a rice brand in Nigeria. Check out what a bag of rice price in Nigeria cost for the Caprice brand below

  • 50kg Bag of Rice Price of Caprice ranges from N29,000 to N30,000
  • 25kg Bag of Rice Price of Caprice ranges from N15,000 to N20,000

Read Also: The Current Price of Goats in Nigeria, 2020

Falcon Rice

Falcon rice is quite easy to identify among many other brands in the market. It’s usually longer than others and made of whole grain. It’s produced in the US and not quite popular as other but of high quality. The price of a 25kg bag of rice for Falcon rice is between N15,000 to N20,000.

Basmati Rice

Basmati Rice is quite common among Nigerians especially among women watching their weights. As it is believed to be suitable for weight loss because of its low sugary content. The 5kg bag of rice price for Basmati is between N8,500 to N10, 500.

Ofada Rice

Ofada rice is indigenous rice that can be traced back to Ogun State where it was named Ofada. Mostly, Ofada rice is eaten by many average Nigerians because of its nutritious, delicious, and heavenly taste.

It’s produced largely by many states and towns in Nigeria, hence, it is commonly cooked even by eateries and restaurants. 5kg bag of rice price for Ofada is between N8,500 to N10,500.

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