Rice is a popular food throughout the globe. The majority of people and cultures all over the world consume rice as a daily, everyday type of food. The cereal grains and is harvested as a seed from the grass species named Oryza sativa. In Nigeria, rice is not only a meal for the day that is available at any time and anywhere. It is also a food for ceremonies that is a regular part of celebrations and parties that include weddings, birthdays ceremonies of naming, weddings, and funerals. But how much is the cost of a packet of rice in Nigeria?
The ways rice is cooked in Nigeria include Jollof white rice, Jollof frittered rice, Banga rice, coconut rice, and many more. Rice is packed into bags of various sizes, which comprise 50kgs, 25kgs, 10kgs, and even 5kgs. Prices vary and depend on the type of brand, color, and product quality. As long as we can remember, in the past, the cost of rice sold in Nigeria has fluctuated. It could be seasonal or a result of the exchange rate (at the time, Nigeria was the largest rice exporter). The situation is different now, but rice is not as inexpensive as Nigerians wish they would like it.
Due to the present restriction on rice imports from Nigeria, along with the rapid expansion of the rice industry in states such as Kebbi, the Price of rice has been made affordable. Still, Nigerians continue to wonder why rice isn’t as cheap as a simple meal could be. What is the actual situation for the rice industry in Nigeria? What is the cost? First, let’s take a perspective on the current global situation.
What is the Price of rice per bag in Nigeria in 2022
The Price of rice in Nigeria per bag is contingent on various market variables. Rice is not a fixed price that is the same for all brands, as every rice brand comes with an individual price tag based on the quantity.
What is the cost of a package of rice for Nigeria in 2022? The Price of a bag of rice within Nigeria can cost anything from Third-Two Thousand Nigeria (N32,000) to fifty thousand Naira (N50,000) for domestic and foreign rice. C
However, to use it, we must divide the cost by brand and size per bag (2kg, 5kg, 10kg and 15kg, 20kg, 25kg, and 50kg), analyzed in the following.
Below is a broken down of the current Price of rice in 50kg bags based on the brand in Nigeria.
50kg Bag Price in Nigeria
|Rice from CAP||NGN33,000 – NGN37,000|
|Labana Rice||NGN37,000 – NGN39,000|
|Destoned Ofada Rice||NGN32,000 – NGN42,000|
|Ebonyi Special Rice||NGN30,000 – NGN35,500|
|Mafa Rice||NGN34,000 – NGN35,000|
|Vitali||NGN37,500 – NGN38,000|
|Ideal Parboiled Rice||NGN34,000 – NGN35,000|
|Mama’s Pride Rice||NGN32,500 – NGN37,000|
|Mama’s Choice||NGN32,500 – NGN35,500|
|Mama’s Pride (Premium Parboiled) Rice||NGN37,400 – NGN38,500|
|Gerawa Rice||NGN34,500 – NGN37,500|
|Mango Rice||NGN36,500 – NGN37,500|
|Big Bull Stone Rice||NGN37,500 – NGN39,000|
|Siamese||NGN38,500 – NGN39,500|
|HAB Pure Parboiled Rice||NGN32,000 – NGN39,000|
|Royal Stallion Rice||NGN32,000 – NGN38,000|
|Mama Gold Rice||NGN37,500 – NGN39,000|
How much is 25kg of rice Price in Nigeria?
As detailed below, the Price of 25kg of foreign locally grown rice in Nigeria can range from N15,500 to N25,000.
25kg Price in Nigeria
|Royal Stallion||NGN23,980 to NGN27,000|
|The Mama’s Pride premium parboiled rice||NGN19,200 to NGN27,500|
|Bull Premium Rice Big Bull Premium Rice||NGN23,500 to NGN28,000.|
How much is a 2kg,5kg 10, 10kg, and 20kg Bag of rice In Nigeria?
Below is the summarised cost for rice from Nigeria in 2022, per 1kg 2, 5kg, 10kg, 20kg, and so on. Find out more prices below.
|Royal Stallion||10kg||NGN10,500 to NGN15,000.|
|Royal Stallion Rice||5kg||N3,800 to N5,500|
|Mama’s Pride Rice Parboiled||5kg||N25,000 to N27,500|
|Cap Rice||10kg||N7,000 to N17,500|
|Mama’s Pride Rice Parboiled||10kg||N4,900 to N8,000|
|Arike Ofada Rice||5kg||N5,500 to N6,500|
|Aani Premium Basmati Rice||10kg||N12,500 to N15,500|
|Lal Qilla Basmati Rice||5kg||N1400 to N16500|
|Mama Gold Semolina||10kg||N4500 to N8500|
|Laila Brown Basmati Rice||2kg||N5500 to N7000|
|Perchams Organic Brown Rice||5kg||N4500 to N6500|
|Extra Coarse Bulgur Rice||1000g X2||N3000 to N6500|
|Maharani Indian Basmati Rice||5kg||N6900 to N8000|
|Tropical Sun Natural Brown Basmati Rice||2kg||N3000 to N5500|
|Nu’eden Ofada Rice||2kg||N2300 to N3500|
|Local Ofada Rice||5kg||N5000 to N10000|
Where can I buy cheap rice in Nigeria in 2022?
Based on the above price analysis, it is clear that local rice is more affordable than rice from abroad (imported rice). Rice imported from abroad is expensive because of the shipping charges charged during the importation.
If you are looking to purchase rice at a low cost, then look to local stores for your rice. Local rice stores are excellent places to go for meals and buy rice directly from farmers.
A few of the most reputable states and towns to purchase local rice at a reasonable price from Nigeria directly from farmers include:
- Abakaliki, Ebonyi State.
- Patigi, Kwara State
- Kebbi State
- Benue State
- Ondo State
- Niger State
- Kaduna State
- Kano State
- Ekiti State
- Jigawa State
- Rivers State
- Ogun State
- Cross River State
- Akwa Ibom State
However, if you plan to buy rice from a foreign country, buy directly from wholesalers, dealers, or online retailers such as Jumia, Jiji, and other stores.
Rice Market Price in Nigeria 2022
It is generally known that rice is among the food items consumed most in Nigeria, following beans, garri, and other things.
Because of the high rate of consumption of rice as well as the greater need for rice products in Nigeria, the cost of rice always remains higher.
The Price of rice in the Nigerian market for rice is mainly contingent on the brand, the quantity economics, the season, and the brand.
The cost of rice in Nigeria tends to be higher during festive seasons like the Christmas/end-of-the-year celebrations.
What is the cost of rice within Nigeria? The wholesale Price of rice can vary from Thirty-Five thousand Naira NGN35,000 to Forty-Five thousand Naira NGN45,000 for a 50kg bag.
The Price of Basmati Rice in Nigeria
Basmati Rice is a different brand quickly increasing in popularity. It is said to be low in sugar and is, thus, preferred for many overweight women and possibly even men. Basmati rice is available in different packs and is sold in many supermarkets across the United States.
- Pricing (5kg) between N8,000 and N15,000
The Price of Ofada Rice in Nigeria
It has named in honor of Ofada town, located in Ogun state. Nigerian brown rice is an extremely popular rice variety in the region and other nations. It’s remarkable because rice is often regarded as a premium commodity being sold in restaurants of choice and bars across the country.
- Ofada rice (1kg) == N2,550 – N4,000
- Ofada rice (5kg) == N8,000 – N11,000
Price of Caprice for Nigeria
Caprice is another well-known brand in Nigeria. In actuality, the one brand is likely to be seen everywhere you look around the country. Alongside Mama Gold and Stallion, it’s among the top-adored brand of rice in this country. It has been among the minor expensive brands for a while. Let’s find out how much this rice is selling in Nigeria. Nigerian market.
- Caprice 50kg rice – N37,500 to N45,000
- Caprice 25kg of Rice – N17,000 to N25,800
Price of other Rice Brands in Nigeria
Falcon RiceThis rice is medium long, long, and complete grain rice grown in the United States. It’s not a frequently consumed species, but it is growing in popularity, particularly among Nigerians with a period of living in the USA and other countries.
- Cost (25kg) from N15,000 to N20,000
The Global Rice Market
The largest rice producer is China. It has a populace of N1.5 billion it is easy to imagine what the market is similar to. It is interesting to note that China isn’t the biggest producer of rice. Although it produces around 30 percent of all rice consumed worldwide, it’s not recognized as a significant exporter. It is also the most extensive rice buyer.
The most prominent exporter of in the world of rice happens to be Thailand. It is among the world’s top six rice producers. It exports 30% of all global export figures and is ahead of Vietnam, India, and the United States. Nigeria is not even close to any of these indicators at the moment. However, the nation is one of the biggest consumers of rice. According to figures from the Rice Farmers Association of Nigeria (RIFAN), the rice consumption of Nigeria is currently at 7.9 million tons, and Nigeria’s production is around 5.8 million tons of it annually.
The numbers are alarming. From 2011 to 2015, the country imported over 17 million tonnes of rice. In 2016 alone, 2.3million tons were imported to help supplement the 5.2 million tonnes consumed during this year. The estimated amount is $5 million allocated to daily rice deliveries in Nigeria, and the product was responsible for around 1.25 percent of the country’s 2017 budget. This situation has been improving since the year 2017 as well. The Nigerian government promises a new future for rice farmers and consumers.
When the article was published, these were the Price of the various rice products in Nigeria. It is recommended to keep reading this site for updates on these prices and the prices of other items in Nigeria.