🇳🇬 FoodPrices.ng

Lekki-Jakande Undercuts Ajah on Rice in June With My Choice Bag N5,500 Cheaper

Analysis Consumer Cost of Living Data Grains Import Inflation Lagos Markets Rice
Lekki-Jakande Undercuts Ajah on Rice in June With My Choice Bag N5,500 Cheaper

With both Ajah Market and Lekki-Jakande Market captured in the week of June 1, their rice shelves can be compared directly. The widest gap is on My Choice short grain, where a 50kg bag cost N73,000 at Ajah against N67,500 at Lekki-Jakande, leaving Lekki-Jakande cheaper by N5,500. For a buyer loyal to that brand, the saving is large enough to shape where they shop.

On other grains the two markets ran close. A 50kg bag of short grain imported rice cost N60,000 at Ajah and N58,000 at Lekki-Jakande, a N2,000 difference, while a 50kg bag of Vitali long grain was identical at N65,000 in both markets. Because every figure comes from the same week, these are clean same-week market differences rather than movements over time, and they show two markets that price most rice within a narrow band but diverge on specific brands.

Lekki-Jakande also carried Royal Stallion at N60,000 for a 50kg bag and a debut range of Caprice rice in June, while Ajah carried premium Aani Golden Sella Basmati at N21,000 for 5kg. The brand mix differs, so a shopper chasing a specific grain may find only one market stocks it, which is its own reason to check both before buying.

The closeness on everyday rice fits the national picture of a market awash with cheaper grain. BusinessDay reported that paddy had slumped 51% from its 2025 peak under a surge of imports and a cut in the rice import duty to 47.5% from 70%. When imported grain is plentiful and cheap, markets tend to converge on price, which is roughly what the June readings show, with brand-level gaps like My Choice the main place to find a saving.

Compare the two markets side by side on the compare tool, or check live rice prices at Ajah Market and Lekki-Jakande Market.

Related Articles

Nigeria's Food Inflation Drops to 8.89% — First Single-Digit Reading in Over 14 Years as Staple Prices Crash

NBS data shows food inflation fell to 8.89% in January 2026, the lowest in 174 months. Month-on-month food prices deflated by 6.02%, driven by falling …

6mo ago

Nigeria Pushes Biofortified Crops to Tackle Malnutrition — Now Holds the World's Largest Portfolio

At a national workshop in Kano, the Federal Government reaffirmed its commitment to biofortified crops. Nigeria holds the world's largest portfolio including Vitamin A cassava, …

6mo ago

Agriculture Expert Warns Government Food Import Policy Could Hurt Local Farmers and Long-Term Food Security

Dr Fatai Afolabi warns that while food imports ease consumer prices short-term, they risk undermining Nigerian farmers if not paired with input subsidies and price …

6mo ago

NBS Data Shows Food Prices Declining Across Key Staples — Beans Down 43%, Garri Down 32%

The latest NBS Selected Food Prices Watch shows significant year-on-year declines in November 2025: brown beans fell 43.14%, white garri dropped 32%, and local rice …

6mo ago