Rice prices rose sharply in Lagos in the week of 30 October 2026, reversing months of gradual decline. FoodPrices Nigeria data from the Lagos State Ministry of Agriculture and Food Systems market survey shows the derica of imported long-grain rice rose from ₦875 to ₦1,100 across 8 markets, a 25.7% increase on the week of 23 October. Nigerian Manufactured Rice rose 23.7% from ₦808 to ₦1,000 a derica across 6 markets, and imported short-grain rose 13.8% from ₦806 to ₦917 across 9 markets.
A Year's Fall, Mostly Undone
The local rice derica averaged ₦1,075 in January and had fallen to ₦808 by late October. This week's rise to ₦1,000 recovers 71.88% of that fall in a single survey. The long-grain derica, which had fallen from ₦1,117 in January to ₦875, has recovered 93.10% of its decline.
The paints rose too. Imported long-grain rose 17.1% from ₦4,388 to ₦5,138 a paint, Nigerian Manufactured Rice 8.9% from ₦4,317 to ₦4,700, and imported short-grain 1.8% from ₦4,244 to ₦4,322. By the 50kg bag, imported long-grain rose 11.2% from ₦53,375 to ₦59,375 and Nigerian Manufactured Rice 3.9% from ₦51,286 to ₦53,286. Imported short-grain was the only bag to ease, down 0.8% to ₦50,400.
Where the Rise Is Concentrated
The top of the market moved hardest. Ajah Market is now the dearest market for all three dericas, at ₦1,400 for short-grain, ₦1,500 for local and ₦1,650 for long-grain. A week earlier, Ajah sold the cheapest long-grain derica in Lagos at ₦800, so its price has risen 106.25%. Ajah's increase accounts for 47.22% of the combined rise in the long-grain derica across the 8 markets, so the other seven markets supplied the rest. Agege Market is the dearest for long-grain by the paint at ₦6,500 and by the 50kg bag at ₦73,000. Oyingbo Market is the dearest for Nigerian Manufactured Rice by the paint at ₦6,000 and the 50kg bag at ₦60,000.
The cheap end barely moved. Mile 12 Market sells the cheapest local derica at ₦800 and long-grain derica at ₦850, and Epe Main Market the cheapest short-grain derica at ₦750. Agege still offers the cheapest 50kg bag of local rice at ₦48,000, and Agbalata Market the cheapest long-grain bag at ₦52,000.
For a household buying two derica of local rice a day, the week's rise adds about ₦383 a day, or roughly ₦11,500 over 30 days. A restaurant buying four 50kg bags of long-grain rice a month pays ₦24,000 more at the new mean.
Not Yet Confirmed Elsewhere
No other survey has yet recorded this jump. Legit.ng reported on 2 November that rice prices in Lagos were stable through the fourth week of October, with the derica of Nigerian manufactured rice at ₦808.33 and the 50kg bag of imported long-grain at ₦53,375. Those figures match the FoodPrices Nigeria means for 23 October, the week before this rise. The Nairametrics Food Price Watch also recorded a 50kg bag of Royal Stallion short-grain rice down 2.04% to ₦48,000 in October, in line with the slight fall in the short-grain bag this week. The 25kg bags are left out of this report because Agbalata Market's ₦16,000 readings for both imported types are below half its own 50kg price and are being checked. FoodPrices Nigeria will confirm whether the derica jump holds in the next weekly survey.
Live prices: foodprices.ng/real-time-prices/?brand_name=Nigerian+Manufactured+Rice