Rice
Latest news and analysis about Rice from FoodPrices.ng.
Did Nigeria's Local Rice Policy Work?
Imported rice cost 6% more than local rice in 2015. By 2026 it cost 62% more, and in dollars local rice fell 29% while imported …
Nigeria's Food Prices Rose 907% in Naira but Fell in Dollars
World Food Programme data for 2015 to 2026 shows yam up 907% in naira but just 45% in dollars, and for eight of thirteen staples …
Nigeria Pushes to Fortify Every Staple
Nigeria is stepping up a drive to add vitamins and minerals to the foods people already buy. Officials and industry are targeting up to 100% …
Rice Rises In Derica, Falls In Bag
Imported rice rose 3.3% at derica scale in Lagos in the week to 14 August 2026 while the same rice fell at bag scale, with …
A $12bn Food Merger Reshapes West Africa
Two agribusiness heavyweights, Singapore's Wilmar and Nigeria's TGI Group, are merging their Nigerian and Beninese food operations into a 50:50 venture addressing a market worth …
Saudi Arabia Buys Control of Olam Agri
A Saudi sovereign wealth arm, SALIC, has taken an 80% controlling stake in Olam Agri for $1.88bn, gaining a major player in Nigeria's rice, wheat, …
Lagos Food Prices This Week: Imported Rice Falls as Tariff Cut Bites, While Local Staples Climb
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows a basket splitting along import lines. Every imported rice format fell in the …
Lagos Food Prices This Week: Tariff Cut and Stronger Naira Pull Rice Down as Fuel Hike Lifts Garri
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows a food basket split cleanly by how goods reach the city. Imported rice …
USDA Flags a Nigerian Grain Squeeze
A fresh United States Department of Agriculture outlook sees Nigeria's corn crop shrinking about 5% in 2026-27 as costs bite, while roughly 60% of the …
Imported Rice (Long Grain, 25kg Bag) Falls 3.8% in Lagos After July Tariff Cut
A 25kg bag of Imported Rice (Long Grain) recorded a mean price decline of 3.8% in this week's Ministry market survey, three weeks after Nigeria …
Nigeria Moves to Protect the Ofada Name
Ofada rice, the aromatic unpolished grain grown around a single Ogun town, is at the centre of a push to give Nigerian foods legal Geographical …
Imported Rice (Long Grain, 25kg Bag) Falls 3.8% in Lagos as Tariff Cut and Stable Naira Feed Through
A 25kg bag of Imported Rice (Long Grain) recorded a mean price decline of 3.8% in this week's Ministry market survey, as a July import …
Lagos Food Prices Split as Fuel Costs Jump and Naira Holds: Yam Falls 9.6%, Garri Climbs 4.2%
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows a food basket pulling apart along a clear line. Imported rice fell in …
Kano Gains a 400-Tonne Rice Mill
A logistics company has turned miller, commissioning a 400-tonne-a-day rice plant in Kano along with a sack factory, both run on off-grid power. BlackHorse Holdings …
Fuel Up, Naira Up: Why Lagos Rice Fell and Garri Rose in the Same Week
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows yam leading the week's declines with a 9.6% drop while garri posted the …
Lagos Food Prices This Week: Yam Falls 9.6% as Rice Slides, Garri Climbs and Petrol Hits ₦1,400
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows yam leading the week's declines with a 9.6% drop in its mean price, …
Lagos Food Prices This Week: Yam Falls 9.6% as a Stronger Naira Pushes Rice Down and Garri Climbs
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows yam leading the week's declines with a 9.6% drop in its mean price, …
The Cheapest Paint of Rice in Lagos Just Got Dearer: Short Grain Hits ₦4,839
Imported Rice (Short Grain) is the cheapest paint measure of rice in Lagos at ₦4,839, and it rose 2.2% this week. Agbalata Market alone quotes …
Short Grain Rice Is the Cheapest Paint of Rice in Lagos, and the Mainland Sets the Entire Range
Imported Rice (Short Grain) averages ₦4,839 per paint this week, undercutting both local and long grain rice at the same measure. The island premium is …
A 50kg Bag of Rice Now Costs Three Quarters of a Month's Minimum Wage in Lagos
Imported short grain rice averages ₦53,100 for a 50kg bag this week, equal to 75.9% of the ₦70,000 monthly minimum wage. The price is falling, …