Price Of Rice In Nigeria – How Much Is A Bag? (2020) – Food is a basic human need as we all know and different cultures and countries have various food that they eat which might not be known or popular among others.
Rice however is an exception, botanically known as Oryza sativa, it is a food that is quite well known and enjoyed by a lot of persons across the world. China is the world’s largest producer and consumer of rice as it is produces grossly 30% of the world’s rice.
Nevertheless the country is not a major exporter of rice and this comes as no surprise at all when you put into consideration their population of roughly N1.5billion people.
Some of the countries that export rice include Vietnam, India, United States with Thailand topping the list as Thailand alone exports 30% of the global rice export figures. It can be cooked in different ways and paired with various other food, stew and soups.
In Nigeria, rice is not just a popular food that can be eaten everyday but it is always a main food for parties, ceremonies and celebrations. In fact Nigeria consumes 7.9million tons of rice yearly and spends about $5million daily on rice importation.
The money spent on the importation of rice by the country is too much and does not say well for the country’s economy which is why the government is doing everything in their power to encourage agriculture, particularly the cultivation of rice so that we can produce enough rice to satisfy consumption and still export to other countries and since 2017.
There has been significant improvement regarding rice cultivation in the country and we believe that it can only get better.
The sale of rice in Nigeria is made easy by packaging the rice in sacks and these sacks come in various sizes with different price tags so it is just a matter of purchasing the one you can afford.
The sack used in packaging the rice for sale could be 50kgs, 25kgs, 10kgs, or 5kgs. Over the years, the price of rice in Nigeria has not been steady as some times it would be very high and some times it will be reduced.
These changes in price are as a result of various reasons such as the period you are making the purchase, it is a well-known fact that during festivities, the price of rice becomes high.
Exchange rates also influence changes in the price of rice but that was when the country was still highly dependent on imported rice.
Factors such as the type of rice, color, quality, the brand you are going for and even the location that you are making the purchase from are all factors that can make same bags of rice to be priced differently.
See – Rice Depot In Lagos
At a certain period, particularly between 2016 and 2017, a 50kg bag of rice was sold for as high as 30,000 naira. That is no more the case and is not what is obtainable today and this is a direct positive effect of the ban on the importation of rice by the federal government.
Various programs such as the anchor borrower program was also launched to improve rice farming in different states in the federation and this has led the price of rice to become more affordable.
Nevertheless, the price is still not as low as Nigerians would want it to be and considering how much rice is consumed in the country on a daily basis, the price of rice should still be way cheaper.
We are going to move into the price of rice in Nigeria proper. The first category we will be discussing is the unbranded rice and the price at which they can be gotten for in different locations across Nigeria
Price of Rice in Nigeria – How Much is a Bag? (2020)
- 50kg Bag of Rice at Mile 12 Market, Lagos can be purchased for 14,300 naira
- 1 Paint Bucket of Rice at Mile 12 Market is priced at 1,200 naira
- 50kg Bag of Rice at Bodija Market, Ibadan is sold for 13,500 naira
- 1 Congo of Rice at Bodija Market, Ibadan is sold for 500 naira
- 50kg Bag of Rice at Nkwo Nnewi Market, Anambra is sold for 19,000 naira
- 1 Paint Bucket of Rice at Nkwo Nnewi Market can be purchased at 1,900 naira
- 50kg Bag of Rice at Dawanau Market, Kano is priced at 14,850 naira
- 1 Tier of Rice at Dawanau Market, Kano goes for 980 naira
- 50kg Bag of Rice at Gombe Market, Gombe can be bought at 16,600 naira
- 1 Mudu of Rice at Gombe Market, Gombe is purchased at 500 naira
- 50kg Bag of Rice at Igbudu Market, Delta is sold for 20,300 naira
- 1 Paint Bucket of Rice at Igbudu Market goes for 1,800 naira
- 50kg Bag of Rice at Mangu Market, Plateau is priced at 18,000 naira
- 1 Mudu of Rice at Mangu Market, Plateau can be gotten at 600 naira
- 50kg Bag of Rice at Tella Market, Taraba is priced at 13,000 naira
- 1 Mudu of Rice at Tella Market, Taraba can be gotten 400 naira
- 50kg Bag of Rice at Umuahia Main Market, Abia is sold for 20,000 naira
- 1 Paint Bucket of Rice at Umuahia Main Market is priced at is 1,650 naira
The rice price list given above is for unbranded rice in normal sacks, this does not in any way mean that it is of low or inferior quality.
It is so simply because the local farmers did not see the need or considered it too much fuss to brand their rice. Now that that has been cleared lets discuss the different branded rice that flooded the market.
They could be seen everywhere before until the federal government put policies and programs in place to ensure that we grew and consumed our own rice, this really paid off as the amount of rice produced by Nigerians has really increased significantly over the years.
Some of these brands of rice we are talking about include: Mama Gold, Stallion, Caprice, Rice Master, Royal Stallion, amongst others. We will be giving the price of these brands but bear it in mind that there are bound to be some variations and differences based on the location that you are making your purchase from.
See – Rice Depot In Abuja
Mama Gold rice is a well-known brand of Thai rice in Nigeria and the reasons for this are not farfetched. It has low starch content, it is parboiled and very easy to cook. It comes in various sizes and they have different price tags.
The 50kg bag of Mama Gold rice is sold for about 16,000 naira to 17,000 naira, the 25kg bag for 7,500 naira to 8,500 naira and the 10kg for 3,000 naira to 3,500 naira.
No doubt you’ve heard about the Stallion Group of Companies, they deal in a lot of products comprising of various food items, automobile, and household items. They are the ones responsible for the popular Royal Stallion rice you are very much aware of. It is well known not just in Nigeria but abroad and their brand is comprised with rice from notable countries such as Thailand, Vietnam, India, Brazil and the United States of America. Just like the previously mentioned brand its packaging comes in different bags with different prices. The 50kg bag of the Royal Stallion rice goes for about 15,500 naira to 16,500 naira, the 25kg bag goes for about 8,000 naira to 8,500 naira and the 10kg Rice for about 3,000 naira to 4,000 naira. The Royal Stallion Rice is well sought after because it is a very high quality rice that you are bound to enjoy.
Rice Master Rice is also another popular brand of rice known for its quality in the Nigerian market. It is already parboiled hence it is easy to cook. It can be seen in various locations and markets across the country. The 50kg bag of Rice Master can be gotten within the range of 16,000 naira to 17,000 naira while the 25kg bag can be gotten within the range of 8,000 naira to 8,500 naira.
Caprice is in fact a household name and well known by many in the country. It has stayed strong in the Nigerian market for a very long time and always delivers, never disappointing. The 50kg bag of Caprice can be purchased for about 15,000 naira to 16,000 naira while the 25kg bag can be purchased for about 7,500 naira to 8,000 naira.
Prices of Other Types Of Rice in Nigeria
Did we mention that there are different types of rice? well there are different types of rice with different characteristics and we will discuss a few of them.
The first that we’ll be discussing is the Falcon Rice. This type can be distinguished by its look as it is a long and whole grain rice majorly produced in the United States. Although it is not that well known like other types of rice in the country it is actually gaining popularity particularly among Nigerians that have come across it in the USA and in other places where it is popular. 25kg of the Falcon rice can be gotten within the range of 8,000 to 9,000 naira.
The next we’ll be looking at is the Basmati Rice. A lot of persons believe that it is low in sugar, and it is highly recommended for people who are trying to lose weight. This type of rice is readily available in many supermarkets in various supermarkets in the country. 5kg of the Basmati rice goes for about 3,800 naira to 4,200 naira.
Moving on to the almighty Ofada Rice. It got its name from the Ofada town in Ogun state where it is well cultivated. This type of rice is cultivated not just in the Ofada town but in other parts of the country, it is very nutritious and well beloved by many for its wonderful taste that most times it is regarded as a luxury dish and is served in top restaurants and eateries in the country as much as it can be gotten from the bukka. 5kg of the Ofada rice can be purchased within the range of 2,000 naira to 2,500 naira.
How many kg is a bag of rice in Nigeria
Full bag of rice is 50kg, however you can get a 5kg pack. It all depends on your preference and pocket. You can also get bags of rice at 10 kg, 25kg and 30kg.
How many milk cups are in a paint bucket of rice
44 milk cups
How many dericas are in a paint bucket of rice
5 dericas make up one paint bucket
How many derica in a bag of rice
There are 64 dericas in 50 kg bag of rice, 32 dericas in half bag of rice
How many grains of rice are in a 1kg bag of rice?
There are 50,000 grains in a one kg bag of rice
What is a mudu of rice
One mudu is 1.3kg
Note – Derica is the big tomato cup weighing 800grams
That is all on “Price Of Rice In Nigeria – How Much Is A Bag? (2020)”
Also see – Rice Depot In Nigeria