Foreign Rice price in Nigeria today
Foreign Rice costs a median of ₦68,000 per 50kg bag across 13 Nigerian markets as of 7 October 2026. Prices range from ₦48,500 at Ifo Market to ₦110,000 at Effurun Market.
Median price · Nigeria
₦68,000per 50kg bag
Stableover 90 days
- Lowest
- ₦48,500 Ifo Market
- Typical range
- ₦63,000 – ₦70,000 middle 50% of markets
- Highest
- ₦110,000 Effurun Market
- Markets covered
- 13 mean ₦68,962
Latest insights
Foreign Rice prices by market
| Market | State | Price per 50kg bag | vs cheapest | Insight date |
|---|---|---|---|---|
| Ifo Market | Ogun | ₦48,500 | cheapest | |
| Mile 12 Market | Lagos | ₦54,000 | +11.3% | |
| Mushin Market | Lagos | ₦60,000 | +23.7% | |
| Dawanau Int. Market Yan Baka Market | Kano | ₦63,000 | +29.9% | |
| Ajah Market | Lagos | ₦65,000 | +34% | |
| Ogbogonogo Market | Delta | ₦65,000 | +34% | |
| Ikare Market | Ondo | ₦68,000 | +40.2% | |
| Gariki Market | Enugu | ₦70,000 | +44.3% | |
| Jimeta Modern Market | Adamawa | ₦70,000 | +44.3% | |
| Century Market | Lagos | ₦70,000 | +44.3% | |
| Lugbe Market | Abuja | ₦75,000 | +54.6% | |
| Ahia Ohru New Market | Abia | ₦78,000 | +60.8% | |
| Effurun Market | Delta | ₦110,000 | +126.8% |
Price history — last 90 days
Median price moved from ₦70,000 per 50kg bag in 13 Jul 2026 to ₦70,000 in 5 Oct 2026.
View the weekly figures
| Week of | Median | Lowest | Highest | Observations |
|---|---|---|---|---|
| ₦70,000 | ₦50,000 | ₦110,000 | 23 | |
| ₦70,000 | ₦50,000 | ₦110,000 | 26 | |
| ₦68,750 | ₦50,000 | ₦110,000 | 26 | |
| ₦66,500 | ₦50,000 | ₦110,000 | 18 | |
| ₦67,500 | ₦50,000 | ₦110,000 | 28 | |
| ₦65,000 | ₦50,000 | ₦110,000 | 27 | |
| ₦67,000 | ₦50,000 | ₦110,000 | 24 | |
| ₦68,000 | ₦50,000 | ₦110,000 | 19 | |
| ₦68,000 | ₦48,500 | ₦110,000 | 25 | |
| ₦67,500 | ₦48,500 | ₦110,000 | 24 | |
| ₦70,000 | ₦48,500 | ₦110,000 | 22 | |
| ₦70,000 | ₦48,500 | ₦110,000 | 21 | |
| ₦70,000 | ₦48,500 | ₦110,000 | 14 |
Understanding Foreign Rice prices in Nigeria
Why Foreign Rice prices vary so much
Foreign Rice costs 127% more at Effurun Market (₦110,000) than at Ifo Market (₦48,500) — a difference of ₦61,500 per 50kg bag for the same item.
Most of that gap is transport and distance from where the item is produced or landed. Market size matters too: high-turnover markets buy in larger volumes and sell on thinner margins, while smaller neighbourhood markets carry the cost of a shorter supply chain. Whether a market is primarily wholesale or retail can account for much of the rest.
Which unit is Foreign Rice sold in?
Markets report Foreign Rice in 50kg bag, painter, mudu, derica. We never average across units — a price per 50kg bag and a price per painter are different figures, and treating them as one number produces something meaningless. Compare like with like, and check the unit before assuming one market is cheaper than another.
Where can you buy Foreign Rice cheapest?
The lowest recorded price is ₦48,500 per 50kg bag at Ifo Market in Ogun. We currently track Foreign Rice across 9 states, with the widest coverage in Lagos, Delta, Ondo. Prices below are the most recent insight from each market — always confirm before travelling for a difference that transport would cancel out.
All figures are medians of prices recorded in Nigerian markets, published in Naira.
Foreign Rice price by unit
per 50kg bag
₦68,000
₦48,500 – ₦110,000 · 13 markets
per painter
₦6,500
₦3,500 – ₦10,000 · 9 markets
per mudu
₦2,500
₦2,200 – ₦3,600 · 3 markets
per derica
₦1,100
₦1,100 – ₦1,100 · 1 markets
Foreign Rice prices by state
Prices vary considerably by state, mostly with distance from producing regions and transport costs.
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