Foreign Rice price in Lagos today
Foreign Rice costs a median of ₦6,500 per painter across 3 markets in Lagos State as of 30 October 2026. Prices range from ₦5,500 at Century Market to ₦6,800 at Mushin Market.
Median price · Lagos State
₦6,500per painter
Stableover 90 days
- Lowest
- ₦5,500 Century Market
- Typical range
- ₦6,000 – ₦6,650 middle 50% of markets
- Highest
- ₦6,800 Mushin Market
- Markets covered
- 3 mean ₦6,267
Latest insights
Foreign Rice prices at Lagos markets
| Market | State | Price per painter | vs cheapest | Insight date |
|---|---|---|---|---|
| Century Market | Lagos | ₦5,500 | cheapest | |
| Ajah Market | Lagos | ₦6,500 | +18.2% | |
| Mushin Market | Lagos | ₦6,800 | +23.6% |
Price history — last 90 days
Median price moved from ₦6,000 per painter in 10 Aug 2026 to ₦6,000 in 28 Oct 2026.
View the weekly figures
| Week of | Median | Lowest | Highest | Observations |
|---|---|---|---|---|
| ₦6,000 | ₦6,000 | ₦6,500 | 3 | |
| ₦5,500 | ₦5,500 | ₦5,500 | 3 | |
| ₦6,000 | ₦5,500 | ₦6,000 | 6 | |
| ₦6,000 | ₦6,000 | ₦6,000 | 6 | |
| ₦6,250 | ₦5,800 | ₦6,500 | 6 | |
| ₦6,250 | ₦5,800 | ₦6,500 | 6 | |
| ₦6,000 | ₦5,800 | ₦6,500 | 5 | |
| ₦6,000 | ₦6,000 | ₦6,500 | 8 | |
| ₦6,000 | ₦5,600 | ₦6,500 | 8 | |
| ₦5,850 | ₦5,500 | ₦6,500 | 8 | |
| ₦6,500 | ₦5,500 | ₦6,800 | 9 | |
| ₦6,000 | ₦5,500 | ₦6,500 | 4 |
Understanding Foreign Rice prices in Lagos State
Why Foreign Rice prices vary so much
Foreign Rice costs 24% more at Mushin Market (₦6,800) than at Century Market (₦5,500) — a difference of ₦1,300 per painter 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 painter, 50kg bag, derica, 100kg bag. We never average across units — a price per painter and a price per 50kg bag 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.
All figures are medians of prices recorded in Nigerian markets, published in Naira.