Nigerian Rice price in Lagos today
Nigerian Rice costs a median of ₦5,000 per painter across 3 markets in Lagos State as of 18 September 2026. Prices range from ₦4,000 at Mile 12 Market to ₦5,000 at Mushin Market.
Median price · Lagos State
₦5,000per painter
Stableover 90 days
- Lowest
- ₦4,000 Mile 12 Market
- Typical range
- ₦4,500 – ₦5,000 middle 50% of markets
- Highest
- ₦5,000 Mushin Market
- Markets covered
- 3 mean ₦4,667
Latest insights
Nigerian Rice prices at Lagos markets
| Market | State | Price per painter | vs cheapest | Insight date |
|---|---|---|---|---|
| Mile 12 Market | Lagos | ₦4,000 | cheapest | |
| Mushin Market | Lagos | ₦5,000 | +25% | |
| Ajah Market | Lagos | ₦5,000 | +25% |
Price history — last 90 days
Median price moved from ₦5,000 per painter in 26 Jun 2026 to ₦5,000 in 14 Sept 2026.
View the weekly figures
| Week of | Median | Lowest | Highest | Observations |
|---|---|---|---|---|
| ₦5,000 | ₦5,000 | ₦5,000 | 1 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 3 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 3 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 3 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 3 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 2 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 3 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 3 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 3 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 3 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 3 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 3 | |
| ₦5,000 | ₦5,000 | ₦5,000 | 3 |
Understanding Nigerian Rice prices in Lagos State
Why Nigerian Rice prices vary so much
Nigerian Rice costs 25% more at Mushin Market (₦5,000) than at Mile 12 Market (₦4,000) — a difference of ₦1,000 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 Nigerian Rice sold in?
Markets report Nigerian Rice in painter, 50kg bag, 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.
