Nigerian Rice price in Ogun today
Nigerian Rice costs a median of ₦54,000 per 50kg bag across 1 market in Ogun State as of 18 September 2026. The price has fallen 3.6% over the past 90 days.
Median price · Ogun State
₦54,000per 50kg bag
-3.6%over 90 days
- Lowest
- ₦54,000 Ifo Market
- Typical range
- ₦54,000 – ₦54,000 middle 50% of markets
- Highest
- ₦54,000 Ifo Market
- Markets covered
- 1 mean ₦54,000
Latest insights
Nigerian Rice prices at Ogun markets
| Market | State | Price per 50kg bag | vs cheapest | Insight date |
|---|---|---|---|---|
| Ifo Market | Ogun | ₦54,000 | cheapest |
Price history — last 90 days
Median price moved from ₦56,000 per 50kg bag in 26 Jun 2026 to ₦54,000 in 14 Sept 2026.
View the weekly figures
| Week of | Median | Lowest | Highest | Observations |
|---|---|---|---|---|
| ₦56,000 | ₦56,000 | ₦56,000 | 1 | |
| ₦56,000 | ₦56,000 | ₦56,000 | 2 | |
| ₦55,000 | ₦55,000 | ₦55,000 | 3 | |
| ₦55,000 | ₦55,000 | ₦55,000 | 3 | |
| ₦55,000 | ₦55,000 | ₦55,000 | 3 | |
| ₦55,000 | ₦55,000 | ₦55,000 | 3 | |
| ₦55,000 | ₦55,000 | ₦55,000 | 3 | |
| ₦55,000 | ₦55,000 | ₦55,000 | 2 | |
| ₦55,000 | ₦55,000 | ₦55,000 | 3 | |
| ₦55,000 | ₦55,000 | ₦55,000 | 1 | |
| ₦55,000 | ₦55,000 | ₦55,000 | 3 | |
| ₦54,000 | ₦54,000 | ₦54,000 | 3 | |
| ₦54,000 | ₦54,000 | ₦54,000 | 3 |
Understanding Nigerian Rice prices in Ogun State
Is Nigerian Rice getting more expensive?
Over the last 90 days the median price has fallen from ₦56,000 to ₦54,000 per 50kg bag — a change of 3.6%. Prices easing usually reflects harvest supply reaching the markets, and that window does not always last.
Which unit is Nigerian Rice sold in?
Markets report Nigerian Rice in 50kg bag, 100kg bag. We never average across units — a price per 50kg bag and a price per 100kg 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.