Nigerian Rice price in Ogun today

Nigerian Rice costs a median of ₦55,000 per 50kg bag across 1 market in Ogun State as of 5 August 2026. The price has fallen 5.2% over the past 90 days.

Median price · Ogun State

₦55,000per 50kg bag

-5.2%over 90 days

Lowest
₦55,000
Ifo Market
Typical range
₦55,000₦55,000
middle 50% of markets
Highest
₦55,000
Ifo Market
Markets surveyed
1
mean ₦55,000

Last surveyed

Nigerian Rice prices at Ogun markets

Latest recorded Nigerian Rice price per 50kg bag at each surveyed market in Ogun
MarketStatePrice per 50kg bagvs cheapestSurveyed
Ifo MarketOgun₦55,000cheapest

Price history — last 90 days

Median price moved from ₦58,000 per 50kg bag in 11 May 2026 to ₦55,000 in 3 Aug 2026.

View the weekly figures
Weekly median price per 50kg bag, last 90 days
Week ofMedianLowestHighestObservations
₦58,000₦58,000₦58,0003
₦58,000₦58,000₦58,0003
₦58,000₦58,000₦58,0001
₦57,500₦56,000₦57,5003
₦56,000₦56,000₦56,0003
₦56,000₦56,000₦56,0002
₦56,000₦56,000₦56,0003
₦56,000₦56,000₦56,0002
₦55,000₦55,000₦55,0003
₦55,000₦55,000₦55,0003
₦55,000₦55,000₦55,0003
₦55,000₦55,000₦55,0003
₦55,000₦55,000₦55,0002

Understanding Nigerian Rice prices in Ogun State

Is Nigerian Rice getting more expensive?

Over the last 90 days the median price has fallen from ₦58,000 to ₦55,000 per 50kg bag — a change of 5.2%. 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.

Nigerian Rice prices elsewhere

Prices are recorded in Ogun markets and published in Naira, with the unit and survey date shown against every figure.