₦airaland Forum

The price of rice is currently going through the floor in multiple markets all over Lagos, the economic capital of Nigeria.

This has been confirmed by traders and consumers in the city interviewed by the News Agency of Nigeria (NAN) and who disclosed that the essential victual has witnessed a sudden drop in price.

The crash in price affects both local and foreign brands of rice.

In various markets such as Arena (Oshodi), Festac Town, Mile 12, and Oyingbo, a 50kg bag local rice which sold for about ₦85,000 in January 2025 currently sells between ₦60,000 and ₦70,000.

Likewise, foreign rice which was ₦95,000 as at January is now between ₦65,000 and ₦75,000 depending on the brand/location.

The price drop has been credited to improved local harvests and a massive surge in imports following the reopening of Nigeria’s borders.



SOURCE
https://x.com/NaijaphiliaBlog/status/1982942007900172458

Simply importation , simply importation

Government of propaganda, By propaganda and for Propagandists...

Instead of solving national problems, they will run back to their Lagos ibadam express way mercenary press houses for more propaganda..

What's more? Dollar price moved down MASSIVELY from 1500/1usd to 1499/usd. Petrol from 1000/litter to 995/litter.

These are considered as earthshaking progress . Remind them of the prices of all these before APC and they start to foam in the mouth.

No spark, No fire.
No Substance upstairs, No inventive administrative abilities.
Just tribalism and sectionalism.

owobokiri:
Government of propaganda, By propaganda and for Propagandists...

Instead of solving national problems, they will run back to their Lagos ibadam express way mercenary press houses for more propaganda..

What's more? Dollar price moved down MASSIVELY from 1500/1usd to 1499/usd. Petrol from 1000/litter to 995/litter.

These are considered as earthshaking progress . Remind them of the prices of all these before APC and they start to foam in the mouth.

No spark, No fire.
No Substance upstairs, No inventive administrative abilities.
Just tribalism and sectionalism.

bark,bark,bark and then sleep,when you wake up,your symptoms persists.
Even in the north that has a good number of people under the poverty line,they have since embraced realities…continue to Dey rant and wail,if you can’t afford rice of 70k,go and chop sand.if you can’t afford fuel of 955,your urine is free.real men look for means,dumb ones look for excuses

owobokiri:
Government of propaganda, By propaganda and for Propagandists...

Instead of solving national problems, they will run back to their Lagos ibadam express way mercenary press houses for more propaganda..

What's more? Dollar price moved down MASSIVELY from 1500/1usd to 1499/usd. Petrol from 1000/litter to 995/litter.

These are considered as earthshaking progress . Remind them of the prices of all these before APC and they start to foam in the mouth.

No spark, No fire.
No Substance upstairs, No inventive administrative abilities.
Just tribalism and sectionalism.

No mind Tinubu and his paid agents. Since he doesn't have any meaningful development he achieved since he became President, he has resorted to propagating lies through the 10,000 South West Youths he recently employed, to defend him online.

Importation to kill local manufacturers

sulakishop:
Importation to kill local manufacturers

When local manufacturers had opportunities to leverage on government's support and make life comfortable for fellow citizens,was it not hoarding they resorted to ? They were inflicting pains on people because they wanted to make huge profits. How can locally produced rice cost more than imported one and you want government to fold its arms and continue watching? Many of Nigerian farmers are greedy

owobokiri:
Government of propaganda, By propaganda and for Propagandists...

Instead of solving national problems, they will run back to their Lagos ibadam express way mercenary press houses for more propaganda..

What's more? Dollar price moved down MASSIVELY from 1500/1usd to 1499/usd. Petrol from 1000/litter to 995/litter.

These are considered as earthshaking progress . Remind them of the prices of all these before APC and they start to foam in the mouth.

No spark, No fire.
No Substance upstairs, No inventive administrative abilities.
Just tribalism and sectionalism.

It that simple news that gives you all these bile and anger. E don reach the level that anything by the government irritates you guys to the point of pouring out these venoms early morning.

Make una allowed una mind to touch ground

If it doesn’t drop to 20,000 Naira, then it has not dropped. Stop glorifying nonsense.

Meanwhile, I stand with JAGABAN. If JAGABAN cannot do it, then it isn’t Peter Obi, Atiku, Rotimi Amaechi, El-Rufai, Aregbesola or Goodluck Jonathan that can do it.

Ttalk:
It that simple news that gives you all these bile and anger. E don reach the level that anything by the government irritates you guys to the point of pouring out these venoms early morning.

Make una allowed una mind to touch ground

rice from 30k enter 90k and then reduced to 70k now.

Tinubu is indeed working 😂😂😂
Government of propaganda

Importation.
Rice is no longer contra-ban

owobokiri:
Government of propaganda, By propaganda and for Propagandists...

Instead of solving national problems, they will run back to their Lagos ibadam express way mercenary press houses for more propaganda..

What's more? Dollar price moved down MASSIVELY from 1500/1usd to 1499/usd. Petrol from 1000/litter to 995/litter.

These are considered as earthshaking progress . Remind them of the prices of all these before APC and they start to foam in the mouth.

No spark, No fire.
No Substance upstairs, No inventive administrative abilities.
Just tribalism and sectionalism.

This is trash. You are not making sense at all. Price goes up you blame government it comes down you blame government. Can't you be reasonable for once?

shox:
rice from 30k enter 90k and then reduced to 70k now.

Tinubu is indeed working 😂😂😂
Government of propaganda

That's how they deceived Nigerians. I mean the illetrate ones.

More like selling fuel 1500 tomorrow and in two days, it goes back to 1200.

I laugh!

shox:
rice from 30k enter 90k and then reduced to 70k now.

Tinubu is indeed working 😂😂😂
Government of propaganda

Rice is not 70k, I just bought 1 at 55k. A moderate family will eat that for 2months even if they are wasteful.

If you want the price to come down to 20k hope you are equally ready to drop the service or the product you sell by 500%

Your income has increased by over 300% but you want those in rice business not to make gain from their business, that type of selfish mentality is what many of you carry into business and eventually kill the business, because you are too narrow to understand that the price of a product is the aggregate cost of other input and the purchasing power of the consumer.

Ttalk:
Rice is not 70k, I just bought 1 at 55k. A moderate family will eat that for 2months even if they are wasteful.

If you want the price to come down to 20k hope you are equally ready to drop the service or the product you sell by 500%

Your income has increased by over 300% but you want those in rice business not to make gain from their business, that type of selfish mentality is many of you carry into business and eventually kill the business, because you are too narrow to understand that the price of a product is the aggregate cost of other input and the purchasing power.

na you Dey give me the income wey increase by 300%. Go tell that to dem professors wey Dey follow INEC read rubbish results

Goodnews.. Purchasing bag of rice asap this week

Updated: confirmed Bag #57k

owobokiri:
Government of propaganda, By propaganda and for Propagandists...

Instead of solving national problems, they will run back to their Lagos ibadam express way mercenary press houses for more propaganda..

What's more? Dollar price moved down MASSIVELY from 1500/1usd to 1499/usd. Petrol from 1000/litter to 995/litter.

These are considered as earthshaking progress . Remind them of the prices of all these before APC and they start to foam in the mouth.

No spark, No fire.
No Substance upstairs, No inventive administrative abilities.
Just tribalism and sectionalism.

You don't know what is going underground. Some people are currently importing rice

It's not only in Lagos state but nationwide.

At least, herdsmen attack in Southern region have reduced drastically while the government has been providing empowerment program for our farmers

A bag of rice selling at a price equivalent to minimum wage is absurd.

A Nigerian soldier told me he earned N36,000 per month in 2014, and bought 4 bags of rice from his town at N7,000 each and still got N8,000 to run expenses for the month but today, he is paid N90,000 and he can only afford a bag of rice. Na so, I begin to pity them.

Justice for military cadets.

Smuggling is doing wonders
Buhari did us dirty by curbing smuggling without an alternative. Man treated Nigerians like animals in a zoo.
Zombies were hailing him then calling some who disagreed with his methods wailer or smuggler
Today they are praising Tinubu for opening the border to smuggling and bringing Dende back to business
Zombies are daft!!

commoditiesnig:
Goodnews.. Purchasing bag of rice asap this week

You mean you've not been eating rice before?
Don't tell me you bought Reno's story of drinking pap if you can't afford milo

sulakishop:
Importation to kill local manufacturers

Rest Abeg, local rice is far more expensive. Na Tinubu fit greedy farmers and middle men

kunle4toyeyaho:
When local manufacturers had opportunities to leverage on government's support and make life comfortable for fellow citizens,is it not hoarding they resorted to ? They were inflicting pains on people because they wanted to make huge profits. How can locally produced rice costs more than imported one and you want government to fold its arms and continue watching? Many of Nigerian farmers are greedy

Nigerian farmers are not the problem
The problem is the sycophants in APC who went to convince Buhari that we have more than enough rice in Nigeria but Nigerians are too addicted to foreign rice to embrace the local one
APC sycophants are demons in human form. They praised him for locking the border only to curse him for wrecking the economy

Lanretoye:
bark,bark,bark and then sleep,when you wake up,your symptoms persists.
Even in the north that has a good number of people under the poverty line,they have since embraced realities…continue to Dey rant and wail,if you can’t afford rice of 70k,go and chop sand.if you can’t afford fuel of 955,your urine is free.real men look for means,dumb ones look for excuses

Why not just tell the people to face the reality than using the media to gaslight the people into believing that price of commodities has crashed.
We that r in the southern regions, we still buying rice at a costly price.
Does Nigeria start n ends in lagos, that they use lagos as a determinant price crash state?

I still remember when i posted on this platform that the insecurity bedeviling the country is going to cause serious issues in the food security of the country.
Almost all the agro communities and states r affected by banditry...
Instead of the govt to tackle this issue, they r doing cosmetic and window dressing of the issue.


Can we feed ourselves, of course we can.
But r we feeding ourselves, The answer is No.

NaijaphiliaBlog:
The price of rice is currently going through the floor in multiple markets all over Lagos, the economic capital of Nigeria.

This has been confirmed by traders and consumers in the city interviewed by the News Agency of Nigeria (NAN) and who disclosed that the essential victual has witnessed a sudden drop in price.

The crash in price affects both local and foreign brands of rice.

In various markets such as Arena (Oshodi), Festac Town, Mile 12, and Oyingbo, a 50kg bag local rice which sold for about ₦85,000 in January 2025 currently sells between ₦60,000 and ₦70,000.

Likewise, foreign rice which was ₦95,000 as at January is now between ₦65,000 and ₦75,000 depending on the brand/location.

The price drop has been credited to improved local harvests and a massive surge in imports following the reopening of Nigeria’s borders.



SOURCE
https://x.com/NaijaphiliaBlog/status/1982942007900172458

Which local harvest? Una no dey tire for lies? My GOD!!!! Only demons will push lies in the name of truth.

Peeeggs will be asking prices to return to how they were during SUBSIDY era

Dorrllaarrdds and sore losers

alizma:
You don't know what is going underground. Some people are currently importing rice

We know. They propaganda posted up there sa8d "harvest". These guys have sold their souls to the devil.

Tinubu met a bag of rice at 45k. If he doesn't bring it down to that amount, he's not serious

Kukutente23:
You mean you've not been eating rice before?
Don't tell me you bought Reno's story of drinking pap if you can't afford milo

Lol Quite funny bro😂.

I meant we need to get new bag this week as price has been dropping... wifey actually told me food prices have been coming down. That's goodnews