₦airaland Forum

ObiPandora:
And what again is wrong in that ? We should not import so that you can continue wailing from agulu that ric is still 120K ba ?!

3kay945:
When you put dull people in government, you expect them to think ?

Bubu is a colossal failure. He got no effective brain to mull deep reasoning. Hence , he didn't think!

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.

Vision101:
Where do you live? How much are you buying rice there? I live in Aba.

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

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

dailyflavour:
Nothing is crashing..
Still bought ½ bag of rice for 39k yesterday

MadamExcellency:
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.

So the soldier didn’t get promoted since 2014? For him to still be earning minimum wages.

Justice for military cadets.

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

Vision101:
Are the locally produced rice imported too? I live in Aba. There's no imported rice here but prices are dropping. Oya talk 🦜.

frog12:
still 80k

damoobaba:
I currently sell a 50kg bag of FOREIGN RICE for 63k

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

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

RosyIsBlessed:
How much is 50 Kg now?

damoobaba:
I currently sell a 50kg bag of FOREIGN RICE for 63k

maasoap:
What government's support? Farm inputs, implements and farming operation generally is now very expensive in Nigeria! No subsidies on tractors, diesel, seeds /seedlings, fertilisers, chemicals or transport.
Right now, farmers are making huge losses which means lesser/fewer numbers of farmers will return to farms next raining season. That's what government's policy somersaults always cause

dailyflavour:
About 80k

chatinent:
Do you like the way you react to things?

NaijaphiliaBlog:
Where is your location?

You have many potential customers here on nairaland.

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

damoobaba:
I stay on the Island

NaijaphiliaBlog:
Where is your shop located?

I'm interested in buying any good brand of short grain or Basmati rice from you.

seunoyeleyep:
Empty barrel makes a loudest....noise.