Skip to content
Plus234Feed

Nigeria's Rice Prices Drop Significantly in September 2026

Business
Legit.ng
Nigeria's Rice Prices Drop Significantly in September 2026

In September 2026, rice prices in Nigeria experienced a decline across all major categories, including Nigerian manufactured rice, imported long-grain, and imported short-grain rice. The average price of imported long-grain rice for a 50kg bag fell from N56,093.75 in August to N54,328.13, a decrease of N1,765.62 or 3.1%.

Similarly, Nigerian manufactured rice dropped from N52,250 to N51,571.43, while imported short-grain rice decreased from N52,300 to N50,950. The 25kg segment also saw reductions, with imported long-grain rice falling from N28,203.13 to N26,500, marking a 6% decline.

The downward trend continued in smaller retail measures, with prices for Nigerian-manufactured rice in the 4.15kg and 0.75kg categories also decreasing. Overall, the broad-based nature of these price declines suggests a general softening in rice prices during this period.

Plus234Feed summary based on reporting from Legit.ng. Read the original report below.

Read full article

Continue on Legit.ng

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.