Agriculture · 2 min read
Rice prices ease in Nigeria as harvest supply improves
Local rice fell ~2.3% week-on-week to ₦82,000 per 50kg bag as new harvest volumes reach wholesale markets.
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A 50kg bag of cement now averages ₦9,500 nationwide, with builders pointing to higher diesel and FX pressure on inputs.
Local rice fell ~2.3% week-on-week to ₦82,000 per 50kg bag as new harvest volumes reach wholesale markets.
AGO climbed ~2.8% week-on-week to ₦1,180 per litre, raising costs for haulage, manufacturing and off-grid power.