Between August 2016 and March 2020, the price of a 50kg bag of local rice rose from N11,500 to N18,500 while a 50kg bag of imported rice increased from N18,500 t0 N27,500. The cost of a derica of rice (imported) rose from N450 to N1000; and the cost of a derica of rice (local) increased from N300 to N750.
Besides, how much is a bag of rice in Abakaliki?
Its good taste and quality come from the moisture nature and salinity of the land of Ebonyi state. Abakaliki rice is also relatively cheap. Compared to a bag of parboiled rice that goes for N18,000 or more, Abakaliki rice is sold at N5000.
Subsequently, question is, how many Congos are in a bag of rice?
For a 50kg bag of rice, it contains between 25 – 32 mudu.
Which rice is the best in Nigeria?
10 Best Rice Brands in Nigeria
- Mama Pride. This is a number one choice to many Nigerian mothers that have hungry mouths to feed.
- Mama Gold. This brand of rice is also popular in the Nigerian market owing to the fact that it is produced by the OLAM Nigerian Limited.
- Royal Stallion.
- Mama Africa.
- Lake Rice.
- Anambra Rice.
- Ofada Rice.
- The Basmati Rice.
How much is 50kg bag of rice in Nigeria?
50kg bags of locally made rice (Mama Gold & Mama's Pride) now sell for an average of N21,000 from an initial N21,375. A 50kg bag of Caprice sells for an average of N25,750, indicating a 1.59% decline in price from an initial 26,165.
