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Rice Prices in Nigeria

Typical price · October 2026
₦49,000 – ₦62,000
per 50kg bag · Nigeria
Updated October 2026Medium confidence5 sources
Rice in Nigeria
Photo: JonahOgbonna / Wikimedia Commons, CC0

Quick answer: A 50kg bag of rice mostly sells for about ₦49,000–₦62,000, with national averages in September 2026 near ₦51,600 for Nigerian-milled rice and ₦54,300 for imported long-grain. Average prices for every rice category eased slightly from August to September 2026.

Prices by type

Type / brandPrice rangeUnit
Nigerian (local) parboiled, e.g. Big Bull, Elephant Gold, Royal Stallion₦49,000 – ₦60,000per 50kg bag
Imported (foreign) long-grain parboiled₦53,000 – ₦68,000per 50kg bag
Premium brands (Cap Rice)₦70,000 – ₦77,000per 50kg bag
Rice by the paint bucket (4.15kg)₦4,200 – ₦4,500per paint (4.15kg)
Rice by the derica (0.75kg)₦830 – ₦925per derica (0.75kg)

Typical retail ranges seen in October 2026. Prices change often; confirm with the seller before you pay.

Prices by city

CityPrice range (per 50kg bag)
Lagos₦49,000 – ₦62,000

Why prices differ

Imported long-grain usually costs a few thousand naira more than Nigerian-milled or short-grain rice.
Premium brands such as Cap Rice sell well above standard local brands.
Prices are lower in big wholesale markets than in neighbourhood shops and supermarkets.
Harvest season and exchange-rate shifts move prices from month to month.

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Frequently asked questions

How much is a 50kg bag of rice now?

Most buyers pay about ₦49,000–₦62,000 for a standard 50kg bag. National averages in September 2026 were about ₦51,600 for Nigerian rice and ₦54,300 for imported long-grain. Premium brands cost more.

Is foreign rice more expensive than local rice?

Usually, but not by much. In September 2026 imported long-grain averaged about ₦54,300 per 50kg and Nigerian-milled about ₦51,600. Imported short-grain was slightly cheaper than local rice, at about ₦50,950.

How much is a paint or derica of rice?

A paint bucket (about 4.15kg) averaged roughly ₦4,200–₦4,500 in September 2026. A derica (about 0.75kg) averaged about ₦830–₦925, depending on rice type.

  1. Dealers Announce New Rice Prices, 50kg Bag Gets Cheaper — Legit.ng, 2026-10-07
  2. Rice price index – Lagos — NaijaSabi, 2026-10
  3. Lagos food prices: Egusi jumps 29.73% as major staples record wider declines in September — Nairametrics, 2026-10-02
  4. 10 Food Items Nigerians Should Buy Now Before Prices Rise Again — Legit.ng, 2026-09-29
  5. What a bag of rice costs in each geopolitical zone in Nigeria — Nairametrics, 2026-05-09

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