Rice Price Drop in Nigeria: Reactions to Falling Rice Prices in 2025
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| Rice Price Drop in Nigeria |
The price of imported rice in Nigeria dropped from ₦90,000 to ₦56,000 per 50kg bag in 2025. Nigerians share mixed reactions on Tinubu’s administration.
Rice Price Drop in Nigerian Markets
In a surprising turn, the price of imported rice in Nigeria has dropped significantly in 2025. A 50kg bag of rice, which previously sold between ₦85,000 and ₦90,000, now goes for ₦56,000 to ₦62,000 in major markets across the country.
This development has sparked mixed reactions among Nigerians, with some praising President Bola Tinubu’s administration, while others argue that rice is still expensive compared to previous years.
Supporters Celebrate Tinubu’s Achievement
Supporters of President Tinubu have taken to social media platforms like X (Twitter) to express joy over the decline in rice prices.
- @UnclePamilerin wrote: “Rice prices are finally dropping, minimum wage can buy a bag now. Step by step, we’re getting there. Nigeria will work in our lifetime.”
- @Mz_Tosyn added: “I said rice is ₦57k, people are arguing in my mentions. Me that I bought 3 bags yesterday vs someone still collecting allowance.”
For many of Tinubu’s supporters, the price drop is a sign of gradual economic recovery under his administration.
Critics Say Rice Remains Expensive
On the other hand, critics argue that rice is still far from affordable. They point out that during past administrations, a 50kg bag of rice cost far less and the minimum wage could buy multiple bags of rice, unlike today.
- @Uptownoflagos stated: “You’re celebrating that minimum wage can now buy a bag of rice? Ten years ago, minimum wage could buy 3 bags of rice, transport, food, and even savings.”
- @_Kamor questioned: “So…. boil rice in cold water and eat?!? How much is propane? How much is electricity? Tomato? Oil? Transportation?”
- @smiling_dictato added: “Talking about rice alone without addressing high taxes, inflation, and rising cost of living is misleading.”
These critics insist that while the rice price drop is good news, it does not reflect the overall economic hardship Nigerians face daily.
Economic Reality in 2025
The rice price reduction shows progress, but it also highlights Nigeria’s inflation struggles. Many essential commodities—such as cooking gas, tomatoes, and oil—remain expensive, making it difficult for families to truly feel relief.
For context, Nigeria’s inflation rate has remained a major economic challenge (see National Bureau of Statistics), and while rice is now cheaper, the overall cost of living is still high.
Final Thoughts
The drop in rice prices in Nigeria is a welcome development, but it is not yet the full solution to the country’s economic struggles. Until wages, fuel costs, electricity bills, and food prices stabilize, Nigerians will likely remain divided on whether Tinubu’s administration is delivering real progress.
For more insights into Nigeria’s food inflation trends, visit BusinessDay and Punch News.
