How much does rice cost in Nigeria?
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How much does rice cost in Nigeria?
The average price of a 50kg bag of local rice in Nigeria is ₦20,000.
| Rice Brand | Size (bag) | Price |
|---|---|---|
| Sparkle Rice | 50kg | ₦30,000 |
| Royal Stallion Rice | 25kg | ₦15,000 |
| Anambra Rice | 50kg | ₦22,000 – ₦25,000 |
| Lake rice | 50kg | ₦20,000 |
How much is Mudu of rice in Nigeria?
The price of Foreign Rice – Mudu on Mart.NG is ₦650.
How much is bag of rice in Nigeria 2020?
The price of a bag of local rice ranges between N15,000 -N25,000 currently, depending on the level of purity of the rice.
How much is sack of rice in Nigeria?
5kg Pack of Basmati rice sells inside the scope of ₦4,500 to ₦6,500. The 50kg pack of Lake ride is sold inside the scope of ₦25,000 and ₦30,500, while the 25kg goes for ₦12,500 and ₦15,250.
How many paint bucket is in a 50kg bag of rice?
How many paint bucket is in a bag of rice? The answer is between 13 to 12 paint buckets precisely the left over after the 12th bucket may not fill the 13th bucket completely.
How many kg is one bag of rice in Nigeria?
In Nigeria today, you can get as low as rice of 5kg pack, your can equally get the one of 50kg – it all depend on your preference and your financial capacity. You can also get rice of 25kg, 10 kg and 30kg at a very affordable price if you want to buy bag of rice from a direct supplier (wholesaler).
Why is rice expensive in Nigeria?
In the case of rice, processing is an important and distinct feature in its production. Nigeria’s rice processing techniques are inefficient. This has resulted in processed rice that’s too expensive and of a lower quality than rice from other countries like China, Vietnam and India.
Is Rice business profitable in Nigeria?
To be straightforward, Yes, rice farming or selling is a profitable business in Nigeria. Rice is one of the stable food in Nigeria. If you’re into rice selling, then I can categorically guarantee you that you can sell it in any part of the country and make profit.
How many rubbers are in a bag of rice?
For a 50kg bag of rice, it contains between 25 – 32 mudu. The reason being that there are usually differences in the quantity of rice found in a bag based on the type and source. However when measuring the weight of a mudu, it is between 1.25kg – 1.3kg.