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1. • • On top of global pressures, President Bola Tinubu's cancellation of the fuel subsidy plus the devaluation of the currency, the naira, have added to inflation. A standard 50kg (110lb) bag of rice, which could help feed a household of between eight and 10 for about a month, now costs 77,000 naira ($53; £41).
     www.bbc.com/news/world-africa-68272830

     Nigeria cost of living: People turn to 'throw-away' rice for food

2. People also ask

   Why is the price of rice rising in Nigeria?

   • But the price of rice - which is now one of the country's staple foods - has been rising. Government data also show the cost of producing rice in Nigeria has been rising, which would translate into higher prices. And while the production of rice has nearly doubled in a decade, the demand for rice has also been growing.

   Nigeria rice: Is the government exaggerating production figures?

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   Will improved production help reduce the price of rice in Nigeria?

   • President Muhammadu Buhari has said improved production "will aid our efforts at reducing the price of rice in Nigeria". But the price of rice - which is now one of the country's staple foods - has been rising. Government data also show the cost of producing rice in Nigeria has been rising, which would translate into higher prices.

   Nigeria rice: Is the government exaggerating production figures?

   www.bbc.co.uk/news/60324939

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   How much rice will Nigeria produce in 2022?

   • The most recent reliable figures for production come from the US Department of Agriculture, which has projected that Nigeria's rice production will reach five million tonnes in 2022, slightly above the previous year.

   Nigeria rice: Is the government exaggerating production figures?

   www.bbc.co.uk/news/60324939

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   Will Rice production increase in 2020?

   • The US data show a significant increase in production between 2015 and 2017, which then slowed before another jump in 2020 when production reached a high point of 5.04 million tonnes. The Nigerian government has data on rice production also showing a big rise between 2015 and 2016. But it does not have any figures for the last few years.

   Nigeria rice: Is the government exaggerating production figures?

   www.bbc.co.uk/news/60324939

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3. www.bbc.co.uk › news › 60324939Nigeria rice: Is the government exaggerating production ... - BBC

   www.bbc.co.uk › news › 60324939

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   So why are rice prices rising? President Muhammadu Buhari has said improved production "will aid our efforts at reducing the price of rice in Nigeria". But the price of...

4. www.bbc.com › news › 60324939Nigeria rice: Is the government exaggerating production figures?

   www.bbc.com › news › 60324939

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   The Nigerian government has hailed an increase in local rice production as a key achievement, and says the country is actually exporting the grain. But the opposition has challenged this claim ...

5. Videos

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     Nigeria: Rice prices skyrocket as local production declines

     5 Dec 2023

     915 views

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     21:51

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     Price of Rice Nears N50,000 Per Bag as Nigerians Lament Rising Food Costs

     10 Nov 2022

     2.2K views

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     6:12

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     Rice Prices Hit Highest Level In Nigeria In 2023

     31 Aug 2023

     2.6K views

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6. www.commodity-port.com › 2020/07/15 › how-nigeriaHow Nigeria has fared in rice production since 1999

   www.commodity-port.com › 2020/07/15 › how-nigeria

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   Jul 15, 2020 · Nigeria has produced more rice in the last five years than at any other time since the return of democracy in 1999, data from the United Nations Food and Agriculture Organization (FAO) shows. The FAO data shows that between 2014 and 2019, Nigeria maintained top spot among rice producers in Africa.

7. punchng.com › insecurity-local-rice-price-jumps-by-200Insecurity: Local rice price jumps by 200% - Punch Newspapers

   punchng.com › insecurity-local-rice-price-jumps-by-200

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   Apr 20, 2023 · Rising insecurity in the country, import ban and others factors have caused the price of one kilogramme of local rice to rise by 201.52 per cent in seven years, according to findings by The...

8. www.businessinsider.com › nigeria-rice-industryThe Cost of Rice Is Skyrocketing in Nigeria, and Farmers Can ...

   www.businessinsider.com › nigeria-rice-industry

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   Feb 20, 2020 · Hannah Jiang , Kaitlyn Wang, and Mark Abadi. Feb 20, 2020, 12:54 PM PST. Nigeria's economy has relied on oil for decades, but after prices fell, the government started investing in rice. In...

9. www.bbc.com › news › world-africa-68272830Nigeria cost of living: People turn to 'throw-away' rice for food

   www.bbc.com › news › world-africa-68272830

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   As the rising cost of living continues to bite, many in northern Nigeria are turning to rice grains that millers normally reject after processing or sell to farmers to feed their fish.

10. leadership.ng › food-inflation-and-price-of-riceFood Inflation and Price Of Rice - Leadership News

    leadership.ng › food-inflation-and-price-of-rice

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    According to surveys by SBM Intelligence, at the end of June 2020, a 50kg bag of rice went for an average of N26,000. In two decades, the price of the most widely consumed staple food in...