- Nigerians have taken to social media to report a reduction in the price for a 50kg bag of rice from N80,000 to N60,000
- The reports of this reduction have been greeted with much excitement, with a bag of rice becoming one of the most trending topics
- Legit.ng spoke to traders about the current market price for a 50kg bag of rice as the Federal Government intensifies efforts to bring down commodity prices
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Nigerians have taken to social media to rejoice about a significant price shift in the price of a bag of rice amidst the Federal Government’s efforts to stabilise commodity prices
