- Over the past 30 years, the price of a 50kg bag of rice in Nigeria has seen drastic increases due to government policies and economic shifts
- From new tariffs and import bans to the devaluation of the naira, each surge tells a story of the nation’s economic struggles
- This report highlights seven key moments that shaped the rice market, revealing the deep impact of policy decisions on everyday essentials
Rice is a staple food in Nigeria, but the cost of a 50kg bag has been anything but stable.
Over the past three decades, several economic and policy changes have caused prices to soar dramatically, Archivi data shows.
