The price of rice in Nigeria has skyrocketed from ₦2,500 in 2000 to ₦105,000 in 2024. Discover the reasons behind the surge, including policy shifts, insecurity, and economic instability. Introduction The price of rice, Nigeria’s most consumed staple food, has witnessed an astronomical rise over the years. From ₦2,500 per 50kg bag in 2000 to … Continue reading The Soaring Price of Rice in Nigeria: From ₦2,500 in 2000 to ₦105,000 in 2024