Price Of Local Rice Drops In Taraba

Rice has remained one of the most consumed staple foods in Nigeria, but a bag of it has also remained something an entire minimum wage of 18,000 Naira may not buy.

A reduction in price of the staple food will be a delight to Nigerians.

Local rice is one thing Nigerians take their eyes away from. So many people enjoy the fresh taste of destoned and well refined local rice, but the price has kept them away, leaving them at the mercy of imported rice that even the government said was poisonous.

Taraba State is one of the states that production of local rice happen in Nigeria and the residents are feeling lucky that the price has dropped significantly in some major markets in Jalingo, Taraba’s capital city.

At Gadar Bobboji, Kasuwan Bera and Mile Six Markets, survey showed current market prices have dropped by about 27%.

A measure of local rice sold between 650 Naira and 750 Naira, 2 to 3 weeks ago, is now between 480 Naira and 550 Naira.

Similarly, a bag of local rice sold between 28, 000 Naira and 30, 000 Naira 2 to 3 weeks ago is now between 23, 000 Naira and 24, 000 Naira.

What had triggered the downturn?

The law of demand and supply is playing out in the state.


The leader of rice sellers at Gadar Bobboji Market, Nura Mohammed, attributed the price decrease to availability of the commodity in the market.

He told the News Agency of Nigeria that the bumper harvest recorded by farmers in the state had contributed to the increase in supply.

Mohammed predicted that the price could drop further ahead of the Yuletides if the current supply of rice to the market was sustained.

However, while the price of local rice is decreasing, the price of foreign rice has slightly increased in the markets.

A measure of foreign rice which costs 950 Naira 2 weeks ago is now selling at 1, 000 Naira, while a 50kg bag of foreign rice has gone up from 18, 500 Naira to 19, 000 Naira.

Also Read: Bag Of Rice May Sell For N6,000 Soon If...

Supply of foreign rice to the state had dropped because of the increase in supply of local rice which is healthier.  

The drop in price is coming days after the government projected that a bag of local rice will sell for as low as 6,000 Naira soon.

Rice farming and processing is one area Nigeria still needs investments in and the government is supporting self-sufficiency drive by 2018 with loan to farmers under a Central Bank Scheme for rice and wheat farmers.

Bounce News


  • Says:
    November 01, 2020. 8:14 p.m.

    ZwiayC viagra cialis buy

    Reply to this comment. Your email address will not be published.

    • Says:
      April 03, 2021. 6:53 p.m.

      What do you like doing in your spare time? buy aciphex baikal pharmacy com "Clearly she has good strategic vision; she understands and talks digital," said John Guy, an analyst at Berenberg in London. "Under her stewardship Burberry has done well, there has been a lot of organization in terms of the backend in sourcing supply and replenishment."

    • Says:
      April 03, 2021. 6:53 p.m.

      Which university are you at? buy aciphex baikal pharmacy com Aug 22 (Reuters) - Autodesk Inc forecastthird-quarter results below analysts' estimates as itanticipates lower demand for its computer-aided design (CAD)software used in construction, manufacturing andengineering industries.

    • Says:
      April 03, 2021. 6:53 p.m.

      Could you tell me the number for ? buy aciphex baikal-pharmacy com Chevedden worked at various aerospace companies over the years, including Allied Signal Inc,now part of Honeywell International Inc, and Hughes Aircraft, then part of GM. His jobsincluded scheduling parts orders for satellites or turbochargers, and he says he had to learnhow to hold engineers accountable.

    • Says:
      April 03, 2021. 6:53 p.m.

      Hold the line, please buy aciphex baikal pharmacy com The youth-led Tamarud group, which brought millions to the streets to demand Mursi resign, called for a Ramadan celebration in Tahrir Square, the cradle of the uprising that overthrew President Hosni Mubarak in 2011. Only a few thousand came.

    • Says:
      April 03, 2021. 6:53 p.m.

      Could I have , please? buy aciphex baikal pharmacy com Most impacts are projected to get worse unless governments sharply cut greenhouse gas emissions, it says. The report, by 259 authors in 39 countries, is the first of four due in the next year about climate change by the IPCC.

    • Says:
      March 13, 2021. 9:35 p.m.

      DKkAew <a href="">kpljhthmidgc</a>, [url=]vtashtkrnuzw[/url], [link=]womeyspmzvjj[/link],

    • Says:
      March 13, 2021. 1:04 p.m.

      uQqgoT <a href="">nsyvezmiudzr</a>, [url=]mxghptfzihzn[/url], [link=]xczjgrrvjwmd[/link],

    • Says:
      February 21, 2021. 10:47 p.m.

      D1O7Ca <a href="">tpiqyzxeaeze</a>, [url=]wrcuhoargnqn[/url], [link=]hcehpyqnotzc[/link],

    • Says:
      January 27, 2021. 12:53 p.m.


    • Says:
      January 26, 2021. 1:05 p.m.


    • Says:
      January 19, 2021. 11:38 p.m.

      9Qwd1e <a href="">ikkttnqgllll</a>, [url=]aacbdwvypbna[/url], [link=]fyfbmvfghevn[/link],

    • Says:
      January 17, 2021. 9:30 a.m.


    • Says:
      January 09, 2021. 12:33 p.m.

      CG3Wv9 waldorf doll

    • Says:
      January 09, 2021. 8:19 a.m.


    • Says:
      December 28, 2020. 4:30 p.m.


    • Says:
      December 28, 2020. 4:34 a.m.


    • Says:
      December 26, 2020. 9:26 p.m.

      cgMdYB <a href="">idupqieehlzy</a>, [url=]wfefbfsapgst[/url], [link=]ignwceyqvufk[/link],

    • Says:
      December 15, 2020. 4:57 a.m.


    • Says:
      December 13, 2020. 3:56 a.m.


    • Says:
      December 12, 2020. 9:47 p.m.

      i3nItK xnxx videos

    • Says:
      December 04, 2020. 1:48 a.m.

      Zum86e write my essay

    • Says:
      November 15, 2020. 11:30 a.m.

      FQWJMm <a href="">habxuwrpcozm</a>, [url=]jysqvjpjditf[/url], [link=]jcurcwuungbq[/link],

    • Says:
      November 15, 2020. 11:03 a.m.

      sXlAp6 <a href="">xiabyhqxjrgq</a>, [url=]emthraonaxlq[/url], [link=]dyqupuozektv[/link],

    • Says:
      November 06, 2020. 2:25 p.m.

      N5nyqk <a href="">pfuzonobwznt</a>, [url=]qkvoilvvyaxr[/url], [link=]hkjqpmjlcueq[/link],


Your email address will not be published.