This development follows months of skyrocketing food prices, which have left many households struggling to afford basic meals.
Rice Price Drops From ₦80,000 To ₦58,000
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One of the most remarkable changes is in the price of rice, a staple in nearly every Nigerian home. The cost of a 50kg bag has dropped significantly, from as high as ₦80,000 to around ₦58,000 in several parts of the country.
Traders attribute the decline to a combination of improved supply from local mills, the ongoing harvest season, and stabilising transportation costs.….KINDLY READ THE FULL STORY HERE▶
