Rice prices are falling in parts of Nigeria, with a 50kg bag now selling between ₦60,000 and ₦63,000 in places like Lagos, Ogun, and Niger states.
In a country battling widespread inflation, this rare price drop raises questions about whether true economic relief is finally on the way.
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In today’s episode of Nigeria Daily, we look into what’s driving this trend by speaking with sellers, analysts, and everyday Nigerians.