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Rice price in Ibadan

Updated week of 5 October 2026 · Oyo state · data period 2026-08

₦85,920 per 50kg bag

₦171,841 per 100kg bag · ₦1,718,410 per tonne · ₦51,552,300 per 10-tyre lorry (30t)

▲ 5.4% vs previous month

Behind this number: market median from World Bank Real-Time Food Prices (modelled) and WFP monitoring · observation period 2026-08 · corridor haulage re-priced weekly to the diesel pump price · how our numbers are made

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Rice price history in Ibadan (12 months)

Month50kg bag100kg bagTonne
August 2026₦85,920₦171,841₦1,718,410
July 2026₦81,532₦163,063₦1,630,630
June 2026₦75,001₦150,002₦1,500,020
May 2026₦73,306₦146,611₦1,466,110
April 2026₦72,759₦145,518₦1,455,180
March 2026₦71,615₦143,230₦1,432,300
February 2026₦57,145₦114,290₦1,142,900
January 2026₦58,572₦117,145₦1,171,450
December 2025₦58,858₦117,715₦1,177,150
November 2025₦58,010₦116,020₦1,160,200
October 2025₦64,285₦128,570₦1,285,700
September 2025₦76,218₦152,437₦1,524,370
August 2025₦87,549₦175,098₦1,750,980

Price risk outlook — Ibadan

51 / 100 · Moderate risk · confidence C

Corridor Risk Score for rice in Ibadan, August 2026. Higher means a sharp price fall (15% or more) is more likely over the next three months; Low markets have historically fallen about 1 in 12 times, High markets about 1 in 3.

No strong seasonal pattern for rice at Ibadan in this three-month window. Last year the rice price in Ibadan fell 34% between August and November (₦87,549 to ₦58,010 per bag). How the score works · full portfolio scoring is available through the API.

Cheapest rice markets in Nigeria this month

Other commodity prices in Ibadan

Prices are market medians from World Bank Real-Time Food Prices and WFP monitoring, cross-checked against trader quotes. Businesses: see corridor-level landed costs — what a tonne truly costs delivered, net of real haulage.