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Rice price in Lagos

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

₦112,668 per 50kg bag

₦225,337 per 100kg bag · ₦2,253,370 per tonne · ₦67,601,100 per 10-tyre lorry (30t)

▲ 2.3% 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 Lagos (12 months)

Month50kg bag100kg bagTonne
August 2026₦112,668₦225,337₦2,253,370
July 2026₦110,108₦220,215₦2,202,150
June 2026₦106,778₦213,557₦2,135,570
May 2026₦106,922₦213,844₦2,138,440
April 2026₦108,040₦216,081₦2,160,810
March 2026₦107,913₦215,826₦2,158,260
February 2026₦102,862₦205,723₦2,057,230
January 2026₦103,228₦206,457₦2,064,570
December 2025₦98,701₦197,402₦1,974,020
November 2025₦106,068₦212,135₦2,121,350
October 2025₦101,556₦203,111₦2,031,110
September 2025₦104,856₦209,711₦2,097,110
August 2025₦109,645₦219,290₦2,192,900

Price risk outlook — Lagos

42 / 100 · Moderate risk · confidence C

Corridor Risk Score for rice in Lagos, 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 Lagos in this three-month window. Last year the rice price in Lagos fell 3% between August and November (₦109,645 to ₦106,068 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 Lagos

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.