Stella Dimoko Korkus.com: Rice Price Allegedly About To Crash Because Of Plenty Rain

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Thursday, 5 October 2017

Rice Price Allegedly About To Crash Because Of Plenty Rain

Rice farmers, millers and processors have reportedly announced that the price of a 50kg bag of rice will fall to as low as N6,000 in the next few months.




According to them, the current market price of rice, which is about N15,000 per 50kg bag, will drop to between N6,000 and N7,000 in a couple of months, going by the bumper wet season harvest by rice farmers.
This is great News indeed IF IT HAPPENS!

How much is Rice the last time you bought it?


20 comments:

Anonymous said...

19k....
Good news!

Love.Eating.Pussy said...

I will be thankfully if the rice comes down to that price stated there because as December is approaching I know the calls from relatives for rice will soon start.

Infact na me go happy pass

LEP😛

Love.Eating.Pussy said...

I will be thankfull if the rice comes down to that price stated there because as December is approaching I know the calls from relatives for rice will soon start.

Infact na me go happy pass

LEP😛

kudos said...

I pray this is true,if it happens,it's to buy 2bags at once . The last bag we bought was 18k

LUCIFER said...

i bought its for 18k. that will indeed be great news as 18k will give me 3 bags instead of 1.

amanda favour said...

A bag of Thailand rice is #17500 as of last month when we bought
I hope their predictions becomes reality.....hmmm

Fierce of SDK blog said...

I will be really happy if this happens. The congo I bought yesterday was 500 naira,and it has been selling for that amount for a while now,prior to that time,it was 600 naira.

charity said...

Great news indeed.

The goddess. said...

That will be nice. Cos the last time I was given a bag of rice was when I was with Gtbank, then a bag was sold for 6/8k I guess.


But FG fumbled
Jeez
What a costly mistake. it took 3months to export naija yam to Europe,3good months? While Ghana is just 2weeks, and here we are glamouring for economic diversification.

Sigh!

Blackberry said...

Hmmm a bag of cap cap is 19k at slaughter market.

BLOGLORD (MVBM) said...

In view of the forth coming Christmas, the price crash is in order.👍

Yori Yori Princess Loveme Jeje said...

That means it will be after christmas.

How much do they sell Par Excellence rice, i need about 6 for the Christmas. Who knows to holla me, i want to buy

Anonymous said...

A bag of per excellence rice that I love and eat in my house is 28k so this price cash is not for pple like me except dollar rate drops....na them sabi

Miss Ess said...

Thank God

LOLO IDEATO said...

15k 2weeks ago

Minnie Rexpect said...

When will it crash? Cos it's still very expensive. I'll shout great news when it happens.

Chikito The Professional Fire for Fire a.k.a Ugegbe Chike Teflon said...

My people, try buy 'abakaliki' rice. The one we got in December lasted till June. then we got another that will take us till December. The taste is great and is less starchy that all those other rice. You dont have to parboil and wash before you cook. And its cheaper that packed rice.

Welcome to my World said...

@chikito where can I get the abakaliki rice to buy?

Bubul said...

Let it drop . So it will be less money for rice for my traditional wedding .

Bold Marehi said...

I hope so oh because rice still dey expensive for here oh. A mudu of rice here is #600 if you are lucky you will get for #550/500

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