Food and Grain Prices in Nigeria Today: Rice, Maize, Sorghum, Soybean and More
One dated table for Nigeria's staple grain prices: exchange-traded wholesale prices updated each trading day, and retail market prices updated monthly, each labelled with its source and as-of date. Bookmark this page — the numbers refresh automatically as the underlying feeds update, and each commodity links to its own detailed tracker.
Current Rice Price in Nigeria
As of August 7, 2026, the exchange spot price of rice in Nigeria is 345.32 NGN / kg, per AFEX.
Staple Prices in Nigeria at a Glance
| Commodity | Layer | Price | Chg | Source | As of |
|---|---|---|---|---|---|
| Rice | exchange spot | 345.32 NGN / kg | — | AFEX | August 7, 2026 |
| retail | 1,905.43 NGN / Kg | +0.63% | FAO FPMA | May 1, 2026 | |
| Maize | exchange spot | 336.99 NGN / kg | — | AFEX | August 7, 2026 |
| retail | 815.83 NGN / Kg | +0.55% | FAO FPMA | May 1, 2026 | |
| Sorghum | exchange spot | 321.63 NGN / kg | — | AFEX | August 7, 2026 |
| wholesale | 40,200 NGN / 100 kg | +0.50% | FAO FPMA | May 1, 2026 | |
| Soybean | exchange spot | 681.25 NGN / kg | — | AFEX | August 7, 2026 |
| Ginger | exchange spot | 990 NGN / kg | — | AFEX | August 7, 2026 |
Reading this table
Exchange prices are bulk wholesale — what processors, feed mills and aggregators trade at. Retail market prices are what households see per kilogram. The gap between the two layers is normal (bagging, transport, margins); what matters is direction and speed. When the wholesale layer moves, the retail layer usually follows within weeks, which makes the exchange prices here an early-warning line for food inflation.
The harvest calendar drives the rhythm: most Nigerian staples are harvested between September and January, softening prices into year-end, while the April–July lean season pulls the other way. The naira and fuel prices set the baseline underneath everything.
Rice Price FAQ
What is the rice price in Nigeria today?
As of August 7, 2026, the exchange spot price of rice in Nigeria is 345.32 NGN / kg, per AFEX. Every figure on this page carries its source, cadence and as-of date.
Why are these prices different from my local market?
These are national reference prices — bulk exchange trades and monthly market observations. Your local market adds transport, margins, and state-level supply conditions. Use these figures for direction and comparison over time, not as a shop price list.
How often are these food prices updated?
Exchange-traded prices update each trading day; retail market prices update monthly on the source's cadence. Every row shows its own as-of date — nothing on this page is undated.