Difrent:


By December the price go crash back to 14-15k


How?

This seasons rice would have been harvested and there will be surplus thereby crashing the price

just as they promised us that a litre of fuel will cost 45naira,one naira will b equal to one dollar .keep deceiving urself this is Nigeria my blother

Difrent:


By December the price go crash back to 14-15k


How?

This seasons rice would have been harvested and there will be surplus thereby crashing the price

You may have to spell out assumptions to this expectation though. Like:
If the produce gets to the market via good roads.
If the supply eventually surpasses our overall demand for local rice.
If consumer taste shifts from foreign to local rice drastically and not marginally.

Thank God, Nairaland is now returning to it's past GLORY.

Sensible posts are now making it to the front page

The truth in this matter is that there is no APC market or PDP market, we all are going to the same market to buy things. Both hailers and wailers of the rigim.

u all were warned during d election. iuna think say na ethnic supremacy showtime be that. n 1983 people stood in line to buy bread. now same buhari has brought hunger upon d land again. all ethnic groups dey suffer am. una nevea see anything yet

William5432:
Honestly, i have gone for local rice like the president planned.

Am really enjoying it and wish they never open those borders. Our farmers are doing great and Thai rice never left them a slut.

Well, if you haven't listen to Teni's New EP "Billionaire", you're missing a lot, Download Now!

Rice still dey enter bro..forget closure. The FG is just allowing smugglers make insane money cos the rice don't even come in through the official borders in the first place.

Here at Nassarawo (a border town with Cameroon) Maiha LGA, Adamawa State a 50kg bag of cap foreign rice is #11,500, is been so for the pass three month. Then in Yola Adamawa State is #14,500. But buying from the border and shipping it with #1,000 to Yola is more cheaper. Then to ship it to places like Jos is #3,000.

babyfaceafrica:
some of these local rice are very good

is it by force to eat local rice,I guess Buhari eats uncle benz rice,we don't have d facility to produce standard rice in mass,no country has it all,foreign countries import yam,cassava from us which we can conveniently handle,and they export rice to us,again u cant have it all,we are not ripe for this,imagine what it will cost Toyota to produce thier cars here,to do this Toyota will have to provide thier own security,electricity,raw materials etc,if they do this ,to buy a locally produced Toyota Camry 1989 model will cost us nothing less than 18m naira knowing fully well that if we import a 2005 toyota Camry we will get it at a cost of 12m,I studied economics,most kids here shouting bubu and d bubu himself knows nothing about comparative economics,including oshoomole ,its d poor masses I pity,how did we get here.pls nobody should mention China here,I know d history of China and what d govt put in place before they blocked thier borders .life is give and take,u cant take and take or give and give.u cant have it all

Here in Borno a bag of rice is still between 5k to 6k,I have so much quantity, but the problem is dat there are few buyers,I want buyer to come from various part of Nigeria to buy rice from us in Borno,pls u people should come o.local rice goes for 2k for 2 bags and one jara

Iliyasdass:
Due to the current border closure, the price of a bag of rice has projected tremendously.. So how much is the current price of a bag of rice in your current location?

sokoto 12600 naira only... living in the north rocks

/
I can't wait to see it at N100k.

I love this NextLevel.

/

baski92:
sokoto 12600 naira only... living in the north rocks

and u think Nigeria is sokoto?

Deltatoto:
i bought cap rice 26k today

I bought today too for 24k with plenty I beg I almost kneel down for the woman sef

Buhari Don finish us

20,500

osazsky:
Here in Borno a bag of rice is still between 5k to 6k,I have so much quantity, but the problem is dat there are few buyers,I want buyer to come from various part of Nigeria to buy rice from us in Borno,pls u people should come o.local rice goes for 2k for 2 bags and one jara

Sir we can do business together o call me its discuss 07039897573

InvertedHammer:
/
I can't wait to see it at N100k.

I love this NextLevel.

/

me too,I want the masses to suffer,since am well doing.and I pray Buhari rules us till 2050 this will give me great joy,,,atleast just to get back to the people that brought us here,one die hard apc supporter in my office has been living like a mad man after his wife put to bed,e nerver buy baby food for two months e don they borrow from Peter to Paul,d guy na junior staff anytime I see him begging or looking for were to borrow or filling cooperative form I immediately get an erection cuz I warned him during d elections but he kept deef ears

Ultralexo:

Sir we can do business together o call me its discuss 07039897573

my shop is adjacent to sambisa forest when am I expecting u sir

Shibaraba:
Eeeeewooo

And I stupidly gave out a few bags to friends for my popsy remembrance. If I had known

Were you not the 'Teacher' dey humbled with words in an earlier post ? U don cum here dey light anoda one.

Nor be pesin wey get money dey price bag of rice? Bros na measure i dey measure

This rice issue is a serious one but no one is taking it up sadly! How long do we continue like this? Just when I started buying foodstuff my self....I’m so sad!

Iliyasdass:
Due to the current border closure, the price of a bag of rice has projected tremendously.. So how much is the current price of a bag of rice in your current location?

17k high quality foreign rice .50kg .
Local rice (very good quality)110-120kg is 30k here in sokoto

Okoko. Foreign:24k Local:21k

By December it will be N40,000. Thanks to Buhari and his supporters

Here is 14k

William5432:
Honestly, i have gone for local rice like the president planned.

Am really enjoying it and wish they never open those borders. Our farmers are doing great and Thai rice never left them a slut.

Well, if you haven't listen to Teni's New EP "Billionaire", you're missing a lot, Download Now!

which of the local rice did you buy?

William5432:
Honestly, i have gone for local rice like the president planned.

Am really enjoying it and wish they never open those borders. Our farmers are doing great and Thai rice never left them a slut.

Well, if you haven't listen to Teni's New EP "Billionaire", you're missing a lot, Download Now!

which of the local rice did you buy?

From ilesha osun state its 26k

I still price it today. Nigeria rice 21k at Okoko

Iliyasdass:
Due to the current border closure, the price of a bag of rice has projected tremendously.. So how much is the current price of a bag of rice in your current location?

Ultralexo:

Sir we can do business together o call me its discuss 07039897573

And you just fell for that joke right? I pity you

I ve shifted my base to spaghetti and macaroni. I pity those who cannot do without rice. Let the farmers produce more food garri, yams and others
This country Nigeria will be a better place for us

[quote author=Oloki post=83083239]20-22k here at the border[/quote
which of the border?

Businext:

From Rhythm FM market survey
It's 22k

foreign or local?