‎Neighborhood watch report: The price of rice in my area (September 2025) ‎steemCreated with Sketch.

in Steem4Nigeria5 days ago

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‎Rice don cost oo. December is coming. We're in the 3rd month of 2026. The Price of goods is not stable. So in this neighborhood watch, I want to share the current price of goods in my area. You can ask well compared to the price in your location.

‎As of last September, a bag of rice was sold at 90 to 110. Let me break it down depending on their category.

‎The price started from 70k to 80k, but in December, a bag of short grain rice was sold at 92,000 to 95,000. While Long grain tops up to 110,000 to 120,000 per bag.

‎December price 2024
Long grain
‎50kg -120,000
‎25kg - 60,000
‎10kg 24,000
‎5kg 12,000

‎Short grain
‎50kg 92,000
‎25kg 45,000
‎10kg 18500
‎5kg 9200

‎There's also a mini size
‎10kg 18000
‎5kg 9,000
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‎January to April 2025
‎Long grain

‎50kg 91,000
‎25kg 45,000
‎10kg 18,000
‎5kg 9000

‎Short grain
‎50kg 65,000
‎25kg 34000
‎10kg 13,000
‎5kg 6,500

‎But after the new year, the price of rice dropped from 90,000 to 60,000 for short grain, while the long grain dropped from 120,000 to 85,000 to 90,000.
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‎3 months ago I sold short grain 50kg at 65k and long grain at 90k. But currently, the price has climbed as we head into the end of the year.

Current price of rice -September 2025
‎Long grain 95,000
‎Short grain 76,000

What is this supposed to tell you

‎Many people shop ahead of time. My neighbor had started buying chicken for their Christmas celebration. Some people are making plans ahead of time. We never know what will happen in the next 3 months but judging from the past price action.... We're likely to buy rice at 80k to 90k in December.

‎If there's something you'll need in the next 2 to 3 months before 2026, this is the time to plan and execute because as we step into December, the price of goods will be on the high side. In trading, we use past price action to predict the future. I believe that's exactly how it will play out.


‎So this is a time for you to buy as many items, food stuff, garri, rice, beans. à If you're a business owner, you can purchase the quality you can avoid. If you buy for consumption, make sure you seize this opportunity to stock your house with foodstuffs.

‎My neighborhood is reporting the price of goods in Lagos state, Nigeria.

‎Thanks for reading stay safe

‎Cc;
@xkool24
@lupega
@emmabritt
@gertu
@onyii03

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 4 days ago 

The price hike of rice this September in Nigeria paints a clear picture of our economic reality. Families are struggling to balance their meals and expenses. Discussing it in our neighborhood watch report is a good way to express our concerns and show the need for urgent interventions.

 4 days ago 

Bro last yeah was mad....... The worst part is Lagos. Not just about rice, but the general market. I can tell that though the price went down after the December celebration.... But other foodstuffs are still at the standard price..... I just feel like anything you feel you should buy... Bro na chance because you'll see double the price but the same quality and quantity within grew weeks. Thank you for stopping by.

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Though it's still expensive. However it's better than what it used to be.
I'm glad that we can get a cup of garri for 100 naira.
I swear the market is improving gradually.

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