Rice ranks second among Nigeria’s most critical products, serving as a dietary mainstay across urban and rural areas. Despite efforts to boost local cultivation under government agricultural programs, Nigeria still relies on imports to meet domestic demand, exposing the sector to foreign exchange pressures and global price shifts.
Rising rice prices have forced households to reduce consumption or switch to alternative staples like maize or millet. Analysts note that rice price inflation has significant social consequences, particularly for lower-income families. According to the Nigeria Bureau of Statistics, rice contributes to nearly 12% of household food expenditure in urban centers.
Experts urge more investment in irrigation, mechanised farming, and supply chain improvements to ensure consistent production. “We can achieve self-sufficiency in rice if infrastructure and policy support are sustained,” says agricultural economist Dr. Ifeanyi Okonkwo.