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Why The Price Of Rice Is Falling In Parts Of Nigeria

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Manage episode 479695614 series 3303024
Content provided by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Rice prices are falling in parts of Nigeria, with a 50kg bag now selling between ₦60,000 and ₦63,000 in places like Lagos, Ogun, and Niger states.


In a country battling widespread inflation, this rare price drop raises questions about whether true economic relief is finally on the way.

In today’s episode of Nigeria Daily, we look into what’s driving this trend by speaking with sellers, analysts, and everyday Nigerians.

  continue reading

965 episodes

Artwork
iconShare
 
Manage episode 479695614 series 3303024
Content provided by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Rice prices are falling in parts of Nigeria, with a 50kg bag now selling between ₦60,000 and ₦63,000 in places like Lagos, Ogun, and Niger states.


In a country battling widespread inflation, this rare price drop raises questions about whether true economic relief is finally on the way.

In today’s episode of Nigeria Daily, we look into what’s driving this trend by speaking with sellers, analysts, and everyday Nigerians.

  continue reading

965 episodes

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