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Price of 50kg local rice rises 20.5% to N112,000 —NBS
Business · Vanguard ·

Price of 50kg local rice rises 20.5% to N112,000 —NBS

The National Bureau of Statistics reports that the price of a 50kg bag of local rice has increased by 20.5 percent. The commodity now sells for 112,000 Naira, reflecting a significant rise in food costs across Nigeria according to recent data released by the government agency.

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