Residents of Owerri and Umuahia, the capital cities of Imo and Abia in the South-East, have decried the continued rising cost of foodstuffs and general inflation in the country.
Following the recent rebound of the naira against the dollar, the price of a 50 kilogramme bag of rice has dropped to an average of N67,000 in Lagos, Abuja, Ogun, and others, from about N90,000 in February 2024.
Nigerians have reported a rise in the price of rice, with many brands selling close to N100,000 per 50kg. However, some retailers have identified cheapest brands
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