Fuel Subsidy: Nigerians Groan As Rice Prices Surge 123%, 50kg Sells For ₦130,000
Nigerians are now paying around N105,000 for a 50kg bag of locally-produced parboiled rice, surpassing the new minimum wage of N70,000. This rise follows the removal of the petrol subsidy and the devaluation of the naira, pushing local rice prices up by 123% over the past year. Imported rice has also become costly, with a […]
28 Oct 04:47 · Naija News