The price of rice is projected to decline by 11 percent in 2025/2026 owing to favourable weather conditions and increased production.
In its 2025 annual commodities review and outlook report, AFEX, a commodity exchange platform, notes that the projection is based on favourable weather conditions,
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Feyishola Jaiyesimi
Feyishola Jaiyesimi covers agriculture and environment trends at BusinessDay, Nigeria’s leading daily newspaper focused on economy and finance. Her stories draw on investigative journalism, and she has been selected for professional training by the US Embassy, Lagos, and Dataphyte. Feyishola holds a bachelor’s degree in Zoology and Environmental Biology from Ekiti State University.
