Nigerians now buy a 50kg bag of local parboiled rice for an average of N105,000, higher than the country’s new minimum wage of N70,000, according to BusinessDay market survey. Since the removal of petrol subsidy and devaluation of the naira, the price of local parboiled rice, a key staple in th
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp