In a major relief for consumers, rice prices have dropped sharply across multiple markets in Lagos State, following a surge in border imports and increased local supply.

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‎Traders and market observers noted that the influx of imported rice has boosted availability, reducing the strain of high food prices that had affected many households in recent months.

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‎This recent development has sparked optimism among consumers and retailers alike, with expectations that other staple food items may also experience price drops as supply chains stabilize.