Sachet Water Price Skyrockets To A Sachet/N20, Bag/N150

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Auto DraftThe price of Sachet water, popularly called Pure Water has skyrocketed, making it impossible for the common man to afford it. This is happening as a result of lack of foreign exchange to import machinery and other production materials.
A bag of the product, which usually contains 20 sachets and which was initially sold for N100, now goes for N150, while a sachet has increased from N10 to N20 per sachet.
The wholesalers attributed the increased cost to the scarcity of dollars and the resultant depreciation of the naira.Auto DraftWe believe that an economy without the availability of credits is destined for failure or stagnancy.”
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