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N5 can no longer purchase any item as economy bites harder

A couple of months back, N5 still had great value and purchasing power. But now, it is almost useless because it can hardly buy any item – even the minute ones like tomtom. It is quite unfortunate that the recession the country is passing through has made prices of all commodities skyrocket. It is almost impossible to buy an item for the same price even a day before.

ENCOMIUM Weekly revealed that most of these items now go for N10, N15 or even N20 per unit. We present you a list of the items and their current prices…

Class             Commodity per unit       Before (N)         Now (N)

Sweet                   Tomtom                               N5                                          N10

Baba Blue                            N5                                          N10

Splash                                   N5                                          N10

Choco Milo                         N5                                          N10

Buttermint                          N5                                          N10

 

Biscuit                   Pepper snack                   N5                                          N10

Digestive                             N5                                          N10

Speeddem                          N5                                          N10

Cabin                                    N5                                          N10

Coaster                                 N5                                          N10

 

Seasoning           Knoor cube                         N5                                          N10

Ajinomoto                          N5                                          N10

Doyin cube                         N5                                          N10

Chicken flavour                 N5                                          N10

Suppy cube                        N5                                          N10

 

Water                   Sachet water                     N5                                          N10

 

School Material                  Pencil                                 N5                                          N10

Eraser                                 N5                                          N10

Sharpener                         N5                                         N10

Encomium

Written by Encomium

A media, tech and events company.

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