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