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Home Business

Sachet water may sell for N100 – Producers

JEO report by JEO report
February 29, 2024
in Business
0
Sachet water may sell for N100 – Producers
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The Association of Table Waters Producers of Nigeria has announced that sachet water popularly called pure water could be sold for N100 each, citing high production material costs.

Members of the association lamented that they face challenges such as the high cost of diesel, lack of power as well as high cost of production, emphasising that the price of water sales reflects the situation of the country.

The manufacturers disclosed this on Tuesday at a press conference on the rising production cost of packaging materials and its effect in Nigeria, which was held in Lagos.

They asserted that for producers to bring quality water to the doorsteps of consumers, they had to pay more.

The association’s President, Clementina Ativie, said, “Pure water is sold for N50 now, and it is even going up to N100 per one. At our own end, there’s nothing we can do. The cost of production is high.

“As of last year December, we were buying materials (nylon) for N1,100 per kg. The 6kg of nylon is now N3,600/N3,700. The cost of treatment is also high. The increase in prices of these materials comes at three times in one week. It is also difficult for us to increase the price of water.

Punch

JEO report

JEO report

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