Price of sachet water rises by 50% in Ilorin
The price of sachet water popularly known as ‘pure water’ has increased by 50% in Ilorin as the producers now sell a bag N180.
A bag of sachet water which was until recently N120.00 now sells for N180.00 while the retailers are selling a sachet for N15.00 as against the former price, N10.00.
Sachet Water Producers said the hike was due to inadequate power supply and the consequent increase in the cost of production in the Ilorin metropolis.
While justifying the hike, chairman of Hi Merit Water, Deacon Timothy Agboola was quoted saying the hike was due to inadequate power supply and the consequent increase in the cost of production.
“We have been producing at little or no profit. There is an increase in the cost of production materials and the diesel we are using to power our equipment does not come cheap.
“Our consumers should please understand that this is not our fault; it’s because we want to maintain our standard in producing clean water.”
