A businesswoman, Amber O.I. has lamented over the unending increase in prices of goods in the country, saying that it is ruining her business.
She took to X on Monday, Nov. 11, to write: “On Saturday I supplied 50 cartons of Malta Guinness for N13,500.
My gain per carton was N500. Meaning I profited N25k.
“Today I went for restock and they’re telling me it’s now N15k cost price per carton. Meaning I will add extra 75k to restock the 50 cartons. Economic reforms una.”
She added: “The fluctuations are scary. You’ll think you made profits until you go to market to restock.”
People have been reacting to the post.
Chief Ome Ego, tweeting with @EmmyInteriors, wrote:
“My sister… Business no sweet again for Nigeria… My container just arrived port on sat, from 18million as of on Thursday, has increased to 35m on sat last wk and I hear by morro it will add anoda. How much did I use n buy the curtains n bedsheets inside d container? Haba”
@ENIOLANIMI30: “This is exactly what business owners are going through.I still can’t restock since late August cos the price of goods keep going up and bills won’t stop coming. Yesterday I still chatted with my supplier, price has increased again! I’m tired 😔”
@LawalBabatu: “This is why I disdain anyone who blames a business person for selling old stock at current market prices. Would you have sold those goods at that old price? Definitely no. You’re to bear a loss cos of unstable market prices.”
@masurge7: “Anyone saying so is unintelligent or just plain selfish”
@domejike: “Holy Mary! You mean Malta Guinness is/was N13,500? This was a brand I used in my wedding in 2021 I bought a carton for N3800. My God!”
@masurge7: “Go price am now sir”
@okaforndubest: “Tinubu is in charge of economy. Shettima is in charge of security. Are u not aware?”
@papiJayIvieDenz: “Just a gap of a day, what transpired on Sunday that affected the increase on Monday? 9ja hmm”
@masurge7: “The fluctuations are scary. You’ll think you made profits until you go to market to restock.”
@dannychukz36: “1) Always make calls to confirm prices before selling
2) Immediately the customer pays for the drinks, quickly book down by transferring to your supplier.
No need to keep the money in your account beyond 30mins.”
