A lithium battery that was 3m in February when dollar was at N1700 is currently 3.1m now that dollar is N1100. And you want me to be happy dollar is falling? If the fall is not reflecting in the things you buy, why should one be happy?
@MrOdanz Nothing that goes up in Nigeria ever comes down. Nigerian Economics
@MrOdanz This is not true, brands in the renewable energy sector have reduced their prices. Huge price difference from March and now.
@MrOdanz This is the longest time it has ever taken Nigerian businesses to restock their goods
@MrOdanz Can you imagine ? This here was 5,400 naira about Christmas , it’s for my kid race cars ,bought it last week again for 10, 700 or about it again. I’m at a loss on how to describe Nigeria economy !
@MrOdanz They made huge profit from old stock but dont want to balance it with a loss now.