Business

Pure Water Price Increased

The Association of Table Water Producers (ATWAP) says it has increased the price of a bag of sachet water from N150 to N200 with immediate effect due to rising production costs.

The Oye-Ekiti and Ikole-Ekiti Zonal Chairman of the association, Tale Oguntoyinbo, announced this in a statement in Oye – Ekiti on Friday.

Mr Oguntoyinbo said the price increment was necessary for producers to bring quality portable water to the door steps of consumers, which was not visible with the current cost of materials for water production.

“Water is important to everybody and water is life, the cost of maintenance, and production costs keepbgoing up everyday.

“In order to satisfy our numerous customers and ensure they have drinkable water on their table, the only option open to us is to increase the price from the current N150 to N200.”

The chairman noted that the decision to increase the price was not easy, but alleged that government had done nothing to assist water producers in alleviating regulating cost of material.

He said that most cities where nylon and other materials for water were being produced with regular electricity, were selling between N200 and N250 per bag.

Mr Oguntoyinbo lamented that water producers, especially in Oye-Ekiti and Ikole-Ekiti axis of the state could not improve the condition of their factories or afford to buy a new vehicle because of paucity of fund.

He, however, appealed to their numerous customers to bear and reason with the association in view of the present economic crisis in Nigeria, praying for better times ahead. CONTINUE READING…

Do you have any information you wish to share with us? Do you want us to cover your event or programme? For Adverts or report call/WhatsApp us on +2348072633727

VAM News

Recent Posts

Transportation Minister Resigns To Join Governorship Race

News Update ​MINISTER OF TRANSPORTATION RESIGNS TO PURSUE GUBERNATORIAL AMBITION ​The Minister of Transportation, Senator…

39 minutes ago

Power Minister Adelabu Resigns, gives reason

News Update THE Minister of Power, Adebayo Adelabu, has announced his resignation from office to…

3 hours ago

Senate authorises Tinubu’s $6bn loan

The Nigerian Senate has approved the request of President Bola Tinubu to go for external…

4 hours ago

Ifedayo LG Chairman Flags Off Roads Grading, Residents Laud Tinubu Over LG Autonomy

THE leadership of Ifedayo Local Government Area of Osun State on Tuesday commenced massive roads…

5 hours ago

Eight Kano Reps dump party, join APC

News Update Eight members of the House of Representatives from Kano State on Tuesday announced…

6 hours ago

Tinubu seeks Approval to borrow $5 Billion

News Update President Bola Tinubu has requested the Senate’s approval to secure external loans totalling…

8 hours ago