The price of a bag of sachet water has been increased from N150 to N200, the Association of Table Water Producers (ATWAP) has announced.
The Oye-Ekiti and Ikole-Ekiti Zonal Chairman of the association, Tale Oguntoyinbo, announced this in a statement in Oye -Ekiti on Friday, February 25.
According to Oguntoyinbo, the price increment was necessary for producers to bring quality portable water to the doorsteps 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 keep going 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.”he said
The chairman noted that the decision to increase the price was not easy, but alleged that the 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 are being produced with regular electricity, are selling between N200 and N250 per bag.