Price of Pure Water in Nigeria: 2nd April, 2024

Phote Source: okay.ng

In Nigeria, the cost of pure water has become a pivotal concern for both consumers and producers alike. With fluctuations driven by a myriad of economic factors, understanding the latest price trends is essential for informed decision-making. In this comprehensive guide, we delve into the intricacies of pure water pricing in Nigeria as of April 2, 2024.

The prevailing price of one bag of pure water in Nigeria stands at N350. This figure represents the wholesale rate as stipulated by the Association of Table Water Producers (ATWAP), the governing body responsible for regulating the pricing framework within the industry.

A standard bag of pure water typically comprises 20 individual sachets. This uniform quantity is maintained across various brands and producers nationwide, ensuring consistency and facilitating consumer expectations.

One of the primary drivers of fluctuating pure water prices in Nigeria is inflation. Across several states, the cost has surged, with prices soaring to a minimum of N20 per sachet. This inflationary pressure has exerted significant influence, compelling producers to adjust their pricing structures accordingly.

The economic landscape of Nigeria plays a pivotal role in shaping pure water prices. Recent escalations to N300 per bag can be attributed to the prevailing market rates of raw materials and the overarching economic climate. Amidst supply chain disruptions and heightened production costs, manufacturers are compelled to recalibrate their pricing strategies to maintain viability.

| Quantity | Price (NGN) |

|----------|-------------|

| 1 Sachet | 20          |

| 1 Bag    | 350         |

Note: Prices are subject to variability contingent upon location-specific dynamics and prevailing market conditions.

In summary, the cost of pure water in Nigeria is subject to multifaceted influences, ranging from inflationary pressures to economic fluctuations. As consumers navigate through these intricacies, staying abreast of the latest price updates is imperative for informed decision-making.