The Association of Table Water Producers 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, Mr Tale Oguntoyinbo, announced this in a statement in Oye -Ekiti on Friday.
Oguntoyinbo said that the price increment was necessary for producers to bring quality potable 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 keeps going up every day.
“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 the government had done nothing to assist water producers in alleviating regulating the cost of materials.
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.
Oguntoyinbo lamented that water producers, especially in the 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 the paucity of funds.
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.
(NAN)
