Business
‘Buhari Has Finally Finished Us’, Nigerians Lament s ‘Pure Water’ Now Sells For N300, N400 Per Bag

Nigerians living in the Federal Capital Territory, FCT, Abuja, have lamented the over hundred percent rise in the price of sachet water popularly known as ‘Pure Water’ .
According to them, President Muhammadu Buhari government has finally finished the masses by taking ‘ordinary’ water out of their reach.
Findings by DAILY POST showed that what is known as a bag of sachet water which contains 20 sachets, is now sold for N200 to N250 by factories while retailers sell for N300 to N400 as against the initial price of Between N80 to N150.
This means that a 50 cl sac of ‘pure water’, which was sold for N10 before now, is now sold for nothing less than N20 to N30 depending on the area.
Resellers such as cold room operators may sell at N240 a bag.
This development follows the trend of minute by minute rise in prices of goods and services in the country currently battling unimaginable inflation.
Some sections of Abuja residents who shared their grievances with DAILY POST lamented that “pure water” has been their saviour due to the unavailability of a reliable supply of safe and hygienic water.
DAILY POST findings further reveal that millions of people in the country, especially in the commercial cities, shanties and rural areas rely on the popular “pure water” for their daily drinking needs.
“Pure water” producers, under the Association of Table Water Producers Association of Nigeria, on Thursday announced they have imposed an increase due to rising production costs.
“Water producers are to sell to their customers if less than 100 bags at N200 per bag,” the notice partly said.
However, some ‘pure water’ companies who spoke to DAILY POST in Abuja all cited the increase in cost of production, saying that they could no longer afford to produce at a loss.
“We can’t continue the way we were going. At a point, many of us wanted to shut down completely but after our general meeting last week, we decided to carry on but not as we use to,” one of the factory operators, who pleaded not to be mentioned, told DAILY POST.
“What is the essence of venturing in a business if instead of making gains you are losing the little one you’ve secured. Prices of raw materials we use for production are now 200 percent higher than what we used to buy them. So the only option to remain in business is to increase the price of the product,” he added.
Nigerians on the streets of Abuja and market places are not happy with the development and are calling on the government to show more concern to the plight of ordinary Nigerians.
June Ibegbulam, who loads taxi in Wuse motor park, said, “My brother, this one tire me. How we wan take survive? Just when we dey talk say we no fit buy food chop again, now water don join food. I stand here under the sun for the whole day. When it was N10, I drink at least 10 to 15 but now, I have to reduce it 5. This government is killing us faster than we expected. Na only God go save us.”
Mama Aminat, a market woman in AMAC Market, said, “Wetin you want make I talk? You no know say everything don spoil? Buhari don finally finish us. The worse you can do to any living thing is to deny them water. Food aside, no one can do without water and that many people can no longer afford ordinary ‘pure water’ is a big problem. I be mama, I get four children. Before, we dey buy 3 bags for N360. But now 3bags na N750. Tell me, how we wan take do am? Na only water person go drink?”
An Abuja based medical expert, who spoke on condition of anonymity, told DAILY POST that the hike in price of sachet water may lead to waterborne diseases and deaths.
According to him, people, mostly those living in shanties and rural areas will now resort to contaminated water due to their inability to afford cleaner water for themselves and members of their families.
He listed some of the most common waterborne diseases to include “Typhoid Fever, Cholera, Giardia, Dysentery, Escherichia Coli (E. coli), Hepatitis A, Salmonella” and called on the current administration to “see to the welfare of ordinary Nigerians,” adding that “if all citizens have access to clean water, these diseases would not exist.”
Business
Why We Sited Our Multi-Billion Naira Automobile Firm Branch in Benin – Skyewise Group CEO

Dr. Elvis Abuyere, Chief Executive Officer and Managing Director of Skyewise Group, an automobile firm, has explained the reason for establishing a branch of the company in Benin City, the Edo State capital, describing the ancient city as “a growing economy full of enormous potential for vibrant youth.”
He added that the company considers Edo State one of the most interesting states, noting that the decision aligns with its long-term vision.
Abuyere, who spoke in Benin on Monday while taking journalists on a tour of the new automobile facility, said:
“We started very small — from Abuja to Lagos and now Benin. It is a joy and privilege for us to have completed this amazing regional office with Skyewise Group.”
READ ALSO:BREAKING: Wike Picks Alabo George For Rivers Governorship
According to him, beyond the automobile business, Skyewise Group is in Benin to invest in real estate, logistics, youth empowerment, and credit management. “Aand also to lend our support to what the Edo State Government is doing, knowing the fact that there is an agenda,” he added.
The young CEO urged youths in Nigeria, particularly those in Edo State, to embrace entrepreneurship, stressing that “we believe it is the future of Africa,” especially Nigeria.
He said Nigeria stands as the giant of Africa and that its youth must take bold steps in the entrepreneurship landscape.
According to Abuyere, to ensure Edo youths actualise their entrepreneurial potential, the company has prepared soft loans to help them start businesses, adding that Skyewise Group is not limited to automobile operations.
READ ALSO:Senatorial Seat: Ogbakha-Edo Warns Against Imposition Of Candidates In Edo South
He said: “More importantly to us is youth empowerment. We want our youth to be empowered, and this is where the Skyewise Foundation comes in.
“We believe the future of Africa is entrepreneurship, and that future lies in the hands of the young people of Nigeria. We want to empower them to stand the test of time, build something meaningful, and reduce unemployment and insecurity in our land.
“I believe we need to begin taking bold steps by refining the mindset of our young people. We need to give them a sense of belonging and direction.
“We have been addressing the liquidity gap in society by providing microloans to support businesses in our environment and in Benin City.”
When asked why he chose Benin City for the multi-billion naira automobile firm, Abuyere noted: “I think this is the first automobile showroom in Edo State where you can see a car lifted from the ground floor to the first floor and beyond.”
Business
JUST IN: Nigerian Filling Stations Reduce Fuel Price After Hike

Nigerian filling stations reduced their Premium Motor Spirit price on Saturday, barely 24 hours after the hike.
Checks by DAILY POST showed that Ranoil, Empire Energy, and other filling stations in Abuja adjusted their petrol pumps to N1,365 and N1,375 per litre respectively, down from N1,440 per litre on Friday.
This means that petroleum marketers dropped their fuel price by N65 and N75 per litre. DAILY POST reports that the move was to attract patronage from customers.
Recall that three days ago, Nigerian filling stations had raised their petrol pump price to between N1,365 and N1,440 nationwide after Dangote Refinery and depot owners increased ex-depot prices to around N1,275 and N1,290 per litre.
According to DAILY POST, while the Nigerian National Petroleum Company Limited and MRS Bovas filling stations raised their petrol price to around N1,365 per litre, others adjusted theirs above N1,440 per litre.
READ ALSO:Drivers Protest Fuel Increase, Raise Fares in Benin
However, with the latest fuel price reduction by Ranoil and Empire Energy, the majority of filling station outlets now dispense petrol between N1,365 and N1,375 per litre.
This development comes as the ripple effect of crude oil prices continues to impact Nigeria’s domestic fuel price.
Brent and West Texas Intermediate crude rose to $114 and $105 per barrel before dropping to $108 and $101 after the filing of this report.
Business
Dangote Refinery Hikes Petrol Price

Dangote Refinery has increased the ex-depot price of petrol by N75.
The refinery announced the increase on Wednesday, hiking the the price from N1,200 to N1,275 per litre.
In the same way, coastal prices have gone up to N1,215 per litre.
READ ALSO:Dangote Sugar Announces South New CEO
This adjustment amid Brent crude trading at $114.80 per barrel marks a 3.15% increase.
DAILY POST reports that Brent crude has increased to $115 per barrel, while West Texas Intermediate rose to $103 per barrel on Wednesday.
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