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Wednesday, November 17, 2021

GOVT TACTICS THAT LED TO PRICE HIKE IN SOUTHEAST

 


It might interest you to know that shipping of commodities  from  China to  Nigeria cost  ₦900, 000 (Naira) For 40ft Container.


Now, to move  the  same  container  from  Lagos Seaport to  Trade Fair Lagos (Within The Same State) Cost N700, 000 (Naira) because the market is predominate by Ndigbo 


Again to move  the same  container  from  Lagos to  South-East Nigeria costs ₦1.2 Million (Naira). Why? The answer is simple, no Seaport in the S/East. 


The one at South-South, Port Harcourt, no accessible federal road from there to Abia and other States. The charges at the other hand is relatively very high. 


-Now add up all the costs and then you will understand the true meaning of Marginalisation.

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