Sunday, January 25, 2009
Sample of a few grocery items and the cost here in Lagos
I ran out of cereal so I made a trip to Goodies Supermarket to pick some up, along with any other items that might catch my eye. I ended up spending $10 on cereal, $6 on Crystal Light (4-pack) and $5 on Nesquik chocolate drink mix.
To determine the US$ equivalent, I used the current exchange rate of 150 Naira to the US dollar. A few months back the exchange rate was about 120 Naira to the US dollar. If I bought these items a few months ago it would have set me back $26, but this week it set me back a whopping $21. I think this would have cost about $14 if I had bought it in the US.
This grocery chain is owned by some Lebanese people. I sure wish my money was going into the hands of Nigerians!