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!
7 comments:
Rachel and I went to the grocery store so I checked and Special K in Aspen = $4.29.
And you thought Aspen was expensive ; )
You are right about prices - I pay almost $1000 Naira, (at Goodies) for a box of PopTarts every week for Dave!
Take care,
Suzanne
Lol...... I believe you guys are going to the wrong place. Goodies is too expensive. Have you tried Shoprite, or some of the corner stores 'run' by Nigerians?
http://www.patrickegwu.blogspot.com/
Agree with Patrick. Park n shop is slightly less expensive...for nigerian owned stores however, you might check out Okoli in Dolphin Estate, Ikoyi
My Dear I feel your pain. I spent months in Nigeria with my husbands family and to my dismay the prices were outrageous. They cost the same at the local markets as well because they are imported goods. That is why we are preparing to open a distribution warehouse in Lagos like Costco or Sams Club. It will be owned by Nigerians and African Americans. We will drive the cost down by selling bulk to members
The Indians/Lebanese that own these companies are mostly Nigerian Residents and Citizens. Rest assured that the money stays in Nigeria.
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