“Sachet country!” – Nigerians lament spiking poverty rate and low buying power

Nigerians on social media have lamented the increasing poverty rate and low buying power of citizens that is resulting in most brands unveiling handy and cheaper versions of their products

“Sachet economy is not innovation. We are poor,” a Twitter user with the username, @MsTariah tweeted on Monday 17th November 2020. This sentiment mirrored that of many others.

In case you are wondering, there is almost a sachet version for every product in Nigeria. Popular Twitter influencer, @DrOlufunmilayo exclaimed:

Also read: Nigeria Is Not An Oil Economy, Nigerians Need To Pay Taxes- Kemi Adeosun.

Why is this happening? The answer is obvious, “Almost everything is in sachet because 80% of the country’s population cannot afford regular family size products. I’m afraid this country might never get better,” @Sxmto tweeted. A comment under this tweet even argues that the percentage is higher than 80%.

The discourse was ignited by a user posted a picture of the luxury alcoholic beverage, Baileys, in a satchet. It certainly appears to be a conversation worth having. Chipping in, another Twitter user, @_SirWilliam wrote:

“Nigerian purchasing power is in the gutter, the middle class doesn’t exist at this rate. Not all companies will agree to that sachet nonsense, many will leave ( have left). Seeing sachet products all your life is a sign of institutional abuse, and we can’t remain docile.”

It wasn’t all gloom on the topic however, as some users attempted to make lighthearted jokes of the situation. For example, sooner tweets:

Photo of author

About The Author

Obinna

Obinna is a fiction writer from Lagos, Nigeria, and grew up loving comic book characters and superheroes. He watches lots of action films and writes entertainment and technology articles. He is also interested in science and how things work.

20 thoughts on ““Sachet country!” – Nigerians lament spiking poverty rate and low buying power”

  1. Pingback: Uodiyala
  2. Pingback: ufabtb
  3. Pingback: ??
  4. Pingback: important source
  5. Pingback: sbo
  6. Pingback: plus d'info
  7. Pingback: block screenshot
  8. Pingback: sbobet

Leave a Comment

Sidomex-Entertainment

SidomexEntertainment is your one-stop-shop for news, entertainment, fashion, music, sports and lifestyle. We provide you with the latest breaking news and videos straight from the entertainment industry.

Follow Us
%d bloggers like this: