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Will Lockdown Affect Prices Of Phones In Nigeria? - Phones - Nairaland

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Will Lockdown Affect Prices Of Phones In Nigeria? by Provoker(m): 11:00pm On May 05, 2020
Hi, I really need to know if the prices of phones will increase or decrease after this lockdown.

I intend to get a new phone

4 Likes

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by obi4eze: 11:12pm On May 05, 2020
Yea. It did. The price increased especially for Sammy.

31 Likes 3 Shares

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by yuswrld20(m): 12:03am On May 06, 2020
obi4eze:
Yea. It did. The price increased especially for Sammy.
including slot and jumia

3 Likes 1 Share

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by FromZeroToHero(m): 5:55am On May 06, 2020
Yes o. Almost the price of many things increased. Samsung Galaxy A20s was sold at 53,500 before the lockdown at slot but it is now sold for 62,500. Sumec firman 3800 was sold at 85,000 before lockdown but not sold at 105,000.

47 Likes 2 Shares

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by dyfaze: 6:30am On May 06, 2020
Provoker:
Hi, I really need to know if the prices of phones will increase or decrease after this lockdown.m

I intend to get a new phone

Not even will.. It is affected it... minimum of 25% increment

7 Likes

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by potbelly(m): 8:20am On May 06, 2020
OP... I will advise you hold on a bit cos prices of phone have gone rooftop...

I dont understand why cos since lockdown was in effect I want to believe no phone was imported during that period... unless they are saying underground importation was going on...

Then again... this phones i want to believe are old stock which they must have had before the lockdown... but since no sales they increased prices to try and regain as much profit as possible to the detriment of the buyer...

Na them sabi sha...

169 Likes 15 Shares

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by mkoabiola: 9:11am On May 06, 2020
It has affected d prices oo.


I was at 3C HUB abd slots
...
I had to turn back because d fones were above my budget

Wants to relax a little may b tier eyes go come down

11 Likes 3 Shares

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by toutlemonde: 9:35am On May 06, 2020
Bought Samsung A10s for 52k last week instead of the normal 38-42k price range

8 Likes 1 Share

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by Nobody: 9:49am On May 06, 2020
potbelly:
OP... I will advise you hold on a bit cos prices of phone have gone rooftop...

I dont understand why cos since lockdown was in effect I want to believe no phone was imported during that period... unless they are saying underground importation was going on...

Then again... this phones i want to believe are old stock which they must have had before the lockdown... but since no sales they increased prices to try and regain as much profit as possible to the detriment of the buyer...

Na them sabi sha...

In economics we call that black market. They are Hoarding the goods. Increase in demand of phones and decrease or limited phones available + the ones going to be imported now will be costly, so the phones are sold at a higher price

6 Likes 1 Share

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by seunlayi(m): 9:57am On May 06, 2020
Just manage your current phone

43 Likes 2 Shares

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by AuntRose(f): 11:37am On May 06, 2020
sure it will, Trust Nigerians to top up prices even on commodities that ordinarily doesn't need it.

4 Likes

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by idris646(m): 12:26pm On May 06, 2020
e be like say the man preeq get issue
Re: Will Lockdown Affect Prices Of Phones In Nigeria? by edoairways: 1:35pm On May 06, 2020
potbelly:
OP... I will advise you hold on a bit cos prices of phone have gone rooftop...

I dont understand why cos since lockdown was in effect I want to believe no phone was imported during that period... unless they are saying underground importation was going on...

Then again... this phones i want to believe are old stock which they must have had before the lockdown... but since no sales they increased prices to try and regain as much profit as possible to the detriment of the buyer...

Na them sabi sha...
Lockdown doesn't affect shipment of goods totally however phone vendors would find excuse to increase their price

10 Likes

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by solmus: 1:54pm On May 06, 2020
cool


well technically so, as Dollar - to Naira exchange rate would be affected, so are prices of goods we need forex for, and since oil price crash and low sales of crude oil means we wont be getting dollars for our forex needs anytime soon, expect a long days of price hike, except all the loans Buhari Sinzumoney is begging for pulls through if not eehn!! na die


.

10 Likes 1 Share

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by baillers123: 2:03pm On May 06, 2020
Well, since most phones are made in China, currently, Nigeria is on international lockdown including shipments.. This makes the available product in d market limited. Definitely, their prices will be inflated cos they r limited

35 Likes 2 Shares

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by Opexzy: 2:03pm On May 06, 2020
It's started already...

2 Likes 1 Share

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by swiz123(m): 2:03pm On May 06, 2020
I fear it already has.

I don't know why slot is selling redmi note 8 64gb variant N72,500

1 Like

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by bolaayenimo: 2:03pm On May 06, 2020
No. Rise in dollar price will

15 Likes 1 Share

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by wonuks(m): 2:04pm On May 06, 2020
Yes it has already. A friend bought a new infinix S5 at 77k offline but on Jumia now it's 93k+

2 Likes

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by Slawormir: 2:04pm On May 06, 2020
Damnnnnn niggarrr
Isoright

1 Like

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by wilemer: 2:04pm On May 06, 2020
Provokor:
Hi, I really need to know if the prices of phones will increase or decrease after this lockdown.

I intend to get a new phone.....


depends on economic factors namely exchange rate...imho

1 Like

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by SWORD419(m): 2:04pm On May 06, 2020
Yes sir
Re: Will Lockdown Affect Prices Of Phones In Nigeria? by chuksbaby: 2:04pm On May 06, 2020
Am Planning on Buying A Tab For my Son sef.


Let him enjoy life as he grows.


Yes, Chinonso, chop your fathers money (Who cares)


Hustle while you are young and have kids oh...

33 Likes 1 Share

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by FGonline: 2:04pm On May 06, 2020
FromZeroToHero:
Yes o. Almost the price of many things increased. Samsung Galaxy A20s was sold at 53,500 before the lockdown at slot but it is now sold for 62,500. Sumec firman 3800 was sold at 85,000 before lockdown but not sold at 105,000.
phone,cloths foreign item e.t.c

1 Like

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by TriCee: 2:04pm On May 06, 2020
Yes, borders are closed, airports closed. Hence, importations halted.

As a result of the above, hoarding is the order of the day. Nobody wants to quickly run out of stock when you can't easily restock.

Finally, prices are high now and may even get higher post corona era.

6 Likes 2 Shares

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by Romanoff(f): 2:05pm On May 06, 2020
I am pretty sure it won't be phone on people's minds after this pandemic.

8 Likes

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by Zombiekiller010: 2:05pm On May 06, 2020
Most you bring everything to social media?
Re: Will Lockdown Affect Prices Of Phones In Nigeria? by Joystark(f): 2:05pm On May 06, 2020
Not just phones man.

Things just dey cost anyhow.

1 Like

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by martineverest(m): 2:05pm On May 06, 2020
obi4eze:
Yea. It did. The price increased especially for Sammy.
but Samsung is discounting to heir phones worldwide
Re: Will Lockdown Affect Prices Of Phones In Nigeria? by Galactico4ever(m): 2:06pm On May 06, 2020
What do you expect when our dear naira has crashed

2 Likes

Re: Will Lockdown Affect Prices Of Phones In Nigeria? by Naija246: 2:06pm On May 06, 2020
the increase in price of phones should be the least of your worries.
We have bigger problems, the world’s economy is in a massive decline.
The ripple effects aren’t being felt yet, we all should expect tough times in the future

4 Likes 2 Shares

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