Why Ist That Smartphones Are Very Expensive In Nigeria - Phones - Nairaland
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| Why Ist That Smartphones Are Very Expensive In Nigeria by mubarakyoung: 7:14pm On Feb 28, 2022 |
I sell new and second hands phones/smartpho.,.. And i come to realization that in naija phones are so expensive compared to other neigbouring countries |
| Re: Why Ist That Smartphones Are Very Expensive In Nigeria by Nobody: 9:21pm On Feb 28, 2022 |
Devaluation of the naira. 4 Likes |
| Re: Why Ist That Smartphones Are Very Expensive In Nigeria by OlofofoAdugbo1: 1:47am On Mar 01, 2022 |
Exchange rate of naira to dollar is ever on the increase |
| Re: Why Ist That Smartphones Are Very Expensive In Nigeria by paduzman: 1:51am On Mar 01, 2022 |
Exchange rates should be the major reason I believe. |
| Re: Why Ist That Smartphones Are Very Expensive In Nigeria by oz4real83(m): 5:46am On Mar 01, 2022 |
Our naira keeps dying, all thanks to a purposeless and vision less govt and it's policies. Before Gej left govt, it was about N200-N250 per dollar. That means that an iphone of $1000 will be roughly N250,000 in Nigeria. Now comes PMB's govt where a dollar is roughly N570-N600!!!. That same iphone of $1000 will now be N570,000-N600,000. The prices in dollars haven't changed but our Naira keeps going downhill every second. 1 Like |
| Re: Why Ist That Smartphones Are Very Expensive In Nigeria by Kayconcept2(m): 9:35am On Mar 01, 2022 |
Exchange rate issues. And the cost producing a unit has gone up |
| Re: Why Ist That Smartphones Are Very Expensive In Nigeria by tunjilee003: 12:07pm On Mar 01, 2022 |
our currency is undervalued in the market that the reason for high increase in prices of phones... |
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