It's because of our population nothing more

englishmart:
you're probably right. So why is ours way much cheaper?

Cost of production goes beyond rawmaterials, things like taxes, wages, cost of investment, target margin, loans, price of competitors, income level and other things contributes to the cost of a product and the sales price.

The list there looks more like it was set based on affordability in those markets. The countries with some of the highest per capita income also come top on the list

englishmart:
I guess it's subsidized in Nigeria, or the quality here is very substandard.

the cost of production is lower here. Labour is lower, logistics is lower, etc.

while you are at it whining yourself...put beside it the minimum wage in those countries ...let's make it as simple as possible so u understand

in US Minimum wage at 10$/hr ($1600/month) PepsiPrice($2.29) this means in USA minimum wage will buy 698.68 bottles of coke/pepsi

in Nigeria Minimum wage(30knaira = $65/month) and that's even using official rate of 460naira which isnt the reality price of pepsi($0.36) this means in Nigeria minimum wage will buy 181.15 bottles of coke/pepsi
if u wan use NGN to $ at the real value u will get it, 750naira as at today(u are getting about 111bottles of pepsi)

Purchasing power is everything of what use is it if they sell it at 1 naira but people cannot afford it...

if you still dont understand....research the salary of a Full Director in Nigeria, divide it by 460(again that's being generous) and see how much in dollars someone that has worked actively and tirelessly for around 20years(more in a lot of cases) is earning...

so if cost of pepsi is the deciding factor(which doesnt really make sense anyways ) a full director in Nigeria may not have as much purchasing power as a minimum wage earner in US

post=120764551:








Make una Keep silent with your fake informations.
Anything to degrade Nigeria at all cost,
Anything to put the country in bad light is what trigger people like you..

Water and coloring our foot,
Sorry o, Mr Sodas!
Na dere una dey so.
Awon local foreign people
Orisirisi something.

God bless Nigeria.


You make absolute sense here with your assertion.

You are a bush man. Oga go and drink foreign products and you'll tell the difference. Why bring Nigeria down when she's down already. I drank foreign Heineken once, I cried. To make matters worse our evaporated milk here is.... let me just keep quiet just as you should KEEP KWAYET!

IfnobeGod20:

OP you can't say it is cheaper in Nigeria or 3rd world countries than developed country, until you first ask yourself what is the minimum wage per hour in each country. Nigerian minimum wage is about $0.6 per hour whereas in US is about $7. Something per hour.
Now, go back and borrow yourself sense and never compare the incomparable.
If you've been diligent, you would have considered citizens earning per hour to clear your ignorance.

It's even higher than $7 in some states in the US. The fact remains that, we're not consuming same quality of coke. Fanta is even worse . You'd not want to drink Fanta again once you taste it as someone who comes to Nigeria to visit. It used to be very good but the economic situation has made most companies reduce the quality of their products to remain in business in Nigeria

englishmart:
I guess it's subsidized in Nigeria, or the quality here is very substandard.

Purchasing power at play. That's the difference here. Where Netflix's HD sub in Nigeria is 4k/monthly, it is $19.99/monthly here.

It's about taxation....heavy tax on every bottle of coke consume in those countries...that's why the price is higher

In Nigeria, this tax is about 7.5% ..which is almost nothing

englishmart:
you're probably right. So why is ours way much cheaper?

For example in Belgium/Netherland the minimum wage for restaurant server is around 11 - 13 euros per hours, if you factor that in and the wages for other restaurant staff the price is meant to be high.

Convert the hourly wage of restaurant worker to dollars and see that it is still way below that of Belgium and Netherlands.

In essence, the cost of doing business (taxes and wages and rentals etc) are higher in Belgium and Netherlands than in Nigeria.

Perhaps you dont compare currency purchasing power of naira and other currencies.....what can $0.36 of naira coke orice version and dat of USA $2.29?
Dats N1500.....you think dis amount cant purchase anything in the market today? Beside, the coke they consume there and ours are much different in taste, are u aware if that?

englishmart:
The price of coke in Nigeria is way cheaper than it is in the USA and most developed parts of the world.
Below are the charts that bear the prices relative to countries.

I guess it's cheaper in 3rd world countries.

Lol. They do not make poison in switzerland

englishmart:
I guess it's subsidized in Nigeria, or the quality here is very substandard.

Naira has been devalued several times & the high rate of dollars makes it worse.

Is tge quality the same. That should be your question

MichaelSokoto:

dis is not d real coke u guys have.
Since after d 90s, na poison una dey drink since.

The real coke left late 90s

yes,the quality started dropping....I remember when I bought cola I have forgotten the name,the taste is richer.....the present Coke drink gave me ulcer,not a serious one.

Lol una think say na same quality of coke una dey drink? Foreign coke have a consistent taste while our own na cocortion. Dey play

That US price looks way too high.


https://www.walmart.com/search/?query=coca+cola&&adid=22222222221447661669&wmlspartner=wmtlabs&wl0=b&wl1=g&wl2=m&wl3=482598206588&wl4=kwd-323717301485&wl5=9073716&wl6=&wl7=1026209&wl8=&veh=sem&gclid=CjwKCAiA0JKfBhBIEiwAPhZXD8e8NzS46ObFtMrzawOy4d6ymrajRIItGB25AhRsdOU_iz56_0obnRoCBYgQAvD_BwE&gclsrc=aw.ds

post=120764551:








Make una Keep silent with una fake informations.
Anything to degrade Nigeria at all cost,
Anything to put the country in bad light is what trigger people like you..

Water and coloring our foot,
Sorry o, Mr Sodas!
Na dere una dey so.
Awon local foreign people
Orisirisi something.

God bless Nigeria.


You make absolute sense here with your assertion.
Bless up sir.


IfnobeGod has said it all.

Nigerians will take hunches over facts any day any time.

You are missing the point bro. What is $2.26 to a person in the US is the main issue as opposed to what $0.36 is to the average Nigerian

englishmart:
you're probably right. So why is ours way much cheaper?

buying power has a role but I still doubt the volume across countries is the the same.

englishmart:
I guess it's subsidized in Nigeria, or the quality here is very substandard.

Very substandard quality.

This is shocking and embarrassing.... Minimum wage is higher in South Africa and price of coke is cheaper.

Angel Gabriel why did you make me to be born in Nigeria?

That's an average of $0.56 cents for a can.
How is the chart showing over $2!

Nigerians don't reason and verify info before they start arguing senselessly.

D story dat someone tried importing our coke to sell abroad because its cheaper is actually true... The country regulatory body refused because d standard differs, the man ended up taking Coca-Cola to court I think I can't really remember

Raw material and taxes differ.

By the way, the taste of coke is not the same everywhere. I tasted South African coke from SAB Miller and it tasted much better than what they sell here in Nigeria.

Have you considered the minimum wage between the 2 countries?
This Op dey yan Otobo.

There is different coke recipe for different regions.The amounts of sugar intake for Africans differ from European and Americans.you cannot export Nigeria coke to Europe without their country acceptance likewise theirs here.
Nigerians are the problem of Nigeria. Despite the high tax the Nigeria government place on this companies here, they still decided to make the price cheaper without altering the quality but you people here still saying the price too cheap and if they decide to increase the price, you will be shouting APC government is bad.
Note: there is different type of Cokes here too.
Normal coke
Low sugar coke
Zero sugar coke.

There is different coke for different regions ...maybe not substandard but you get it tho [/quote]

Kharol1234:
Na tasty time we they drink for naija here no be coke..

whether in USA or Sudan .....coke is bad.and it even worse in developed countries cos their contains a lot more sugar

post=120764551:








Make una Keep silent with una fake informations.
Anything to degrade Nigeria at all cost,
Anything to put the country in bad light is what trigger people like you..

Water and coloring our foot,
Sorry o, Mr Sodas!
Na dere una dey so.
Awon local foreign people
Orisirisi something.

God bless Nigeria.


You make absolute sense here with your assertion.
Bless up sir.


IfnobeGod has said it all.

Oga keep shut if u don’t know what to say. U are ready to say anything just to show your fake patriotism for this country. Darling daddy crooner!

What those guys said is true! Foreign Coke tastes better. I guess u wouldn’t know because u have never tasted it before because all u know is grill vultures

einsteine:
Raw material and taxes differ.

By the way, the taste of coke is not the same everywhere. I tasted South African coke from SAB Miller and it tasted much better than what they sell here in Nigeria.

whether it tastes better in South African or USA,coke in USA is as bad as those in Sudan,Burkina Faso.....intact,coke in Nigeria is even better than those on western world,cos Nigerian own contains less sugar

englishmart:
you're probably right. So why is ours way much cheaper?

Dear pessimist, you’d be happier if it were more expensive right?

So you’ll have something to whine about.

I guess the electricity generated in Nigeria is fake that’s why it’s cheaper likewise cigarettes and beer. 🤷🏽

What we are drinking in Nigeria is colorine and sugar ...
It's suppose me 0.50 cent sef

Konjiboii:
Lol una think say na same quality of coke una dey drink? Foreign coke have a consistent taste while our own na cocortion. Dey play

the concortion is far healthier tho