Following the high cost of petroleum products coupled with the increase in the Value Added Tax (VAT), consumers in Lagos and environs have decried the astronomical increase in prices of foodstuff, household commodities, candies and biscuits, among others.
Investigations in major markets like Oshodi, Mushin, Ojuwoye, Oloosa and Agege revealed that the increase in the prices of petroleum products and VAT is taking their toll on both buyers and sellers. Many Lagosians who spoke lamented that they are using scarce resources to buy consumer goods and pay for services.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article