Following the recent hike in the price of sachet water, where a bag of sachet water was retailed at #200 per bag and a sachet at #20, the Consumer Protection Council (CPC), Abia State, has waded into the crisis in the Sachet Water Industry, to make a downward review of the various prices.
The Council, which recently observed the hike in the prices of sachet water, carried out a preliminary investigations to ascertain the cause of the increment
According to the statement signed by the Abia State chairman of the CPC, Sir Chidi Nnabugwu, the Council observed that the cause of the hike of sachet water in the state, was due to the price increment of materials for production.
The statement said the development, however, prompted the Council to consult relevant stakeholders in the sachet water business, especially the producers in the state, to strike a balance, in order to have a producer/consumer friendly and uniform price per bag/sachet statewide.
The Council therefore resolved that henceforth, each bag of sachet water will be sold at #136, while each sachet would be sold at the original price of #10 in Abia State.
The statement further warned producers, retailers and consumers to adhere strictly to the aforesaid rules and policies or face the law.
It will be recalled that recently in Abia State, producers of sachet water, popularly called “pure water”, had gone on strike, due to the tremendous increase in the prices of materials, as well as commodities in the market.
On return from their strike action, the prices of the sachet water both per bag/sachet skyrocketed, from #10 to #20 per sachet and from #150 to #200 per bag, leaving everyone, especially consumers no choice than to comply to the recent prices for the product.