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Elections: Prices of T-shirts, face-caps soar in Lagos

Freedom Online by Freedom Online
February 22, 2015
in Breaking News, Business, News
0

Ahead of the March 28 and April 11 elections, prices and patronage of polo tops, shirts and face caps have witnessed sharp increases in Lagos markets.
The election is said to be responsible for the sales boom experienced by traders.
The sales boom in the items is not unconnected with the fact that political parties are using the items as part of their campaign materials.
Some traders said that they had made more sales this season, compared to the 2011 general elections.
They attributed the boom in patronage to the apparent fierce competition between the Peoples Democratic Party (PDP) and the All Progressives Congress (APC).
The survey showed a marginal increase in the prices of the items.
T-shirts, which previously sold at N5,700 per dozen now cost N6,000, while the type that previously sold for N4,000 now sold for between N4,200 and N4,500.
Polo tops now sell for N3,200 and N3,500 compared to the N2,700 it previously sold for.
Prices of wool face-caps also increased from N190 to N200 each while cotton face-cap which previously cost N90 has attracted N20 increase.
However, the traders blamed the price changes to increase in foreign exchange and high cost of importation.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.