If you are a user or dealer of electrical parts, especially wires and cables in Nigeria, you would have noticed the way and manner of galloping inflation on the cost of these wire. Producing companies of the wires like Cutix, Geoelis, Scan, Cometstar, Coleman and the rest of them has had to increase their selling prices up to 5 times in the past few months.
Inflation has been a problem in the country and this affects the production of building and building products as all the projections made about the prices are prone to change without warning.
Tuesday, 8 November 2016
The rise and rise of electrical cable prices
If you are a user or dealer of electrical parts, especially wires and cables in Nigeria, you would have noticed the way and manner of galloping inflation on the cost of these wire. Producing companies of the wires like Cutix, Geoelis, Scan, Cometstar, Coleman and the rest of them has had to increase their selling prices up to 5 times in the past few months.
Inflation has been a problem in the country and this affects the production of building and building products as all the projections made about the prices are prone to change without warning.
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