A Nigerian man expressed bewilderment after visiting a tricycle shop and discovering the exorbitant cost of purchasing one. He shared his dismay in a TikTok video posted by @unclenasco, where he had gone to serve as a guarantor for someone interested in a hire-purchase arrangement.
Lamenting that tricycles are now financially out of reach for the common man, he questioned the escalating challenges, stating, “Keke is now sold for 2.6 Million Nigerian Naira, and 1 dollar is now 1,800 Naira. Things are getting worse every hour of the day. Is this how we are going to continue?”
The man speculated that the surge in prices could be attributed to the scarcity of US Dollars.
Reactions as man laments high cost of tricycle …
@Agbawo said: “Wetin dey keke way we no fit manufacture for Nigeria? It is time for us to move to manufacturing.”
@Narsty1120 said: “I bought keke in 2022 for 1.2m”
@Ken said: “I bought this same Keke for the purpose of a higher purchase in 2020 at the cost price of 630k.”
@Genuis_Starseed saod: “Last two weeks cement Was 5,800; today 11,500. Having a dollar then and selling it now will give you the same purchase power.”
Watch video below …
@unclenasco_Keke is now sold for 2.6 Million Nigerian Naira and 1 dollar is now 1,800 Naira. Things are getting worse every hour of the day. Is this how we are going to continue? 🥲🥲 #trending #viral #reality #happening #keke #nigeria #costofliving #price
♬ original sound – Nasco