“We Don’t Have a Choice”: After Skyrocketing Prices, Indomie Reduces Costs of Its Noodles [Video]

Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the stock market.

Dufil Prima Foods Ltd, the maker of Indomie Instant Noodles, has provided insight into the decrease in the prices of its products following a sudden increase a few months back.

The company attributed the recent price drop to the significant improvement in the country’s economy rather than reduced patronage.

Indomie gives reason for reduced prices

Mr. Temitope Ashiwaju, the company’s Group Corporate Communications and Event Manager, clarified this in an interview with the News Agency of Nigeria (NAN) on Saturday in Lagos.

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Ashiwaju emphasized the importance of providing clarification to rectify any misinformation regarding the recent price adjustment for the product.

He mentioned that the company was also …