• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result

Why do we pay so much for Chinese Food?

Ugodre Obi-chukwu by Ugodre Obi-chukwu
April 3, 2012
in Uncategorized
Why do we pay so much for Chinese Food?
Share on FacebookShare on TwitterShare on Linkedin

In the wake of the foreign airlines vs Firs Class Travellers ruse I found myself also wondering how many more foreign businesses are supposedly ripping us off. From telecoms to transportation to cable tv to school fees to visa fees by mind was on a non stop search for potential rippers. This lead to instant headache accompanied by vicious hunger. At that point I realised I left the most important part out of my thought process FOOD. Chinese food to be precise. Why are they so expensive?

A plate of Chinese food with rice and the usual stuff in Nigeria cost an average of N5,000. That price effectively puts it as a high end meal enough to buy half bag of rice. But is this what it cost elsewhere? In the UK a plate of Chinese food average about £5 (N1,250). In the US it averages about $10 (N1,500) a plate.

In Nigeria businesses offer several reasons why their goods or services are expensive which makes comparisons all the more difficult. But does this justify the high prices? Especially if you consider that some countries consider Chinese delicates low end meals when compared to their Japanese counterparts.

RelatedStories

Independence day – Women, wealth, and the call for financial freedom 

Nigeria slips to 66th position in 2025 Global Startup Ecosystem Index  

May 31, 2025
Developing countries may likely bear the brunt of OPEC’s oil production cuts – IEA

Nigeria, Ivory Coast, and Mozambique set for 10 offshore drilling projects by 2027 

May 5, 2025

It will be hard to get the right answer for the questions so we might as well leave it for our law makers to figure out.

Tags: Consumer GoodsDeepdiveNigeriaPersonal Finance
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

Related Posts

Independence day – Women, wealth, and the call for financial freedom 
Sectors

Nigeria slips to 66th position in 2025 Global Startup Ecosystem Index  

May 31, 2025
Developing countries may likely bear the brunt of OPEC’s oil production cuts – IEA
Energy

Nigeria, Ivory Coast, and Mozambique set for 10 offshore drilling projects by 2027 

May 5, 2025
Nigeria pledges support for BRICS to drive global finance reforms and multilateral cooperation among partners 
Economy

Nigeria pledges support for BRICS to drive global finance reforms and multilateral cooperation among partners 

April 30, 2025
UK,Rwanda
"Japa"

Japa: UK deports immigration offenders and failed asylum seekers to Nigeria and Ghana 

April 27, 2025
IMF Projects 3% economic growth rate for Nigeria in 2025 
Economy

IMF to FG: Stay vigilant, trade tensions may hurt Nigeria’s earnings 

April 23, 2025
Cost of cooking pot of Jollof Rice in Nigeria rises by 13.7% to N12,373
Economy

A pot of jollof rice now costs N25,486 in Nigeria, up by19% in 6 Months

April 23, 2025
Next Post

Why dumping the food business makes economic sense for Dangote

Comments 3

  1. AjanleKoko says:
    April 5, 2012 at 8:14 am

    Obviously you like Chinese food, Ugo:)I think the trick is, Chinese food is positioned as premium. Nothing more to it. Cos, apart from squid and some other exotic stuff which people hardly buy, nothing they use is imported.

    Reply
  2. Ugodre says:
    April 5, 2012 at 8:50 am

    Not really! I am just amazed at the way we treat it as a premium food here.

    Reply
  3. AjanleKoko says:
    April 5, 2012 at 9:05 am

    It might have to do with the lack of variety, coupled with the naivete of our people in food business. There are very few premium Nigerian speciality restaurants, despite our very diverse cuisine. I was in China once, for a week, and they took me to at least 8 speciality restaurants offering food from different parts of the country in that one week. Experienced similar thing in India.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
Zenth Bank
first bank
Zenth Bank








DUNS

Recent News

  • FG seeks 500-meter corridor from governors for tolling infrastructure on four legacy highways 
  • Tinubu commissions 30km Section 1 of Lagos-Calabar Coastal Highway from Ahmadu Bello Way to Eleko 
  • New oil directives won’t fix Nigeria’s operational issues – Expert says 

Follow us on social media:

Recent News

FG increases compensation for Section 1 of Lagos-Calabar Highway from N8 billion to N18 billion 

FG seeks 500-meter corridor from governors for tolling infrastructure on four legacy highways 

June 1, 2025
Tinubu commissions 30km Section 1 of Lagos-Calabar Coastal Highway from Ahmadu Bello Way to Eleko 

Tinubu commissions 30km Section 1 of Lagos-Calabar Coastal Highway from Ahmadu Bello Way to Eleko 

May 31, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics