• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News

Coronavirus: Prices of face masks, hand sanitizers rise by 300%

Abiola Odutola by Abiola Odutola
February 29, 2020
in Business News, Spotlight
Coronavirus: Prices of face masks, hand sanitizers rise by 300%, Corona Pandemic for Nigerian Tech Startups

Face masks and Hand Sanitizers

Share on FacebookShare on TwitterShare on Linkedin

Barely a day after the Federal Government confirmed the first case of Coronavirus in the country, owners of pharmaceutical stores and supermarkets are beginning to exploit the situation, as they increase the prices of face masks, infrared thermometer and hand sanitizers between 150% and 300%.

Already, some of them have ran out of stock of the personal items as the demand for the products  have been unprecedented. A Pharmacist, Tope Oresegun, told Nairametrics that the cost of face masks (a box of 50 masks) in the open market has rose from N700 to N3,500 now.

He said, “As we speak, you can hardly get the stock from major stores. There is an unconfirmed report that some of the hand sanitisers being hawked around are fake.”

MoreStories

Lionel Messi

Messi joins Ronaldo in football’s billionaire club

May 22, 2026
Healthy diet prices jump 12.4% year-on-year to N1,513 in February 2026 — NBS

Healthy diet prices jump 12.4% year-on-year to N1,513 in February 2026 — NBS

May 22, 2026

Manager, Health Havens Pharmacy, Magboro, Ogun State, who prefer anonymity, explained that his pharmacy has also ran out of stock due to increasing demand as residents of Magboro know that the victim went to Ogun State before he was transferred to Lagos.

READ ALSO: Update: Five travellers from China test negative to Coronavirus

He said, “I have also observed that in many stores, the prices have gone up because it is scarce now. The cost of a single infrared thermometer imported from Europe that were sold for N10,000 per unit before now has rose to N25,000 per unit now and it is amazing to know shop owners can take advantage of the situation to make more money.”

Meanwhile, Ogun State government had stated that no fewer than 28 persons that had contact with a 44-year-old Italian, who brought the deadly coronavirus to Nigeria have been identified and quarantined by the government.

The government also said the firm visited by the victim in Ewekoro, Lafarge Cement Factory, had been closed.

Governor Dapo Abiodun disclosed these while addressing newsmen on Friday on the latest development regarding the Coronavirus outbreak in the state.

Abiodun assured residents that efforts were still being made to identify more contacts to checkmate the spread of the deadly disease.

The governor said, “The particular company in question has been practically shut down and they have set up two isolation centres within the premises.

“They have identified all those that have been in contact with this index, totalling about 28. All those 28 people have been quarantined.”

READ ALSO: Coronavirus causes price of Chinese products in Nigeria to soar

The state Commissioner for Health, Dr Tomi Coker, said the unidentified Italian victim fell ill in a cement company in Ewekoro, where he visited for a business after his arrival from Milan, Italy.

The health commissioner, who explained how the Italian victim arrived in the state, said, “In the last 12 hours, the first case of the chronic virus has been identified in Nigeria and the individual was visiting Ogun State.

“The individual is of Italian origin and he is a consultant to the Lafarge, Ewekoro factory.”

 


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Coronavirus
Abiola Odutola

Abiola Odutola

For further inquiries about this article, contact: Email: abiola.odutola@nairametrics.com Twitter: @AbiolaOdutola @nairametrics

Next Post
Access Bank informs customers about changes to Forex requests 

Access Bank makes top 500 global banking brands

Leave a Reply Cancel reply

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

Luis Figo
Luis Figo
rabafast
nairametrics




DUNS

Follow us on social media:

  • ABOUT US
  • CONTACT US
  • PRODUCTS
  • ANDROID APP
  • iOS APP
  • DISCLAIMER
  • CAREERS
  • PRIVACY POLICY

© 2026 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
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics