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TRENDING VIDEO: I sell a portion of cooked rice for N10, with N50 you can eat complete meal – Woman says

A consumer might buy relatively enough rice and beef at her home for N50, an amount that would be difficult to come by in the current Nigerian economy.

Margret Jimoh, often known as Maggi Rice, a Nigerian woman from Ado Ekiti, Ekiti state, has demonstrated that traders may still make money without raising their prices.

The woman said she has been selling cooked rice since 1984 in a BBC News Yoruba documentary. Her rice is interestingly priced at N10 for each portion.

The woman claimed that when she first started out, her meals cost N5 per person, and she had to raise the price to N10.

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She said: 

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“The reason why I started rice at a cheap price is because things are hard enough… I started selling rice at N5 per portion…”

She claims that due to the way she conducts her business without seeking excessive profits, she is known as a friend of the poor.

To demonstrate that what she does is not entirely charitable, the woman stated that even though she sells at a low price, she still makes a profit.

A consumer might buy relatively enough rice and beef at her home for N50, an amount that would be difficult to come by in the current Nigerian economy.

Madam Margret revealed that the work she conducts has always resulted in her being favored. The rice vendor revealed that boiling water had splashed into her eyes, which was one of her obstacles.

Watch video:

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