Economic Hardship Hits Petty Traders In Nigeria

Low Patronage Forces Petty Traders to Sell Expiring Products

In the wake of Nigeria’s economic struggles, petty traders are facing a sharp decline in patronage. Many are now forced to sell products nearing expiration at heavily discounted prices to cut their losses.

A growing concern among consumers is the increased likelihood of purchasing expired goods, not necessarily due to negligence by traders but because of prolonged stock retention caused by slow sales.

Some traders who spoke with Economy & Lifestyle shared their experiences, highlighting the difficulties they encounter due to reduced customer spending.

Traders Share Their Struggles with Expired Products

Mrs. Modupe Hassan, a local trader, recalled an embarrassing incident where a customer returned a half-consumed yogurt, complaining it had expired. Upon inspection, she discovered the entire batch she purchased was past its expiry date.

“I trusted my wholesaler and didn’t check the expiration dates. I had to return the products and pay extra for fresh stock,” she lamented.

Similarly, Mr. Phillip Chukwuma, another trader, admitted to selling off products nearing expiration at discounted rates to minimize losses. He noted that most Nigerian consumers do not check expiry dates, which sometimes allows expired goods to circulate unnoticed.

“Sales have dropped drastically. People now prioritize essentials over snacks and soft drinks. To avoid total loss, I sell off items before they expire. Some customers even claim expired drinks don’t affect them,” he explained.

Mrs. Monsurat Salami, a PoS agent, echoed this sentiment, admitting that she regularly consumes expired snacks and beverages without concern.

“Many Nigerians drink and eat expired products without issues. The economy has made people embrace whatever is available,” she stated.

Experts Weigh In on Food Safety Concerns

Prince Ichie, President of the Association of Micro Entrepreneurs of Nigeria (AMEN), highlighted deeper issues beyond expired products. He criticized manufacturers for allegedly compromising product quality.

“Soft drinks in Nigeria today lack their original ingredients. What used to be kola-infused drinks now taste like sugar and artificial coloring. Even fruit-based beverages no longer contain real fruit extracts. This has contributed to rising health issues, including diabetes in young people,” he argued.

He further criticized regulatory bodies for failing to ensure compliance with health and safety standards.

“Many of these products lose their authenticity over time, yet no one is held accountable. Nigerians need to be more vigilant about what they consume and demand better quality,” he urged.

Conclusion: Raising Awareness for Safer Consumer Choices

The current economic climate is forcing petty traders into difficult decisions, including selling off near-expiry products at reduced prices. While some consumers remain indifferent to expiry dates, health experts warn of potential risks.

Raising awareness and enforcing stricter food safety regulations are necessary to protect public health. Consumers are also encouraged to check product expiry dates before making purchases.