Dufil Prima Foods Ltd, the producer of Indomie Instant Noodles, has explained why its product costs have decreased after a sharp surge a few months ago.
The corporation ascribed the recent price cut to a considerable improvement in the country’s economy rather than decreased patronage.
Mr. Temitope Ashiwaju, the company’s Group Corporate Communications and Event Manager, confirmed this in an interview with the Nigerian News Agency (NAN) on Saturday in Lagos.
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Ashiwaju underlined the necessity of clarifying any misconception about the product’s recent price modification. He also said that economic realities had an influence on the firm, which had previously resulted in increasing costs for Indomie noodles.
He said: “For a listening company such as ours, we felt at some point in time, against our operational cost to adjust when things started to improve.
“We are not here to rip people’s out. Of course, if you starve people and make the products out of reach, it will also affect us.