The tech experts, in separate interviews in Lagos, said the high cost of laptops had greatly affected patronage. Mr Austin Agbakor, the Chief Executive Officer, Software Shop Ltd., said the era of COVID-19 had popularised remote working, which had, in turn, increased demand for laptops. Agbakor said that the increased demand for laptops is, however, not accompanied by increase in its supply. According to him, the unstable foreign exchange rate is responsible for making supply of laptops less than demand. “Inflation is our major problem and I believe some dealers may run into huge losses and indebtedness due to the unstable exchange rate.

Source: Nigerian Tribune July 26, 2023 03:42 UTC