Knife prices and supply and demand - African style

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shecky

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May 3, 2006
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http://www.reuters.com/article/oddlyEnoughNews/idUSL0246874220070702

Machete prices in plummet in post-election Nigeria.


ABUJA (Reuters) - The price of machetes has halved in parts of Nigeria since the end of general elections in April because demand from thugs sponsored by politicians has subsided, the state-owned News Agency of Nigeria reported.

NAN surveyed prices in the northeastern state of Gombe and found that a good quality machete was now selling for 400 naira ($3) compared with 800 naira before the elections, which were marred by politically motivated violence in many states.

"A price survey on machetes, which served as a popular weapon among political thugs in the state, indicated ... a drop in the price of the implement," NAN reported over the weekend.

Machetes are primarily used as a tool for farming in Nigeria but they are also popular among political gangsters.
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I like how even the African thugs like to buy quality tools. I guess that if someone else is footing the bill you're better off getting the best tools that you can get your hands on.
 
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