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IPhone 17 Pro Max: $1,200 Global Price Tag Soars to ₦4.2m in Nigeria – Greed or Grim Economics?

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Apple’s newly unveiled iPhone 17 Pro Max, launched at $1,200 (roughly ₦1.8 million at current exchange rates), has sparked outrage in Nigeria as local vendors list the device for as high as ₦4.2 million – more than double its international retail price. With the global pre-order frenzy kicking off on September 12 ahead of the September 19 release, Nigerian tech enthusiasts are grappling with a burning question: are vendors exploiting demand, or are import costs truly to blame?

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Apple iPhone 17 models are displayed during Apple’s “Awe-Dropping” event at the Steve Jobs Theater on the Apple Park campus in Cupertino, California, on September 9, 2025.

Announced at Apple’s “Awe Dropping” event on September 9, the iPhone 17 Pro Max boasts a 6.9-inch Super Retina XDR display with 3,000 nits of brightness, an A19 Pro chip with 12GB of RAM, a 48MP triple-camera system with 8x optical zoom, and a record-breaking battery offering up to 39 hours of video playback. Priced at $1,199 for the 256GB model in the US, it introduces upgrades like Ceramic Shield 2 and 40W fast charging, positioning it as a must-have luxury gadget. Yet, in Nigeria, the price has ballooned to levels that have ignited fierce online debates.

A viral X post by tech influencer Pharaoh (@MrMekzy_) captured the frustration, garnering over 9,000 likes: “iPhone 17 pro max is $1200. Nigerian vendors are selling it for 4.2 million Nigerian naira.

” The post unleashed a flood of reactions, from memes mocking the markup to demands for government action on import duties. Some vendors justify the ₦4.2 million price, citing Nigeria’s economic realities. “Customs duties, shipping, and exchange rate volatility push costs way up,” said a Lagos-based importer, speaking anonymously. With the naira at approximately ₦1,500 to the dollar and customs duties on electronics often exceeding 20%, vendors claim that freight, taxes, and pre-order financing can double the base cost. “We take loans to secure stock early. That’s not free,” the importer added.

Skeptics, however, see profiteering at play. “Shipping one phone doesn’t cost ₦2 million! Even with profit, ₦2.2 million is fair,” argued X user Angry Mob (@theoriccy), reflecting a common sentiment. Tech analyst Tunde Ososanya estimates that import costs should add 50-70% to the global price, suggesting a reasonable ceiling of ₦2.5-₦3 million. Yet, listings on platforms like Jumia and Jiji show prices as high as ₦3.5-₦4.2 million, with some advertising “UK used” units at inflated rates. “Vendors are banking on hype,” Ososanya noted, pointing to the September 12 pre-order rush as a driver of speculative pricing.

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Apple iPhone 17 models are displayed during Apple’s “Awe-Dropping” event at the Steve Jobs Theater on the Apple Park campus in Cupertino, California, on September 9, 2025.

The controversy has spilled onto forums like Nairaland, where users debate specifications and warn of scams. Social media reactions range from witty jabs – “For ₦4.2m, the iPhone should come with a visa to meet Tim Cook,” quipped Christopher Kolawole (@kolawole40425) – to sobering reflections on economic disparity, with Nigeria’s ₦70,000 monthly minimum wage making the device a distant dream for most. Consumer advocates are now urging the Consumer Protection Council to investigate pricing practices and push for clearer import regulations.

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For Nigerian buyers, options are limited. Apple’s trade-in program, offering up to $700 off abroad, isn’t widely accessible locally, and waiting for post-launch price stabilization risks missing the early adopter wave. As the iPhone 17 Pro Max’s cutting-edge features – including AI-driven Apple Intelligence and a sleek aluminum unibody – fuel desire, the gap between global affordability and local reality grows starker. Will vendors adjust prices, or are Nigerians doomed to overpay for luxury tech? The online storm suggests this debate is far from over.

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League of Imams and Alfas in Yoruba says Ramadan begins February 18

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The League of Imams and Alfas in Yorubaland has officially announced that the holy month of Ramadan 1447 AH will begin on Wednesday, February 18, 2026, marking the start of the annual period of fasting, prayer, and spiritual reflection for Muslims across Southwest Nigeria.

In a communique released following a meeting in Bodija, Ibadan, on Thursday, February 5, 2026, the Grand Mufti of Yorubaland, Sheikh AbdulRasaq AbdulAzeez Ishola, declared the decision based on precise astronomical calculations and longstanding international Islamic resolutions on unifying the Hijri calendar.

The statement highlighted that the astronomical conjunction (new moon) for Ramadan will occur at 12:01 PM UTC on Tuesday, February 17, 2026—corresponding to 1:01 PM local Nigerian time—on the 29th of Sha’ban 1447 AH. This timing makes sighting the crescent moon impossible on the evening of February 17, confirming Wednesday, February 18, as the first day of fasting.

The announcement draws on key historical precedents, including resolutions from the Unified Hijri Calendar Committee session in Istanbul (November 27-30, 1978), the International Fiqh Council, scholarly symposia in Paris (2012), and the major International Conference on the Unification of the Hijri Calendar in Istanbul (2016), attended by representatives from over 90 countries.

Emphasising unity, the communique quoted the Qur’an (3:103): “And hold firmly to the rope of Allah all together and do not become divided.” It urged Muslims to strengthen brotherhood, perfect their fasting, prayers, charity, and good deeds, and seek Allah’s acceptance of their worship during the blessed month.

The declaration aligns with several Nigerian media reports and astronomical expectations for the region, where Ramadan 2026 is widely anticipated to commence on February 18 (with Tarawih prayers potentially beginning the evening before). While national moon-sighting efforts led by the Sultan of Sokoto continue, the League’s methodology—combining science and established fiqh principles—provides clarity for Yoruba Muslim communities in states like Oyo, Lagos, Ogun, Osun, Ondo, and Ekiti.

As the current date stands on February 6, 2026, preparations are intensifying: markets are stocking dates, prayer mats, and provisions; mosques are scheduling increased Taraweeh recitations; and families are renewing intentions for a month of mercy, forgiveness, and community support.

The League called on all Muslims to hold fast to faith and unity, praying that Allah makes this Ramadan a source of immense blessings. Insha Allah, the fast begins in just 12 days.

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Lagos to enforce mandatory waste sorting at source

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In a bold move to revolutionize waste management and harness the economic potential hidden in trash, the Lagos State Government has announced plans to make waste sorting at source compulsory for all residents and businesses.

This development was revealed by Dr. Muyiwa Gbadegesin, the Managing Director and Chief Executive Officer of the Lagos Waste Management Authority (LAWMA), during his appearance on “The Conversation,” a popular programme aired on Lagos Television (LTV) on Tuesday.

Dr. Gbadegesin emphasized that the initiative aligns with international best practices and will be reinforced by an ongoing review of the state’s legal framework. This review aims to establish robust regulations mandating the separation of waste right at the point of generation, transforming how Lagosians handle their refuse.

“No longer will waste be seen merely as a burden to dispose of; instead, it will be viewed as a valuable economic resource,” Dr. Gbadegesin stated. He highlighted the state’s commitment to advancing its waste-to-wealth agenda, with a strong focus on recycling and material recovery to drive a more efficient and sustainable system.

The policy shift supports Governor Babajide Sanwo-Olu’s vision of moving away from reliance on landfills towards a model centered on recovery and recycling. This is expected to ease the strain on existing landfills, foster circular economy principles, and attract private investments into recycling facilities across the state.

To bolster service delivery, the government is exploring ways to aid Private Sector Participation (PSP) operators, including facilitating access to new compactor trucks. Recognizing the high capital demands of waste collection, this support is crucial for enhancing operational efficiency.

On the flip side, Dr. Gbadegesin warned of strict accountability measures. He disclosed that 22 underperforming PSP operators face sanctions after multiple warnings and performance evaluations. This comes on the heels of last year’s action where 27 operators were sacked for failing to meet standards.

As earlier reported by NaijaChoice News, LAWMA has been pushing for better waste practices, including calls for residents to avoid littering and adopt disciplined habits to keep Lagos clean. Dr. Gbadegesin reiterated that the success of this mandatory sorting hinges on effective regulations, upgraded infrastructure, active private sector involvement, and, most importantly, responsible behavior from citizens.

“Waste sorting at source is the cornerstone of building a cleaner, healthier, and more resilient Lagos,” he added, urging Lagosians to embrace the change for the greater good.

Environmental experts have lauded the move, noting that proper waste segregation could significantly reduce environmental pollution, create jobs in the recycling sector, and contribute to Nigeria’s broader sustainability goals. With Lagos generating over 13,000 tons of waste daily, this policy could set a precedent for other states in the federation.

The Lagos State Government, through hashtags like #AGreaterLagosRising, continues to promote initiatives that enhance urban living and economic growth.

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