NewStats: 3,262,004 , 8,175,848 topics. Date: Saturday, 31 May 2025 at 01:30 PM 386c6p

Fortuneed:
Propaganda government. Tackle the real issue on ground..

Una go just talk wahhhh

Hoarding create artificial scarcity, and spike price of commodities.

It's just normal economics.

Paraman:
I wander why some Nigerians are hoarding foodstuffs. This is one of the reason food inflation is rising... Dumb people

How are they hoarding food?

If you are a wholesaler, will you not have a warehouse of goods that you sell to retailers and others?

They will regret it when they run out of stock before new harvest and it starts selling for higher.

Na Buhari caused this hardship

He was warned severally about the dangers of borrowing

He kept borrowing

Blame Buhari

Screams propaganda

Propaganda.

You are selling at a price lower than what the manufacturer of the product sells.

Na fake product una dey sell.

Na only Kano dem release for?
Other states nko

Olachase:
have you make your findings before concluding if its a lie or not


Must you guy's be stupid all the time's

Oga you’re the stupid person. Prices of food items are conspicuous. It is the last thing any sensible government will use a propaganda on. Even a 2 year old will be laughing at your stupidity.

Nigerians we are the ones undoing ourselves and not government. Government cannot always follow us to our bedrooms to know what we are always up to.

Reducing ₦1000 be crashing abi discount? Reduce it by ₦5k or ₦10k joor

abeg, nairaland I no fit talk too much this early morning, which trader will agree to sell at a loss , and even if it's possible, for how long ?
lies and propaganda can't solve problems, better urge your government to be responsible to its duties of protecting farmers to go to their farmlands and work.

Any small thing propaganda, Nigerians like free things....saahrah! Ignorance no far from dem at all.

Wetin una dey see with una eye, everyday but deny it when govt talk em own.

This set of ignorant people re built on Auto failure, dem no just want make dis govt thrive in any way or form, so u can justify one yeye point.

And the funny thing, na dem suffer .

Sugar in the company is sold for N72,000 but we sold it N70,000. Rice is sold at N65,700 now but we sold it at 57,000 to 60,000.

LMAO

It is going to be well with us

2023Blessed:
This news is so funny.

A Nigerian entrepreneur to run at a loss because of fellow citizens?

They are not even running at any loss.... because 72k to 70k is not anywhere close to an example of crashing price....

Not a good move….. they will surely shy away from restocking. Then the reality begins

Well, well well, well well, well well......

Fortuneed:
Propaganda government. Tackle the real issue on ground..

don't mind them. This is what kept us here today. Using propaganda to run govt.

2023Blessed:
This news is so funny.

A Nigerian entrepreneur to run at a loss because of fellow citizens?

Nigerians do not believe in the free market, until it is their business empire.

They have started dishing out lies...open the land borders let people import food to crash the prices of everything...is it only 10 warehouse that will crash the price in the entire country??

This is simply a political move that
can't be sustained.

By the time the stock with the traders
finish, rice will hit N100k...

When the new CBN Governor came on
stream, dollars went from 800 to 1k, he
said he will bring the exchange rate back
to 700 & he achieved this by borrowing 💲3bn
from abroad.

As the 💲3bn finish, naira has gone to
1500.


APC simply have no idea on how to
run a country. All they know is just politics❗️❗️❗️

Fortuneed:
Propaganda government. Tackle the real issue on ground..

I know good news gives you sorrow.

Go for deliverance.

sketching:
Economic hardship: Kano traders slash prices of essential goods



SOURCE: The PUNCH

Only Nigerians dey suffer them self because of One peter Obi way come deceive them say he be saint he use 1 naira take make 1trilion naira...

Lies

Paraman:
I wander why some Nigerians are hoarding foodstuffs. This is one of the reason food inflation is rising... Dumb people

Oga there's no scarcity of foodstuff, so nobody is hoarding anything it's all lies.

Price are just high.

femisplash:
Most of the warehouses serve as World food program stores. But an average greedy Nigerian receives supply of food stocks from an agency and then lock them up to create unneccessary exploitations.

This is needed mostly here in the South.

Too many greedy, wicked and self centred people are here from the government, public, and private sectors down to the common man.

Majority waiting to rip the other person off.

GemUnique:


Una go just talk wahhhh

Hoarding create artificial scarcity, and spike price of commodities.

It's just normal economics.

At least u made mention of of economics, and if u really understand economics in school, u wouldn't have said what u just said. Those guys are businessesmen and women and they have every right to hoard what they bought with their money. It is all over the world and not just Nigeria.

Nigeria government should stop all this propaganda and face their responsibilities and leave those guys alone. There is no food scarcity anywhere in Nigeria, price are just high in everything due to Buhari and now Tinubu senseless & wicked policies

The Marketers( retailers) are following trend of the distributor/manufacturer price so as to be able to purchase the exact quantity they sold..they don't want their quantities to reduce that's why they keep increases the retail price as the distributor/manufacturer increases..it's simple commerce. All I know is the major factor that determines prices of goods and commodities is the exchange rate and fuel price(transportation).
Assuming a retailer have 100 bags of rice bought at #50k per bag in stock Andi sell at #55k per bag ...and the distributor said the next supply will be at #65k per bag... definitely he won't be able to meet up to the quantity (100 bags ) and the retailer has to increase the price of the current goods in stock so as to be able to meet up with the quantity (100 bags) in stock on the next supply..that's what's happening..by they way they too buy other goods and products which their prices has increased so it's tit for tat.
Whats the minister of Finance saying about this ? All prices control agencies are silent and quite too!
Naija for show

Very funny,
Only APC useless ers will believe this nonsense

Good moves. For my state the Governor himself de hoard grains

All they know is propaganda and how to use Media to deceive us... they have nothing in stock! Nothing!

adecz:



This is simply a political move that
can't be sustained.

By the time the stock with the traders
finish, rice will hit N100k...

When the new CBN Governor came on
stream, dollars went from 800 to 1k, he
said he will bring the exchange rate back
to 700 & he achieved this by borrowing 💲3bn
from abroad.

As the 💲3bn finish, naira has gone to
1500.


APC simply have no idea on how to
run a country. All they know is just politics❗️❗️❗️