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Are some retailers deliberately hiking prices? Whats happening In Nigeria? (24675 Views)
Joemiexx: 7:24pm On Feb 29, 2024 |
This night I price spaghetti 9h indos 3h there is trouble
2 Likes |
Jeje247: 7:24pm On Feb 29, 2024 |
It's not enough to speculate. Have you tried to find out the price at the warehouse or factory?
8 Likes |
AuwalYusuf812(m): 7:24pm On Feb 29, 2024 |
YES. Those people are evils ![]() 1 Like |
Yankee101: 7:24pm On Feb 29, 2024 |
Absolutely
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DDIA: 7:24pm On Feb 29, 2024 |
Yes. especially the development developers. 1 Like |
chukkystar(m): 7:25pm On Feb 29, 2024 |
Of cos. It's a Free Market. It's left for who wants to Buy. Inside every Hardship, there's still opportunities there. To own a Business in Nigeria presently is very very difficult especially with the hyper Inflation. Ur capital starts becoming useless if U are not capitalising on Prices increase and Scarcity..
4 Likes |
olax02(m): 7:25pm On Feb 29, 2024 |
We Nigerian are just deliberately wicked most especially those retail shops. They increase price every hours. Can you imagine trader attributing high cost of vegetables to rise in dollars. ![]() 8 Likes |
money121(m): 7:26pm On Feb 29, 2024 |
No
2 Likes |
olax02(m): 7:26pm On Feb 29, 2024 |
Rickmann:We Nigerian are just deliberately wicked most especially those retail shops. They increase price every hours. Can you imagine trader attributing high cost of vegetables to rise in dollars. 3 Likes |
bentenny(m): 7:27pm On Feb 29, 2024 |
Rickmann:Medium superpack is now #500-700! As much as I am tempted to blame them for this sudden hike,I cannot help but sympathize with manufacturers who are going through torrid times as a result of Hike in FX Epileptic electricity Inflated transport cost due to high cost of diesel and pms Multiplicity of taxes 4 Likes 1 Share |
kissval1388: 7:27pm On Feb 29, 2024 |
These are questions you ask when a wicked government is in power... You are asking this question cause things are rough in the country... No business man or woman will intentionally add money to their goods if they didn't buy it costly... I'm in to Provision wholesale business...this retailers buy from us and I know how much they retail the goods they buy... Omo the profit is not even much... In a roll of Miksi, they make just #150 ... Baba.. you guys won't understand cus u are not in the system... Blame your government... That Noodles was previously #130 before this wicked government came in.. Even the noodles you are wailing about, the profit of the retailer is not even up to #900 in a full carton.. she bought nylon to package it, her transport fare to the market and other things involved 11 Likes |
Nahunger(m): 7:27pm On Feb 29, 2024 |
Nahunger: |
Felaincarnated: 7:27pm On Feb 29, 2024 |
U one of d problems we talking about. U no go like sell ur own #500
Rahkman: 3 Likes |
Angelfrost(m): 7:28pm On Feb 29, 2024 |
It can't exactly be deliberate, not when it's a competitive commodity in high demand. Most of these sellers have unions, and they can't hike prices without a good reason. There are factors affecting their businesses... What is their current cost of production compared to previous years?!! What is their tax burden currently?!! What interests are they currently paying on loans?!! What is their current transportation cost?!! Etc...!!! 7 Likes 1 Share |
Joemiexx: 7:29pm On Feb 29, 2024 |
Rahkman: Bro which size? |
jumper524(m): 7:29pm On Feb 29, 2024 |
The association they form makes it impossible to sell at a lesser rate.
1 Like |
Christian36: 7:30pm On Feb 29, 2024 |
The harm Tinubu has done to this country is beyond any harms the past leaders have done. Just have it in mind that even if thing return back to the way they were before, the price of commodity will never go back to their old price again, this is what I have observed in Nigeria setting. How can you remove subsidy and float Naira without any plans, tell me, who does that as a leader, he is the worst among the bad leaders we ever had, I just pity those still ing him.
6 Likes |
okechuks22: 7:30pm On Feb 29, 2024 |
BItt:how pls? |
Iamzik: 7:30pm On Feb 29, 2024 |
Rickmann: Government started this problem. Let's lay the blame where it belongs. How can you remove subsidy and float your currency at the same time and not expect inflation to go through the roof. Why didn't these same sellers hike the price in 2022? 4 Likes 1 Share |
Brushstrokes20: 7:32pm On Feb 29, 2024 |
The govt is heartless and 😈evil, the people are GREEDY! 💯💯💯
3 Likes |
Nopretence: 7:32pm On Feb 29, 2024 |
Bottle water I just bought now now for 200,is it that it was imported with dollar?
BItt: |
VinnyBaba: 7:32pm On Feb 29, 2024 |
Definitely! But Tinubu is to be BLAMED. ![]() He set the Tone for Their Actions when he Arrogantly and thoughtlessly removed Fuel Subsidy. ![]() 2 Likes |
1bunne4lif(m): 7:32pm On Feb 29, 2024 |
Yes!! With reasons;
1 Like |
Pasquale212(m): 7:33pm On Feb 29, 2024 |
We the masses are our own problem.To be very candid on this issue, the way prices of commodities swiftly skyrocket at every dollar hike is not something to be proud of.
1 Like |
Emu4life(m): 7:33pm On Feb 29, 2024 |
Nahunger:Sadly for me, it's better late than never. 1 Like |
Nigeriakan: 7:33pm On Feb 29, 2024 |
These days, I price something from three or four sellers before I buy. Something a seller told me was 2000, I ended up buying it for 900 from another seller.
9 Likes |
Myer(m): 7:33pm On Feb 29, 2024 |
Rickmann:We think the leaders are the problem of Nigeria? Nigerians are the problem of Nigeria. 8 Likes 2 Shares |
VinnyBaba: 7:35pm On Feb 29, 2024 |
Nopretence: Fault should be from the Table Water companies. And if you ask them, they will tell you that Price of Diesel for their Plants and increments of other Running costs. I can never Blame Retailers and Manufacturers. ![]() Tinubu is the CAUSE of the current troubles Nigerians face!! ![]() ![]() 2 Likes |
Allisgud: 7:35pm On Feb 29, 2024 |
The govt is the cause of all this,I don't know why unteil yet they have not created tax force on price control, anybody who sale beyond stated agreed price goods will be auction to the public immediately when caught,this will make a long impact
4 Likes |
Pasquale212(m): 7:36pm On Feb 29, 2024 |
Myer:So accurate 1 Like |
Ogaonos: 7:37pm On Feb 29, 2024 |
RepoMan007:the major problem with commerce in Nigeria is distributionship system We run a terrible distributionship system A way orgainised system was to have a food distribution company ( probably managed by oyinbo ) .will have their wholesale stores in each state .then sell. To retailers but have records of retailers in d state ,a good ledger/bookkeeping of retailer orders .the system enable govt to get good data for price control,nafdac will have an easy fight on fake product right now nafdac is fighting a lost war . IS ONLY MUSIC,MOVIE INDUSTRY DT HAVE SOLVE THEIR DISTRIBUTION PROBLEM 1 Like |
Herbiodun09: 7:38pm On Feb 29, 2024 |
Na tulumbu say make she hike the price.. All of una go dey alright 1 Like |
Why Is Food So Expensive Nowadays In Nigeria ?
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