NewStats: 3,259,588 , 8,170,565 topics. Date: Sunday, 25 May 2025 at 04:31 PM 11654m6z3e3g |
What Is The Reason Behind High Cost Of Beans (30645 Views)
nesphil(m): 7:44pm On Jun 09, 2024 |
If you have a good knowledge of Economics 101, you'll know that all these items are interconnected to each. You expect rice to be very expensive and beans to be very cheap. Someone once asked me, why is Garri expensive when it's been produced here in Nigeria and not imported into the country. And I gave him an illustration which I'll also give here to answer your question. The high cost of fuel (petrol, diesel, kerosene, cooking gas, etc.) definitely affects the price of other things in the market in the following way.; Take for instance, if a Garri or beans seller take his or her commodity to the market and sell in a cheap price and now wants to use that money to buy rice, fuel that is expensive, will he or she be able to afford those things, the answer is NO! So the Garri seller or beans seller must increase his or her own price as that he or she will be able to afford the other stuffs like rice, fuel, house rent, school fees, cost of transportation, etc that have all gone up. So if you go sell your beans cheap, you won't be able to afford rice that's expensive, so you to increase your price so as to be able to afford rice. It's as simple as that. Northernblood9: 6 Likes 1 Share |
tbred: 7:44pm On Jun 09, 2024 |
Popular Demand ![]() |
Olatayo0103: 7:45pm On Jun 09, 2024 |
1. Insecurity : bandit activities are responsible for farmers to abandoned thier farms and its affecting supply chains 2: Transportation: petroleum subsidy removal by this clueless President is another major factor. 3: Middlemen: they buy at cheaper rate from farmers and sell at expensive price to the retailers. 2 Likes |
Krankhead: 7:46pm On Jun 09, 2024 |
Bobloco:Now if some of you can't impregnate una wife, una go blame BAT |
UpTown001(m): 7:48pm On Jun 09, 2024 |
Northernblood9: Which federal government is funding farmers? Farmers are doing their best to stay active, u are saying another thing |
ablejesus26(m): 7:50pm On Jun 09, 2024 |
Northernblood9: Talk about the farmers as if e easy like that. Under this Tinubu and His evil APC structure going to the farm is one of the fastest ways to die now. Make the suffering raise to power 700. May the strongest survive. |
hollas2jnr(m): 7:51pm On Jun 09, 2024 |
Northernblood9: You said it best. An average Nigeria would not miss any opportunity to exploit a fellow countryman. Some of us are just waiting for the favourable opportunity. 2 Likes |
Judolisco(m): 7:51pm On Jun 09, 2024 |
People wey dey plant beans go buy rice na...
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omoredia: 7:55pm On Jun 09, 2024 |
Cos to mess no cheap again
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Mandate1: 7:55pm On Jun 09, 2024 |
Northernblood9:the garri farmer or seller will have to sell the garri to buy bread and other food items, he won't depend on or feed on garri alone. Have you heard of circlical inflation before? The singular act of increasing fuel price and deprecating the naira nailed the economy. So blame no one but the govt. 2 Likes |
bigiyaro(m): 7:55pm On Jun 09, 2024 |
Northernblood9:cho cho cho running your mouth anyhow, why don't you go and collect government funding and farm? Some mofos will just sit at home and believe government rubbish audio funding. |
omoredia: 7:55pm On Jun 09, 2024 |
U want stories or u want solution? Educated illiterates full this country
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harrend(m): 7:56pm On Jun 09, 2024 |
Judgementa1:Very reasonable |
Bobloco: 7:57pm On Jun 09, 2024 |
Benwallt: You are rich but spend your entire miserable life on Nairaland |
Jolite(m): 8:00pm On Jun 09, 2024 |
PresidObi:does the people's vote reflect the outcome? |
Eagleways: 8:02pm On Jun 09, 2024 |
Madewithlove:oga , if you like , make pesticide and fertilizers drop like heavy rain , it won't help a thing in Nigeria today. Every hawker , conductor or okada wants to own and drive Venza overnight from their petty businesses Nigerians are wicked to themselves. Some are selling soft drinks for 350 and some 400 today. Ask them , they have no reasons. From my estate to the Bustop was #100. They shot it up to #200 during the fuel scarcity. Now that the fuel is down , they make all manner of excuses, not the fuel anymore. Sorry to say that it is like the crop of Abokis coming to Lagos for business and okada are already given the orientation to show no mercy. They don't pay tax , they don't rent house , they don't even buy soap to bathe or wash their wears . Toothpaste is not for them but they love money more than those who spend on those items. They will never remove shi shi from their goods . 1 Like |
geewean(m): 8:03pm On Jun 09, 2024 |
How are the farmers greedy? Have you factored the role of insecurity on their farming activities? Do you know the informal tax paid by farmers to bandits in the north? You have an Android phone please research intelligently .Don't use your phone to watch comedy skit too much. Northernblood9: |
Lifemanage: 8:04pm On Jun 09, 2024 |
Northernblood9:Cause everybody de wait for yahoo money. Are there still farmers in delta state? Young people should start gardens and farms to reverse these trend |
Sheuns(m): 8:05pm On Jun 09, 2024 |
Northernblood9: What will the people eat? Agbado, garri, cassava? You forget that cost of transportation has more than doubled since the increase in petrol prices. |
Zico5(m): 8:05pm On Jun 09, 2024 |
PresidObi:You warn who? Is it Gbajue that cannot do anything in Anambra that will do wonder in Nigeria. Peter Obi can never rule this country. If south south can provide a better person, we will all him. But no way for south east. Biafra is your heritage. Simple as ABC |
Curious345: 8:06pm On Jun 09, 2024 |
Fulani terrorits is the main reason
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Mandate1: 8:06pm On Jun 09, 2024 |
stasius:the dude will eat sand. ![]() ![]() |
Mandate1: 8:07pm On Jun 09, 2024 |
Dejijossy:subsistence keh? Wetin so mechanised farming? |
Obaranje: 8:09pm On Jun 09, 2024 |
Northernblood9:you must be from Uganda for saying southern part of the country is save. Chief as far as Nigeria is concerned now, no part of the country is save. There is insecurities all round the country |
Nicepoker(m): 8:10pm On Jun 09, 2024 |
Northernblood9:Agro chemicals, diesel very expensive, cost of transportation very high. And you are blaming the farmers. Boycott their produce others will buy. Na hunger go wire you. Common herbicide like paraforce of 2,500 months ago is now 7k. |
TomiSwag(m): 8:14pm On Jun 09, 2024 |
Northernblood9: It's 10.5k in Lagos...Specifically Oworo. 1 Like |
Pastoshizzy(m): 8:14pm On Jun 09, 2024 |
BigYash:be objective for once. Na Tinubu dey produce/sell beans? |
wonderiyke(m): 8:17pm On Jun 09, 2024 |
Very simple. Bulaba(Tinubu).
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Realguyman1(m): 8:18pm On Jun 09, 2024 |
Northernblood9:How is Southern part of Nigeria safe? Please explain |
Benwallt(m): 8:18pm On Jun 09, 2024 |
Bobloco: Sha work make hunger nor make your chop or sell your family and blame it on government |
Mrincredy(m): 8:18pm On Jun 09, 2024 |
Calm down now bros 🤣 🤣 🤣
richiemcgold: |
Orobeat: 8:18pm On Jun 09, 2024 |
Like we say in port Harcourt,No be beans ![]() ![]() |
Burnt meals,share your experience!
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