Name One Household Or Food Item Whose Price Has Come Down - Business (5)

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Name One Household Or Food Item Whose Price Has Come Down - Business (5) - Nairaland

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Re: Name One Household Or Food Item Whose Price Has Come Down by Abbeytoy(m): 10:50pm On Mar 31

Last week or about 10days ago, I bought Jumbo bread for 2k but today it's 1700.

To my suprise, the one of 1k was sold 1,100

I don't know how they come to that but that's the reality.

3 Likes

Re: Name One Household Or Food Item Whose Price Has Come Down by Starpro87(m): 10:53pm On Mar 31

Paraman:
I'm not Mr parachoko, am paraman.

Which kin bread she buy for 1700, tell nairalanders.

When was the last time you ate bread?

3 Likes

Re: Name One Household Or Food Item Whose Price Has Come Down by SUPERPACK: 10:54pm On Mar 31

MrSly:

You are a blind patriot.

You are a blind scavenger.

Re: Name One Household Or Food Item Whose Price Has Come Down by MrSly(m): 11:01pm On Mar 31

SUPERPACK:
You are a blind scavenger.

You are a degenerated bigot, brainless Paranthropus boisei.

Re: Name One Household Or Food Item Whose Price Has Come Down by SUPERPACK: 11:06pm On Mar 31

MrSly:

You are a degenerated bigot, brainless Paranthropus boisei.

Your father and mother.

Re: Name One Household Or Food Item Whose Price Has Come Down by Mandate1: 11:07pm On Mar 31

SUPERPACK:
If you buy at 500 and the price falls to 300 will you stop selling snd claim you dont have so you dont sell lower?

sometimes these traders make losses like this too. Dey don't need to tell you. Especially those into perishables. Business is not always about profits. Sometimes dey come with huge losses.

1 Like

Re: Name One Household Or Food Item Whose Price Has Come Down by MrSly(m): 11:08pm On Mar 31

SUPERPACK:
Your father and mother.

Your whole ancestors are clowns, beginning from the very first ancestor.

Re: Name One Household Or Food Item Whose Price Has Come Down by SUPERPACK: 11:10pm On Mar 31

MrSly:

Your whole ancestors are clowns, beginning from the very first ancestor.

Your father and mother.

Re: Name One Household Or Food Item Whose Price Has Come Down by MrSly(m): 11:11pm On Mar 31

SUPERPACK:
Your father and mother.

Your rapist father and your harlot mother.

Re: Name One Household Or Food Item Whose Price Has Come Down by SUPERPACK: 11:11pm On Mar 31

MrSly:

Your rapist father and your harlot mother.

Your father and your mother

Re: Name One Household Or Food Item Whose Price Has Come Down by MrSly(m): 11:14pm On Mar 31

SUPERPACK:
Your father and your mother

Idiot. Your head can only comprehend father and mother. Useless progeny.

Re: Name One Household Or Food Item Whose Price Has Come Down by Briteiyobo1(m): 11:14pm On Mar 31

Paraman:
Which kin bread she buy for #1700? Tell us

Oga here in Lagos the bread we used to buy #1600 Rehoboth supreme, is now #1900. I have been buying it for #1900 for about two months now.

Re: Name One Household Or Food Item Whose Price Has Come Down by SUPERPACK: 11:15pm On Mar 31

MrSly:

Idiot. Your head can only comprehend father and mother. Useless progeny.

Your father and your mother

Re: Name One Household Or Food Item Whose Price Has Come Down by Fearurcreeator: 11:15pm On Mar 31

Wainey:
Price of food isn't just going to drop and this is not about Tinubu.
Naira started dropping like a month ago.

Sellers aggressively stocked up their warehouses when Naira climb to N1700-1800 thinking it will climb further, so wait for sometime, some of these people already have 3months worth of items stocked up and they will always sell at the price they bought

now sice they bought at 1800 per dollar over a month now was the price then not supposed to stay if its not coming down.... e no go better for amost of those importers and manufactures ... what they have before will vanish infront of them for taking advantage of people just like we dey swear for government too ... like leader like masses ... same thing happen then when their was scarcity of cash ... use 2k collect3k ...crazy people

1 Like

Re: Name One Household Or Food Item Whose Price Has Come Down by VinnyBaba: 11:18pm On Mar 31

CrossRhodes:

This is proof that you can't even feed yourself or don't have capacity to do so .......
Family men on this platform know a big family size of bread is 1600-1700

Most guys here that support BAD govts are Dependants. undecided

They still Live in their Parents house and feed from their Mother's Pot.

They don't know what it feels like to Buy things or Pay bills. sad

Re: Name One Household Or Food Item Whose Price Has Come Down by Fearurcreeator: 11:20pm On Mar 31

Wainey:
Oga e be like u no understand what I am saying.
Those that are importing have already bought things when dollar was N1800, just because dollar dropped doesn't mean they will also drop their price. Wait for few more weeks to 2months when they will buy again at low price.

The Aboki man in ur street stocked up his shop, the warehouse where he is buying his goods also stocked up their warehouse, the Aboki will empty his shop, then still buy from the warehouse, those people will empty their warehouses again before they start importing again at 1200

why did price keep increasing if dollar started coming down a month ago? why is prices increasing? e no go better for all of una ... that yeye profit na cancer them go use am treat finish ... wicked people ...

1 Like

Re: Name One Household Or Food Item Whose Price Has Come Down by VinnyBaba: 11:21pm On Mar 31

MrSly:

It seems you only eat agree bread. Which one is which kind bread someone bought for 1700 as if it is not possible? Are you in this country at all?

Or maybe na Madiga him dey Chop

I really Tire for his Argument that no Bread is sold for 1700. sad

Re: Name One Household Or Food Item Whose Price Has Come Down by Killermamba: 11:21pm On Mar 31

Martinsmine:
Biscuit 60 now 50

Oga I bought 70 naira today in lagos

1 Like

Re: Name One Household Or Food Item Whose Price Has Come Down by ablejesus26(m): 11:26pm On Mar 31

Paraman:
Which kin bread she buy for #1700? Tell us

No need to ask.
We are aware that the majority of you Apc zombies live and feed your lives on SM jamboree.
Una no dey go market,una no fit understand se this Apc calamity na the worst thing wey don befall this Country since time immemorial cheesy

😁
Your Tribal and political jabbings has no place in Reality.

May the strongest survive.

Re: Name One Household Or Food Item Whose Price Has Come Down by kpompey: 11:31pm On Mar 31

Wainey:
Oga e be like u no understand what I am saying.
Those that are importing have already bought things when dollar was N1800, just because dollar dropped doesn't mean they will also drop their price. Wait for few more weeks to 2months when they will buy again at low price.

The Aboki man in ur street stocked up his shop, the warehouse where he is buying his goods also stocked up their warehouse, the Aboki will empty his shop, then still buy from the warehouse, those people will empty their warehouses again before they start importing again at 1200

But existing stocks bought at cheaper could be sold at inflated rate for short run abnormal profit. Nigerian are greedy and dubious. USD is fallen , price of goods should return to normal price.

Re: Name One Household Or Food Item Whose Price Has Come Down by Vision101(m): 11:31pm On Mar 31

Kevineleven:
They will not come down, let me explain
We are facing a 2 headed hydra,
One is the rising of fuel prices due to the removal of fuel subsidy and the other is Naira depreciation or increase of dollar exchange rate.
The increase of fuel prices is responsible for the rising cost of food items , and dollar to naira exchange rate only affects imported goods.
So the cost of food items will not reduce unless the fuel prices reduces.

The third part is imported inflation. There's global inflation. When you import, you import the inflation in the exporting country then the inflation in your country will add to it.

1 Like

Re: Name One Household Or Food Item Whose Price Has Come Down by Fearurcreeator: 11:32pm On Mar 31

Kevineleven:
They will not come down, let me explain
We are facing a 2 headed hydra,
One is the rising of fuel prices due to the removal of fuel subsidy and the other is Naira depreciation or increase of dollar exchange rate.
The increase of fuel prices is responsible for the rising cost of food items , and dollar to naira exchange rate only affects imported goods.
So the cost of food items will not reduce unless the fuel prices reduces.

dey lie yourself

Re: Name One Household Or Food Item Whose Price Has Come Down by Shikena(m): 12:03am On Apr 01

People using academic logic and theory to explain a situation driven by greed.

You go explain taya, Naija greed no get theoretical explanation and Naija resilience in the face of suffering no get logical explanation. That's why several international authorities have repeatedly failed in their 'always accurate' predictions when it comes to Nigeria's disintegration cry

Re: Name One Household Or Food Item Whose Price Has Come Down by demoBaba: 12:06am On Apr 01

Wainey:
Price of food isn't just going to drop and this is not about Tinubu.
Naira started dropping like a month ago.

Sellers aggressively stocked up their warehouses when Naira climb to N1700-1800 thinking it will climb further, so wait for sometime, some of these people already have 3months worth of items stocked up and they will always sell at the price they bought

99.9% Nigerian traders are very greedy, until we've price control.

1 Like

Re: Name One Household Or Food Item Whose Price Has Come Down by Shikena(m): 12:06am On Apr 01

Dollar rises, Naija instantly raise the price of items he purchased wholesale at old price, thereby making a killing and smiling to the bank.

Dollar goes down, Naija refuse to sell claiming his stock was bought when dollar was high.

Did you share your profit with people or complain to anyone when you made a killing when dollar went up?

No academic theory about market forces can handle greed. Market forces of demand and supply rely on the integrity of the stakeholders. Naija street has no integrity! In such a barbaric system, sorry you can't run away from price control!

Re: Name One Household Or Food Item Whose Price Has Come Down by Lionize: 12:14am On Apr 01

Blakjewelry:

Nope it's not about dollar rather it is just the Nigerian factor. When I was telling people the hike in price has nothing to do with dollar some fools were arguing silly like they understood what is at play, oya dollar dey trade about 1200 something oya make price come down na.

Why are you guys so quick to insult people? This could still be written as "...some persons were arguing like they understood what is at play,..."

Please, let's learn to respect people. Whatsoever you don't want to be thrown at you, don't throw at others. Let's make this world a better place for others, by that, the world will in turn become a very good place for us. Just as advice.

2 Likes

Re: Name One Household Or Food Item Whose Price Has Come Down by Blaze14k: 12:22am On Apr 01

Vinnie2000:

Mr Parachoko, it's the Average size.

The one that was sold N1200 or N1000 two months ago.

You dey mind the wereh weh never buy dat size of bread before

Re: Name One Household Or Food Item Whose Price Has Come Down by Digmygold: 12:42am On Apr 01

Onions.

1 Like 1 Share

Re: Name One Household Or Food Item Whose Price Has Come Down by Digmygold: 12:44am On Apr 01

Kevineleven:
They will not come down, let me explain
We are facing a 2 headed hydra,
One is the rising of fuel prices due to the removal of fuel subsidy and the other is Naira depreciation or increase of dollar exchange rate.
The increase of fuel prices is responsible for the rising cost of food items , and dollar to naira exchange rate only affects imported goods.
So the cost of food items will not reduce unless the fuel prices reduces.

Fuel price that increased since May last year. Did the fuel price change again this year? Abi you no see say the price dey increase more and more? Biko, it has nothing to do with fuel price.

Re: Name One Household Or Food Item Whose Price Has Come Down by oliverano: 12:50am On Apr 01

SUPERPACK:
But same warehouses hiked food prices they bought when dollar was 1200 when dollar hit 1800, and blamed the dollar for the increase.

You're wasting your time with that guy....

Re: Name One Household Or Food Item Whose Price Has Come Down by Kingrshd3: 1:12am On Apr 01

Blakjewelry:

Nope it's not about dollar rather it is just the Nigerian factor. When I was telling people the hike in price has nothing to do with dollar some fools were arguing silly like they understood what is at play, oya dollar dey trade about 1200 something oya make price come down na.

It will come down don't forget that the market with them now are d once they bought when dollars was around 1600 so do u expect them now to sell at a cheaper rate when dollar was 950 now 😲😳

It's not pos6

So let's wait for a month or so before we see d effect

Re: Name One Household Or Food Item Whose Price Has Come Down by CharlotteFlair: 1:38am On Apr 01

Inspirer1:
perhaps you lack commonsense to decipher that it wasn't taken by one person.

What are you guys eating over there? Mosquitoes must know you all by name. See a doctor y'all.

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