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Nairaland Forum / Nairaland / General / Business / FG Vows To Clampdown On Traders Inflating Commodity Prices (14436 Views)
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Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by ussv: 6:18pm On Apr 17 |
Jestin:True talk |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by ivandragon: 6:28pm On Apr 17 |
When some deluded and moronic apc minions where mumuishly supporting everything the government did, sane Nigerians were telling them that it was going to lead to a disaster further down the line. They kept supporting policies even the government did not understand. They were just shouting 'Remove subsidy, float naira, remove that one, let prices determine themselves etc', just chanting noisy nonsense and supporting blindly. Today, the government has gone back to its vomit and yet some clowns are trying to twist the narrative. Anyway, BAT has started retracing his steps, so hopefully, the damaged he caused in less than a year might be repaired before end of this year. Sane Nigerians will continue to push the government to do better and be alive to its responsibilities. |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by Azazyel: 6:32pm On Apr 17 |
DesignMaestro: Good one. It should be quick 1 Like |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by qtx(m): 6:35pm On Apr 17 |
slivertongue:Absolutely my broda. in short i call it, Executive Rabish. |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by Offpoint1: 6:36pm On Apr 17 |
Jestin:Those 2 A-holes are responsible for the high cost of goods in Nigeria. I saw Indomie package with N70 boldy written on it, can you imagine it's being sold at he cost of N250 in all shops I walked in? How can company price be N70 while the final price in shops is N250? what kind of madness is that? 1 Like |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by UnabashedIPOB: 6:39pm On Apr 17 |
The government, through its agency, the Federal Competition and Consumer Protection Commission (FCCPC), expressed worry that despite the recent appreciation of the Naira against the dollar, consumers continue to face escalating costs without a corresponding decrease in prices of goods and commodities. If this government is acting ignorant of NOT knowing why despite their false claim that the worthless Naira is gaining value against the $, then it's lying to itself. The truth is that the Naira gaining value against the dollar is temporary and would never lower the price of foodstuff. It is because NOT only is the government subsidizing the $, but it also has NO source of foreign exchange since the hopeless country produces nothing, hence nothing to export. And the moment the subsidy is withdrawn, the value of the worthless Naira against the $ would automatically go down. So, the government should tell the people the truth about its economic policies which are NOTHING but voodoo economics. |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by Rumundele(m): 6:59pm On Apr 17 |
How na you buy am for them? When you are supposed to do the right thing and price of comorbidities will drop naturally you failed to. |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by Ibechris2: 7:16pm On Apr 17 |
hslbroker2: |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by Ibechris2: 7:17pm On Apr 17 |
hslbroker2: I will buy mine when the price comes down further. |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by alfredfrddy(m): 7:19pm On Apr 17 |
What will happen to the increased school fees? |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by Anonimoux: 7:20pm On Apr 17 |
So why can't they vow to reduce petroleum price to ₦200 / Litre. Nonxense |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by kiddkash(m): 7:27pm On Apr 17 |
Idun2024:Spoken as an ofe mmanu that doesn't know anything about business. What happens to the goods people imported at a high rate when the dollar was 1800, how do they make back their money before they can adjust to current exchange rate, also always watching to know if it will rise again or steady at a given rate before prices of goods can be reduced |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by kiddkash(m): 7:28pm On Apr 17 |
alanto:Spoken as an ofe mmanu that doesn't know anything about business. What happens to the goods people imported at a high rate when the dollar was 1800, how do they make back their money before they can adjust to current exchange rate, also always watching to know if it will rise again or steady at a given rate before prices of goods can be reduced |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by kiddkash(m): 7:28pm On Apr 17 |
imoh4king:Spoken as an ofe mmanu that doesn't know anything about business. What happens to the goods people imported at a high rate when the dollar was 1800, how do they make back their money before they can adjust to current exchange rate, also always watching to know if it will rise again or steady at a given rate before prices of goods can be reduced In your little brain, obidient are the ones who does buying and selling |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by kiddkash(m): 7:38pm On Apr 17 |
Philipgarza31:Spoken like a child that doesn't know the difference between business and politics. Politics, you will not like someone but business, you must like everyone, you can't dictate who will buy goods from you, If someone comes to you and gives you good price, will you say you are not my tribesman so I can't sell it to you. Why do you think many of your people are not in buying and selling in bulk. Your people don't know many intricacies in business |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by ekitimanalways(m): 7:39pm On Apr 17 |
PlasmaTV: Inflation is 33.20% not 40%. |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by Father4all: 8:26pm On Apr 17 |
Foolish Government, open the border |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by MIKOLOWISKA: 8:30pm On Apr 17 |
Jestin:Na Is easy It is not the govt or the sellers Or is you that Regus to go and produce Must you buy food stuff You no get hand to farm |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by hslbroker2(m): 8:35pm On Apr 17 |
Ibechris2:our wishes is for the price to come down, it is good for the seller and the buyers 1 Like 1 Share |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by OmoOshodi(m): 8:37pm On Apr 17 |
Heard a bag of rice is now 40k in badagry Lagos |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by PlasmaTV: 8:51pm On Apr 17 |
ekitimanalways:On paper, 33%. In real life, some items have exceeded 150%. Btw, double digits inflation is shameful. |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by okechuks22: 9:02pm On Apr 17 |
How are they going to do it or are they going to clap dawn on the traders that they gave money to start business u mother fuckers every where |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by okechuks22: 9:04pm On Apr 17 |
Jestin:ur complete bastard talking nonsense because ur not a trader idiot do u know what the traders pass through |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by NGArmyTerrorist: 9:14pm On Apr 17 |
Hail-anus is buying things very cheap under his papa's canopy Evil country, with evil leaders and dangerous citizens.. |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by Minatouchiha(m): 9:30pm On Apr 17 |
Jestin: Tinubu is the problem. Been a leader comes with alot of responsibilities. Therefore he's the problem. It goes beyond, grabbing and snatching it. Let him get up and enforce. |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by Minatouchiha(m): 9:34pm On Apr 17 |
HisChild86: That's their problem. It's called bussiness. Y did they stock that much? Are u saying they didn't make monies along the way towards the rising dollar? |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by commoditiesnig: 10:27pm On Apr 17 |
Jestin:Truely said |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by ufotunang: 11:16pm On Apr 17 |
The appreciation of the naira alone cannot reduce the price of foodstuffs goods... also reduce the price of fuel disel and the prices of foodstuffs and goods will reduce and come down .it's the high costs of transportating this foodstuffs and goods to the market that is increasing the price of foodstuffs and goods.. simple |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by Yampotatocarrot(m): 11:18pm On Apr 17 |
Jughead29: No, Ondo State... I just returned from there two days ago, and the price of foodstuffs is so high I wonder how they survive there |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by alphaNomega: 11:21pm On Apr 17 |
sylve11: by vowing |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by alphaNomega: 11:22pm On Apr 17 |
Anonimoux: |
Re: FG Vows To Clampdown On Traders Inflating Commodity Prices by Omalicious1: 11:31pm On Apr 17 |
DesignMaestro: They can't do anything...the only people that can check this effectively are the state and local governments |
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