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Nairaland Forum / Nairaland / General / Politics / GOOD NEWS | Price Control Board Has Been Established By Tinubu's Government (507 Views)
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GOOD NEWS | Price Control Board Has Been Established By Tinubu's Government by ikyergajoe: 2:06pm On Feb 16 |
GOOD NEWS | Price Control Board has been established by Tinubu's Government FCT, Abuja - President Bola Tinubu has said his administration will not set up any board to regulate prices of food commodities in the country. The president's comments come days after vice president, Kashim Shettima, hinted at plans to establish a national commodity board to tackle the escalating food inflation in Nigeria. Shettima reportedly said this when he declared open a two-day meeting on climate change, food systems, and resource mo mobilisation in Abuja. Don’t Blame Tinubu”: Igboho Explains to Sultan Why Economic Hardship Won’t Vanish Overnight Hardship: Nigerian Govt to Establish Price Control Board? Tinubu Speaks Friday, February 16, 2024 at 9:08 AM by Ridwan Adeola President Bola Ahmed Tinubu has ruled out the possibility of setting a commodity price control board This is as prices of food and commodities continue to soar amid the economic hardship in the country https://www.youtube.com/watch?v=nlHvtc_DJdM?si=WPHaut3LlP5FuphH |
Re: GOOD NEWS | Price Control Board Has Been Established By Tinubu's Government by Melagros(m): 2:13pm On Feb 16 |
COMRADES, please I don't understand this epistle, if you do let me know Tinubu rules out setting price control board Igboho slams Sultan of sokoto over raising price of food Vice president hinted establishing food prices control board |
Re: GOOD NEWS | Price Control Board Has Been Established By Tinubu's Government by Kaycee9242(m): 2:27pm On Feb 16 |
Trial and error government, this man is so cornfused 1 Like |
Re: GOOD NEWS | Price Control Board Has Been Established By Tinubu's Government by mrvitalis(m): 2:36pm On Feb 16 |
ikyergajoe:Get ready for scarcity You don't dare suppliers you don't dare whole sellers They would frustrate you rice is about to be 10* what they are now You floated the naira but wants to control price of food |
Re: GOOD NEWS | Price Control Board Has Been Established By Tinubu's Government by Nairalander248: 2:40pm On Feb 16 |
ikyergajoe: The truth is that Nigeria Leader is using Nigeria to do T&E, Trial and Error. Nigeria Leader should use Chatgpt to ask questions how to get us out of this economy if they don't have a sensible someone out there as an adviser They don't know that When prices are fixed below market equilibrium, it can result in shortages as suppliers are unwilling to produce or sell goods at a loss. This can create black markets, where goods are sold at higher prices illegally... If you buy raw materials and project your profit to be 20% on top overall cost and you are now getting 5% coz of price regulations, will you produce again? ![]() 1 Like |
Re: GOOD NEWS | Price Control Board Has Been Established By Tinubu's Government by Prigidypogodo(f): 2:44pm On Feb 16 |
mrvitalis:ndị we need his brain 🧠 not body. how person wey call himself educated campaigned for this man is still beyond me. |
Re: GOOD NEWS | Price Control Board Has Been Established By Tinubu's Government by Prigidypogodo(f): 2:45pm On Feb 16 |
lol traders will just lockup their shops and consumers will starve and will at a point willing to pay more just to eat. who's even advising these bastards. |
Re: GOOD NEWS | Price Control Board Has Been Established By Tinubu's Government by Deogratiasfx: 9:29pm On Feb 16 |
Kaycee9242: This man simply said it was his ambition to be a president and 2023 was his turn and millions of Nigerians voted him. So in all honesty did he promise anything? Nigerians deserve what they see..... |
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