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Nairaland Forum / Nairaland / General / Politics / Price Hike: Ondo Monarch Bans Forced Association Membership On Traders (15014 Views)
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Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by peekspot(m): 12:09pm On Apr 28 |
https://punchng.com/price-hike-ondo-monarch-bans-forced-association-membership-on-traders/ 48 Likes 11 Shares
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Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Righthussle: 12:14pm On Apr 28 |
Good 37 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by helinues: 12:15pm On Apr 28 |
Better. Association with no benefits but instead sucking people dry with different fees 116 Likes 11 Shares |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Lalami3232(m): 12:18pm On Apr 28 |
Nice initiative from the monarch!!! But sir, pls I wish to crave your intelligence, can you also allow DNA test to be mandatory for all SIMPS who married non-virgins a.k.a boreholes? What do I even know sef aside enlightening my fellow men nationwide with the good news. Oga if you no meet your wife as a virgin, oga go for DNA test oooooo because boreholes aka non-virgins can't be trusted 39 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by richard870(m): 12:19pm On Apr 28 |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by iCauseTrouble: 12:19pm On Apr 28 |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by HenryThegreat1(m): 12:19pm On Apr 28 |
Nice one. Sometimes amount for association registration is far more than amount you used to stock your shop. 35 Likes 3 Shares |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Okete001(f): 12:19pm On Apr 28 |
Hehehe Kabiyesi oo, Ki ade o pe lori. What do they do in the association wey pass to dey increase price of goods? 17 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Endtimelifeinna: 12:20pm On Apr 28 |
They want to turn them to Zombie Association helinues: 3 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by jiz: 12:20pm On Apr 28 |
Good 1 Like |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Adamjc: 12:20pm On Apr 28 |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by adekanmbi1986(m): 12:21pm On Apr 28 |
Ok |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by phemmie06(m): 12:21pm On Apr 28 |
Associations and union of various types are mostly established to inflict pains on people and for selfish interest 47 Likes 5 Shares |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by adamawaboy(m): 12:21pm On Apr 28 |
Oba is doing well 21 Likes 1 Share |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Skillsnigeria: 12:21pm On Apr 28 |
Okay |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by CodeTemplar: 12:21pm On Apr 28 |
I hope this helps. The core job of those associations is price fixing. That's why 100 people can comfortably be in the business retailing and selling tomatoes when just 10 people can do it. The whole 100 instead of sharing the fixed profit will fix prices to accommodate their needs financially. This is why pure water can sell for N20 in Yobe but N30 in Ondo where materials are cheaper and more abundant. 23 Likes 5 Shares |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by christejames(m): 12:21pm On Apr 28 |
Good one Kabieyesi 7 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Pecoleee345: 12:22pm On Apr 28 |
Kudos 5 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by RichDad1(m): 12:22pm On Apr 28 |
Aaba iye ooooo. Uku alase! Ugba gbomola Ajigwa jigwa uleke Wa da Igbo Wo lani o baiii🙇🏽♂️ 🧎🏾 14 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Zaccshegzy(m): 12:23pm On Apr 28 |
Good initiative. 5 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by jmoore(m): 12:23pm On Apr 28 |
How will it be implemented? 1 Like 2 Shares |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by DatNaijaGuy: 12:23pm On Apr 28 |
I wish same thing will be done in Benin City, Edo State. Every demonic trade union should be dismantled. That's where they come into agreement to exploit the people. You can't sell common pepper and crayfish without being in their evil union. 28 Likes 2 Shares |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by CheapHomes1: 12:23pm On Apr 28 |
HenryThegreat1: the problem with market and traders associations is not the registration fees they collect from members but the fact that they control the prices of goods they sell. they tell their members not to sell goods below a certain price. they regulate price at which goods are sold 25 Likes 1 Share |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by LandMann: 12:24pm On Apr 28 |
This ought to be replicated across all markets in Nigeria. Part of the reason for this uncontrollable price hike is that traders and artisans and most small scale businesses are being forced or compelled to join different associations and trade unions that then engage in price fixing. Essentially there's no free market system operating in Nigeria because of these different unions. For example, Dangote cement price has reduced a bit and cost of Diesel and transportation has fallen, but wholesalers and retailers are still adding between N1500 to N2000 to each bag of cement so that the final consumer or buyer pays between N1500 to N2500 above the recommended retail price, thereby pushing up the price of cement. This is made possible because practically all the cement retailers have been forced to join unions that engage in price fixing. The government should announce the ban of all or certain trade unions across all markets and set up a task force to arrest those who engage in the practice. This will enable the market participants to operate freely and sell at their own price instead of being forced to sell at a particular price 21 Likes 5 Shares |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by imagrg(m): 12:24pm On Apr 28 |
Edo State should follow suit. It's like a cult in Edo State oh. The way traders and POS Operators exploit us ehn! 14 Likes 4 Shares |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by MorolayoVictor(m): 12:25pm On Apr 28 |
I like this. 5 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Blakjewelry(m): 12:25pm On Apr 28 |
Associated like these are suppose to protect the group from Hash government policies but in Nigeria it has turn to something else. They fix price and force members to implement it, the worst part is, you will be forced to join whether you like it or not. 9 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by Jokerman(m): 12:25pm On Apr 28 |
This can't happen in Lagos?? How will awon Baba alaye and Iyaloja chop and cope??😬 4 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by citygarden(m): 12:26pm On Apr 28 |
Good initiative, I wish the governments could also do this. They are the ones causing inflation in the nation. Mandating price at wish you must sell your market or render services 2 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by ssogundele2003: 12:26pm On Apr 28 |
This is also needed in Ikare Akoko. These associations are adding more labour/cost on the buyers 8 Likes 1 Share |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by rajiedreez: 12:26pm On Apr 28 |
Good, so many people do not know the negative effects these association have on traders, they've so much taken advantage of this association that it ends up serving no meaningful use 4 Likes |
Re: Price Hike: Ondo Monarch Bans Forced Association Membership On Traders by OMBIIGA: 12:27pm On Apr 28 |
Great initiative from his Royal Majesty!! May you last long in the throne of your forefathers till the end of time in good health and prosperity and may you see your children children up to countless generations. 22 Likes |
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