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Soaring Cost Of Flour: Bakeries Begin Shutdown - Business (2) - Nairaland

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Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Nobody: 9:06pm On Oct 06, 2021
The way the price of bread skyrockets these days sad
It’s like every week your favorite bread adds 10 Naira sad

1 Like

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Tinyemeka(m): 9:06pm On Oct 06, 2021
PARADIZEPRIEST:
YOU PPL KEEP CALLIN BUHARI.BUHARI IS NO FINANCE MINISTER,HIS NOT CBN GOVERNOR IS THAT CLEAR? YOU SHOULD BE ASKING ABOUT HIS ECONOMIC TEAM AND POLICY HOLDERS.
WHEN JONA AND OBASANJO WAS THERE THEM CALL OKONJO EVERYDAY! WHEN WHN EVEN IBB WAS THERE HE USED PROF SAM ALUKO (ECONOMIST).
NIGERIA NEEDS OYIBO-TRAINED ECONOMIST WEY E HEAD CORRECT.CLAMOUR FOR WORLDCLASS ECONOMISTS!NOT DULLARD LIKE ZAINABI.
MR PRESIDENT BRING IN ECONOMIST WITH INTERNATIONAL CLOUT TO TAKECHARGE AND REVAMP NAIJA ECONOMY TO BOOMS RECOVERY.angryLET OKONJA RECOMMEND. angryMAKE UNA GET SENSE MY NAIJA PPL TO ASK FOR THE RIGHT THING AND STOP D BLAME GAME.

Explain the difference between fiscal and monetary policies.

7 Likes

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by VillageHead: 9:10pm On Oct 06, 2021
Obasanjo tried to popularize "cassava bread and co" as substitutes but it didn't go far. Now, we are feeling the heat.

1 Like

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Prosmobi: 9:10pm On Oct 06, 2021
Me that love eating bread...how will i cope?

2 Likes

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Prophet777: 9:10pm On Oct 06, 2021
Poultry farms has been shutting down since early this year. Imagine N2,800 bag of feed as at last year is now N6,300.
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by jubrilELsudan: 9:11pm On Oct 06, 2021
VERILY VERILY I SAY UNTO YOU.......MAN SHALL NOT LIVE BY BREAD ALONE.

WHO BREAD EPP

1 Like

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by BigBashiru: 9:11pm On Oct 06, 2021
PARADIZEPRIEST:
YOU PPL KEEP CALLIN BUHARI.BUHARI IS NO FINANCE MINISTER,HIS NOT CBN GOVERNOR IS THAT CLEAR? YOU SHOULD BE ASKING ABOUT HIS ECONOMIC TEAM AND POLICY HOLDERS.
WHEN JONA AND OBASANJO WAS THERE THEM CALL OKONJO EVERYDAY! WHEN WHN EVEN IBB WAS THERE HE USED PROF SAM ALUKO (ECONOMIST).
NIGERIA NEEDS OYIBO-TRAINED ECONOMIST WEY E HEAD CORRECT.CLAMOUR FOR WORLDCLASS ECONOMISTS!NOT DULLARD LIKE ZAINABI.
MR PRESIDENT BRING IN ECONOMIST WITH INTERNATIONAL CLOUT TO TAKECHARGE AND REVAMP NAIJA ECONOMY TO BOOMS RECOVERY.angryLET OKONJA RECOMMEND. angryMAKE UNA GET SENSE MY NAIJA PPL TO ASK FOR THE RIGHT THING AND STOP D BLAME GAME.

we don't need oyinbo trained economist that's inferiority complex.

Africans have been doing well without Europeans for a really long time.

1 Like

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Theunbothered: 9:12pm On Oct 06, 2021
alsudan:
Bread of 300 naira in 2015 is now 1000 naira. Even Labourers can’t afford their usual bread and coke/beans on site again.

What that mannequin can’t destroy does not exist.

The Sai Barber effect

Sai Barber 2023 grin

1 Like

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Lawalemi(m): 9:12pm On Oct 06, 2021
PARADIZEPRIEST:
YOU PPL KEEP CALLIN BUHARI.BUHARI IS NO FINANCE MINISTER,HIS NOT CBN GOVERNOR IS THAT CLEAR? YOU SHOULD BE ASKING ABOUT HIS ECONOMIC TEAM AND POLICY HOLDERS.
WHEN JONA AND OBASANJO WAS THERE THEM CALL OKONJO EVERYDAY! WHEN WHN EVEN IBB WAS THERE HE USED PROF SAM ALUKO (ECONOMIST).
NIGERIA NEEDS OYIBO-TRAINED ECONOMIST WEY E HEAD CORRECT.CLAMOUR FOR WORLDCLASS ECONOMISTS!NOT DULLARD LIKE ZAINABI.
MR PRESIDENT BRING IN ECONOMIST WITH INTERNATIONAL CLOUT TO TAKECHARGE AND REVAMP NAIJA ECONOMY TO BOOMS RECOVERY.angryLET OKONJA RECOMMEND. angryMAKE UNA GET SENSE MY NAIJA PPL TO ASK FOR THE RIGHT THING AND STOP D BLAME GAME.

Your grammar reflect the kind of stupidity that is bedeviled in your brain. Keep hailing him

11 Likes

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by vislabraye(m): 9:12pm On Oct 06, 2021
RiceProducers:


Go and source your raw material locally or start consuming a substitute.
IQ is low if you want USD to be low and still consume imported wheat at low prices. IQ is generally low in Nigeria anyway

So people should look for substitute to bread ? I think it's your IQ that's low cos you're not reasoning well.
Since you talked about locally sourced materials, how many farmers are going to farm ?
Or do you think we don't produce flour as well. Go and do your research.

12 Likes

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by sonssyo(f): 9:13pm On Oct 06, 2021
I bought chikki chikki Noddles today @ 3500 , Naija don cast finally
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by vislabraye(m): 9:14pm On Oct 06, 2021
PARADIZEPRIEST:
YOU PPL KEEP CALLIN BUHARI.BUHARI IS NO FINANCE MINISTER,HIS NOT CBN GOVERNOR IS THAT CLEAR? YOU SHOULD BE ASKING ABOUT HIS ECONOMIC TEAM AND POLICY HOLDERS.
WHEN JONA AND OBASANJO WAS THERE THEM CALL OKONJO EVERYDAY! WHEN WHN EVEN IBB WAS THERE HE USED PROF SAM ALUKO (ECONOMIST).
NIGERIA NEEDS OYIBO-TRAINED ECONOMIST WEY E HEAD CORRECT.CLAMOUR FOR WORLDCLASS ECONOMISTS!NOT DULLARD LIKE ZAINABI.
MR PRESIDENT BRING IN ECONOMIST WITH INTERNATIONAL CLOUT TO TAKECHARGE AND REVAMP NAIJA ECONOMY TO BOOMS RECOVERY.angryLET OKONJA RECOMMEND. angryMAKE UNA GET SENSE MY NAIJA PPL TO ASK FOR THE RIGHT THING AND STOP D BLAME GAME.

The buck stops on the president table. Or who appoints ministers?

5 Likes

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by AutoChick4U(f): 9:15pm On Oct 06, 2021
PARADIZEPRIEST:
YOU PPL KEEP CALLIN BUHARI.BUHARI IS NO FINANCE MINISTER,HIS NOT CBN GOVERNOR IS THAT CLEAR? YOU SHOULD BE ASKING ABOUT HIS ECONOMIC TEAM AND POLICY HOLDERS.
WHEN JONA AND OBASANJO WAS THERE THEM CALL OKONJO EVERYDAY! WHEN WHN EVEN IBB WAS THERE HE USED PROF SAM ALUKO (ECONOMIST).
NIGERIA NEEDS OYIBO-TRAINED ECONOMIST WEY E HEAD CORRECT.CLAMOUR FOR WORLDCLASS ECONOMISTS!NOT DULLARD LIKE ZAINABI.
MR PRESIDENT BRING IN ECONOMIST WITH INTERNATIONAL CLOUT TO TAKECHARGE AND REVAMP NAIJA ECONOMY TO BOOMS RECOVERY.angryLET OKONJA RECOMMEND. angryMAKE UNA GET SENSE MY NAIJA PPL TO ASK FOR THE RIGHT THING AND STOP D BLAME GAME.
As if they care
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Theunbothered: 9:17pm On Oct 06, 2021
RiceProducers:


Go and source your raw material locally or start consuming a substitute.
IQ is low if you want USD to be low and still consume imported wheat at low prices. IQ is generally low in Nigeria anyway

Please what is the quantity of wheat grown in Nigeria?

Ask yourself, if we could just grow our own wheat why are we importing it in the first place?

I remember when someone wanted to bring an alternative but it was rejected and he was laughed at.

Nigerians have low IQ indeed

7 Likes

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by drezzyx(m): 9:17pm On Oct 06, 2021
Bubu can be defined as a disaster,or a tool of punishment the gods uses to suffer mankind.

How did we come to this?
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by ezechi24(m): 9:17pm On Oct 06, 2021
even the devil will be amazed with the swiftness of the DULLARDS mode of distruction......
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Web2020: 9:18pm On Oct 06, 2021
Maxymilliano:
What Buhari can't destroy does not exist, give him a booming economy and watch it crumble like a pack of cards right in front of your eyes.
It is not a joking matter o. This man is a real disaster
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Theunbothered: 9:18pm On Oct 06, 2021
PARADIZEPRIEST:
YOU PPL KEEP CALLIN BUHARI.BUHARI IS NO FINANCE MINISTER,HIS NOT CBN GOVERNOR IS THAT CLEAR? YOU SHOULD BE ASKING ABOUT HIS ECONOMIC TEAM AND POLICY HOLDERS.
WHEN JONA AND OBASANJO WAS THERE THEM CALL OKONJO EVERYDAY! WHEN WHN EVEN IBB WAS THERE HE USED PROF SAM ALUKO (ECONOMIST).
NIGERIA NEEDS OYIBO-TRAINED ECONOMIST WEY E HEAD CORRECT.CLAMOUR FOR WORLDCLASS ECONOMISTS!NOT DULLARD LIKE ZAINABI.
MR PRESIDENT BRING IN ECONOMIST WITH INTERNATIONAL CLOUT TO TAKECHARGE AND REVAMP NAIJA ECONOMY TO BOOMS RECOVERY.angryLET OKONJA RECOMMEND. angryMAKE UNA GET SENSE MY NAIJA PPL TO ASK FOR THE RIGHT THING AND STOP D BLAME GAME.

Buhari only picks Fulanis who kiss his behind for such sensitive positions.
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by luizpippo(m): 9:18pm On Oct 06, 2021
RiceProducers:


Go and source your raw material locally or start consuming a substitute.
IQ is low if you want USD to be low and still consume imported wheat at low prices. IQ is generally low in Nigeria anyway

Source wheat locally from who? The farmers in the North that Boko Haram has chased out of this century or the farmers in the North that Buhari wants their lands as grazing reserves?

Does any substitute for bread grow in space? Won't it be cultivated on the same lands?

Is there anything that has not been affected by Buhari's ineptitude, that still goes for a sensible rate?

2 Likes

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by NGArmyTerrorist: 9:19pm On Oct 06, 2021
Have you people blamed ipob today for this news?

1 Like

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Aganju849: 9:20pm On Oct 06, 2021
Zenithh:
If you know that woman in your street that sells puff puff and all of a sudden you stopped seeing around or she suddenly switches to groundnut business, just know that the cost of flour is chasing buyers away.


https://threadreaderapp.com/thread/1445311715281756160.html

Meanwhile the dollars that flour importers supposedly cannot get, are being round-tripped by fellow Nigerians like us - the bankers and their agents on the streets - who use fake documents to get it at official rate and sell at black market price to actual importers.

We are our own worst enemies in this hopeless country.

8 Likes

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Theunbothered: 9:21pm On Oct 06, 2021
BigBashiru:


we don't need oyinbo trained economist that's inferiority complex.

Africans have been doing well without Europeans for a really long time.

We are doing well, that's why we beg foreigners for everything.

Beg for loan, beg for debt forgiveness, beg for food aid, beg for military hardware,beg to build infrastructure, beg for clean water.

I don't want to experience the poverty you must have gone through to make you believe that Africa has been "doing well".

3 Likes

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Nobody: 9:23pm On Oct 06, 2021
Nigerians craved for change, so they voted for change. now change has come.grin
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Nickymezor(f): 9:27pm On Oct 06, 2021
God help us in this country
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by ezechi24(m): 9:28pm On Oct 06, 2021
PARADIZEPRIEST:
YOU PPL KEEP CALLIN BUHARI.BUHARI IS NO FINANCE MINISTER,HIS NOT CBN GOVERNOR IS THAT CLEAR? YOU SHOULD BE ASKING ABOUT HIS ECONOMIC TEAM AND POLICY HOLDERS.
WHEN JONA AND OBASANJO WAS THERE THEM CALL OKONJO EVERYDAY! WHEN WHN EVEN IBB WAS THERE HE USED PROF SAM ALUKO (ECONOMIST).
NIGERIA NEEDS OYIBO-TRAINED ECONOMIST WEY E HEAD CORRECT.CLAMOUR FOR WORLDCLASS ECONOMISTS!NOT DULLARD LIKE ZAINABI.
MR PRESIDENT BRING IN ECONOMIST WITH INTERNATIONAL CLOUT TO TAKECHARGE AND REVAMP NAIJA ECONOMY TO BOOMS RECOVERY.angryLET OKONJA RECOMMEND. angryMAKE UNA GET SENSE MY NAIJA PPL TO ASK FOR THE RIGHT THING AND STOP D BLAME
GAME.


what are you saying....who appointed the people you are talking about? ...who has the power to sack them...whose policies are they following?...who put a ban on importation and still do not have a plaN on how to diversify and improve the economy...or do you think if emiefele was allowed to do his job without the idiots interferance the economy would be this porous?....have you sat down and asked yourself if these same people were there with him in the 80s when he first ruled?....e no get wetin u wan talk , that man is a total failure.

1 Like

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by blackmantis: 9:31pm On Oct 06, 2021
Maybe middle men are hording flour!
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Zenithh: 9:34pm On Oct 06, 2021
Aganju849:


Meanwhile the dollars that flour importers supposedly cannot get, are being round-tripped by fellow Nigerians like us - the bankers and their agents on the streets - who use fake documents to get it at official rate and sell at black market price to actual importers.

We are our own worst enemies in this hopeless country.

Thank you

Nigerians are there worst enemies.
Buhari also attributed the soaring cost of food to the big business men and women. Why hoarding vitals? Just to cause artificial scarcity?

Hell no! Nigerians are wicked. Leave matter

1 Like

Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by ComeToJesus: 9:36pm On Oct 06, 2021
I don't know why the useless rubber stamp National Assembly can't impeach Buhari for Nigerians to have peace.

The man has set our economy ablaze.
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Aboguede(m): 9:36pm On Oct 06, 2021
RiceProducers:


Go and source your raw material locally or start consuming a substitute.
IQ is low if you want USD to be low and still consume imported wheat at low prices. IQ is generally low in Nigeria anyway


That is the height of the madness among Nigeria public they think Nigeria is worst country on earth but the reality is the opposite.

People that can not survive in Nigeria as a citizen will can not be able to afford a roof over their head in Europe
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by InvertedHammer: 9:37pm On Oct 06, 2021
/
As long as BMCs are feeling the heat too...no qualms.

/
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by Aganju849: 9:37pm On Oct 06, 2021
Zenithh:


Thank you

Nigerians are there worst enemies.
Buhari also attributed the soaring cost of food to the big business men and women. Why hoarding vitals? Just to cause artificial scarcity?

Hell no! Nigerians are wicked. Leave matter

You should keep in mind too that Godwin Emefiele, an Igbo man, is presiding over the death of the Naira and Nigeria's economy.

Emefiele cannot claim to not understand what is going on, the most basic thing he can do is to properly monitor the retail auctions to these useless, greedy bankers.
Re: Soaring Cost Of Flour: Bakeries Begin Shutdown by BigBashiru: 9:42pm On Oct 06, 2021
Theunbothered:


We are doing well, that's why we beg foreigners for everything.

Beg for loan, beg for debt forgiveness, beg for food aid, beg for military hardware,beg to build infrastructure, beg for clean water.

I don't want to experience the poverty you must have gone through to make you believe that Africa has been "doing well".

it's Western media propaganda that makes you believe that about yourself...

Loan - we beg for foreign loan because foreign western powers ceased the world economy through colonization 100s of years agonand manipulate world trade. Begging for loan is a TEMPORARY measure.

Debt forgiveness - same as above

Food aid - we don't beg for food aid oh. they voluntarily give us...

military hardware - it's trade... we pay for it. and it's called leverage..why build from scratch when Russia and US is good at it?

infrastructure - this one I agree with you on. the indigenous companies tend to do a poor job.

clean water - not true in my opinion as we provide clean water for ourselves

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