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Nairaland Forum / Nairaland / General / Politics / FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins (36454 Views)
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FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by treesun: 11:33am On Feb 16 |
Twenty-four hours after President Bola Tinubu unveiled plans to tackle factors responsible for food crisis, the Federal Competition and Consumer Protection Commission (FCCPC), sealed Sahad Store, a popular supermarket in the Garki area of Abuja. https://dailytrust.com/breaking-fg-seals-off-top-abuja-store-as-crackdown-on-hoarding-price-fixing-begins/ 21 Likes 4 Shares
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Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by successmatters(m): 11:33am On Feb 16 |
That's bad If you didn't help this business man to subsidize his purchases and expenses, if you didn't give him the capital to set up or to operate, you have no rights to force him to sell at a particular price. But this will always backfire, as more owners lock up or transfer their goods, or go underground, the goods will enter black market, and everyone who really needs it will pay triple the cost, at the point of death. Buharri tried that in 1984, someone should please remind me how that matter ended? Allow free market economy to dictate prices. 200 Likes 12 Shares |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by Bigboytinz: 11:34am On Feb 16 |
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Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by shortgun(m): 11:37am On Feb 16 |
Nice one. The battle has always been the rich vs the poor. 22 Likes 7 Shares |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by princepeter566: 11:38am On Feb 16 |
U will suffer this great tinubulation and still suffer the great tribulations if u are a tinubu supporter 104 Likes 6 Shares |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by ayspac(m): 11:38am On Feb 16 |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by engrfaruq(m): 11:38am On Feb 16 |
Let the FG revert to status quo first, all this crackdown on legitimate businesses won't solve anything. 96 Likes 4 Shares |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by kayusely70(m): 11:42am On Feb 16 |
That's good! This one will be a big lesson for others! 11 Likes |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by abhosts(m): 11:45am On Feb 16 |
Any form of price fixing regarding any product that is not produced by govenment is a bad idea. Go and ask the Venezuelans. 91 Likes 5 Shares |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by Redoil: 11:46am On Feb 16 |
we ar running a cpitalist system so those hoarders are not wrong 38 Likes 4 Shares |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by mbaise1000: 11:57am On Feb 16 |
NextUK: Chief, you are still calling IGBOS names and want others to blame IGBOS for this things going on in nigeria? You haven't still realized that it's not IGBOS wailing loudest now? 153 Likes 7 Shares |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by blowjohn(m): 12:05pm On Feb 16 |
Ah! The great sahad stores? This some serious ish O. If u know the number of shoppers that enter that store u will understand why am surprised 6 Likes |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by mbaise1000: 12:12pm On Feb 16 |
NextUK:Wow, that's an interesting opinion, but it's not what you or anyone think that matters here. What matters here is the reality on ground, if the IGBOS are suffering this hardship most, that won't make them bad because they know in advance that it will be so and didn't vote for it, if those that voted for it happens to be in reality suffering it most, you can decide what is going on through their minds and life because they either weren't capable of seeing a few months ahead or saw it but voted against their personal interests to spite IGBOS, whichever one you chose, BTW, we heard the protests have started and it wasn't from the IGBOS. Remain blessed 62 Likes 2 Shares |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by Seefinish: 12:15pm On Feb 16 |
Tinubu should go after bandits who are sacking farming communities across the country thereby causing food shortage and inflation and not people's businesses 54 Likes 4 Shares |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by jmoore(m): 12:15pm On Feb 16 |
9ja journalists and illiteracy. There was no hoarding act in the story. Cheating customers is not hoarding. 14 Likes 1 Share |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by mbaise1000: 12:21pm On Feb 16 |
DiscoverID:It's not really about who is ruling your country, the truth remains that wherever you are, I don't think you are buying fuel cheaper than IGBOS, I haven't heard that you are buying food cheaper than the IGBO because your brother is ruling nigeria, and what most of you don't want to accept is that the average IGBO person is not interested in who rules nigeria, if obi is the president of nigeria today and the country is in this situation, tell me how it will benefit the IGBO person, it's so ironic and unfortunate that a person who claims intelligent and will call others haters will willingly vote against his personal interests to spite others. And BTW, where are the IGBOS celebrating? Telling someone that he is repeating a mistake which the person will gladly make again is not celebration, even telling someone "I told you so" is not a celebration, depending on how you understand it 65 Likes 7 Shares |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by Dpharisee: 12:22pm On Feb 16 |
NextUK:Your face while typing this 👇 69 Likes 2 Shares
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Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by RepoMan007: 12:31pm On Feb 16 |
You are solving nothing. Just doing gazelle gagaraga. 16 Likes |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by flexyrule(m): 1:13pm On Feb 16 |
Madness 1 Like |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by AbuTwins: 1:13pm On Feb 16 |
Close them and carry them go court! Every time the government comes up with a policy someone is somewhere ready to frustrate it. 2 Likes 2 Shares |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by Dialpad: 1:13pm On Feb 16 |
This is not the solution, how many stores will you shut down 9 Likes |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by sofeo(m): 1:13pm On Feb 16 |
Alright |
Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by Johnjustice: 1:14pm On Feb 16 |
successmatters:The law provides for government to clamp down on people exploiting the citizens with exorbitant prices. Are you on the side of the crooks or the people? Consumer protections act. No situation can be worse than what we are facing now, if you and them like, close down your business, it won't affect Nigeria. 18 Likes 6 Shares |
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