Like we aren't playing more for less already...abeg you bakers should park one side jare

Even bread too?

Naija which way

Bread factories in Aba state are on strike since mönday bin looking 4 bread since thursday no wia to get it..

haibe:
Arent we paying more already? Na 230 dem dey sell slice bread for here now.. no more 200

250 for my side

Even if there's 100%increament.
Nigerians will survive

futurenix:
Is Dangote sugar and flour also having this acclaimed price increase? If yes thats totally unacceptable considering he has been securing forex from CBN at official rate while others don't.

In fact the prices of these items for dangote's product should be reduced instead.

I and my employees have been out of business since February so dangote can access forex and just when the CBN announced devaluation he has increased price.

Someone should please tell me dangote's sugar and flour are not part of this increment. Is that even a possibility cause he seems to have monopoly over these items at present.

Just to enlighten you.

It is Dangote refinery that is only allowed to secure forex at CBN and not Dangote Sugar and Flour. Note the difference.

All the same, that the said forex collected by his refinery can be diverted to other areas is highly possible. That is a matter for another day.

I believe the importance of Dangote's refinery to the economy will be greater than yours that's why Government/CBN favours it above other companies (They don't have a choice. Dangote is a smart and shrewd businessman).

Coolgent:

sorry i dont know that you are breadseller but next time learn how to respect your potential customer.
Orangutan

"A breadseller" not "breadseller", you should add "a". Your "don't" is supposed to be "didn't". Its also "Orang-utan" not "Orangutan" Please go and learn English, this is a public place.

addey44:
It's been 250 in Osogbo for sometime now. They dare not increase it here any further!

Dont be so sure.. It was 250 down here in warri until few days ago they increased it to 300. Everything is on the increase. God help us

CuteTj:

Just to enlighten you.

It is Dangote refinery that is only allowed to secure forex at CBN and not Dangote Sugar and Flour. Note the difference.

All the same, that the said forex collected by his refinery can be diverted to other areas is highly possible. That is a matter for another day.

I believe the importance of Dangote's refinery to the economy will be greater than yours that's why Government/CBN favours it above other companies (They don't have a choice. Dangote is a smart and shrewd businessman).

Let me enlighten you better

This is an extract from thisdaylive on the 14 th June 2016

THISDAYLive
Home Nigeria
Buhari Backs CBN Flexible Forex Policy, Says It’s Down Payment for Success
June 14, 2016


The flexible foreign exchange policy of the Central Bank of Nigeria got a presidential nod again yesterday as President Muhammadu Buhari said it would help the country’s economy, which had been badly hit by a slump in oil revenues.

“The central bank has moved to introduce a greater flexibility in our exchange rate policy. These actions are a down payment on our people’s ability to succeed,” Buhari said in an essay he published on the website of The Wall Street Journal. (See back page for full text)


Although the President did not give details of the policy, he explained that Nigeria needed it to boost its supplies of foreign exchange, adding that the country would need to radically increase its exports and productivity as well as improve the investment climate and ease of doing business.

The president’s essay could raise more anxiety about the details of the policy that Thisday reported yesterday might be unveiled this week. The paper had said its informed analysts believed the details might be released this Friday, being the day the CBN receives bids from authorised forex dealers.

Meanwhile, the CBN last week sold $131,323,071.09 to 11 commercial banks and three merchant banks, the returns of forex utilisation published by the respective financial institutions have shown..

However, dollar purchases by Dangote Flour Mills – $2,444,843; Dangote Sugar Refinery -$1,555,156.62; and IATA -$1,500,000; which were UBA’s biggest customers during the week under review, buoyed its performance in forex returns.



Guaranty Trust Bank Plc (GTbank) held the fourth position with a total of $13,119,712.75, just as Zenith Bank Plc with a total forex allocation of $13,110,393.04 came in fifth. Zenith Bank sold the greenback to a total of 496 customers. Also, Zenith Bank’s biggest customers in the week under review was the Dangote Group (Dangote Agro Sacks Limited, Dangote Flour Mills and Dangote Sugar Refinery Plc), which purchased a total of $2,000,000 from the bank


http://www.thisdaylive.com/index.php/2016/06/14/buhari-backs-cbn-flexible-forex-policy-says-its-down-payment-for-success/

You can click to read it and get more enlightened

*Modified*


Of 496 customers to share 13M in Zenith Bank, Dangote got 2M for his flour and sugar.

Of 788 customers to share 14M FirstBank, Dangote got 2M for his cement.

Dangote Flour Mills also got $2,444,843, Dangote Sugar Refinery -$1,555,156.62 from UBA.

And yet we are experiencing increase in prices of sugar and flour when these are just from this week and at official rate of 199 or 197.

So where is this increment coming from?

This is the Hike we've been waiting for.... The French Revolution was influenced by a hike in bread prices. Come on you Nigerians... We've got nothing to lose but our Chain

sinistermind:
Well, like I will always say, i'm fated to be a Nigerian. And this is a price I have to pay for been a Nigerian... very soon cost of air go skyrocket.

I know many Nigerians are proud of their country. But as for me I abhor this Nigeria.

CAPSLOCKED:
ONCE,
A VERY GOOD CHRISTIAN QUOTED THAT..

"MAN SHALL NOT LIVE BY BREAD ALONE, BUT BY EVERY WORD THAT COMES FROM THE MOUTH OF GOD".

IN THE PAST FEW CENTURIES CHRISTIANS HAVE BEEN REASONABLE ENOUGH, TO "SUBCONSCIOUSLY" IGNORE THE EXISTENCE OF SUCH STATEMENT. .. SO AS TO NOT STARVE TO DEATH FOR RELIGION'S FREAKING SAKE!




HAPPY SUNDAY!

That "alone" in that quote shows the importance of "bread" (which means physical food), rather than otherwise.

At least, it shows that man must live by "bread", but not by bread alone.

I dont understand, does federal govt manufacure improver for cassava flour. If so then FG better stay off it. Must everything the federally controlled?

Them think say that one go threaten us?

I go kukuma dy use Garri chop my beans...

See those wey we dy help

Kon dy do yanga

When you give a passenger filled luxurious bus to a keke napep rider....what you get isn't different from what we have now.
The least we demand is to maintain the status quo.

Coolgent:
Who care? I can spent a month without bread

Poor soul!

futurenix:
Is Dangote sugar and flour also having this acclaimed price increase? If yes thats totally unacceptable considering he has been securing forex from CBN at official rate while others don't.

In fact the prices of these items for dangote's product should be reduced instead.

I and my employees have been out of business since February so dangote can access forex and just when the CBN announced devaluation he has increased price.

Someone should please tell me dangote's sugar and flour are not part of this increment. Is that even a possibility cause he seems to have monopoly over these items at present.

Dangote has sold majority of his shares in Dangote flour to Tiger brands of South Africa.

So effectively, Dangote no longer owns Dangote flour and that means your theory is rubbish!

Bread is not difficult to bake. It can be made at home - fresh! As long as you have your oven and the basic ingredients.

nairaimporter:


Dangote has sold majority of his shares in Dangote flour to Tiger brands of South Africa.

So effectively, Dangote no longer owns Dangote flour and that means your theory is rubbish!

Majority (63.35%) of shares sold in 2012 and re-acquired Feb 2016.

http://thenationonlineng.net/dangote-takes-tiger-branded-consumer-goods/


All forex acquired so far were done under the name Dangote and not tiger branded consumer goods (TBCG).

Get your facts straight young man before coming online to showcase your "fullness".

I wonder how what I wrote is a theory not to mention it being rubbish.

May God help us o..especially me that loves bread.. #chai#. Btw, pls how can I download jenifa's dairy.

haibe:
Arent we paying more already? Na 230 dem dey sell slice bread for here now.. no more 200

My precious Valu Bread is now #300 last Friday... It was formerly #250.

Too bad.

futurenix:


Majority (63.35%) of shares sold in 2012 and re-acquired Feb 2016.

http://thenationonlineng.net/dangote-takes-tiger-branded-consumer-goods/


All forex acquired so far were done under the name Dangote and not tiger branded consumer goods (TBCG).

Get your facts straight young man before coming online to showcase your "fullness".

I wonder how what I wrote is a theory not to mention it being rubbish.

Ok, sorry you're right.

futurenix:
Is Dangote sugar and flour also having this acclaimed price increase? If yes thats totally unacceptable considering he has been securing forex from CBN at official rate while others don't.

In fact the prices of these items for dangote's product should be reduced instead.

I and my employees have been out of business since February so dangote can access forex and just when the CBN announced devaluation he has increased price.

Someone should please tell me dangote's sugar and flour are not part of this increment. Is that even a possibility cause he seems to have monopoly over these items at present.

Dangote sugar is nw 13k in OWERRI from 9.2k last mth. Golden penny 12k

Spars bread is now 550, I think we will be left with no other choice than to sample potassium bromate.

Everything has gone up. I went to buy egg this morning they sold one egg for 45 naira

haibe:
Arent we paying more already? Na 230 dem dey sell slice bread for here now.. no more 200

N250 in my area as against N200 for sliced