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Nairaland Forum / Nairaland / General / Politics / Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices (40119 Views)
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Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by Lordave: 10:09pm On Feb 01, 2017 |
wristbangle:Ok, you are saying that some traders are taking advantage of the economic misfortune by hiking prices unreasonably. But that's a tough and almost illegal task for FG to embark on. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by Fedayeen02: 10:11pm On Feb 01, 2017 |
Billyonaire:
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Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by gbegemaster(m): 10:14pm On Feb 01, 2017 |
DjAndroid:That picture be like prophesy. 2 Likes |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by mr1759: 10:14pm On Feb 01, 2017 |
there is a need also for this Yoruba professor to display intelligence or he wan tell us say bub without certificate better pass am let him set up committee to also bring down the price of petrol, extortion like removing 50 from every withdrawal etc |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by PresidentAtiku(m): 10:15pm On Feb 01, 2017 |
If it will bring down prices, why not? Just hurry up before oga hardship returns. Sadly he will reverse it and increase prices instead! |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by wristbangle: 10:16pm On Feb 01, 2017 |
Lordave: Exactly at the bolded. yeah it's gonna be difficult especially now that the necessary factors to make it work has not been put to place yet. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by okemejames(m): 10:36pm On Feb 01, 2017 |
This is a very bold step! There's no price control policy and this is a major reason for the high cost of living. I Just Hope It Works |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by OYAY(m): 10:40pm On Feb 01, 2017 |
We are such a pessimist in this country,the personalities in that committee should explained it all that it is going to be an holistic approach in the sense that those that are germane to policy formulation are part of the committee hence deciphering the cause and solution will be easy;it would have been a different ball game if the members were security agents or a third party. I hope they will come up with something tangible that will touch all sectors that culminated to the situation we are. I think the president should give more opportunity to the VP to act,we can see semblance of proactiveness in governance in the last two weeks. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by DavidEsq(m): 10:45pm On Feb 01, 2017 |
Sori u don't need all diz olodo ministers to find the solution to a problem dey caused. Just get a few farmers from ur backyard, tomatoes sellers Oga, etc and u wld find the solution. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by Jesusloveyou: 10:47pm On Feb 01, 2017 |
AZeD1:that is a big lie, ipod yoot said is by given oyibo our job to do for us. 1 Like |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by Bowwow11(m): 10:49pm On Feb 01, 2017 |
if dis decision wil see the living day light den it will be a welcome development |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by OreMI22: 10:51pm On Feb 01, 2017 |
Oga Osinbajo, Why don't you simply use Buhari's style and "ORDER" the food prices to be sold at what you like and then "ARREST" anyone selling food above government approved prices. Chai, Nigerians have suffered under truly confused government. 1 Like
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Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by egobetatoday: 10:57pm On Feb 01, 2017 |
Hehehehehehe. Who are the idiots that took us back to 1984? This was exactly what happened then. There was food rationing and price control. Ok, here we are. Welcome to the new year 1984 hehehehe. The big question is- why is it only when buhari is in power that they have to ration and control prices of items? The content of the skull is a big issue here if u ask me. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by InvertedHammer: 11:15pm On Feb 01, 2017 |
/ May be he has never heard of trickle down effects. When traders sell cheap, how can they afford other items with rate of inflation over 100%? \ |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by diplomat058(m): 11:32pm On Feb 01, 2017 |
Lanretoye:We won't be geared towards self-dependency if we keep getting what we want from outside without any form of restraints That being said, what I think should have been done is not to place outright ban on some essential commodities, particularly consummables. The government can place like 300% import duty on this items and then turn around to subside the effects by implementing large scale agricultural subsidies for same locally produced commodities, effective price control mechanism to ceil prices, and government should ensure transparency and honesty in all of these. This, I think will not only drive out foreign products outta our markets without necessarily lmpeding peoples purchasing rights, It will also stimulate our local productive industries, and save our nation of considerable forex worth of billions-dollars These will genuinely help in our quest for sustainable development and import-substitution. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by princejenks(m): 11:33pm On Feb 01, 2017 |
I hope the task force wont become another dss that would be arassing market woen all over the place |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by Nobody: 11:41pm On Feb 01, 2017 |
Lanretoye: How can u be self sufficient when always get supplies. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by yom2(m): 11:42pm On Feb 01, 2017 |
Lanretoye:but all dis years d borders has been open u never grew self suficient but rather killed local production. There are 2 sides to a coin, look at it critically. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by dederocs(m): 11:42pm On Feb 01, 2017 |
Transportation and preservation...gbam,but why did it take them so long to ubderstand this problem...sad. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by chesseed: 11:45pm On Feb 01, 2017 |
Lanretoye: This is how it is supposed to be, but what do you do when cost of importation is far cheaper than production in Nigeria. Nobody is Willing to run a lose, so everybody just dey import. resulting in huge unemployment. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by micflo28(m): 11:57pm On Feb 01, 2017 |
our politicians awash our brain with media sensationalistic promises and moves. Everything depends and works mutually for the success of them all. How can they be contemplating increasing again fuel price, price of gas skyrocketed too and they expect to beat down price of foodstuffs. Increment in price of foodstuffs is as a result of increment in fuel price, dollar price etc making cost of transportation of dis foodstuffs rise and yet they include their profit untop of the price increment as they need to make gains. This government is a hoax. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by cooljude(m): 12:26am On Feb 02, 2017 |
wristbangle: It's either you are being dubious or just ignorant, your view is too simplistic. Pricing in the Market is not affected solely by demand and supply. for example, you are a farmer and you harvested X amount of yam for the year, from that X amount of yams, you would feed your kids, cloth them, pay their school fees, pay their medical bill, drink with friends, pay house rent and so many other things in life. All of a sudden due to some policies or strange reasons the buying power of your currency reduces and you realised that if you continue with that price you sold your last produce, you may die of starvation before the next harvest. From the depth of your mind, without being biased what would you do. |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by yinkslinks(m): 12:29am On Feb 02, 2017 |
When u finally become the president soon, i see you making life easier for us all. Does anyone notice since he became acting president, he talks tough. Where is our real president bikonu? |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by refreshrate: 12:31am On Feb 02, 2017 |
Paperwhite: My brother if I tell you how confused I am reading this! The other one no get certificate o This one is supposed to be a professor Abi mumuism is now a viral disease? God Pls who did we offend to end up like this bikonu? |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by refreshrate: 12:36am On Feb 02, 2017 |
micflo28: Please help me tell them o some are here forming economist and drawing theories from the air like junkies despite obvious realities |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by Jammiiee(m): 12:36am On Feb 02, 2017 |
Nope. This method will never help us to produce locally. We need to suffer this first till it buffers up. Rome wasn't built in a day. If u open the borders, u will be doing more harm than good. We will never grow and we'l keep aving the influx of commodities which could av bn grown locally. Let's look at the long-term effect and not the short term of getting it surplus by depending on importation. All we need is patience, things would shape up soon, I assure u. We need to be providential Lanretoye: |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by vickylincon(m): 2:32am On Feb 02, 2017 |
Lanretoye:i guess you have forex to pay them. don't forget oil takes 75% of our forex |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by Nobody: 2:58am On Feb 02, 2017 |
Bunch of irredeemable old fools! Una cup go soon full! |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by Nobody: 3:06am On Feb 02, 2017 |
Hypocritical power-drunk demons!...keep deceiving ur d.umb selves! Only a violent revolution can oust these criminals! |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by VagileVictor(m): 4:42am On Feb 02, 2017 |
Mr. Professor it is unfortunate that you don't understand how the demand and supply works. The mathematics is so simple. Check the increase of petroleum produce i.e PMS, AGO, DPK, etc. and confirm the need for stability of prices. Consider the transportation of the farm produce i.e the conditions of the roads, vehicles and their spare parts, the drivers and their families survival also. Consider the fertilizer that was almost free but now costs more. Compare the population growth as at 2006-2016 and no census was taken to ascertain the actual number of persons that should be provided for. Let me stop here. 1 Like |
Re: Osinbajo Appoints Amaechi,ogbeh,ngige To Beat Down Food Prices by repogirl(f): 5:06am On Feb 02, 2017 |
As long as cost of daily living is high due to increased fuel prices, increased and poor power supply, scarcity of some products due to high import tariffs and banning of the items, food prices will still be high. Even fertiliser is either scarce or expensive as you people removed the subsidy from it. You think the farmers don't want to make profits? You think they don't have workers who are affected by the increase you people have made on everything, including common kerosene? They cannot live on the same basic salary this year that they lived on two years ago. Are they doing free work? Everyone needs to make profits. Even the transporters who transport the food stuff and the market sellers. You cannot increase the cost of basic amenities and expect people's products and services not to increase. Check yourself Osinbajo, check your policies, otherwise this your group of dull misfits will never achieve anything. |
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