boostdom:


Higher prices of goods will attract higher profits on investment in a recessed economy?

MrEverest:
Nigerians are treating a deadly situation with kids gloves, the earlier Buhari is removed, the better for us all. By january, Nigeria will enter depression and the crises that will result from it due to starvation will be terrible!

MrEverest:
Nigerians are treating a deadly situation with kids gloves, the earlier Buhari is removed, the better for us all. By january, Nigeria will enter depression and the crises that will result from it due to starvation will be terrible!

ba7man:
So "Chain-ji" is the cause of falling oil prices

mrvitalis:

It is not about government its about private sector
Higher prices of goods, attracts higher profits on investment which will attract investors and then in turn create jobs and market forces will force prices down on the long run

Bizibi:
this is not eco 101,right now,investors are looking at Ghana as a favourable.....govt plays a role in an economy.the present govt policies are not helping issues now.

mrvitalis:

It is not about government its about private sector
Higher prices of goods, attracts higher profits on investment which will attract investors and then in turn create jobs and market forces will force prices down on the long run

EternalTruths:


Economic illiterate,

Higher prices will reduce demand/supply and see profit nosedive on the long run

Lower prices increases demand/supply and see profit skyrocket on the long run

mrvitalis:

It is not about government its about private sector
Higher prices of goods, attracts higher profits on investment which will attract investors and then in turn create jobs and market forces will force prices down on the long run

airminem:
What The Heck? Give Me Xample Were It Ever Worked And You Wil Tell Me ' Telecoms'. Sorry Man

SycophanticGoat:


High prices of goods results to high profits which in turn will attract investors... You just typed it and it feels so easy. As if with one finger swipe, all you said will be in place. If all you postulated here were so easy to achieve in Nigeria, then why are investors moving out in droves rather than coming in?

You have a country guzzling on people's wealth through multiple taxation without bringing anything to the table but yet you feel it's easy for investors to just troop into the country because prices of goods are high.

Firstly, there's grave infrastructural deficit in this country. Most times these businesses provide their own roads, water, power, etc.

The country is in recession and that one shoots up prices doesn't necessarily mean they'd sell and make profit. You should ask yourself, how many people has the capacity or means to acquire the same luxury they used to enjoy?

How will investors troop into a country with massive foreign round-trip ping when businesses don't even have the means to acquire raw materials and machineries to keep their businesses going?

mrvitalis:

Lol state the theory please

Its stated that inflation Leeds to employment. .. How?

Bizibi:
this is not eco 101,right now,investors are looking at Ghana as a favourable.....govt plays a role in an economy.the present govt policies are not helping issues now.

LagosismyHome:

Boredom is a terrible thing ooo ......

EternalTruths:


Read that news again

It says, inflation and unemployment is increasing.

mrvitalis:

We have good investors and we have what i term bad investors...

More people are going into garri processing, rice farming, shoe making, clothes production etc... these process don't happen in even 5 years... . How long did the telecom sector take

Why do u think the prices of data and calls keep going down

mrvitalis:


Telecoms, is a typical example, and u know that

mrvitalis:

It is not about government its about private sector
Higher prices of goods, attracts higher profits on investment which will attract investors and then in turn create jobs and market forces will force prices down on the long run

valdes00:
If you're bored like I am, here's what to do: Place a cube of sugar where ants are prevalent in your house. Observe as one ant will spot it, the little snitch will then go and report to others. After it has left, remove it, so that when the other ants come they will think the other ant is a liar and will never trust it again.

mrvitalis:

This is the best time for Nigeria.... Cheap dollars supply is no more so our subsidy for every goods can't be sustained.. . Look local production will grow

drss2:
d massive looting currently going on under buari's govt is unbelievable. wat happen to all d monies saved from leakages n ghost workers

SIRKOL:
Why do u want to cause a divide amongst ants?

MrEverest:
Nigerians are treating a deadly situation with kids gloves, the earlier Buhari is removed, the better for us all. By january, Nigeria will enter depression and the crises that will result from it due to starvation will be terrible!

mrvitalis:

Those thefts u call investors are going to Ghana because they hope to rip them easily... .. .

What will stop me from investing in rice farming now

Opiletool:


Yeah, but is the government planning towards that? what is the government doing to implement the plans? until the government set up palliative measures as she accordingly move towards implementing better plans to alleviate the suffering, I still maintain my stance that these are terrible times to be called a Nigerian. Not because of the recession, but because the government is clueless as to what to do to make a turn around in our economy .