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University Of Ibadan Produces Rice, 10kg Costs N4k, 25kg Costs N9,500 (Pics) - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / University Of Ibadan Produces Rice, 10kg Costs N4k, 25kg Costs N9,500 (Pics) (44731 Views)

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Re: University Of Ibadan Produces Rice, 10kg Costs N4k, 25kg Costs N9,500 (Pics) by Ken4Christ: 10:59pm On Dec 08, 2016
The market force and competition from other local rice producers will eventually determine the price.

If you can get the same quality of rice from another local source at a cheaper price, they will be forced to bring down their price otherwise they will not receive the required patronage.

We need more of government and private sectors investment in rice production all over the country. If this happens, price of rice will drop drastically.
Re: University Of Ibadan Produces Rice, 10kg Costs N4k, 25kg Costs N9,500 (Pics) by FabioPeter: 12:04am On Dec 09, 2016
This is commendable.
Re: University Of Ibadan Produces Rice, 10kg Costs N4k, 25kg Costs N9,500 (Pics) by Cromagnon: 12:40am On Dec 09, 2016
fiizznation:
This is nice. Nobody operates a mono economy in this "capitalist" world anymore. If only the evil empire called pdp didn't waste 16yrs doing nothing, Nigeria would have definitely made tremendous progress in agriculture, housing, education, health etc. But what did we get during pdp's era of corruption and impunity, NOTHING.

PDP pushed the country into recession, they gave us gigantic poverty and terrorism, and the thieves still have the nerves to point their leprosy inflicted fingers at APC. Anyway Nigerians will surely be grateful for making the right decision, the decision of voting for positive change, the decision of putting nigeria on the right track, the decision of sending those pdp penrobbers back to where they rightly belong
it's like you stabbed demand and supply class

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