ddd

The state Government shud give and igbo ultimatum to leave the state too arrogant set people,
#TEAMONENAIJA#
#HATEARROGANTIGBO#

Normally, I will be against all manner of government-mandated price fixing but it looks like the government here is trying to curtail price fixing by a cartel. If the government can pull it off, that will be excellent.

Blue3k:
Does the Union own the market spots? How exactly can they seize them from non unionized seller?

They do dictate who sells in the market

mykelmeezy:


and the sellers aint also suffering abi



let those bastards give up there salary for just 4months.....

Those sellers are just wicked

if they become Biafra na so so them go carry wekedness finish them self

Sunnycliff:
Our political leaders are just plainly stupid.

For how long to we use force to stabilize prices of goods and services rather than allowing the law of demand and supply to control the market since we are are capitalist and not socialist economy.

If the prices of food stuffs are reduced what bout the prices of inputs and raw materials?

Didn't read were it stated that the union are preventing it? The only that law can work is were the union is checked or eliminated

specter:


Various state government can also consider this, e.g sending lorry loads to the source of production and flooding their local market with it, in order to forcefully crash the price. But that will come and bit them during election and it's kinda dictatorial. I believe with this threat and eventual disbanding will make things right. The middle men are the problem. They buy very cheap from the farmers cos farmers are prohibited from selling directly to the consumers, and then control their prices like our electricity distribution companies.

Threats and bans are just temporal, just make them irrelevant.

What is required is a sustainable agric policy, it will cut the power of both middlemen and unions.

- Govt partner with private firm to run farm settlements in their states
- Govt have reserves and farm settlements supplies the reserves
- Govt will have contract with small scale famers to supply products not available in farm settlement
- Govt partner with private coys to create processing factories that can add value along the chain
- Middlemen are cut off since these farmers have the option of selling directly to govt reserves or sell directly to processing factories at a fixed price. Example is the Dangote Tomato Paste factory sited in Kano beside farmers.
- Any price increase by middlemen can be cut off with supply from reserves and vice versa for excess supply.

Shouldn't government establish commercial farms in parts of the state for cultivation and production of cassava for garri, etc, rice, assorted fruit plants and other basic food crops, than sit in air conditioned offices to issue ultimatum? For decades now, it is Cross River State that has been feeding Akwa Ibom with garri. a staple food of Akwa Ibom people. Its bad.

NwaObinkita:


Nigerians are so exploitative....



Dollar instability has made even farmers increase the price of maize.


Imagine that!!!

Yes, that makes sense. If they don't increase the price of their maize, they would not be able to afford other commodities they depend on that the dollar hike has affected.
You don't expect them to keep the price of maize unchanged when the price of other commodities (affected by the dollar rise) they buy have risen. It will be foolish and suicidal.
The scarcity of foreign exchange, coupled with the reckless CBN ban on some commodities from accessing the foreign exchange window could not have led to anything else but a general inflation. That's how the economy works.

For real?

BornAgainMay:
Ayade should follow the same path.




Those ppl are wicked. I was buying *Bread wey hand no dey touch* for 150# in cross river during my service


You can't even buy coke less than 100#

Ayade is cross river governor.

Mehn, that state happens to be the most expensive state to stay.
My service year there was hell.
My allawee doesn't even last for two weeks.

whitering:


Ayade is cross river governor.

Yes Ben Ayade

good move,let federal govt to follow suit and make life better for common man

NwaObinkita:


Nigerians are so exploitative....



Dollar instability has made even farmers increase the the price of maize.


Imagine that!!!

Fertilizers bought nko?

Talk True
u fail econs abi
its called demand and supply of substitute goods

NwaObinkita:


Nigerians are so exploitative....



Dollar instability has made even farmers increase the the price of maize.


Imagine that!!!

Talk True
u fail econs abi
its called demand and supply of substitute goods.everything is intervened..less rice equals pressure on garri

NwaObinkita:


Nigerians are so exploitative....



Dollar instability has made even farmers increase the the price of maize.


Imagine that!!!

Buyers need to form union and buy in bulk

smartty68:
Nice move. Sellers have taken advantage of the current situation. A country where everyone is an opportunist!!!

[quote author=Blue3k post=57301774]

Source: http://www.premiumtimesng.com/regional/south-south-regional/233296-akwa-ibom-govt-gives-traders-31-days-ultimatum-to-reduce-price-of-foodstuff.html



This is the height of insanity on the part of the government. You cannot control prices of item you do not produce. I hope they would tell Policemen to stop collecting "egunje" from transporters and disarm herdsmen from disrupting farming activities. I feel most times that those in government are under some kind of spell with the way to talk

If another person can source the stuff for 4k you r in the wrong bizness and should be exporting the populace with your laziness

femiranking28:
If I buy stuff for 10k I should sell for 5k right. Mr governor na now things go hard to find for market ehh

mikolo80:
Talk True
u fail econs abi
its called demand and supply of substitute goods.everything is intervened..less rice equals pressure on garri

take out time to plant maize and see how it works. What assistance has the government provide for farmers? All you hear is government is going to, government plans to, and you expect the farmer to produce with his sweat and sell it for pittance? I own a farm and i know what is cost to manage it.....farm produce can come cheap under the present circumstances.

What is 30000 minus 18000 is that profit or extortion.its like you enjoy suffering

Thisis2raw:
This pure madness. She they sell it below what they bought the stuffs?

I pity naija.. Things are done daily in this country as if our leaders are brainless

We r mixed economy with crucial aspects (power,rail,land)under socialist mismanagement

Sunnycliff:
Our political leaders are just plainly stupid.

For how long to we use force to stabilize prices of goods and services rather than allowing the law of demand and supply to control the market since we are are capitalist and not socialist economy.

If the prices of food stuffs are reduced what bout the prices of inputs and raw materials?

Thisis2raw:
This pure madness. She they sell it below what they bought the stuffs?

I pity naija.. Things are done daily in this country as if our leaders are brainless

Did you digest the news very well, if you skip some lines i advice you go back and read again now slowly..........To expansiate more The aide was saying that At Aba Crafish is cheaper than in Akwa ibom meanwhile the Aba people bought Crafish from Akwa ibom....The same Akwa ibomites that brought their crafish to Oilmill market in PH will sell it far cheaper than what you will obtain in Uyo this is because of Unionism

NwaObinkita:


Nigerians are so exploitative....



Dollar instability has made even farmers increase the the price of maize.


Imagine that!!!

Sorry no vex, but if u studied economics you would understand why farmers increase their prices too.

mikolo80:
Buyers need to form union and buy in bulk

They already have a union Bro. The union ain't even helping matters either and they're the ones even responsible for price hike on commodities.

suffering in our land, God please help Nigeria.

I mean the market goers ,me and you not resellers

smartty68:

They already have a union Bro. The union ain't even helping matters either and they're the ones even responsible for price hike on commodities.

I'm about to do just that
only a mumu will still be a govt he has no stake in.de r not talking about farmers but traders

I'm sure you didn't read the post for commenting. The farmer already sold for 18k and the unions want to force everyone to buy for 30k .

2T215:


take out time to plant maize and see how it works. What assistance has the government provide for farmers? All you hear is government is going to, government plans to, and you expect the farmer to produce with his sweat and sell it for pittance? I own a farm and i know what is cost to manage it.....farm produce can come cheap under the present circumstances.

mikolo80:
I mean the market goers ,me and you not resellers

Lol! Sorry for the misunderstanding. Ok but the market goers has this "I don't care attitude". The union would rather be futile

Sunnycliff:
Our political leaders are just plainly stupid.

For how long to we use force to stabilize prices of goods and services rather than allowing the law of demand and supply to control the market since we are are capitalist and not socialist economy.

If the prices of food stuffs are reduced what bout the prices of inputs and raw materials?

May be you did not understand the situation in the state. The market unions don't even allow traders who want to sell their goods at cheaper rate to sell at all. The unions determine the prices and force all members to abide by it, and if you are not a member you wont be allowed to sell in the markets.