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Inflation: What Is Happening Pls? - Food (6) - Nairaland

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Food Inflation Rises To 21.79% In February 2021 (Highest In 15 Years) / Food Inflation In Nigeria / Food Inflation Jumps To 14.09% In Nigeria (2) (3) (4)

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Re: Inflation: What Is Happening Pls? by Sakamaje: 1:53pm On Jul 21
skywalker240:

My guy, no yeye double


Make person hustle turn jackey first?

Upon all the multi hustle at the same time men de run here, dem still de complain.


The stupid government must always deliberately bring wetin go cause Sapa

That's why I no de blame anybody wey see chance japa leave the country, even the middle class de japa too

To each his own. All of us cannot japa. I don live for Yankee before. I am in Nigeria today by choice. But I won't judge anyone that chooses to japa. As for me, we die here. Selah.

3 Likes

Re: Inflation: What Is Happening Pls? by smasher1(m): 1:54pm On Jul 21
ProJectAnatot:


Hmm. Devaluation . Nawao... And our income is not increasing!! Till when is someone suppose to endure all this?..
Government is cutting cost, not paying salaries on time, increasing and creating unnecessary VAT and yet inflation is still dealing with the little that is left for the citizens to manage!
God pls help us!

You are right! God's kingdom is the only solution to mankind's problems.
Re: Inflation: What Is Happening Pls? by Jostoman: 1:57pm On Jul 21
Iwanttoto:
grin

Am sure the price of mannabbqpig's rotten meat hasn't been affected by inflation grin
grin cheesy grin grin
Re: Inflation: What Is Happening Pls? by Jostoman: 2:00pm On Jul 21
Regardless:
Buharinomics. We were shouting this thing since 2015 they didn't hear. We screamed it again in '19, same thing.

Enjoy.
and now everybody is facing the music.

1 Like

Re: Inflation: What Is Happening Pls? by skywalker240(m): 2:01pm On Jul 21
Sakamaje:


To each his own. All of us cannot japa. I don live for Yankee before. I am in Nigeria today by choice. But I won't judge anyone that choose to japa. As for me, we die here. Selah.
All of us cannot japa, but it doesn't change the fact that the highly unfriendly government policies will never favor those who have doubled or those who are intending to double their hustle

Maybe your time at Yankee was not favorable unlike now, in that case you should count yourself lucky (which is rear in this administration)

1 Like

Re: Inflation: What Is Happening Pls? by deenee: 2:03pm On Jul 21
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.

The reason is simple. We like to consume yet we don't produce what we like to consume.

1 Like

Re: Inflation: What Is Happening Pls? by sammyj: 2:05pm On Jul 21
Your contribution is not complete and correct with out adding high insecurity situation in the country !!
vcente:
causes
1. High cost of transportation compared to last year.

2. High operating cost for the companies. Due to (fuel, phcn, taxes)

3. General inflation caused by a very strong US dollar.(this has affected every country) however our own is different due to our excessive borrowing. With a weaker currency we are repaying loans at twice the rate at which we borrowed. Starting the above processs all over again. Leading to a weaker naira.

solution
A stable country and economy leads to a stronger currency.

Learn how to (sanction, transfer and punish) members of your administration who deviate and who's actions effectively inflame the polity. This includes but not limited to policemen, ministers or members of the armed forces.
Our leaders and our governors should at all times. Embrace actions that promote peace and prosperity.

Re: Inflation: What Is Happening Pls? by prince3009(m): 2:09pm On Jul 21
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.

I was in the South East some months ago. There is an inflation with the devaluation of the naira but furthermore ...the reason why the South East seems to be worst hit is because of the embargo the leading oligarchs have placed against the Easterners.

Whether you like it or not, there is a silent ethnic war perpetrated by the Northerners against the South Easterners.


How? From Lagos to the South east there are hundreds of Custom police and military checkpoints that extort drivers bringing in goods into the East. These extortions have adverse effect on the prices of essentials coming into the East.

Let me give you a good example...Golden Penny company produces flour and pasta... now when the truck delivering these products are heading to the North, there are no custom checkpoints on the route leading to the north so no extortion from the truck drivers.

But the FG has made sure that these checkpoints are imposed on the route to the East and by the time they collect thousands of naira from the truck drivers bringing in these things, the production company has no other option than to increase the prices of these goods...so you see?

The reason for this plot is to make sure that the people of the South East die of hunger but UNFORTUNATELY for them, they don't realize that Igbos are dogged and rugged and no matter what, we will never starve unlike them that have started eating grass to survive!

See what happened in Oba over the weekend where money was being lavished anyhow like there is a minting outlet in every home.

Infact, when they saw the "hunger plan" did not work, they decided to seize the opportunity that ESN brought to import terrorists into the South East and tag them unknown Gun Men UGM

1 Like

Re: Inflation: What Is Happening Pls? by Realestatevixen: 2:09pm On Jul 21
P
Re: Inflation: What Is Happening Pls? by michoim(m): 2:10pm On Jul 21
All of the above but one, incompetence.
Re: Inflation: What Is Happening Pls? by WaffenSS(m): 2:11pm On Jul 21
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.

It's a combination of all factors but you left one out: COVID-19.


Globally inflation is rising as a fallout of the pandemic. Supply lines are struggling, some items are scarce.

1 Like

Re: Inflation: What Is Happening Pls? by 2elliot: 2:11pm On Jul 21
Activist001:

Hate has clogged your brain up with large cobwebs that you can't even think properly anymore and see beyond tribalism/bigotry for once in your life.

You're probably and ipob member and the op made it clear he lives in the south east. Has your hate for Nigeria turned you against your own brothers too? Mumu.

The country is getting hard for everybody and the faster we all unite the hold this government accountable for the hardships they've brought on Nigerians, the better.

It doesn't matter what you claim to be and how you see others. You need to eat and pay you bills in NIGERIA. If inflation keeps increasing at this rate, both you and the people you call "terrorists" will suffer the same fate. Hunger doesn't care about your ethnicity or religion neither does the bills.

And incase I forget, your ipob and oduduwa shit is dead on arrival incase you don't know, unless you live in some kind of fantasy Disney world.
You are a big fool!

1 Like

Re: Inflation: What Is Happening Pls? by Theunbothered: 2:25pm On Jul 21
24kmagic:
The problem with us in this country is nobody wants to take responsibility. We are all looking for who to blame..

You that is complaining of high cost of foodstuffs, what have you done to salvage the situation?

Have you been to the farm? The normal excuse everybody gives is "everybody cannot be a farmer", which is true.

But if a bank manager or a software developer can make as much as six figures monthly, why can't farmers make as much? Is it because they don't have certificates?

Garbage Shehu said he was told that only about 3% of our lands are being cultivated. What happened to the other 97%? Imagine if 50% of our lands are being cultivated? Food will be in excess.

Nobody wants to be a farmer but every body wants to buy cheap food.

You complain of herdsmen, bandits, kidnappers, et'al. Yet, you want those that are risking their lives to produce these foodstuffs to sell it at a cheap price.

Some of Una matter tire me for this shithole


PS: I'm neither APC nor PDP

Everyone can't be a farmer because technology has allowed for more food to be produced with less labour.

Also farming is not free, cheap or easy.

You need to buy land, seeds, young animals, take care of them full time, watch for pests and disease, pay vet bills and so on.

Do you expect a full time office worker, doctor or engineer with different projects and responsibilities to travel to a different state every day or week just to watch his farm?

The entire economy would crash.

Nigeria's problem is not a lack of farmers, it is an economic and security framework that was designed to fail from the start.

2 Likes

Re: Inflation: What Is Happening Pls? by Olam09(m): 2:25pm On Jul 21
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.
The reasons for this are insecurity, fulani herdsman menace, Yahoo boys lavish lifestyles and madness from foodstuffs seller e .g putting price on market.. incase you don't know Gas is now 500 per Kg in my area..

2 Likes

Re: Inflation: What Is Happening Pls? by Lewisdinho(m): 2:29pm On Jul 21
I'll advice you ditch bread ( wheat) and fizzy drinks. Since you're in the east, replace bread with Okpa and the sugary drink with unsweetened yoghurt or water
Re: Inflation: What Is Happening Pls? by Theunbothered: 2:30pm On Jul 21
Sonnobax15:
lipsrsealed
No be Buhari be the cause of every problem wey dey face Nigerians... Sometimes,we really need to be factual and be honest with ourselves....An average Nigerian sees any slight opportunity as a way to exploit his fellow Nigerians....Abi na Buhari dey sell flour? Na Buhari dey sell cement? undecided
Abi na Buhari dey process cassava?

An average Nigerian like I said has the interest of the devil himself in his heart than that of his fellow Nigerian..

Knowing all this, our President closed the borders and believed the price of rice would come down.

Buhari gave Dangote free reign to sell his cement and flour abroad during the closure mind you.

Buhari is part of the problem.

1 Like

Re: Inflation: What Is Happening Pls? by PRESIDENT2003(f): 2:32pm On Jul 21
It's been like that since October last year
Re: Inflation: What Is Happening Pls? by Ayo2004: 2:36pm On Jul 21
Tokskob2008:
God will deliver us from this government just like he did in 1998... The hunger is just too much, 10k foodstuffs can't even last a week anymore..
God will not deliver u...
Stop bringing religous sentiments into everything,He gave every nation brains and natural resources(the main ingredients for building a developed nation),the rest is your business

We are our own problem,imagine somebody voting for Buhari in 2019 after four years of suffering already
Even the northerners who are suffering the most under his administration will still vote for him for third term(if possible) and suffer just for the misguided pride they think they have because the leader is one of them
*Spits*

4 Likes 2 Shares

Re: Inflation: What Is Happening Pls? by zukachris(m): 2:42pm On Jul 21
mzBEAM:
Buhari is evil. He's going to end up like Benito Mussolini.




Bookmark this comment.
His nick name is Iron Prefect.
Re: Inflation: What Is Happening Pls? by Princewill1(m): 2:49pm On Jul 21
This will bite salary earners more harder

Commodities in the market will keep increasing while salary earners will be stuck on the same income.

Buhari is a misfit!

2 Likes

Re: Inflation: What Is Happening Pls? by Regex: 2:52pm On Jul 21
iLegendd:


Nothing is expensive. Any nation that makes an expensive mistake by electing the wrong president should never complain.

Since Buhari came in, everything became cheap. A dollar is now 1 Naira.

You people should stop complaining and learn to enjoy the change.

Thank you. Iji ya (you said it)!
Re: Inflation: What Is Happening Pls? by Kernalboy: 2:54pm On Jul 21
could you believe that I went to refill my cylinder today I was told 1kilo is 500 naira' this the worst government I ve ever seen even the blind is feeling it....we most do something before it gets out of hand oooh

1 Like

Re: Inflation: What Is Happening Pls? by Yankee101: 3:02pm On Jul 21
fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? 


All join
It's sad, especially when you live abroad, you see it crystal clear like 3D

1 Like

Re: Inflation: What Is Happening Pls? by vcente(m): 3:18pm On Jul 21
sammyj:
Your contribution is not complete and correct with out adding high insecurity situation in the country !!
i know, but insecurity isn't something that you wave a magic wand. For it to go away. Maybe on another thread thats related to insecurity i might make another contribution.
Re: Inflation: What Is Happening Pls? by bareal(m): 3:19pm On Jul 21
Starboytwo:
1- insecurity. A lot of farmers can’t go to the farm.

2- infrastructural deficit- a lot of the produced goods are perishable and a lot got wasted due to lack of preservation. Infact there’s nothing can be done without ELECTRICITY

3- lack of visionary leaders- what are our politicians doing to checkmate the rising price of food items?

Recommendation

All Nigerians should just brace up for the worst. The price gonna keep going up, unless buhari done something ASAP. But what can Buhari dunderhead do?

Re: Inflation: What Is Happening Pls? by descarado: 3:20pm On Jul 21
Nice question but majority were busy being emotional
Una no pass economics for secondary school eeh?

1 Like

Re: Inflation: What Is Happening Pls? by Jefferyhi86(m): 3:22pm On Jul 21
Even to carry woman don high

2 Likes

Re: Inflation: What Is Happening Pls? by DrewMX(m): 3:29pm On Jul 21
BAD GOVERNANCE is all I can say.
Re: Inflation: What Is Happening Pls? by alfredbisong: 3:36pm On Jul 21
if i m not mistaken you also be shouted say baba sometime ago
Re: Inflation: What Is Happening Pls? by omoyeni37: 3:53pm On Jul 21
24kmagic:
The problem with us in this country is nobody wants to take responsibility. We are all looking for who to blame..

You that is complaining of high cost of foodstuffs, what have you done to salvage the situation?

Have you been to the farm? The normal excuse everybody gives is "everybody cannot be a farmer", which is true.

But if a bank manager or a software developer can make as much as six figures monthly, why can't farmers make as much? Is it because they don't have certificates?

Garbage Shehu said he was told that only about 3% of our lands are being cultivated. What happened to the other 97%? Imagine if 50% of our lands are being cultivated? Food will be in excess.

Nobody wants to be a farmer but every body wants to buy cheap food.

You complain of herdsmen, bandits, kidnappers, et'al. Yet, you want those that are risking their lives to produce these foodstuffs to sell it at a cheap price.

Some of Una matter tire me for this shithole



PS: I'm neither APC nor PDP
Abeggi, why you sef no enter Bush go farm na
Re: Inflation: What Is Happening Pls? by rosalieene(f): 4:14pm On Jul 21
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.
The reasons are not far fetched.
High exchange rate, poor economy, bad governance, corruption etc
Re: Inflation: What Is Happening Pls? by colestephan86: 4:16pm On Jul 21
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
I am of the opinion that , until the southern Nigeria produces at least 50% of what it consumes , we will always have problems.
Locally grown food are relatively cheap in the north . The killer herdsmen are using the idea of killing farmers to starve the nation , since you don't want to give us grazing routes , you sef will not use the land.
Qnd again middlemen are not helping matters
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.

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