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Is There Any Chance That Prices Of Goods And Services Will Come Down? - Business (2) - Nairaland

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Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by NwaNimo1(m): 7:38pm On Oct 27, 2023
Come down?

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by Fiscus105(m): 7:38pm On Oct 27, 2023
If govt get dollars to defend naira.
If they drastically reduce Taxes. and

If Nigeria starts refining crude oil.

Though, we still have others factors but these are extremely needed to tackle it immediately

All above mentioned contributed to cost of production. if these achievable, inflation would natural come down.

The above mentioned is easier to say than thou ooo.

We need at least $100B DOLLARS immediately to start with.






They say subsidy is gone.

5 Likes

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by ahnie: 7:38pm On Oct 27, 2023
No,I don't see that happening so long tinubu is still the president.

3 Likes

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by Akwamkpuruamu: 7:39pm On Oct 27, 2023
JagabanB:
Our issues is not with dollar, that's where most of u Nigerians have misplaced priorities.
Our major problem is with production.
If u happen to be in places like Benue during harvest season, u will hear that a paint rubber of groundnut sells for as low as #400 or #500.
In other times, it sells for double that price.
This is just an illustration to show us that things will become cheaper when we have it in abundance.
Prices of goods and services will reduce only when we have them in abundance, how do we get them in abundance, by investing in production, what we should be agitating for is support from all quarters, from FG, various State Governments, wealthy individuals to invest into the society by empowering young Nigerians with the finance to go into production.
The energy we use in posting, reposting and talking about dollar, if Nîgeriàns channel that energy into this, we won't be talking about dollars on the long run and things will be easier then.

You want to go into farming, wont you seek permission from fulani herdsmen?

8 Likes 1 Share

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by favour32(m): 7:41pm On Oct 27, 2023
Pre_election= Everything dey sweet.
Post_ election=Everything dey bitter.


Na only one thing fit come down
for Nigeria.

3 Likes

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by valentineuwakwe(m): 7:43pm On Oct 27, 2023
Not in Nigeria......the laws of gravity is not obey here...any thing that goes up in Naija does not come down!

3 Likes 1 Share

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by vickthourh(m): 7:45pm On Oct 27, 2023
No GRAVITY in NIGERIA

what goes up, must stay up or even higher

3 Likes

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by stasius: 7:46pm On Oct 27, 2023
Ask Tinubu

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by Oju4190: 7:48pm On Oct 27, 2023
Goodvibes007:
A lot of Nigerians are extremely greedy. They would still want to sell at high prices even when the economy improves.
Very Greedy......sumone bought BUA cement for 3500 and still went to sell it to or 5500

2 Likes

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by LOVEGINO(m): 7:48pm On Oct 27, 2023
GanagiBeetrus:
In recent times, prices of Goods and Services have been going up almost on daily basis, especially after the onset of Tinubu's administration and subsequent removal of Fuel Subsidy.

My phone I bought last July, I was shocked to discover the current price has increased by over 100k, in just a space of 3months.

Mr President has assured Nigerians that things will soon get better.
Even a notable Man of God prophesied that Naira will soon become stronger than Dollar.

Realistically and in all honesty, do you believe that prices of Goods and Services will return back to at least how it was before Tinubu's regime?
very very possible but not in nigeria.

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by ennypita: 7:48pm On Oct 27, 2023
Nonexisting1:
In Nigeria, whatever goes up stays up.
I tell u. The only thing that rises and come down in Nigeria is a man's pen*s. Apart from that nothing else

3 Likes

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by davidtemi(m): 7:49pm On Oct 27, 2023
Why are u like dis nah @op
What kind of question is this nah
Are u from Ghana?
Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by seguno2: 7:50pm On Oct 27, 2023
GanagiBeetrus:
In recent times, prices of Goods and Services have been going up almost on daily basis, especially after the onset of Tinubu's administration and subsequent removal of Fuel Subsidy.

My phone I bought last July, I was shocked to discover the current price has increased by over 100k, in just a space of 3months.

Mr President has assured Nigerians that things will soon get better.
Even a notable Man of God prophesied that Naira will soon become stronger than Dollar.

Realistically and in all honesty, do you believe that prices of Goods and Services will return back to at least how it was before Tinubu's regime?

Not for as long as Tinubu and his fellow rogue former governors are in charge of our country.

The lootocracy they did in their states is what they are doing at the federal level. Unfortunately for them and all of us, they don’t have the president and federal government to blame for their own failures, since they are now the president and federal government.

Sharing money under bogus CCT schemes instead of making people work is a recipe for endless and enduring high cost of goods and services.

1 Like 1 Share

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by BeigJawnson(m): 7:51pm On Oct 27, 2023
JagabanB:
Our issues is not with dollar, that's where most of u Nigerians have misplaced priorities.
Our major problem is with production.
If u happen to be in places like Benue during harvest season, u will hear that a paint rubber of groundnut sells for as low as #400 or #500.
In other times, it sells for double that price.
This is just an illustration to show us that things will become cheaper when we have it in abundance.
Prices of goods and services will reduce only when we have them in abundance, how do we get them in abundance, by investing in production, what we should be agitating for is support from all quarters, from FG, various State Governments, wealthy individuals to invest into the society by empowering young Nigerians with the finance to go into production.
The energy we use in posting, reposting and talking about dollar, if Nîgeriàns channel that energy into this, we won't be talking about dollars on the long run and things will be easier then.


You are right... Even the petroleum we use is imported... And fuel is the heart of an economy that is working.

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by chukkystar(m): 7:51pm On Oct 27, 2023
Nope. Inflation will only come down when certain long-term policies are implemented. Till then nothing ooo

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by BeigJawnson(m): 7:51pm On Oct 27, 2023
GanagiBeetrus:
In recent times, prices of Goods and Services have been going up almost on daily basis, especially after the onset of Tinubu's administration and subsequent removal of Fuel Subsidy.

My phone I bought last July, I was shocked to discover the current price has increased by over 100k, in just a space of 3months.

Mr President has assured Nigerians that things will soon get better.
Even a notable Man of God prophesied that Naira will soon become stronger than Dollar.

Realistically and in all honesty, do you believe that prices of Goods and Services will return back to at least how it was before Tinubu's regime?

This question is meant for the townhall dwellers and their balablue leader...

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by Emdebby2: 7:51pm On Oct 27, 2023
One thing you should understand as a Nigerian is that anything that goes up does not come down.

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by BeigJawnson(m): 7:52pm On Oct 27, 2023
Goodvibes007:
A lot of Nigerians are extremely greedy. They would still want to sell at high prices even when the economy improves.

This is not the answer to the question...

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by BeigJawnson(m): 7:53pm On Oct 27, 2023
FitCorper:
Now we will realize that Nigerians are greedy people, regardless of government.


This is not the answer to the question.

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by agos: 7:54pm On Oct 27, 2023
FitCorper:
Now we will realize that Nigerians are greedy people, regardless of government.
can government control the price system?

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by tete7000(m): 7:54pm On Oct 27, 2023
This same question must have been asked in 1960 and subsequent years after.

3 Likes 1 Share

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by seguno2: 7:56pm On Oct 27, 2023
JagabanB:
Our issues is not with dollar, that's where most of u Nigerians have misplaced priorities.
Our major problem is with production.
If u happen to be in places like Benue during harvest season, u will hear that a paint rubber of groundnut sells for as low as #400 or #500.
In other times, it sells for double that price.
This is just an illustration to show us that things will become cheaper when we have it in abundance.
Prices of goods and services will reduce only when we have them in abundance, how do we get them in abundance, by investing in production, what we should be agitating for is support from all quarters, from FG, various State Governments, wealthy individuals to invest into the society by empowering young Nigerians with the finance to go into production.
The energy we use in posting, reposting and talking about dollar, if Nîgeriàns channel that energy into this, we won't be talking about dollars on the long run and things will be easier then.

Why should any young Nigerian who is smart go into production when he can make billions being an agbero like MC Oluomo who has said that school na scam?

What is the motivation for young Nigerians to use empowerment money to be productive when they can be thugs to politicians, with the expectation of being politicians who receive too much money from the masses without doing anything, in due course?

Make you sef reason the thing well well o.

2 Likes 2 Shares

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by seguno2: 7:57pm On Oct 27, 2023
FitCorper:
Now we will realize that Nigerians are greedy people, regardless of government.

How is the government different from the masses who actually own the government

1 Like 1 Share

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by Fiscus105(m): 7:58pm On Oct 27, 2023
JagabanB:
Our issues is not with dollar, that's where most of u Nigerians have misplaced priorities.
Our major problem is with production.
If u happen to be in places like Benue during harvest season, u will hear that a paint rubber of groundnut sells for as low as #400 or #500.
In other times, it sells for double that price.
This is just an illustration to show us that things will become cheaper when we have it in abundance.
Prices of goods and services will reduce only when we have them in abundance, how do we get them in abundance, by investing in production, what we should be agitating for is support from all quarters, from FG, various State Governments, wealthy individuals to invest into the society by empowering young Nigerians with the finance to go into production.
The energy we use in posting, reposting and talking about dollar, if Nîgeriàns channel that energy into this, we won't be talking about dollars on the long run and things will be easier then.


How are we going to go into big production, without (petrol, diesel and electricity)? THEY are the engine rooms for productions, these two energy apart from other factors which including heavy machines. For now, we are not seeing them readily available in naija territory, but outside nigeria, to get them, we need dollars to get them.

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by gassbee: 8:03pm On Oct 27, 2023
The manner in which prices of basic items are just increasing is really scary

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by Lanre1st(m): 8:06pm On Oct 27, 2023
That's mirage, political promises, unrealistic hope

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by CaptainFM1: 8:06pm On Oct 27, 2023
Prices of goods may come down, but prices of services I doubt.
Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by thesmallgod(m): 8:08pm On Oct 27, 2023
JagabanB:
Our issues is not with dollar, that's where most of u Nigerians have misplaced priorities.
Our major problem is with production.
If u happen to be in places like Benue during harvest season, u will hear that a paint rubber of groundnut sells for as low as #400 or #500.
In other times, it sells for double that price.
This is just an illustration to show us that things will become cheaper when we have it in abundance.
Prices of goods and services will reduce only when we have them in abundance, how do we get them in abundance, by investing in production, what we should be agitating for is support from all quarters, from FG, various State Governments, wealthy individuals to invest into the society by empowering young Nigerians with the finance to go into production.
The energy we use in posting, reposting and talking about dollar, if Nîgeriàns channel that energy into this, we won't be talking about dollars on the long run and things will be easier then.
If you empower any Nigerian now, it is either he use the money to eat, settle gbese or take d money japa

3 Likes 1 Share

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by NothingDoMe: 8:08pm On Oct 27, 2023
JagabanB:
Our issues is not with dollar, that's where most of u Nigerians have misplaced priorities.
Our major problem is with production.
If u happen to be in places like Benue during harvest season, u will hear that a paint rubber of groundnut sells for as low as #400 or #500.
In other times, it sells for double that price.
This is just an illustration to show us that things will become cheaper when we have it in abundance.
Prices of goods and services will reduce only when we have them in abundance, how do we get them in abundance, by investing in production, what we should be agitating for is support from all quarters, from FG, various State Governments, wealthy individuals to invest into the society by empowering young Nigerians with the finance to go into production.
The energy we use in posting, reposting and talking about dollar, if Nîgeriàns channel that energy into this, we won't be talking about dollars on the long run and things will be easier then.
Not bad 👏

1 Like 1 Share

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by seguno2: 8:09pm On Oct 27, 2023
Fiscus105:
How are we going to go into big production, without (crude oil and electricity)? THEY are the engine rooms for productions, these two energy apart from other factors which including heavy machines, for now, we are not seeing them readily available in naija territory, but outside nigeria, to get these, we need dollars to get them.

What crude oil do the Japanese and Koreans have to be in big production

1 Like 1 Share

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by Cdoki: 8:10pm On Oct 27, 2023
JagabanB:
Our issues is not with dollar, that's where most of u Nigerians have misplaced priorities.
Our major problem is with production.
If u happen to be in places like Benue during harvest season, u will hear that a paint rubber of groundnut sells for as low as #400 or #500.
In other times, it sells for double that price.
This is just an illustration to show us that things will become cheaper when we have it in abundance.
Prices of goods and services will reduce only when we have them in abundance, how do we get them in abundance, by investing in production, what we should be agitating for is support from all quarters, from FG, various State Governments, wealthy individuals to invest into the society by empowering young Nigerians with the finance to go into production.
The energy we use in posting, reposting and talking about dollar, if Nîgeriàns channel that energy into this, we won't be talking about dollars on the long run and things will be easier then.


I agree with you, but not totally, no investment will succeed in a society with insecurity is the order of the day. Farmers are being killed by bandits, and business men and women are kidnapped on a daily basis, and politicians are not accountable to their people. Imagine the amount the amount our senators want to spend only on SUV cars, money that some will never in his or her entire life, will be used to buy car, for one individual, and when dollar is #1300 l, no good road, minimum wage is #30k,. May God help this country. I think the solution is when the north agree to put away our differences and join head to fight bad leaders.

1 Like

Re: Is There Any Chance That Prices Of Goods And Services Will Come Down? by Allisgud: 8:10pm On Oct 27, 2023
JagabanB:
Our issues is not with dollar, that's where most of u Nigerians have misplaced priorities.
Our major problem is with production.
If u happen to be in places like Benue during harvest season, u will hear that a paint rubber of groundnut sells for as low as #400 or #500.
In other times, it sells for double that price.
This is just an illustration to show us that things will become cheaper when we have it in abundance.
Prices of goods and services will reduce only when we have them in abundance, how do we get them in abundance, by investing in production, what we should be agitating for is support from all quarters, from FG, various State Governments, wealthy individuals to invest into the society by empowering young Nigerians with the finance to go into production.
The energy we use in posting, reposting and talking about dollar, if Nîgeriàns channel that energy into this, we won't be talking about dollars on the long run and things will be easier then.
ur president is still campaigning,I will do,I will do

1 Like

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