What about the Federal food reserve built in Iragbiji?

2023Blessed:
This news is so funny.

A Nigerian entrepreneur to run at a loss because of fellow citizens?

it is madness, what and who would be next? Petrol stations? Gas dealers? Bread sellers? Cement sellers? Or spare parts dealers.

Nigeeria is a failed nation.

Paraman:
I wander why some Nigerians are hoarding foodstuffs. This is one of the reason food inflation is rising... Dumb people

No one is hoarding food, why would a food store hoard food? Don't they want to make money?

Even if they hoard food, which i don't believe, it is their business, has nothing to do with the economic problem or the fall of naira.

advanceDNA:


They are not even running at any loss.... because 72k to 70k is not anywhere close to an example of crashing price....

Exactly

nairalanda1:


Nigerians do not believe in the free market, until it is their business empire.

Hmmm

Calitoscassius:
it is madness, what and who would be next? Petrol stations? Gas dealers? Bread sellers? Cement sellers? Or spare parts dealers.

Nigeeria is a failed nation.

Story

Can't someone have goods in excess, what do you mean by hoarding food? Must they release all the have at once? What about the government? Stop chasing the wind.

Calitoscassius:
No one is hoarding food, why would a food store hoard food? Don't they want to make money?

Even if they hoard food, which i don't believe, it is their business, has nothing to do with the economic problem or the fall of naira.

Thank you

Calitoscassius:
it is madness, what and who would be next? Petrol stations? Gas dealers? Bread sellers? Cement sellers? Or spare parts dealers.

Nigeeria is a failed nation.

Nigeria is a failed nation and these are its last days. Referendum and disintegration is the only way forward so that people who want Gumi, Shettima, Orji Kalu and Tinubu as the best their regions can produce as presidents can have their way.

DOM7:
Can't someone have goods in excess, what do you mean by hoarding food? Must they release all the have at once? What about the government? Stop chasing the wind.

I will be having twenty mega warehouses on my farm this year so as to control release lf supply to the market later this year. If them born government well, there should near my warehouses.

Now expect scarcity.

FarmPlanetNG:



Nigeria is a failed nation and these are its last days. Referendum and disintegration is the only way forward so that people who want Gumi, Shettima, Orji Kalu and Tinubu as the best their regions can produce as presidents can have their way.

Absolutely! Correct! Clearly one Naigeeria is not working, Naigeerians are just too ignorant and biased or even indenial to see that one Naigeeria is not working and will never work.

FarmPlanetNG:



Thank you

You are wellcomed, it is simple logic and reasoning.

Government has no right to seal any warehouse as long as no crime has being committed, hoarding of goods in a warehouse is not a crime, i mean, what are warehouses for? If not to hoard goods. useless government!

sketching:
Economic hardship: Kano traders slash prices of essential goods



SOURCE: The PUNCH

Greedy sellers will go to Kano buy it in lesser price and take it to another region to sell at escalated prices

They should equally go seal cement company warehouse, agrochemicals warehouse, fertilizer warehouse, medicine warehouses etc. instead of dealing with the cause of inflation, they are bazy pursuing the effect.

Good one from Kano state

So they just want to witch-hunt legitimate business people? Distributors are not responsible for the high cost of goods, and if you have the funds, you buy in large quantity and store in warehouses while you sell daily.

Companies have increased prices of goods.

The producers of softcare diapers and sanitary towels have increased prices TWICE this month (February).
The producers of Waw detergents have increased prices TWICE this month.
The producers of Viva Detergents have increased prices this month.

While a host of other companies have done same.

This is not the fault of the distributors who own warehouses.

Chickensoup:

We aren't wiser. There are still a lot of idiots living in this country.

Lies from the pit of hellSelling below company price lmaaoooooLies from the pit of hellSelling below company price lmaaooooo...

nobody hoards perishable food stuff


looks more like propaganda to divert blame from government to the people

socialmediaman:
N1,000 to N2,000 is price crash abi? Na "statistic" and propaganda Nigerians go chop?

How many warehouse fit take care of a local government? These liars no go allow is rest.

I'm heading to Kano now to buy spaghetti

badoh:

You may call it propaganda but even Nigerians deh do themselves by overinflating price of goods to make exorbitant profits.

you are not a business man you don't know what's happening on ground..

Bitter always 🤣🤣🤣 obi no win nah so bad news about Nigeria suppose sweet normally 😜😜😜😜

Fortuneed:
Propaganda government. Tackle the real issue on ground..

merits:



Greedy sellers will go to Kano buy it in lesser price and take it to another region to sell at escalated prices

You dey pay for their transport? You wey no dey greedy should enter the business.

Yeah thanks Bro

nairalanda1:


A sane and sensible comment on Nairaland.

A sane and sensible comment on Nairaland.

I'm shocked.

jmoore:

You dey pay for their transport? You wey no dey greedy should enter the business.

Who be this clown?wey dull like bubu

femisplash:
Most of the warehouses serve as World food program stores. But an average greedy Nigerian receives supply of food stocks from an agency and then lock them up to create unneccessary exploitations.

enter farm

ZombiePUNISHER:


They have come again to deceive the gullible..


There's a limit that propaganda can take APc
That's to the presidency..

It won't make there stay a success..

Rather a taboo

Dey console yourself
They're successful in yam chopping

phemmie06:
My concern is that food should be made available at an accessible price

what is accessible price
Abi you don't want the farmer to make profit?

900warriorz:
I wish

If only propaganda could save them this time, it would but Naija don spoil pass using propaganda to appeal to our better nature. We are wiser now.

who your wisdom epp.