Abelino:
The most foolish comment of the year. Bloody Hypocrites.

mystery22:
G0d punish you, animal

Starboytwo:
Una no dey tire for lamentations.

Everything don cost. Deal with it.

nedekid:

Nice one, please open a noodle factory and start selling at cheaper price since you understand economics of scale. You will be doing Nigerians a whole lot by taking market share out of indomie and it's greedy managers and owners. Those evil people are reaping Nigerians. We will buy only yours to drive them out if the market.

Edoziesmart:

I can't remembered which year I ate indomie last. That's should be 2022 in one Mallam place in Bayelsa State.

But you see rice I just finished eating it few hours ago
Rice sell more than indomie because every home eat rice on weekly basis, both the rich, average and poor people but you won't say the same when it comes to indomie.

JulianBond007:
I was discussing this with my sister today. It's a shame government cannot regulate price of foodstuffs.
Can't we just boycott eating noodles?

cjudy:

Give me reasons why Indomie won’t increase their price. How much is liter of fuel, gas Nkor, materials for production Nkor. Transportation to different location Nkor? Don’t judge blindly next time

DaTruths:


I get your point.

The point I'm making is that its not out of line for them to increase their price to match the inflation.
Why did federal Govt increase import duty fee? Meanwhile Federal govt caused the inflation by floating the naira?

So if Fed govt that even caused it increased their duty price, how much more indomie that is a private company?

PARADIZEPRIEST:
Hungry man noddle ,even akpabio can't finis it.You poor people too chop.

blowjohn:
.

Ok let's start like this: indomie has been around for at least 20 years in Nigeria.

Like someone said perhaps, it's only Coca-Cola that outsells indomie.

U see all this talk about increase in price of production is acceptable if the business is new or if it has a low patronage or customer base.

Indomie is everywhere. They have been making billions.

The problem is the owners, the shareholders etc. The people at the top.

It's a black man thing. If they were making 10 naira per share or something, they will never want to take 6 naira per share profit. The rich think about themselves alone.


They know nigerians will still buy indomie cos nigerians believe everytime cost of production goes up, prices must go up too.

Was it not recently that news broke out that Nigeria lost 17 trillion naira In 5 years to tax Hollidays and tax waivers?

Now let me ask u: if u had a chicken suya joint in ur state and u had a customer base of 300 buying at least 500 chicken suya at ur shop everyday and u were making gains of about 150k everyday. Suddenly proce of chicken goes up, price of coal, salt, etc goes up and ur daily profit goes down to let's say, 100k a day.

Will u increase the price or continue , knowing fully well that ur even lucky to have su h a large amount of customer base?

Assuming u decide to increase it, wid u do so many times? ( cos this hungry man pack used to be 150 naira I believe)

There is wisdom in business and there is also wickedness and greed in business.

That's why u see our banks always deducting money in form of stamp duty etc..... And who are the reasons for this?


The insatiable CEOs, managers, shareholders who want to always maintain maximum profit.


I rest my case.

cjudy:

You’re only talking out of sentiment. You’re not a business man.
You pay staffs right? When you’re making profit of 100k monthly and all of a sudden commodity rises up, if you don’t increase your price, then you’re reducing the quality and quantity of your commodity to enable your company stay alive. This is not the matter of old stock.
The excess of a business is to make profit. If I’m not making profit then I should close down my company. Fuel from 180 to 750 and you expect me not to increase my price? Diesel or Gas Nkor? Electricity tariff Nkor?

Don’t judge what you don’t know. The government have killed this companies

Villa12:
people consume rice more than indomie

Edoziesmart:

I can't remembered which year I ate indomie last. That's should be 2022 in one Mallam place in Bayelsa State.

But you see rice I just finished eating it few hours ago
Rice sell more than indomie because every home eat rice on weekly basis, both the rich, average and poor people but you won't say the same when it comes to indomie.

Melagros:
COMRADES, honestly, I don't know when last I ate indomie, anytime I buy am en go spoil for kitchen
Kudos to those who are eating it

blowjohn:
Indomie has no moral and economic right to increase their prices in Nigeria.

That noodle is bought every minute in this country.

Economy of scale.

Am sure it's the greedy shareholders and managers.

The black man is never content with little profit.



Nigerians dont know their rights.

Everyone shud avoid buying it let's seeif the price won't come down.


Nonsense always has a welcome ring.


That's the most bought item in this country in the last 20 years.


Some dumb greedy goat will come and say every business has to make profit.

Usmanovic95:
If this hunger doesn't unite us all to have one voice,I wonder what will unite us.

Standstrong:
God help us o. This is choking and deadly.

Hungry Man was never more than N150 before the arrival of APC. This morning, it's N800 in my local shop.

What have we done to deserve this?

Zooposki:
Nigeria should increase her base salary. Seems other West Africans have more purchasing power than us, since they find our produce cheap.

Mayflowa:


You are right my friend. Organized company like indomie cannot follow price trends like this. They ought to be the cushion for the society at a time like this so that everyone will turn to do. No patriotism, no loyalty, no ethical mindset, no social responsibility to the community that harbour them. What was their salary inclement like? FG needs to summon them and speak sense into them while holding the cane. FG can waive tax for them during this time. Maybe they have not been paying taxes even. If indomie manufacturers fail to control price, then local food sellers will continue to suffocate consumers with neck-breaking price.

Government must try to crash the price of one foodstuffs like rice and everything else will crash in prices. It's a domino effects! This is the time government needs to allow importation of rice. Only one food import will not crash the economy.

blowjohn:



Ur not making sense. The owners of indomie are billionaires and millionaires. They are a brand. They sell millions of the noodles. They make plenty gains.

Will they the shareholders die if they make less gain?


I have a chain business I run. I don't increase my prices as long as I make small profits despite the economic situation.

nedekid:

What is not making sense in you opening the noodle business and bringing your skills of prudent financial management to enable you not increase prices while making small profits to help Nigerians? Is there anything bad in that? Since the owners of indomie have decided no to maintain old prices as they as so greedy, using excuses of increase operating cost of clearing raw materials, increased cost of diesel, currently at 1450 per liter which a 1000 kva Gen set will blow 180L per hour or ₦261,000 per hour or ₦6,264,000 daily, assuming they are running just 1 generator. Likely they many be using even a bigger genset. Cost of destribution, same diesel, staff salaries, maintainance, operating cost, taxes etc. They also selfishly claim the devaluation of the naira has affected their valuation, calculus, projections etc and hence must increase prices despite cries of Nigerians.
Once your production is running, we will buy only your cheap, Nigerian pocket friendly noodles. Indomie can go to hell.

RealSean:
1k in Delta abraka, the worse place one can live on earth. Very greedy set of humans

blowjohn:



She u see. U say make I enter the business.

I get large pool of customers?

Indomie ha made billions over decades and still do. Don't u get it?


They're like an OG I'm the business with no competition.


Compare them to the businesses folding up and Leavinv the country and u will notice that even those companies no get customers reach them

Cindypresh:
Spaghetti yesterday was #16,500 per carton.


The man called tinupoo is a disaster

Standstrong:
God help us o. This is choking and deadly.

Hungry Man was never more than N150 before the arrival of APC. This morning, it's N800 in my local shop.

What have we done to deserve this?