The Reason Why Food Inflation Is Still High - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / The Reason Why Food Inflation Is Still High (348 Views)
Protest In Ibadan over Economic Hardship, food inflation & high cost of living / Inflation Is Deepening Mass Poverty - Punch Editorial / Nigeria’s Response To Inflation Is Inadequate – World Bank (2) (3) (4)
| The Reason Why Food Inflation Is Still High by Wainey: 2:23pm On Apr 16 |
Food inflation doesn't follow dollar price, there are other factors that determine food inflation and our locally manufactured goods. Yes dollar price could go along way to reduce imported goods but the local manufacturing companies needs other indices like electricity cost, transportation cost, security of life and goods, motorable roads, etc. No manufacturer will sell cheap when a kwh of electricity is above N200, we have not tamed insecurities in our farms, so you should'nt expect price of goods to drops anytime soon. You shouldn't blame the market woman |
| Re: The Reason Why Food Inflation Is Still High by SeeWahala: 2:29pm On Apr 16 |
Hahahaha 😆 Agbad0rian dey explain . . . He go explain taayaaa  YET No EVIDENCE  1 Like 1 Share |
| Re: The Reason Why Food Inflation Is Still High by CodeTemplar: 4:09pm On Apr 16 |
One important one is supply. As supply dwindles between one harvest and the next planting, and the demand surges around planting season due to seedlings demand, prices are bound to fall first then rise. This cycle was interrupted by the naira value swing between 2023 harvest and 2024 planting. What I find strange is the dry season program by govt and the absence of its impact on prices along this cycle. I suspect tinubu has played his usual game of politics & propaganda again. |
| Re: The Reason Why Food Inflation Is Still High by Melagros(m): 5:52pm On Apr 16 |
COMRADES are speechless at this news  |
| Re: The Reason Why Food Inflation Is Still High by Volksfuhrer(m): 6:15pm On Apr 16 |
SeeWahala: There’s nothing “agbadorian” in the opening post. The verdict of “No EVIDENCE” is empty without countervailing facts or argument!s |
| Re: The Reason Why Food Inflation Is Still High by helinues: 6:16pm On Apr 16 |
Lame excuse |
| Re: The Reason Why Food Inflation Is Still High by DatNiggaDaz: 6:17pm On Apr 16 |
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| Re: The Reason Why Food Inflation Is Still High by SeeWahala: 6:18pm On Apr 16 |
Volksfuhrer: Shhhhh 🤫 no too make noise The person I addressed as agbad0rian in that post knows 'itself'  Just reeeeead . . . and passssss . . .  |
| Re: The Reason Why Food Inflation Is Still High by Justiceganduje: 6:41pm On Apr 16 |
helinues: |
| Re: The Reason Why Food Inflation Is Still High by helinues: 6:42pm On Apr 16 |
Justiceganduje: Justiceganduje: Justiceganduje: Justiceganduje: Mynd44 Oam4j Seun Mukina Dominique Nlfpmod Kindly assist with the notorious troller. 1 Like |
| Re: The Reason Why Food Inflation Is Still High by Lizzysamuel(f): 6:49pm On Apr 16 |
helinues: If you can't withstand the heat, leave the kitchen. Cry cry baby |
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