FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits - Politics (4)

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FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits (21049 Views)

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Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Freedomman1960: 9:30am On Apr 19

AqualinaXYZ:
Enforcing prices while dollar is rising again

Government not your Father's mate

Tinubu na mumu

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by grandstar(m): 9:40am On Apr 19

What happened to the free market?

How can a finance minister allow such to happen under his watch?

If inflation was estimated to be20.9% in this year's budget, why the shock at galloping inflation

2 Likes

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Arabaincubus: 9:42am On Apr 19

This reminds me of Buhari's 1984.

2 Likes

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by stuffs2002: 9:44am On Apr 19

AqualinaXYZ:
Enforcing prices while dollar is rising again

Tinubu na mumu

IPOB cannibals on the beat.

They celebrate all bad news in Nigeria and they go into depression anytime something good happens to Nigeria

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by stuffs2002: 9:46am On Apr 19

Femiairboy:

Get educated on microeconomics before spewing things like this online

You should be the one to get educated instead of spreading self hate upandan

Prices of most basic items are regulated in all the developed countries of the world, so Tinubu's government is perfectly on track.

IPOB cannibals on the beat.

They celebrate all bad news in Nigeria and they go into depression anytime something good happens to Nigeria

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by philipobiz: 9:55am On Apr 19

[quote Consumers should not expect any immediate reduction in prices. Replacement costs of those products that are in the warehouses and markets are what the market will have to sell because the price at which they bought it must be fully recovered before they can go and buy at new prices.” [/quote]

But when the price goes up, they will sell old stock for the new price. You will not complain that it is wrong. Very selfish and self-centred set of Nigerians

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Cmanforall: 10:06am On Apr 19

LagosFirstSon:
Good one.

Don't only go there once to enforce and then stop. Always go from one super market to another to ensure compliance

Will you restock their imported goods?

Let FG also reduce import duty for imported products (not produced in the country)

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Digmygold: 10:18am On Apr 19

shortgun:

I thought Tinubu and his clueless economic team said Market forces will determine the price of goods and services.

When we tell them Tinubu have nothing to offer they call us names but we are ever determined to rescue our nation from propagandists.

A working government should understand and enforce Price Regulation to ensure fairness.

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Digmygold: 10:21am On Apr 19

AqualinaXYZ:
Enforcing prices while dollar is rising again

Tinubu na mumu

He did this right. What business does a Yam and Pepper seller have with Dollar or Forex instability? Many Nigerian traders are just greedy and need to be put in their place. At this point, Price Regulation is necessary.

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by shortgun(m): 10:26am On Apr 19

Digmygold:

A working government should understand and enforce Price Regulation to ensure fairness.

Price regulation is primitive and dumb.
An effective government will prioritize implementing policies aimed at addressing root causes rather than chasing shadows and attacking symptoms.

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Tonytonex(m): 10:28am On Apr 19

Will they comply?

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Digmygold: 10:31am On Apr 19

shortgun:

Price regulation is primitive and dumb.
An effective government will prioritize implementing policies aimed at addressing root causes rather than chasing shadows and attacking symptoms.

The root cause is greed and lack of control. Primitive idea indeed. I bet you are one of the greedy traders who.think.you can operate your business anyhow by exploiting the forex instability. The nonsense should stop.

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by 8kingz(m): 10:39am On Apr 19

shortgun:

I thought Tinubu and his clueless economic team said Market forces will determine the price of goods and services.

When we tell them Tinubu have nothing to offer they call us names but we are ever determined to rescue our nation from propagandists.

Be reasonable...I know u do not have another country so why must you always rejoice to bad news in the country

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Inosky(m): 10:52am On Apr 19

If Nigeria is producing, there won't be need to force prices on people, the ailing ones will be forced to adjust to Market dynamics.

However, it's commendable to stop fake practices like re-bagging of products assumed to be fake in the original ones and selling of spoilt and or expired food items which should be the work of NAFDAC

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Mcslize: 10:57am On Apr 19

This is well over due. Ishilove, what do you have to say about this new development?

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by drerocker: 11:09am On Apr 19

AqualinaXYZ:
Enforcing prices while dollar is rising again

Tinubu na mumu

I hope sss are online to see this
U can't insult my president ok

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by daniwise(m): 11:15am On Apr 19

It appears this Govt. want traders to sell at a loss. After removing subsidy coupled with the rise in dollar (though dropping), increased electricity tariff and most importantly, the activities of Fulani Herdsmen and bandits, you need no suit sayer to tell you it will have spiralling effects on foods stuffs/prices of goods & services.

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by ufotunang: 11:29am On Apr 19

LagosFirstSon:
Good one.

Don't only go there once to enforce and then stop. Always go from one super market to another to ensure compliance

.
It's the high costs of transportating this foodstuffs and goods to the market that makes the costs of food stuffs and goods to be expensive because of the high costs of fuel and disel...if the price of fuel and disel is reduced and come down the price of foodstuffs and goods will reduce and come down

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by ufotunang: 11:30am On Apr 19

Government you know what is causing the high costs of food stuffs and goods..just reduce the price of fuel and disel then the price of foodstuffs and goods will reduce and come down..it's the high costs of transportating this foodstuffs and goods to the market that is making the price of foodstuffs and goods to be expensive... simple

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by ufotunang: 11:32am On Apr 19

helinues:
Very good.

Where there is no sin, there is no law
Where there is no law, there is no sin

.
Let government reduce the price of fuel and disel then the prices of foodstuffs and goods will reduce and come down and be cheap..it's the high costs of transportating this foodstuffs and goods to the market that is causing the high costs of food stuffs and goods

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by ufotunang: 11:35am On Apr 19

Okete001:
Hehehe

Good one!!

We have all been waiting for this.

The people from the region of hate and cannibalism cannot keep inflating prices of goods to discredit the present government because one fake messiah lost an election. Is

They are the only people condemning this price control

..it's the high costs of price of fuel and disel that is causing the high costs of food stuffs and goods in the market...the high costs of transportating this foodstuffs and goods to the market is the one causing the high costs of food stuffs and goods in the market and supermarket

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by AfricanAuctions: 11:51am On Apr 19

Good Measures.

This is A Measure That Should Have Been Carried Out Since Last Year (2023).

Our Engaging Government of The FG is Our Problem in This Country.

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Blazetrailer: 12:15pm On Apr 19

...this is very stupid....you can not claim to br liberalizing the economy and at the same time be fixing prices at which independent non govt. businesses selling their goods or services. This is a which hunt.

adenigga:

Source: https://punchng.com/FG-enforces-prices-in-Abuja-supermarkets-plans-Lagos-P’Harcourt-visits

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Emman08: 12:45pm On Apr 19

Eye service everywhere. Free economy in the mud grin

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by back2sender: 1:25pm On Apr 19

Ebeano Lekki is a culprit.

Theprce at the shelf is different from the price at the checking point.

2 Likes

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by victory36(m): 1:25pm On Apr 19

Communist practices🤦

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by AerialMapper: 2:07pm On Apr 19

Foolish move! Very dangerous cos the government should not be fixing prices of goods forcefully!

The supermarkets will sell out at the forced fixed prices and not reopen cos they won't be able to have the capital to restock then you create another problem!!

Government can open their own farmers markets and stores which around the LGs and sell at their preferred prices and hopefully force the other stores to compete by reducing prices. Simple!!!

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by ufotunang: 2:24pm On Apr 19

If the federal government likes it or not...it's the price of transportation that determines the costs of food stuffs and goods in the market...so it's the high costs of price of fuel and disel that makes the costs of ransportating these foods stuffs and goods to the market to be high....the transportation costs to be high...justt reduce the price of fuel and disel and then the price of foodstuffs and goods will reduce and come down and be cheap... simple

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by Artscollection: 3:34pm On Apr 19

Oluwale graduates!!! Chaiii buhari please come back

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by fareed69(m): 4:06pm On Apr 19

Please don't forget Enugu.
Person dey die here O.

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by delpee(f): 5:04pm On Apr 19

The good thing is that it's not just about price enforcement but about the fake and repackaged expired products. So scary these days especially drugs.

1 Like

Re: FG Enforces Prices In Abuja Supermarkets, Plans Lagos, Port Harcourt Visits by John4B: 10:22pm On Apr 19

This should be extended to southeast region, these ppl hv killed us.

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