Business › Re: Food Prices Won’t Drop Immediately Despite Naira Appreciation – Economists by Ffolksy: 7:10am On Apr 01, 2024*. Modified: 7:28am On Apr 01, 2024 |
The loss will only be in the book. Not in reality
When prices went up, why did sellers adjust their prices upwards immediately regardless of old stocks bought at lower prices? This only gave them massive profits on record, but not in actual reality.
Cost of restocking is the actual determinant of the value goods in store. Sellers are making crazy profits this period cos they are overvaluing their goods.
Just a matter of time, sellers who operate on the principle of rate of returns will force prices down. What's the point tying your money down, when you can sell out quickly and still have enough money to restock? |
Business › Re: Name One Household Or Food Item Whose Price Has Come Down by Ffolksy: 9:41am On Mar 31, 2024 |
Wainey: Oga e be like u no understand what I am saying. Those that are importing have already bought things when dollar was N1800, just because dollar dropped doesn't mean they will also drop their price. Wait for few more weeks to 2months when they will buy again at low price.
The Aboki man in ur street stocked up his shop, the warehouse where he is buying his goods also stocked up their warehouse, the Aboki will empty his shop, then still buy from the warehouse, those people will empty their warehouses again before they start importing again at 1200 It's still about Nigerian factor. When dollar went up, everyone adjusted their prices despite having the stock in hand. Then, they were referencing cost of restocking. Now that costs of restocking have come down, why aren't they adjusting their prices accordingly? I also believe market associations are concerning too, dictating and enforcing prices, rather than allowing demand and supply do their thing |
Romance › Re: U.S College Students Raise Money To Send Their Guard On Holiday To Nigeria (Vid) by Ffolksy: 3:24pm On Mar 10, 2024 |
Well, this man may have been doing well here before he abandoned everything to Japa. May God show us all the right way to success |
Career › Re: At What Point Did You Realise You Were In The Wrong Profession? by Ffolksy: 1:33pm On Feb 21, 2024 |
I carried title for head sey I be manager, with 60k salary. I approached the MD for a review. Her response...
"You should thank your stars you are being paid this much. Find out from your colleagues in other places how much they're being paid"
A week later, I resigned in the middle of a major project. I expected her to call me and do the review. Instead, she became bitchy, threatened me and my guarantor that I should return to work by force. I no gree for anybody and the project crashed afterwards. The sponsors retrieved their support.
I switched role, started afresh and to the glory of God, it's the best decision ever. |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 3:55am On Jan 26, 2024 |
Akwaibom1stlady: *AWOOF JAPA SALES.
Mostly New Items or used for just 1 year
- *Brand new* Haier Thermocool 2.5kva MS Generator (still inside Caton Price: 200,000 (Check the price online) and note this is also new and never used
-New 20L Century Microwave 45k (NON negotiable)
- New Binatone plastic and Pyramid stainless Jug (4 Available) 9,000
- New Rice Cooker 1.8L 15,000
-New Big Pressure Cooker (Stainless steel 20,000 (7.5ltr)
- New Standing Fan 17,000
-Used wall 18" fan (2months used) 14k each (2 available)
-Used 7 ft 3 wardrobe (1year old) 60,000
-Used TV console with light (light needs to be repaired) 40,000
-Used Big 3 Seater and Center Bug 120,000 (1 year old)
-Used Century Infared Table Top Gas 18 000
Location: Yaba....Prices are fixed ....send a Message to 07068530221 for pictures
Goodluck Is the Gen key start? |
Autos › Re: How Much Do You Spend On Petrol In 1 Month. by Ffolksy: 6:35am On Jan 18, 2024 |
sowunmisho: Tor, I used to preach this Hybrid story soo much, even before Tinubu subsidy removal Era. It's a rather stable technology, which the whites have conquered; and moved beyond long ago.
It should definitely be Toyota, but I think I prefer/recommend proper prius, or a more recent camry hybrid, like those 2013 generations.
But it still stands that it's a big gamble in Nigeria. The technical know-how of mechanics is low, and the mechanics are even few. And also getting good replacement batteries(spares) is a tad' difficult. The mega importers/scrappers/breakers, should begin to focus on spare Hybrid batteries, so that we can have more around, and the adoption/adsorption rate of (toyota)hybrids is a lot more. It will help us all! I think the trick to using hybrid is being great at maintenance and address little concerns before they become an issue. Approaching third year now and I haven't had any major fixes. I even have the scanner, so I know what to fix and who to do it. Altogether, the experience driving the car can't be compared with driving the regular equivalent. With the battery, the entire pack doesn't just park up. If a cell or two are bad, the user should be quick in replacing the damaged cells before it affects the entire pack. I did this once and the cost was 20k. It's over 8 months now and my battery is still excellent from my last scan |
Autos › Re: How Much Do You Spend On Petrol In 1 Month. by Ffolksy: 6:33pm On Jan 17, 2024 |
7k weekly average. Twice mainland to Island work stuff, and Saturday & Sunday family movements.
Camry Hybrid '10 |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 5:46am On Oct 19, 2023 |
tayo85: UKA 32” LED television.
Brand new , never been used or opened from the box. Bought from jumia.
Lagos.
#55,000 Wanna deal at 45k? |
Politics › Re: No Customs Duty And VAT On CNG Conversion Kits Imports – Ngelale by Ffolksy: 8:39am On Aug 20, 2023 |
nairalanda1: Depends on the area you live in.
Band A people get 18-24 hours power supply, but they pay higher per kwh. Bands D, gets 6 hours power supply. You're right. I bought 55 liters of petrol on May 25 before Tinubu and petrol wahala, and I have only used about 15 liters till date. I get about 22-24hr power everyday. Strange when people complain about electricity. |
Crime › Re: 3 Nigerian Men To Be Extradicted To US For Sexual Extortion Of A 17-Year-Old Boy by Ffolksy: 6:32pm On May 04, 2023*. Modified: 7:42am On May 05, 2023 |
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Food › Re: Market People Are Cheating Us(photo) by Ffolksy: 11:00pm On Apr 04, 2023 |
This has to be the most ridiculous post I've read in a while |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 1:18pm On Mar 20, 2023 |
JoeSef0: XPS 12-9Q33
Full 12 inch touch screen and 360 convertible display
256gb SSD and 4gb RAM
Intel Core i5 4th Gen
Keyboard light
Battery life: 6-8hrs
Price: 110k
It has a little water defect on the screen which doesn't affect anything,
It has been like that ever since i bought it.
Location: Ikorodu Lagos
Call or WhatsApp: 08089441220. Will you still at 70k? |
Romance › Re: Gbadebo Loves His Igbo Wife Too Much, I Don't Trust Him. by Ffolksy: 4:31am On Mar 04, 2023 |
If not for emotions and selfish interest, how will people be ganging up to unseat Sanwo-Olu in favor of this guy? I guess it's a case of *the friend of your enemy is your enemy* |
Politics › Re: APC Floors PDP, NNPP, LP At Shettima’s Polling Unit by Ffolksy: 8:26pm On Feb 25, 2023 |
AntiTerrorist: I want to see how Bornu's votes alone would make Tinubu win. Buhari is the last president from APC.
Comparative Analysis of Tinubu, Atiku and Obi's performance in their respective polling units:
Tinubu's polling unit APC - 33 - 77% PDP - 1 - 02% LP - 8 - 19%
Atiku's polling unit APC - 57 - 16% PDP - 282 - 82% LP - 6 - 1.7% NNPN - 1 - 0.3%
Obi's polling unit APC - 0 - 0% PDP - 0 - 0% LP - 236 - 98% NNPP - 2 - 0.008% APGA - 3 - 0.012%
Tinubu's performance is lowest while Obi's performance is highest. This only shows how liberal South Westerners are. Northerners and South Easterners have always voted like zombies. |
Travel › Re: Commercial Bus In Lagos Uses POS For Collecting Fares (Video) by Ffolksy: 9:13am On Feb 21, 2023 |
This can never be effective. How will that guy combine processing payments and calling passengers? Many people will pass their bus stops and the bus will not meet target. Best is the BRT Cowrie option. |
Business › Re: Incessant Attacks: Banks To Be Shut From Monday by Ffolksy: 1:12pm On Feb 18, 2023 |
Savedday2: Nigerians are very stubborn set of people!
You were given 3months notice to deposit your old note but, refused believing there most be extension of deadline.
If Buhari like, let him extend the deadline to the next 10years, some people will still wait for die minute.
Is only dull brains that doesn't know that El-rufai is fighting for his personal pocket. Most of you don't even get it. Is it really about depositing old notes, or unavailability of new notes? Didn't ATMs dispense old notes until last week in January? Didn't people withdraw old notes over the counter until last week in January? How can you turn around and blame people when they didn't have other means? You think they prefer wasting away inside sun to do this? Crazy country, crazier citizens. |
Politics › Re: UBA Burnt And Burgled In Akwa Ibom Over Naira Scarcity (Video) by Ffolksy: 12:46pm On Feb 18, 2023 |
Zelenskyy: Obi and Atiku are in support of the policy because they know that it will frustrate the plans of the Notorious Drug Baron
He has kept aside massive amount of money for the purpose of vote buying...
"Two Bullion Vans mistakenly entered his residence"
What does that tell you ? To hell with all politicians, including your Obi. We are talking about citizens' survival, you're referencing a politician. Have you been to open market lately? I guess you do all your shopping in ShopRite and the likes. |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 6:06pm On Feb 10, 2023 |
[quote author=omobacyprus post=120776300][/quote]What year is this tv? |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 11:56pm On Feb 03, 2023 |
. |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 9:02pm On Jan 31, 2023 |
Thanos: 55-inch Hisense smart TV available for sale.
140k
Location: Lagos
Number:090.6243.1705 Where in Lagos are you? |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 8:48pm On Jan 31, 2023 |
ofemigeorge: Sofa chair Lshaped with two sitters 120k. Dinning set/bar table and two chairs 50k Tv stand gigantic 100k Wine bar maogani polished wood 35k Center table with drawers for putting things within made from wood and glass 60k Walk art painting Wide (39x35inch) 50k 2 Room new blinds day and night 40k Samsung UHD tv 43inchSMART CRYSTAL SCREEN 180k Two Double Wardrope maogani polished wood 100k Shoe rack more than 6ft high black polish 40k Bed frame/pillow and foam(vita form gold and blue) and two bedside wardrope 120k Balcony blind 30k Blinds for toilet and passage 20k Wall perfect mirror with thick mirror Frame 6.5ft tall 30k Ariston bathroom water heater(Like new) and hose and all setup 40k Passage cabinet brown wood(like first aid wall box) 5k
Samsung 4k crystal 55inches Smart tv SOLD. Chandelier SOLD. LG sound system. SOLD Tizeti Wifi unlimited download at highest speed35k SOLD 3 Parlour blinds wooden material 6ft, selling 90k SOLD 1hp kenstar parlour ac 95K bought 220k few month used SOLD 1hp kenstar room ac 95kSOLD Balcony main entrance door 75k SOLD Playstation 3 pads games accessories 70 K SOLD Scan frost Gas cooker oven /gas cylinder/hose SOLD Hisense inverter 10kg washing machine with 7kg dryer SOLD. Hisense fridge with manual water dispenser 200k SOLD LG inverter black microwave 65k SOLD Water pressure, tank and pipes setup 260k SOLD Generator yellow elepaq 4.5kva 80k SOLD. Generator red 65k 1.8kva working perfect. SOLD
0806093124six Magodo Phase two Would you consider 120k for the Samsung 43" TV? |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 8:14pm On Jan 18, 2023 |
Seekhimnow: Moshalashi bus stop, before alakuko. Too far, thanks. |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 7:47pm On Jan 18, 2023 |
Seekhimnow: 43" Toshiba Smart TV
Model - 43UL2063DB
4k Ultra HD LED TV
Price - 110 fixed
Call/WhatsApp - 07025326910
Location - Lagos Where in Lagos? |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 7:04pm On Jan 05, 2023 |
stylishwears: Selling: HP pavilion 15
Original purchase receipt still available
Specs: Core i3 7th Gen
X360 Touchscreen
8G ram, 128GB SSD
Keyboard light
Battery life: minimum 8hrs
Issue: keyboard stopped working - common problem with x360 keyboard software
Price:125k; Location: Yaba, Lagos
Whatsapp: zero7zero31110249 Will you deal at 90k? |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 9:35am On Dec 17, 2022 |
nex: Still selling. Will you deal @ 70k? |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by Ffolksy: 1:42am On Nov 10, 2022 |
missbae: Red swivel executive chair and office table with drawer..35k
08027041312 Ikeja Post the pictures |
Family › Re: My Mother-in-law Told Me Not To Touch My Wife by Ffolksy: 7:22am On Oct 19, 2022 |
How do you feel comfy having sex with your wife in pain? That's rather selfish. Does her cry mean nothing to you? |
Business › Re: Can A Woman Who Runs Beer Parlor Business Still Be Faithful To Her Husband? by Ffolksy: 5:49am On Oct 08, 2022 |
First time I'm noticing your post that's not Ronaldo or sport related. |
Autos › Re: Sold:SUPER Clean 2008 Lexus Es 350 (red) For N3.250m by Ffolksy: 8:15am On Oct 01, 2022 |
Tobilo001: Good morning I for like buy this car, but na 2.5 I get. Would you consider? |
Autos › Re: Sold!sold!!sold!!!Extremely Clean Registered Hyundai Elantra For Sale by Ffolksy: 8:11am On Oct 01, 2022 |
Would you consider 2.4? |
Autos › Re: Sold by Ffolksy: 8:03am On Oct 01, 2022 |
Can I come inpect at 2.5? |
Autos › Re: SOLD!!! Neatly Baked Registered Toyota Highlander 2005 @2.1m by Ffolksy: 6:24am On Sep 28, 2022 |
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