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Gboss247's Posts

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Politics › Re: Cement Bag Is Too Cost, Reduce The Price To ₦‎7,000 Per Bag - Dave Umahi by Gboss247(m): 1:16pm On Feb 27, 2025
Nonybb:
Simply quote, he is a MONOPOLIST
Where is the monopoly?
Politics › Re: Cement Bag Is Too Cost, Reduce The Price To ₦‎7,000 Per Bag - Dave Umahi by Gboss247(m): 1:16pm On Feb 27, 2025
Everlastingson:
"Appeal to manufacturers...." . Nonsense. Even if it's #7k per bag so it's cheap and affordable? Wicked people. A bag of cement shouldn't cost more than #3k in the first place. Dangote gets limestone almost free of charge in Nigeria, at the rate of #25 per tonne! Portland cement is at least 90% limestone. SMH.
Dangote gets limestone for free, go and get own for your free since knowledge is expensive and ignorance is cheap.
Politics › Re: Cement Bag Is Too Cost, Reduce The Price To ₦‎7,000 Per Bag - Dave Umahi by Gboss247(m): 1:15pm On Feb 27, 2025
Gab1976:
Umahi you don't know what to do, if you have Nigerians in heart, Give more License to people to produce cement that bring down the price.
Has more people companies drilling crude in Nigeria reduced the price of crude!
Politics › Re: Cement Bag Is Too Cost, Reduce The Price To ₦‎7,000 Per Bag - Dave Umahi by Gboss247(m): 1:11pm On Feb 27, 2025
sweetkev:
Monopoly is very bad in a country like Nigeria. Imagine buying cement for 10k since October 2024 and the price hasn't come down till now 2025.
Where is the monopoly?
Politics › Re: Cement Bag Is Too Cost, Reduce The Price To ₦‎7,000 Per Bag - Dave Umahi by Gboss247(m): 1:11pm On Feb 27, 2025
Amudeneogu:
Please go and tell Dangote and his brothers
Did you vote in Dangote or Tinubu?
Politics › Re: Cement Bag Is Too Cost, Reduce The Price To ₦‎7,000 Per Bag - Dave Umahi by Gboss247(m): 1:10pm On Feb 27, 2025
oz4real83:
Open up the industry to allow more manufacturers and the price will drop, you don't need to beg angry. With the appreciation of the naira, prices of some products like cement is supposed to be falling but this will not happen because we are having a controlled monopoly where just few manufacturers produce cement for the whole country embarassed
Where is the monopoly?
Politics › Re: Cement Bag Is Too Cost, Reduce The Price To ₦‎7,000 Per Bag - Dave Umahi by Gboss247(m): 1:09pm On Feb 27, 2025
3kay945:
grin
Funny dream!

It will be sweet sha...
Says someone celebrating the government and NLC for N70,000 national minimum wage forgetting that the extra N40,000 will generated from taxes paid by the private sector.
Politics › Re: Cement Bag Is Too Cost, Reduce The Price To ₦‎7,000 Per Bag - Dave Umahi by Gboss247(m): 1:07pm On Feb 27, 2025
Gotocourt:
Stop taxes shocked

E no hard undecided
Then minimum wage has decreased
Politics › Re: Cement Bag Is Too Cost, Reduce The Price To ₦‎7,000 Per Bag - Dave Umahi by Gboss247(m): 1:07pm On Feb 27, 2025
Dreal1247:
Let more players be encouraged into the industry and you see the price reduced naturally. The major problem is that the Nigerian Government policies are not favorable for business organizations. Create a conducive business environment and see massive industrialization. Until we have a business minded leader and not a career politician, the production and the agricultural sector will continue to be in comantose.
Has more landlords building houses on your street reduce your house rent?
Politics › Re: Dangote Crashes Petrol Price To ₦‎825 Per Litre by Gboss247(m): 7:07pm On Feb 26, 2025
santaclaws:
Hope you know your government is no longer paying subsidy for fuel... 🙄

Dangote as a businessman isn't the one to do any drastic reduction you're talking about.
Hope you that imported petrol is heavily subsidized
Politics › Re: Dangote Crashes Petrol Price To ₦‎825 Per Litre by Gboss247(m): 6:56pm On Feb 26, 2025
MrDoGood:
Mr monopoly!!!


You guys don't know this man yet.

Where is the monopoly?
Politics › Re: Dangote Crashes Petrol Price To ₦‎825 Per Litre by Gboss247(m): 6:55pm On Feb 26, 2025
spencekat:
Reduction of international crude oil price caused it.
Also add forex earned by Dangote refinery exportation and 31.1 billion AfDB loan
Politics › Re: Dangote Crashes Petrol Price To ₦‎825 Per Litre by Gboss247(m): 6:53pm On Feb 26, 2025
seunowa:
Good even if it is one competitor. And many oil marketers are being given licenses to import pms into the country to ward off any monopolistic tendencies.
What about the monopoly of secret subsidy on imported petrol?
Politics › Re: Nigeria’s World Bank Debt May Hit $9.2 Billion As FG Eyes Six Loans by Gboss247(m): 6:46pm On Feb 26, 2025
chidiokay:
Did that nonsense you wrote come out from your anus or nose

Nnpc is using #1,800 to subsidize 1ltr of fuel 🤣🤣🤣 when dangote own fuel is just 950 .... it is the height of foolishness for me you can jump sha
Whether it came out of my anus, ear, or ear. The truth is visible for all to see.
Politics › Re: We Have Enough Petrol For Local Demands, Dangote Assures Nigerians by Gboss247(m): 5:19pm On Feb 26, 2025
Goldplucker:
The problem is you’re too rich to understand the hardship we’re facing as a nation.

If he’s rich. Has produced enough oil Why don’t the price come down cos he has nothing to lose if it goes down..
When did Dangote start producing crude oil?
What is the relationship between producing enough crude oil and prices?
Politics › Re: Belgium Fears Losing 40% Petrol Export To Nigeria As Tinubu Woos Investors by Gboss247(m): 2:15pm On Feb 26, 2025
johnjay4u2u:
Dangote has enough fuel for the nation.

We have already seen end of scarcity .
We can only be talking about price now.
Which BUA and other smaller local refineries will sort.

If they like they should not import, fuel go dey.
The international barrel pricing should normalize things
So BUA and other small refineries are now the policymakers in CBN?
Politics › Re: Nigeria’s World Bank Debt May Hit $9.2 Billion As FG Eyes Six Loans by Gboss247(m): 2:06pm On Feb 26, 2025
chidiokay:
With Dangote price of Pms what exactly is govt subsidizing in Nnpc Pms price huh


Bwala is actually right
NNPCL imports petrol from Europe where the cheapest petrol is €1.7/litre i.e about N2,700 yet the landing cost in Nigeria is N900+ because secret subsidy does the magic.
Politics › Re: Chinese Investors Kickstart Kogi Free Trade Zone Development by Gboss247(m): 9:25am On Feb 26, 2025
mctech:
Just implement good HR practices when the free trade zone picks up.

Chinese are slave masters. Those at the Guangdong Free Trade Zone at Igbesa Ogun State are doing two weeks night and two weeks day shifts for peanuts.

I can't allow my enemies work for the Chinese.
You can't allow enemies to work them but you want communism?
Politics › Re: Chinese Investors Kickstart Kogi Free Trade Zone Development by Gboss247(m): 9:24am On Feb 26, 2025
NaijaGoBetter2:
These Chinese people seem to be doing more harm than good for us in this country, but only a few can understand. Coming into the country to cart away some of our untapped minerals resources.
Says someone that celebrate the Europeans doing same thing
Politics › Re: Nigeria’s World Bank Debt May Hit $9.2 Billion As FG Eyes Six Loans by Gboss247(m): 9:22am On Feb 26, 2025
chidiokay:
the main ones govt is subsidizing for you
The secret subsidy paid in imported petrol is what?
Politics › Re: Nigeria’s GDP Rate Grew By 3.84% In Q4 2024, Says NBS by Gboss247(m): 8:01am On Feb 26, 2025
redcliff:
Audio growth. When them dey calculate ashawo work as part of gdp..
Audio growth, yet prices of commodities are increasing in the market as evidence of GDP growth in naira.
Politics › Re: Nigeria’s GDP Rate Grew By 3.84% In Q4 2024, Says NBS by Gboss247(m): 7:59am On Feb 26, 2025
KaptainAfrika:
theoretical improvements with no real-world impacts.
Theoretical improvement with practical evidence, prices are raising in the market.
Politics › Re: Nigeria’s GDP Rate Grew By 3.84% In Q4 2024, Says NBS by Gboss247(m): 7:56am On Feb 26, 2025
adioolayi:
Until prices of basic goods and services are affordable by a common man....all these are pure academic grammar.


All we want is to have little money that can buy something tangible like before.
GDP growth in naira equates high cost of production in naira resulting to price increment
Politics › Re: Nigeria’s World Bank Debt May Hit $9.2 Billion As FG Eyes Six Loans by Gboss247(m): 7:52am On Feb 26, 2025
Racoon:
After removing subsidy and the endless taxations? This is the bastardised economy they are lying has improved. Covering it with chronic debts pillage. Nigeria is a mess
Can you mentioned the subsidy that was removed?
Politics › Re: Nigeria’s World Bank Debt May Hit $9.2 Billion As FG Eyes Six Loans by Gboss247(m): 7:51am On Feb 26, 2025
chidiokay:
Nothing about this govt ever add up, is it always contradictions and incoherences

After withdrawing all subsidy and shuning up revenue drive recklessly We are even more dependant on Loan than previous administration that took so much responsibility ...
Apparently Nigerians are just suffering in vain,God help us
Which subsidy was withdraw?
Politics › Re: Nigeria’s World Bank Debt May Hit $9.2 Billion As FG Eyes Six Loans by Gboss247(m): 7:47am On Feb 26, 2025
endisnear:
But what is the purpose of this loan, things are not getting better in this country why loan
Says a consumer that consumes a lot foreign products
Politics › Re: Nigeria’s World Bank Debt May Hit $9.2 Billion As FG Eyes Six Loans by Gboss247(m): 7:46am On Feb 26, 2025
Hemanwel:
The other thread was telling us about GDP growth without letting us know what the actual size of the GDP is.

They say the naira has appreciated against the dollar in the parallel market in an attempt to make us believe that the economy is doing well.

Now, they are planning on getting six loans for an economy that is supposedly doing well??

When you misrepresent facts and figures to cover up lies, no matter how long it may take, the truth must surely prevail!
That has been their operating in this Tinubu regime, reporting GDP without actual figures.
Business › Re: Naira Hits 7-Month High, Appreciates To ₦1,500/$ In Parallel Market by Gboss247(m): 4:35pm On Feb 25, 2025
santaclaws:
Olodo... 😒
Mr. illiterate
Politics › Re: Dangote Refinery Has 500 Million Litres Of PMS In Stock by Gboss247(m): 3:30pm On Feb 25, 2025
Mccollins042:
Be deceiving urself, Ghana sells 15.96 cedis which is equal to 1usd
Compare the value of cedis to euros
Politics › Re: Emefiele: Dangote Group Clarifies EFCC's Visit To Head Office by Gboss247(m): 3:29pm On Feb 25, 2025
pharmagba:
From the Monopoly of sugar importation
To Monopoly of rice importation
Where is the monopoly?
Business › Re: Naira Hits 7-Month High, Appreciates To ₦1,500/$ In Parallel Market by Gboss247(m): 3:28pm On Feb 25, 2025
santaclaws:
LOL... You don't know anything about what you wrote up there. I am an economist, so none of those things you wrote have any effect on the naira.

The minimum wage increase is a response to current cost of living and the dollar wouldn't suddenly reduce just because people are earning low.
To be sincere, you have confirm your economic illiteracy and ignorance.
The cost of living is the simply prices of commodities that one to acquire to make life comfortable. The prices of commodities are determined by the value of your currency.
The value is inversely proportional to the volume of money. Increasing the minimum wage is simply increasing money supply which results to currency depreciation. Increasing the minimum wage to fight is one of the most stupid thing believe by economists without knowledge.
Business › Re: Naira Hits 7-Month High, Appreciates To ₦1,500/$ In Parallel Market by Gboss247(m): 1:02pm On Feb 25, 2025
santaclaws:
If not for NNPC's and some marketer's insistence on importing fuel, Naira would have even gotten stronger by now...

We don't need to keep chasing the dollar with a lot of Naira, that's what's causing the rise of dollar above 1k. Normally, by now, 1 dollar shouldn't even be above 900 naira.
To stop chasing dollar with a lot of nairas, the minimum wage should be reduced and commercial banks have to be decapitatalize to reduce the money supply.

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