₦airaland Forum

iammo:




I still will say it again Nigeria needs Commodity and Services Pricing board

Government controls prices in many countries because humans are profit driven

The more you jack up your profit the more tx you should pay


.

Nairaland economists argue against any form of price control. I think they echo the sentiments of Nigerian economists as a whole.

Black man is wicked

The white are more devilish
Why would ferrari costlier than Toyota with such huge gab, same four tire car, same one steering wheel, etc.

Kevineleven:
That's why I laugh when people complain about government and corruption.
The masses contribute actively to the problems in our country.

So is the government supposed to sit and watch while Nigerians rip themselves off?

The government is irresponsible if so.

emorse:
Nairaland economists argue against any form of price control. I think they echo the sentiments of Nigerian economists as a whole.

Price control is not the answer; for one, the government has no right to fix price of any commodity except they are subsidizing it's production. If the cost of production, packaging, logistics and marketing is born by the business, it safe to say that only the business has the right to decide the price. Moreover, enforcing price control will open another room for corruption.

kwen1:
Today I went for my annual eye check up, after hours of checking, the doctor said am good all I needs is just some antibiotics.

To cut the stories short, the 3 drugs that the doctor wrote and hide from me was said to cost 15,000.
After paying, I removed the paper that was glued to hide the names of the drugs and I checked the costs online, behold the total cost of the drugs in an online pharmacy store was less then 5,000.

I just laughed and said to myself, you have been scammed.

not even 10k 15k Nawa o

SOSPITAS:
Price control is not the answer; for one, the government has no right to fix price of any commodity except they are subsidizing it's production. If the cost of production, packaging, logistics and marketing is born by the business, it safe to say that only the business has the right to decide the price. Moreover, enforcing price control will open another room for corruption.

Of course they have to subsidise local production. It's a standard practice globally. Inputs like power should be subsidised to encourage local manufacturers. Reduction of import duties on machinery and raw materials and tax rebates should also be introduced. Now after doing all that to lower the cost of production, I believe they have every right to introduce a price ceiling for local consumables.

Export goods on the other will be priced at international market prices to encourage the production of export grade products which will earn more Forex for the country. Diversification don complete be that.

[quote author= post=125787808]SECONDED.[/quote]The will raise the school fee....

SmilingImabong:

Bro this is the same reason I changed my child's school the extorsion is too much.
Uniform for a 2yrs old child they told me 50,000
Book own sef I don't need to mention it
The extorsion is too much considering this hardship.

I think the government both federal and state should look into this matter.

I don get sense now. I will buy her books myself .

Wicked people

Uniform 50k kee, is this a joke

It's no joke o. It's true

scoobyblogspot:
Uniform 50k kee, is this a joke