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Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding - Food (3) - Nairaland

Nairaland Forum / Nairaland / General / Food / Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding (36510 Views)

Prices Of Bread, Paste May Crash As FG Releases Four New Varieties Of Wheat / See What Rice Traders Do To Bags Of Rice To Reduce Its Quantity (pics/video) / What Are The Best Foods For The Festive Period Considering The Rising Food Price (2) (3) (4)

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Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by JuanDeDios: 8:45am On Feb 13
sketching:
Economic hardship: Kano traders slash prices of essential goods



SOURCE: The PUNCH
So Kano State has a Public Compliant and Anti-Corruption Commission. Good to know.

1 Like

Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Sirianese: 8:48am On Feb 13
Una.go tire
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Onuoha1234(m): 8:49am On Feb 13
No¡ No! Open the warehouses and give out the food as Free Paliatives, Punish the wicked people, Send them to jail with hard labour.,.|Expose them shame.[them.!
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by imoowo(m): 8:51am On Feb 13
Abeg na 10 warehouse go feed the whole of Nigeria
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by aswani(m): 8:52am On Feb 13
sketching:
Economic hardship: Kano traders slash prices of essential goods



SOURCE: The PUNCH

I am sure there are more of these places where food is being hoarded all over the country just to greedily drive prices up and blame the government. Na we dey do ourself.

In Benin, PDP's Ọbasẹki also hoarded Bubu's Covid palliatives till the thing started to rot in the warehouse they kept it.

1 Like

Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by badoh(m): 8:52am On Feb 13
Fortuneed:
Propaganda government. Tackle the real issue on ground..
You may call it propaganda but even Nigerians deh do themselves by overinflating price of goods to make exorbitant profits.

1 Like

Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by StraightGaay: 8:54am On Feb 13
AntiChristian:
When prices go up...na our leaders!


When prices go down..... Praise the Lord! Alhamdulillah!


Humans killing humans! lipsrsealed
Too much head-slamming has done a great deal of damage to your brain.

1 Like

Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by omolola12345(m): 8:54am On Feb 13
If the government is standing right by stabilizing the economy of the country then the government will be confident to regulate food prices in the country and prevent hoarding of foods and other things. But the government cannot do so because she knows the economy is failing and she has not done anything concerning that.
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Galadimabawa: 8:55am On Feb 13
Believe him at your own course
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Jayhome24: 8:59am On Feb 13
So you guys are hoarding fooods and started blaming the federal govt and staging protest ba?

1 Like

Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Onuoha1234(m): 9:00am On Feb 13
No! Shame the wicked ones. Open the gates @nd give the items as Free P#listives to the starving masses. Teach a huge lesson.Send these people [o long-term imprisonment.Or sre they the POLITICIANS PROFESSIONAL POLITI'CIANS? THE GODFATHERS?
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Kukutenla: 9:01am On Feb 13
"We will ensure that our stock at hand won’t go beyond the company prices for the sake of our people. We agree to run at a loss than to throw our people into difficulties”.
Nairalanda1 must be shitting bricks while reading this
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by israelmao(m): 9:02am On Feb 13
People's unusual desire for ill-gotten gain has also contributed to the arbitrary increase in prices of commodities.
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by nesphil(m): 9:02am On Feb 13
Tinubu is a failure.
He's clueless.

sketching:
Economic hardship: Kano traders slash prices of essential goods



SOURCE: The PUNCH

1 Like

Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Chickensoup: 9:02am On Feb 13
900warriorz:
I wish grin

If only propaganda could save them this time, it would but Naija don spoil pass using propaganda to appeal to our better nature. We are wiser now.
We aren't wiser. There are still a lot of idiots living in this country.
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Dennisochampa: 9:03am On Feb 13
This makes sense... Nigerians want to gain everything by dubious means...

Tomorrow them go put 100 percent blame on the government.....

Why hoard food in the face of the massive sufferings of the people...

Isn't this a time to set your greed aside and be a human

Problem no deh kill person.... Na person dey kill person
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by comodo: 9:04am On Feb 13
Olachase:
have you make your findings before concluding if its a lie or not undecided undecided


Must you guy's be stupid all the time
And a business man tells you that he is selling his goods less than the company price and you believed that. When he is done with his stock, what's next?

2 Likes 1 Share

Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Goodnewsforlife: 9:04am On Feb 13
Lastmessenger2:
This is propaganda. Face the reality and stop dishing out lies
once it doesn’t suit Chinedu agenda then it’s propaganda but if it reads that fuel is now 5000 per liter u will b running around like a castrated kangaroo

1 Like

Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by emonis88: 9:20am On Feb 13
God pls save Nigerians from this government. Pls God.
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Lastmessenger2: 9:26am On Feb 13
Goodnewsforlife:
once it doesn’t suit Chinedu agenda then it’s propaganda but if it reads that fuel is now 5000 per liter u will b running around like a castrated kangaroo
Mohammad
Nurudeen we live in Nigeria. We know what's up. Don't sit in a room and lie to 150million adults because you want to look good.
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by AntiChristian: 9:30am On Feb 13
StraightGaay:
Too much head-slamming has done a great deal of damage to your brain.

Okay, did it do the same to Jesus and others in the Bible or do they have unbreakable heads?

Head-slamming Biblical Legends!
1. Jesus: Going a little farther, he (Jesus) fell with his face to the ground and prayed Matthew 26:39

2. Abram: "And Abram fell on his face: and God talked with him, saying...," - Old Testament (Genesis 17:3)

3. Abraham:"Then Abraham fell upon his face, and laughed, and said in his heart, Shall a child be born unto him that is an hundred years old? and shall Sarah, that is ninety years old, bear?" - Old Testament (Genesis 17:17)

4. Moses: "And Moses made haste, and bowed his head toward the earth, and worshiped." - Old Testament (Exodus 34:cool

5. Moses & Aaron:“And Moses and Aaron went from the presence of the assembly unto the door of the tabernacle of the congregation, and they fell upon their faces: and the glory of the LORD appeared unto them.” - Old Testament (Numbers 20:6)

6. Moses & Aaron:"And the LORD spake unto Moses and unto Aaron, saying, Separate yourselves from among this congregation, that I may consume them in a moment. And they fell upon their faces, and said, O God, the God of the spirits of all flesh, shall one man sin, and wilt thou be wroth with all the congregation?" - Old Testament (Numbers 16:20-22)

7. Ezra and his People: And Ezra blessed the LORD, the great God. And all the people answered, Amen, Amen, with lifting up their hands: and they bowed their heads, and worshipped the LORD with [their] faces to the ground. - Old Testament (Nehemiah 8:6)

8. Joshua: "And he said, Nay; but as captain of the host of the LORD am I now come. And Joshua fell on his face to the earth, and did worship, and said unto him, What saith my Lord unto his servant?" - Old Testament (Tanakh) (Joshua 5:14)

9. A Prophet: "And it came to pass, while they were slaying them, and I was left, that I fell upon my face, and cried, and said, Ah Lord GOD! wilt thou destroy all the residue of Israel in thy pouring out of thy fury upon Jerusalem?" - Old Testament (Ezekiel 9:cool

10. Jehoshaphat: "And Jehoshaphat bowed his head with his face to the ground: and all Judah and the inhabitants of Jerusalem fell before the LORD, worshipping the LORD." - Old Testament (2 Chronicles 20:18)

11. [b]A Prophet:"[/b]And it came to pass, when I prophesied, that Pelatiah the son of Benaiah died. Then fell I down upon my face, and cried with a loud voice, and said, Ah Lord GOD! wilt thou make a full end of the remnant of Israel?" - Old Testament (Ezekiel 11:13)

1 Like

Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by YourKarma: 9:33am On Feb 13
tuoyoojo:
Na we be our problem

Any avenue to maximise profits at the expense of others ,we exploit to the maximum

However, this Is a knee jerk response. Tackle insecurity so that farmers can go back to the farm.


Read the post and you'll see the headline is different from the content.

The content says the items stolen from the warehouse by the government is being sold at lower prices
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Saidfx(m): 9:35am On Feb 13
Ray369:
The Marketers( retailers) are following trend of the distributor/manufacturer price so as to be able to purchase the exact quantity they sold..they don't want their quantities to reduce that's why they keep increases the retail price as the distributor/manufacturer increases..it's simple commerce. All I know is the major factor that determines prices of goods and commodities is the exchange rate and fuel price(transportation).
Assuming a retailer have 100 bags of rice bought at #50k per bag in stock Andi sell at #55k per bag ...and the distributor said the next supply will be at #65k per bag... definitely he won't be able to meet up to the quantity (100 bags ) and the retailer has to increase the price of the current goods in stock so as to be able to meet up with the quantity (100 bags) in stock on the next supply..that's what's happening..by they way they too buy other goods and products which their prices has increased so it's tit for tat.
Whats the minister of Finance saying about this ? All prices control agencies are silent and quite too!
Naija for show

Bless you , you spoke well. However, Nigerians love to reap thier fellow brothers and if I am aware I'm too get my next supply at 65k as a seller, then I can as well sell the current commodity at 75k. Let's just pray to always meet good people with good heart. It's well
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Rejoice28(f): 9:37am On Feb 13
Friends Jesus Christ loves y'all and he want you to accept him as your personal lord and saviour by giving your life to Christ, believing in him and repenting of your sins.remember tomorrow might be too late. Shalom

1 Like

Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by donmik: 9:40am On Feb 13
I trust Kano governors like KWANKAWSO.
U cant just dictate for him.
A good move that all governors should adopt if they wish TINUBU well. Or if TINUBU wishes us well and not death
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by nairalanda1(m): 9:42am On Feb 13
Kukutenla:

Nairalanda1 must be shitting bricks while reading this

Yo.

Stop being a bully. It makes you look bad , you know.

Modifed

I know you will laugh at me, but if you abuse me again, or make mockery of me for nothing, I will have no compunction in reporting you to the moderators.

I don't know why my views should give you such a headache, and make you act like an immature child.

You are a married man, and a respectable adult. That does not give you the right to behave like an unhinged child on this site. It does not give you the right to mock and abuse me at all.

Grow up, and get off my mentions.

Cc Seun and the moderators.
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by Lovelyn451(f): 9:47am On Feb 13
When we finish eating this one, wake the slain farmers from the grave to come plant another food...keep covering herdsmen, see u see famine
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by shox(m): 9:49am On Feb 13
Na the last part off me.

I go open business, and now agree to sell at loss
😀😀😀😀
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by StraightGaay: 10:03am On Feb 13
AntiChristian:


Okay, did it do the same to Jesus and others in the Bible or do they have unbreakable heads?

Head-slamming Biblical Legends!
1. Jesus: Going a little farther, he (Jesus) fell with his face to the ground and prayed Matthew 26:39

2. Abram: "And Abram fell on his face: and God talked with him, saying...," - Old Testament (Genesis 17:3)

3. Abraham:"Then Abraham fell upon his face, and laughed, and said in his heart, Shall a child be born unto him that is an hundred years old? and shall Sarah, that is ninety years old, bear?" - Old Testament (Genesis 17:17)

4. Moses: "And Moses made haste, and bowed his head toward the earth, and worshiped." - Old Testament (Exodus 34:cool

5. Moses & Aaron:“And Moses and Aaron went from the presence of the assembly unto the door of the tabernacle of the congregation, and they fell upon their faces: and the glory of the LORD appeared unto them.” - Old Testament (Numbers 20:6)

6. Moses & Aaron:"And the LORD spake unto Moses and unto Aaron, saying, Separate yourselves from among this congregation, that I may consume them in a moment. And they fell upon their faces, and said, O God, the God of the spirits of all flesh, shall one man sin, and wilt thou be wroth with all the congregation?" - Old Testament (Numbers 16:20-22)

7. Ezra and his People: And Ezra blessed the LORD, the great God. And all the people answered, Amen, Amen, with lifting up their hands: and they bowed their heads, and worshipped the LORD with [their] faces to the ground. - Old Testament (Nehemiah 8:6)

8. Joshua: "And he said, Nay; but as captain of the host of the LORD am I now come. And Joshua fell on his face to the earth, and did worship, and said unto him, What saith my Lord unto his servant?" - Old Testament (Tanakh) (Joshua 5:14)

9. A Prophet: "And it came to pass, while they were slaying them, and I was left, that I fell upon my face, and cried, and said, Ah Lord GOD! wilt thou destroy all the residue of Israel in thy pouring out of thy fury upon Jerusalem?" - Old Testament (Ezekiel 9:cool

10. Jehoshaphat: "And Jehoshaphat bowed his head with his face to the ground: and all Judah and the inhabitants of Jerusalem fell before the LORD, worshipping the LORD." - Old Testament (2 Chronicles 20:18)

11. [b]A Prophet:"[/b]And it came to pass, when I prophesied, that Pelatiah the son of Benaiah died. Then fell I down upon my face, and cried with a loud voice, and said, Ah Lord GOD! wilt thou make a full end of the remnant of Israel?" - Old Testament (Ezekiel 11:13)
Head slammer.
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by basty: 10:13am On Feb 13
Lazy youths always following same pattern of comments. Nairaland has been hijacked by the empty heads.

What is propaganda in the news report?
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by MadamExcellency: 10:16am On Feb 13
What rubbish am I reading? Buhari 1984 reloading. Hunger and scarcity are coming. How do you restock after selling below the company price?

But Danyaro said the traders were currently selling their commodities in the market at a price less than the company prices.
Re: Kano Traders Crash Food Price 24 Hours After 10 Werehouse Were Seal For Hoarding by nairalanda1(m): 10:25am On Feb 13
Ray369:
The Marketers( retailers) are following trend of the distributor/manufacturer price so as to be able to purchase the exact quantity they sold..they don't want their quantities to reduce that's why they keep increases the retail price as the distributor/manufacturer increases..it's simple commerce. All I know is the major factor that determines prices of goods and commodities is the exchange rate and fuel price(transportation).
Assuming a retailer have 100 bags of rice bought at #50k per bag in stock Andi sell at #55k per bag ...and the distributor said the next supply will be at #65k per bag... definitely he won't be able to meet up to the quantity (100 bags ) and the retailer has to increase the price of the current goods in stock so as to be able to meet up with the quantity (100 bags) in stock on the next supply..that's what's happening..by they way they too buy other goods and products which their prices has increased so it's tit for tat.
Whats the minister of Finance saying about this ? All prices control agencies are silent and quite too!
Naija for show

A sane and sensible comment on Nairaland.

A sane and sensible comment on Nairaland.

I'm shocked.

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