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Crackdown On "Hoarding" Will Frighten Investors - Peterside - Politics - Nairaland

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FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins / EndSARS: Joe Biden To Buhari & Military, "Stop Violent Crackdown On Protesters" / Governor Wike & Dakuku Peterside Meet In Okrika (Photo) (2) (3) (4)

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Crackdown On "Hoarding" Will Frighten Investors - Peterside by nlfpmod: 7:11pm On Feb 16
My question to those on the FG economic team are sealing up of an Abuja Store as reported by @daily_trust is as follows:
"Are these types of moves not likely to frighten away investors (local and foreign) ? 🤔" @officialNESG

Atedo Peterside

Previous thread https://www.nairaland.com/8002490/fg-seals-off-sahad-store#128482783

18 Likes 3 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by Caaz: 7:13pm On Feb 16
Cool moves.
nlfpmod kindly move my topic on food thread to frontpage.

Ebin pawa o.

11 Likes 4 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by Blackestjunior(m): 7:13pm On Feb 16
Bleepp mehn

Seal everything

7 Likes 1 Share

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by eddynaira125: 7:14pm On Feb 16
It will only frighten Corrupt investors

100 Likes 6 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by Kushites: 7:15pm On Feb 16
Atedo Peterside, Shebi you be multi millionaire? Hunger no dey waya you, so na “investors” your own mind dey, even if people no see food chop.

Out of touch, over-fed foolish man.

88 Likes 9 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by Lovenorth: 7:15pm On Feb 16
Shut up if you don't have reasonable thing to say. There are a lot of useless people in Nigeria

36 Likes 2 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by Mightymanna(m): 7:15pm On Feb 16
They are not Economist.

15 Likes 2 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by jamesversion: 7:15pm On Feb 16
Ok.
Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by specialmati(m): 7:16pm On Feb 16
grin grin grin grin grin confusion everywhere.how Nigerians take allow falling demons from hell get hold of the presidency is what still surprises me.from 2015 till now na backwardness with speed

103 Likes 4 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by mrrandomguy: 7:16pm On Feb 16
I won't be surprised if all this challenges Nigeria is facing is sponsored by these bankers. Peter Obi himself is a banker.

13 Likes 2 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by tony0806: 7:16pm On Feb 16
100% correct.

As a business man that chose to invest in foodstuffs just like ANY OTHER BUSINESS MAN. When price of foodstuffs were low, I used my hard earned money to buy them in bags and stored. And when prices are higher, I bring them out to sell.

And you open your dirty mouth to say i am "hoarding"? Come to my ware house let me tell you something first!

Thieves!

132 Likes 11 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by EverythingPhone(m): 7:16pm On Feb 16
cool

Seal any store or ware house hoarding
We don’t need hoarding at this point
We need equal distribution of food

Meanwhile I track lost or stolen phones or devices at at an affordable fee
A trial will definitely convince you
Contact me via siggy below

5 Likes 1 Share

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by Uyi168: 7:16pm On Feb 16
...
Nigeria government will leave real issues and be chasing shadows..

The problem was never availability, rather affordability..

Stabilize the Naira
Encourage agriculture
Improve security..

Small small,we will get there..

53 Likes 5 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by Epstein(m): 7:16pm On Feb 16
grin
Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by NzogbuNzogbu: 7:17pm On Feb 16
So our master strategist would only succeed to drive the investors he is floating naira for while still failing to curb market forces that causes inflation?

Be like we go begin need him teeth not his brain again as his supporters first call on his body

14 Likes 1 Share

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by Lawalemi(m): 7:17pm On Feb 16
True. Tinubu FG always come up with archaic policy to address hunger.

15 Likes

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by naijaboy756: 7:17pm On Feb 16
cheesy

Person tell una at ALL COST, FIGHT for it, GRAB it, SNATCH it & RUN with it.

Una still rig am in

Oya na deal with the consequences

Wait o! Lagosians, is this how Lagos was built? because ayam not understanding

15 Likes 1 Share

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by bigdammyj: 7:17pm On Feb 16
Noted.
Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by omooba969(m): 7:18pm On Feb 16
Investor Caaz grin
Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by matify83: 7:18pm On Feb 16
It won't scare away genuine investors but those out to fleece Nigerians by hiking prices of everyday goods despite price tags clearly showing a lesser price.

11 Likes 2 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by VeeVeeMyLuv(m): 7:18pm On Feb 16
grin grin
Very True

1 Like

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by michlins(m): 7:18pm On Feb 16
Wait oh, is it under a must to sell?

They we dey capitalist economy?

5 Likes 1 Share

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by tejumorelar: 7:18pm On Feb 16
Rubbish
Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by spiSeyi: 7:18pm On Feb 16
One of the hoarders spotted , I heard from a reliable source that the inflation in commodity price is artificially by big men who serve as middle men to Indias and Chinco. The Indias and the Chinese guys pay them in USD to buy massive local rice, grains and cassava then repackage the rice as imported, use the cassava for garri production and cassava flakes then sell back to Nierians at outrageous price.
The best way to curb the current commondity the crisis is to halt every form of food export and stop every means of cash transaction in FX

11 Likes 2 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by PHIPEX(m): 7:18pm On Feb 16
Very shameful. Thos is the worst I never thought will happen.

When are they going to crackdown on Dangote cement for the hike in price?

When will they crack down on flourmill, Indomie factory and all the multinational FMCGs whose product's prices have trippled in recent months?

Very shameful of whoever is leading the so called crackdown. Its the height of economic ignorance. If production of any goods is surplus, the price will drop. You don't go about chasing poor men who used their hard earned money to buy their goods

20 Likes 3 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by philiancoop(m): 7:19pm On Feb 16
First they say International Oil Companies can not remit money to their parent company. Now they want to tell traders and manufacturers how and when to sell thier own product.

My question is if you have a branch in Togo and they tell you not to return your profit to Nigeria after business... Will you invite your friends to do business in Togo?

15 Likes

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by Ekpenuwa(m): 7:19pm On Feb 16
All what the Presidency need to do now is to Open Borders and Create Agency for controlling Food Price that's all because our Northern have all decided to increase food price so what presidency need now is Borders Opening..

7 Likes

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by specialmati(m): 7:19pm On Feb 16
mrrandomguy:
I won't be surprised if all this challenges Nigeria is facing is sponsored by these bankers. Peter Obi himself is a banker.
grin grin grin grin grin grin demons are in charge of your life so the challenges from 2015 till now is caused by bankers .then Peter obi .who are you?what are you made of?what do you feed on?

6 Likes 2 Shares

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by henryadex(m): 7:20pm On Feb 16
Do you want the traders to sell their goods at give away price because of your ineptitude and run out of business?

6 Likes 1 Share

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by Generalyemi(m): 7:21pm On Feb 16
Chicago first class mongul grin

6 Likes 1 Share

Re: Crackdown On "Hoarding" Will Frighten Investors - Peterside by Omenlon: 7:22pm On Feb 16
michlins:
Wait oh, is it under a must to sell?

They we dey capitalist economy?
yes, you in a capitalist economy but not a lawless economy.

1 Like

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