BlocksNG:
You are an idiot for anticipating price hike, that's felony.

It's your Family that are idiots.

What is "marketing" if I don't anticipate a price increase on a product I have for sale?

You voted for APC, it's late. You have over 7 more years to feel the pains. Ntor

eddynaira125:
It will only frighten Corrupt investors

Lol some of us don't look beyond our nose or just pretending.
So you don't know that some people are full time into agro business, buy grains or so when it's cheaper, transport it, protect and secure against thieves, pests etc and filter it.
Then they will wait for some season to sell and earn a living, and you want them to give you for free because you are hungry?
What happens after sealing of them and they don't store anymore or run out of cash to buy next season? What happens when you finish eating everything in stock?
What do you think will happen, smile

mrrandomguy:
I won't be surprised if all this challenges Nigeria is facing is sponsored by these bankers. Peter Obi himself is a banker.

Ebi like say if u no mention obi ur mama no go fit cum on ur papa

Just like Peterside, you can see many evil people still condemning this move. What exactly do you suggest the government do?? Na wa O

Nigerians want to curb inflation with crude 18th century strategies.

tony0806:
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!

But the prices of food is at an all time high.....never in the history of Nigeria has food been this expensive since it's about profit for them why are those hoarders still keeping food in warehouses.

They are the ones jacking up the price because of excess greed.
It's a good thing government is stepping in now.

I see a whole lot of short-sighted folks here - but wetin concern me.. same way Bubutard blocked the borders to encourage local rice farmers , now N6k local rice with all the stones is now N50k and guess where premium long-grain has gone rather than focus on empowering and building the agricultural industry, BOI will borrow OVH money to buy NNPC shares in OANDO and leave farmers dry. and here you have their lot screaming on your mandate

ViceGovernor:

But the prices of food is at an all time high.....never in the history of Nigeria has food been this expensive since it's about profit for them why are those hoarders still keeping food in warehouses.

They are the ones jacking up the price because of excess greed.
It's a good thing government is stepping in now.

and when these your chairmen that you worship in Government increase their allowances and refuse to do that to yours -- you go vex.. chop the suffering joor

Tonididdyx:


I dare you to paste your business address!
Na nigerians go first level you before govt show

My phone number is on my signature. Fix any location in Nigeria let's meet! I don't have problem with Nigerians. It's you that voted for APC that should come.

Pikin get heache, rather than treating him they want to cut his head.

Shior!

Omenlon:
yes, you in a capitalist economy but not a lawless economy.

Nigerians really deserve the type of leaders they get

Ayam not understanding this man oo. Owu dey blow men you day yarn about investors, abi?

Crooked investors like

Petersburg.

ViceGovernor:

But the prices of food is at an all time high.....never in the history of Nigeria has food been this expensive since it's about profit for them why are those hoarders still keeping food in warehouses.

They are the ones jacking up the price because of excess greed.
It's a good thing government is stepping in now.

It's a good thing government is stepping up Which kind mind set be this? Why not go to car dealers and seal up there shops because they have hundreds of cars for sale. And that way, they are tying billions of naira down!

So investors came in to hoard.....??
So you came to Nigeria to invest and hoard
How does that sound to this man sef
Werey dem
Can you try that nonsense in western country
Only corrupt investors will be scared

Ekpenuwa:
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..

Can you guys be reasonable for a second?

Open the borders so that Naira can reach 5000 naira against dollars.

Do you understand demand and supply law at all?

And in your mind, you were advising Nigeria Government

Kushites:
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.

Inflation is 30%
Is Peterside responsible for this high inflation?

As I dey like this, me I dey go buy my own 100bags of rice to hoard for my warehouse

I dunno about you

nlfpmod:


Atedo Peterside

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

Who told you investors are coming,?

To come and run generator with expensive fuel?

mrrandomguy:
I won't be surprised if all this challenges Nigeria is facing is sponsored by these bankers. Peter Obi himself is a banker.

SMH, So at your age, this is the only thing your brain can be deduced

Mightymanna:
They are not Economist.

They are tax collectors

eddynaira125:
It will only frighten Corrupt investors

what has been done to frighten corrupt government officials like the president, legislators, governors, judges, ministers, police, military etc?

Acidosis:


Nigerians want to curb inflation with crude 18th century strategies.

don't mind them, I want the Bulaba bandits to make a little research on essential commodities era in Nigeria (1980's) then come back to clap their leprous fingers. I know they have no shame but for you who has sense, buy as much foodstuff as you can buy including oil and satchet tomatoe paste and warn your wife to shut up about their availability in your store because things are about to get very interesting

PHIPEX:
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

You are very correct. 💯%

MT:


Can you guys be reasonable for a second?

Open the borders so that Naira can reach 5000 naira against dollars.

Do you understand demand and supply law at all?

And in your mind, you were advising Nigeria Government

how will opening border make dollar reach 5000naira a dollar?

ViceGovernor:

But the prices of food is at an all time high.....never in the history of Nigeria has food been this expensive since it's about profit for them why are those hoarders still keeping food in warehouses.

They are the ones jacking up the price because of excess greed.
It's a good thing government is stepping in now.

and the politicians that are hoarding the countries wealth for themselves, why is the same government not stepping up against them?

lexy2014:


how will opening border make dollar reach 5000naira a dollar?

So you dont know that when borders are opened, demand for dollars, CFA etc will reach the roof and the naira will be in decline.

Why did you think the Govt close the border in the first instance?

Incrediblekutty:
Just like Peterside, you can see many evil people still condemning this move. What exactly do you suggest the government do?? Na wa O

how are people condemning the move evil?

Ekpenuwa:
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..

Tgis was exactly what the presidency was supposed to do in their meeting this week. Only for the presidency to say they want to protect the interest of local farmers. THE SAME LOCAL FARMERS that have raised the price of foodstuffs because of probably the impact of other aspects of the economy on them.

MT:


Can you guys be reasonable for a second?

Open the borders so that Naira can reach 5000 naira against dollars.

Do you understand demand and supply law at all?

And in your mind, you were advising Nigeria Government

If you understand economic development you shouldn't have said the aforementioned.
There's is no market that you will not see Foreign Goods including Rice is sold at all various locations so why closing the borders when the goods you Blocked not to enter is still entering the country is even been found the various Government House
What NIGERIA NEED NOW IS BORDERS OPENING SO IT CAN COMPETE WITH THOSE WICKED TRADERS THAT DECIDED TO INCREASE THIERS IF THERE'S COMPETITION IN VARIOUS FOOD,GOOD BOTH FOREIGN AND LOCAL PRODUCTS THERE WIL DECREASE IN FOOD PRICE...TRY UNDERSTAND ECONOMIC

MT:


So you dont know that when borders are opened, demand for dollars, CFA etc will reach the roof and the naira will be in decline.

Why did you think the Govt close the border in the first instance?

that is not what I asked you. you have not answered the question.

how will opening border make dollar reach 5000naira a dollar?

Kushites:
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.

Nigerians have mouth.
You call a whole atedo Peterside a foolish man.
Dont you think the joke is one you?