hisgrace090:
What you get when cheating runs in the blood of many.

They are hiking prices so they can stay in business.

With the way prices of things are increasing every day, you can finishing selling for #5. When you go to market to restock, they tell you that the selling price is now #15.

Will you close shop and stop doing business?

slaawomirr:
Damnnn niggar

Though I'm ardent hater of tinubu

But Nigerians are wicked and wants to take advantage of every situations to enrich themselves

And do you know another funny thing

We Nigerians are actually not angry about corruption we are just pretending to be angry because we are not the ones carrying out the corruption
Should I add more? We Nigerians are not angry about the way our government is treating us we are just pretending to be angry because it is not our tribesmen or religion persona in power

That is to say or if we sum it up Nigerians are hypocrites, tribalistic, wicked and fake

101%

Rickmann:
On my way from work this evening, I stopped at a shop few blocks from my building to buy noodles so I could make something real quick on getting home. I asked for the smallest pack and was told 400 naira. I asked the lady to repeat what she said cos e be like say ear dey pain me and she said again "bros na 400 o" , Omo I just weak.

Looking at the current situation in the country, Will things ever get better?

it's because they don't know d price... It might change

Yes, the thing is not as bad as we think.

Imagine, my wife went to the market today. About to buy GOLDEN MORN, the first retailer told her the role is 1800 naira but she was wise enough to go the next retailer shop and lo and behold the second retailer sold it 1,600 naira.

You can see they are hiking price of commodities all in the name of dollars and the Government.

AT A TIME LIKE THIS, WE ARE THR ENEMY OF OURSELVES.

Iamzik:


Government started this problem. Let's lay the blame where it belongs. How can you remove subsidy and float your currency at the same time and not expect inflation to go through the roof.

Why didn't these same sellers hike the price in 2022?

My Brother, Help me ask Dem o!

The Fault is on Tinubu.

As soon as he carried out the Hasty, Useless policy of Fuel Subsidy Removal,
The Economy collapsed and Price control collapsed too, since most businesses started running at a Loss and desperately started to Hike prices.

His goons are now Trying to Blame Buhari for the WOES he has created in Nigeria.

Nopretence:
Bottle water I just bought now now for 200,is it that it was imported with dollar?

It's a Domino effect...!

Anything that affects fuel prices and other costs of business will indirectly impact prices to the end users.

If a retailer is spending more money transporting himself and his goods to the market, he will try and shake off the added cost by increasing the prices of his commodities.

The essence of business is to stay profitable all round.

It's not a charity.

slaawomirr:
Damnnn niggar

Though I'm ardent hater of tinubu

But Nigerians are wicked and wants to take advantage of every situations to enrich themselves

And do you know another funny thing

We Nigerians are actually not angry about corruption we are just pretending to be angry because we are not the ones carrying out the corruption
Should I add more? We Nigerians are not angry about the way our government is treating us we are just pretending to be angry because it is not our tribesmen or religion persona in power

That is to say or if we sum it up Nigerians are hypocrites, tribalistic, wicked and fake

You have said it all

Judolisco:
it's because they don't know d price... It might change

That's is not true. Some are just hiking it intentionally.

Rickmann:
On my way from work this evening, I stopped at a shop few blocks from my building to buy noodles so I could make something real quick on getting home. I asked for the smallest pack and was told 400 naira. I asked the lady to repeat what she said cos e be like say ear dey pain me and she said again "bros na 400 o" , Omo I just weak.

Looking at the current situation in the country, Will things ever get better?

use this my new track take hold body, today alone I don over think 2yrs out of life span.. kindly leave a comment pls..
https://audiomack.com/el-raphel/song/hardship-ebi-npa-wa

Ulogwe1:



That's is not true. Some are just hiking it intentionally.

I'm serious, if you buy a product now for 500,go to d market in d afternoon, not d next day o... It would have turned to 550....bro come Abuja come experience dis shit real life

BItt:



We Nigerians are our own problems and not even the government

So the govt r Pakistani abi

slaawomirr:
Damnnn niggar

Though I'm ardent hater of tinubu

But Nigerians are wicked and wants to take advantage of every situations to enrich themselves

And do you know another funny thing

We Nigerians are actually not angry about corruption we are just pretending to be angry because we are not the ones carrying out the corruption
Should I add more? We Nigerians are not angry about the way our government is treating us we are just pretending to be angry because it is not our tribesmen or religion persona in power

That is to say or if we sum it up Nigerians are hypocrites, tribalistic, wicked and fake

Truth be told we need to unite and put our differences aside to achieve a better nigeria...You need to listen to my new track...
https://audiomack.com/el-raphel/song/hardship-ebi-npa-wa

Rickmann:
On my way from work this evening, I stopped at a shop few blocks from my building to buy noodles so I could make something real quick on getting home. I asked for the smallest pack and was told 400 naira. I asked the lady to repeat what she said cos e be like say ear dey pain me and she said again "bros na 400 o" , Omo I just weak.

Looking at the current situation in the country, Will things ever get better?

I read here on this platform when a young lad spent #300k on foodstuffs that even if bought from supermarket won't be more than #100k and she was claiming she bought it #300k. They deliberately inflate figures by themselves. Someone came to my office and I was asking him the price for his iron rods. While discussing, he received a call and the person at the other end told him price of tod has increased. Immediately, he added it to my price. I just told him to leave my office.

Nigerians are wicked. Devilish souls! They take delight in inflicting suffering upon themselves and blame others for their woes

RepoMan007:
That's what happens when a trade is oversaturated. Instead of 100 mega stores selling groceries, 1000 road side stalls are, and everyone wants to make enough to cover their needs. They have to hike prices of goods they sell.
The reasonable thing will be for some of the hands doing retailing to move closer to the wholesale and production part of the whole product life cycle.

Instead of risking going into farming and start making reasonable amount of money, they form a union, regulate prices and continue with their lives. The end users suffer the cost.

This analysis is upside down.
The increased number of shops or businesses engaging in the same trade should drive prices down.

Most probable. Nigerians are wicked people.

Offpoint1:
They are. Once they heard price of dollar has increased, these folks will automatically increase the prices of items. I keep wondering if Naira is Nigeria currency or dollar.

The one I can't fathom till date is garri. No part of garri processing involves dollar, but the price keeps skyrocketing.

When I entered Lagos 2018, a paint rubber of garri was sold N400. How it becomes N2500 today I don't understand.

The garri sellers also buy stuffs from the market, so they'd need to compensate for the high prices of other commodities they buy in the market.

For the retailers hiking prices once the dollar rises, I won't blame them. Because u don't expect them to sell at the previous lower rate they bought those items only to go another time and prices increased, that'd be a loss for them.

My major problem with this is that most of them don't review the prices when the exchange rate declines, just a few are honest about it.

The government should as a matter of urgency set up price control task forces across the federation to go after mischievous retailers and wholesalers, else their efforts in strengthening the Naira will not be felt by the common man.

RepoMan007:
That's what happens when a trade is oversaturated. Instead of 100 mega stores selling groceries, 1000 road side stalls are, and everyone wants to make enough to cover their needs. They have to hike prices of goods they sell.
The reasonable thing will be for some of the hands doing retailing to move closer to the wholesale and production part of the whole product life cycle.

Instead of risking going into farming and start making reasonable amount of money, they form a union, regulate prices and continue with their lives. The end users suffer the cost.

It isn't the retailer that hike these stuffs,na the distributor...
Distributor is the middle man, they get it from manufacturers, sell it to dealers or wholesalers...
U don't blame the retailers cos their profit margin is inconsequential...

Trust Nigerians to extort their country men at any opportunity.

Christmas time when things are cheap worldwide, it's the opposite here.

The other day I worshipped at Winners and due to the rush for cabs after the first service, the cabbies doubled the fare from the amount they took less than two hours earlier.

We have witchcraft mindset!

I bought a package 8500 instead of 6k

Emu4life:
Contrary to popular belief, things especially food are actually cheaper in SuperMarkets (Retail Stores) than traditional open Market traders.

Very true. Has been that way through the ages.

Nigeria is now gold mine for Cameroonian.

YES
YES
YES
YES
YES
YES
YES
YES
YES
YES

slaawomirr:
Damnnn niggar

Though I'm ardent hater of tinubu

But Nigerians are wicked and wants to take advantage of every situations to enrich themselves

And do you know another funny thing

We Nigerians are actually not angry about corruption we are just pretending to be angry because we are not the ones carrying out the corruption
Should I add more? We Nigerians are not angry about the way our government is treating us we are just pretending to be angry because it is not our tribesmen or religion persona in power

That is to say or if we sum it up Nigerians are hypocrites, tribalistic, wicked and fake

Summary of the whole thing

westlius:
People just hike price without consideration of the masses

Would you give them money to restock?

Hezzyluv:
Yes

I saw plenty of sachet water from a woman close to me, I bought #50 own she gave me 2sachets only for me to come back the following day, wanted to buy same water I bought yesterday, she gave me 1sachet for #50.

I said madam, wetin happen? She said pure water don add money! for the same water wey you buy plenty yesterday wey never nearly finish

I just collected it and leave. Told myself instead of me to buy sachet water 50 naira for one, I'd rather buy bottle water.

And almost everyone in my area sells 2 for #50. When she realized that people no longer go to buy from her shop again, she has to adjust to normal price. She saw me yesterday and told me, my pikin water na 2 for #50 now

That's greediness and wickedness at the highest. So sad the exploitation is too much.

BigBelleControl:
There is no scarcity of food in Nigeria because, despite the skyrocketing prices, goods are still available to buy. I just feel Nigerians like to take advantage of bad situations to increase prices.
However, what goes around comes around.

U are right no scarcity of any food, go to market u will see rice in bags, beans,garri and yam full everywhere in on ths street too but to price am and see

That's wot obi want so that Tunibu can be blamed... Abi I lie

As far as d country is concern it can never get better, it's your life and family you should focus on to make it better. My opinion.

BItt:



We Nigerians are our own problems and not even the government

Till now

My mum barely gets up to 200k per year as a salary

Is she part of the we?

Itz affecting her mental health now as she struggles 2 identify her burdens

There are nigerians that av been working like oxens

Eating like ants

are they not deserving of help instead of you including them in your baseless generalizations

Offpoint1:
They are. Once they heard price of dollar has increased, these folks will automatically increase the prices of items. I keep wondering if Naira is Nigeria currency or dollar.

The one I can't fathom till date is garri. No part of garri processing involves dollar, but the price keeps skyrocketing.

When I entered Lagos 2018, a paint rubber of garri was sold N400. How it becomes N2500 today I don't understand.

Good evening, I'm not supporting any form of hike in price of stable food ok but let's look at garri: cost of producing garri have increased in the recent times.

Money is involved in fueling the car that will convey the cassava from the farm to the processing factory or home and processed garri will be transported to the market.

Please how much is fuel? How much is transportation? Bear in mind that most farmers farm from the village and need to pay for transportation, grinding and other expenses such as labour, tax(police checkpoint"s".

They also buys firewood, palm oil etc during production; all these are no sold at the old price ok.

The garri you buy at the markets are produced in large quantities so money for production have increased. My parents hardly buy garri because we have lands that my mum cultivates but we pay for the labourers ok, and it for home use and not for sale, thank you.

I overheard my wife telling one of her retail sellers that $$ price has started to come down, and so prices should follow accordingly, I was shocked when she replied that the price of the $$ should not come down o! cause they are making their money from the fiasco. Nigerians love to believe someone and never themselves are guilty at times like this.

Buhari closed the border, hoping to encourage and make local farmers millionaire. But the same farmers are the ones hording rice

I don't even understand we Nigerians, so quick to increase price of commodities

Someone ones told me how tiles dealer goes to one factory in agbara, ogun state to buy tiles only for them to tell their customers that its imported also saying dollar has increased. Something they bought here in Nigeria.