₦airaland Forum

Yesterday evening, My Neighbour bought a Small bread for N1700 and was so sad.

I thought Reno Omokri says we should Hail Tinubu for bringing down the prices of Good, which Suffered effects of Inflation.🤨🤨

The Only Item I know with Reduced price is Indomie HungryMan size.
From N1000 to N900.😒

Please, Which do you know?😕

Food Libido has come down..men's appetite for s*x has gone down

Is there any?
rather they keep pulling up.

Vinnie2000:
Yesterday evening, My Neighbour bought a Small bread for N1700 and was so sad.

I thought Reno Omokri says we should Hail Tinubu for bringing down the prices of Good, which Suffered effects of Inflation.🤨🤨

The Only Item I know with Reduced price is Indomie HungryMan size.
From N1000 to N900.😒

Please, Which do you know?😕

Nplfmod.
Thanks.

Which kin bread she buy for #1700? Tell us

Biscuit 60 now 50

Paraman:
Which kin bread she buy for #1700? Tell us

Mr Parachoko, it's the Average size.

The one that was sold N1200 or N1000 two months ago.

Price of food isn't just going to drop and this is not about Tinubu.
Naira started dropping like a month ago.

Sellers aggressively stocked up their warehouses when Naira climb to N1700-1800 thinking it will climb further, so wait for sometime, some of these people already have 3months worth of items stocked up and they will always sell at the price they bought

Wainey:
Price of food isn't just going to drop and this is not about Tinubu.
Naira started dropping like a month ago.

Sellers aggressively stocked up their warehouses when Naira climb to N1700-1800 thinking it will climb further, so wait for sometime, some of these people already have 3months worth of items stocked up and they will always sell at the price they bought

Nope it's not about dollar rather it is just the Nigerian factor. When I was telling people the hike in price has nothing to do with dollar some fools were arguing silly like they understood what is at play, oya dollar dey trade about 1200 something oya make price come down na.

Vinnie2000:
Mr Parachoko, it's the Average size.

The one that was sold N1200 or N1000 two months ago.

I'm not Mr parachoko, am paraman.


Which kin bread she buy for 1700, tell nairalanders.

You can't even feed yourself. Everybody knows that 'wholesome' bread loafs have increased in price.

Bread that was Sold for #1,000 is now #1,500. So stop asking foolish questions..

Paraman:
I'm not Mr parachoko, am paraman.


Which kin bread she buy for 1700, tell nairalanders.

So is it the making of the government or the greedy people

nairavsdollars:
Food Libido has come down..men's appetite for s*x has gone down

Where in FCT are u?

Blakjewelry:
Nope it's not about dollar rather it is just the Nigerian factor. When I was telling people the hike in price has nothing to do with dollar some fools were arguing silly like they understood what is at play, oya dollar dey trade about 1200 something oya make price come down na.

Oga e be like u no understand what I am saying.
Those that are importing have already bought things when dollar was N1800, just because dollar dropped doesn't mean they will also drop their price. Wait for few more weeks to 2months when they will buy again at low price.

The Aboki man in ur street stocked up his shop, the warehouse where he is buying his goods also stocked up their warehouse, the Aboki will empty his shop, then still buy from the warehouse, those people will empty their warehouses again before they start importing again at 1200

Wainey:
Oga e be like u no understand what I am saying.
Those that are importing have already bought things when dollar was N1800, just because dollar dropped doesn't mean they will also drop their price. Wait for few more weeks to 2months when they will buy again at low price.

The Aboki man in ur street stocked up his shop, the warehouse where he is buying his goods also stocked up their warehouse, the Aboki will empty his shop, then still buy from the warehouse, those people will empty their warehouses again before they start importing again at 1200

But same warehouses hiked food prices they bought when dollar was 1200 when dollar hit 1800, and blamed the dollar for the increase.

Fkn thieving greedy useless citizens

E pain am..

How can you claim to eat bread and not know that prices have increased everywhere?
All these Tinubu Agbado lowlifes sef

Paraman:
A fraustrated and poor rat like you too dey talk. You no see the way you dey always behave like a mad man on nairaland

They will not come down, let me explain
We are facing a 2 headed hydra,
One is the rising of fuel prices due to the removal of fuel subsidy and the other is Naira depreciation or increase of dollar exchange rate.
The increase of fuel prices is responsible for the rising cost of food items , and dollar to naira exchange rate only affects imported goods.
So the cost of food items will not reduce unless the fuel prices reduces.

@wainey

SUPERPACK:
But same warehouses hiked food prices they bought when dollar was 1200 when dollar hit 1800, and blamed the dollar for the increase.

Obaofpigs:
E apin am..

How can you claim to eat bread and not know that prices have increased everywhere?
All these Tinubu Agbado lowlifes sef

I won't be exchanging words with a lowlife like you

I can afford bread because I eat it. Can you?

Paraman:
I won't be exchanging words with a lowlife like you

Mimee indomie a pack was 7k before bought it 6k

Obaofpigs:
I can afford bread because I eat it. Can you?

k

SUPERPACK:
But same warehouses hiked food prices they bought when dollar was 1200 when dollar hit 1800, and blamed the dollar for the increase.

That is how most humans behave, profit maximization is one thing they always do.

Now most warehouses still have old stock, the ones that bought at 1200 will sell at 1800 with the others. It's an advantage for them.

Also some of these people are in Union like that of motorcycle and kekenapep, that will determine the price of goods, until the union decides to sell at a reasonable price, every dealer will follow the old price irrespective of how much they bought it

Parachoko stop crying foolishly

Paraman:
k

Blakjewelry:
Nope it's not about dollar rather it is just the Nigerian factor. When I was telling people the hike in price has nothing to do with dollar some fools were arguing silly like they understood what is at play, oya dollar dey trade about 1200 something oya make price come down na.

They are not fools, price of goods were okay until Tinubu happened, fuel price jumped all time high, gas too and dollar moved from 700 to 1900 and then dropped to 1300+ and you expect price of goods to return to normal? Prices are going down, I restocked two days ago and yesterday, shop and house respectively and prices of goods are dropping.

Paraman:
I'm not Mr parachoko, am paraman.


Which kin bread she buy for 1700, tell nairalanders.

Stop Arguing RUBBISH.

Even ShopRite's AVERAGE size bread is N1700.😒

I will post the picx for you soon.
The Oriental item u see is the Bread I am talking about.

They are increasing despite dollar coming down

Vinnie2000:
Yesterday evening, My Neighbour bought a Small bread for N1700 and was so sad.

I thought Reno Omokri says we should Hail Tinubu for bringing down the prices of Good, which Suffered effects of Inflation.🤨🤨

The Only Item I know with Reduced price is Indomie HungryMan size.
From N1000 to N900.😒

Please, Which do you know?😕

Nplfmod.
Thanks.

Grass cutter

Benwallt:
Grass cutter

Lolss.

See Craze.

What was the Price B4 and what's the price now?☹️

I know you are just Clowning Sha. 😄

Vinnie2000:
Lolss.

See Craze.

What was the Price B4 and what's the price now?☹️

I know you are just Clowning Sha. 😄

Thank God you know. Happy Easter

Wainey:
Oga e be like u no understand what I am saying.
Those that are importing have already bought things when dollar was N1800, just because dollar dropped doesn't mean they will also drop their price. Wait for few more weeks to 2months when they will buy again at low price.

The Aboki man in ur street stocked up his shop, the warehouse where he is buying his goods also stocked up their warehouse, the Aboki will empty his shop, then still buy from the warehouse, those people will empty their warehouses again before they start importing again at 1200

It's still about Nigerian factor. When dollar went up, everyone adjusted their prices despite having the stock in hand. Then, they were referencing cost of restocking. Now that costs of restocking have come down, why aren't they adjusting their prices accordingly?

I also believe market associations are concerning too, dictating and enforcing prices, rather than allowing demand and supply do their thing