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

Seller 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

So After the 3months when they have Finished selling the Items Stocked in their Shops,

Are you sure Prices will come down?😏😕

Vinnie2000:


So After the 3months when they have Finished selling the Items Stocked in their Shops,

Are you sure Prices will come down?😏😕

I hope so
You know Nigerians na, price of things fit no come down until govt vex and begin to regulate price just like they did in cement.

If Nigerians are honest, it won't be up to three months sef

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

..now it is the " greedy people" because you are tinubulating..

..but it was Jonathan & not the greedy people during his time abi..

You are very intelligent..

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

It might be in a different state from you.
I buy bread 800gr loaf in Lagos almost every day for 1100/1200.
I still bought yesterday sef.
Maybe it's in the East or South

OlujobaSamuel:

It might be in a different state from you.
I buy bread 800gr loaf in Lagos almost every day for 1100/1200.
I still bought yesterday sef.
Maybe it's in the East or South

I also bought a 900gram fresh and hot loaf of bread for #1100 yesterday. And you're right sha, location, type of bread and brand matters

Vinnie2000:


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.

My thoughts exactly, it's the South.
Bread(850gr) is 1100/1200 here in Lagos, so reason why the guy was doubtful.
Only few places sells for 1400
I've not seen 1500

Everytime I go out to buy my baby stuff the price must increase. Bought NaN 5,700 last 2 weeks, went back last week to buy it at 6,800.

Cerealac @ 3,200, but now 4,000. Diapers jumbo size @ 6,800, now 8,000.

Let's see what happens from this new week since there's a significant naira gain this period.

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

While this should be the norm, which I agree with 100%, however some sellers are and were intentionally raising the prices or kept it high.
I had 2 experiences, one when the dollar was high and another just yesterday.
When dollar to naira was high, I went to a pharmacy to get antimalarial drug, which was supposed to be 1,300, the pharmacy said its 1,500, I couldn't argue with him cos of the urgency so I paid.
I had need for another one and decided that I would not buy from there but went further ahead, on getting there that one said 1,800 I was like who send me, I should have bought from 1,500 own, I couldn't even tell the pharmacy guy that it's actually 1,300, I immediately told him its 1,500, he said it has increased I said how, when, he said few weeks ago, I said habaaa, that it's 1,500 and I was about leaving he said I should come and pay 1,500... he actually intentionally increased it from 1,300 to 1,800, but cos I needed it I had to pay 1,500 again. After like 2 days, i went to my normal pharmacy where I now got for 1,300 as backup incase of next time.

Just yesterday I went to a small supermarket to get bread, a lady was standing in for the lady thats always there so she seems not to kmow prices of some items, a man came there to buy detergent which he claims to be 250 before now and that it shouldn't exceed 300, a woman who was there who probably has her own shop too said its 400, they were dragging it, so the lady tried putting a call across to the owner of the shop but couldn't, the owner of the shop's younger brother came there and said its 300, the woman couldn't say pim, I was like na these kind women dem dey cause problem for people......so some of these price increase is kind of artificial

That’s right.

The few times I’ve challenged the sales people, they reduced the price.

It’s a game. See how much you can make by making arbitrary price increases.

It can’t last forever

Inspirer1:

While this should be the norm, which I agree with 100%, however some sellers are and were intentionally raising the prices or kept it high.
I had 2 experiences, one when the dollar was high and another just yesterday.
When dollar to naira was high, I went to a pharmacy to get antimalarial drug, which was supposed to be 1,300, the pharmacy said its 1,500, I couldn't argue with him cos of the urgency so I paid.
I had need for another one and decided that I would not buy from there but went further ahead, on getting there that one said 1,800 I was like who send me, I should have bought from 1,500 own, I couldn't even tell the pharmacy guy that it's actually 1,300, I immediately told him its 1,500, he said it has increased I said how, when, he said few weeks ago, I said habaaa, that it's 1,500 and I was about leaving he said I should come and pay 1,500... he actually intentionally increased it from 1,300 to 1,800, but cos I needed it I had to pay 1,500 again. After like 2 days, i went to my normal pharmacy where I now got for 1,300 as backup incase of next time.

Just yesterday I went to a small supermarket to get bread, a lady was standing in for the lady thats always there so she seems not to kmow prices of some items, a man came there to buy detergent which he claims to be 250 before now and that it shouldn't exceed 300, a woman who was there who probably has her own shop too said its 400, they were dragging it, so the lady tried putting a call across to the owner of the shop but couldn't, the owner of the shop's younger brother came there and said its 300, the woman couldn't say pim, I was like na these kind women dem dey cause problem for people......so some of these price increase is kind of artificial

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.

It doesn't work that way

Inspirer1:

While this should be the norm, which I agree with 100%, however some sellers are and were intentionally raising the prices or kept it high.
I had 2 experiences, one when the dollar was high and another just yesterday.
When dollar to naira was high, I went to a pharmacy to get antimalarial drug, which was supposed to be 1,300, the pharmacy said its 1,500, I couldn't argue with him cos of the urgency so I paid.

Please go to a hospital and stop abusing drugs

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 tire. Imagine asking which bread is selling for 1700. All these beans and agidi people

condensedmilk:


Please go to a hospital and stop abusing drugs

Lolss.

Person can't cut Cost again?

condensedmilk:


Please go to a hospital and stop abusing drugs

Okay, thank you.
1. Like hospitals don't write drugs for people to go and buy at the pharmacy.
2. The drugs were meant for different people perhaps you thought it was used by same person, no one will use same antimalarial drugs just immediately after completing one.
3. Why license pharmacy if we shouldn't get drugs from them.

Nigerians are the problem. Name one item in Nigeria that the price has ever come back down after an increament.

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

It is both... but government is the main corporate.

Some traders raise prices after judging customer's appearance, while some sales boys/girls add something to pocket later... If you like wear rag to the store, if you look healthy, they will give you rich man price (because it takes a lot of money to eat until your body is fresh).

Today I bought coke 300 when it has been selling for 350 for over a month and some places have been selling it for 400... It did NOT come down in price, that particular store owner hasn't gotten the info that coke is 400 in town.

YoungBlackRico:
Nigerians are the problem. Name one item in Nigeria that the price has ever come back down after an increament.

Indomie instant noodles and only due to boycott (people figured out it was cheaper to buy proper food).

Long ago I lamented that if I could boycott our traders, i would, but I can't do without some essentials.

The tip is patronize people that start new and don't have customers (or those hawking under the sun). Even the smallest stores are millionaires, they can afford to play price games (but the other guys, are hungry for customers).

Indomie I use to eat every lunch hour last year, this is march going to April 2024, I've not eaten it. I will continue not to eat any food that will put hole in my pocket. Even beer self I no gree drink.

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

But it can just go Up right?
if dollar goes to 1500 today in 2 days time price of goods will increase

nedu666:


I tire. Imagine asking which bread is selling for 1700. All these beans and agidi people

Milk bread I use to buy in Port Harcourt last year was 1300, as we speak it's 1800. Don't argue with that guy he's probably eating mama thank you at his parents house.

YoungBlackRico:
Nigerians are the problem. Name one item in Nigeria that the price has ever come back down after an increament.

During the time of Abacha and Obasanjo, the price of Fuel and Kerosine can go up and come down Later.

Martinsmine:
Biscuit 60 now 50

The Biscuit no get name ? We need to verify.

Googledotcom:
The Biscuit no get name ? We need to verify.

Maybe it's Small Cabin biscuits. 😕😒

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

5.5k sef

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

Exactly ! Men no dey get erection unlike before..

On my way from church today, drove to get Freshly baked bread from Shopright as usual, but this time around, one sold for ₦1499 compared to the last time I bought for ₦1399 (within a month difference).

Dollar is going down on paper but price of commodities rising.

What kind of economics is this?

OlujobaSamuel:

It might be in a different state from you.
I buy bread 800gr loaf in Lagos almost every day for 1100/1200.
I still bought yesterday sef.
Maybe it's in the East or South

Same Lagos I bought 1950 at Food Nation sliced and 1500 unsliced?


See how quick he mentioned East or South.

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.

We get that food prices are generally Over high But no where does a small loaf of bread goes for 1,700.

Things are worst no need add lies

Xtopherprince:



Same Lagos I bought 1950 at Food Nation sliced and 1500 unsliced?


See how quick he mentioned East or South.

Una too dey vex for this country, everything isn't about fight.
I actually mentioned the region in good faith.
At least, every two days, I buy 3loafs of bread at different malls in Lagos depending on proximity when I'm going home at night, and I stated the price, it doesn't mean I don't believe someone else that got it for higher amount.

I was made to pay a whooping sum of 700 naira for a tin of 3 crown evaporated milk. I couldn't belief myself.

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

dey play!

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


Which kin bread she buy for 1700, tell nairalanders.

Mr. Paramecium, average sized bread is #1800 in Benin here!

Should I name other hiked items for u since ur balablu mounted an hijacked podium?
ehn Mr. Paramental!

No provoke me oo!