₦airaland Forum

Afamed:
That was what your brothers at Ochanja market was telling me just yesterday.
They blame Tinubu just to extort innocent people.
Most of you in your markets are not happy, the $ is coming down.
You all wanted $ to be N4000 , so you can continue to blame Tinubu and continue to extort innocent people.

Na only Una dey pay for custom duties?
What your brother wanted to sell for me N78k is sold in Lagos N55k.
Una to greedy for that side

Quick money syndrome, Una too like am.
The keke from Nsukka to Obolor Afor, I took just around Feb, ran out of fuel.
He needed to buy just a litre along the road before he got to another filling station, which is less than 2 klm.

The road sellers black market were not ready to sell below N1500. For a liter of fuel.
Una to like exploitation for that side

predictor1:
You just read it up. Thank you for that at least. But profiteering happens everywhere it's allowed, not necessarily war zones.

You don't know the meaning of profiteering.
Let's leave that aside for now. Things cost money like you keep repeating but then when you do profit gouging all because things cost money, that's ripping hapless people off and it's all shades of wrong.That's too common in poverty stricken places such as Africa. We are just too uncaring. Why do you think Africa is the way it is?

It's not just the stupid leaders, it's you and me as well. My landlady who had a shop in front of the house sold me a congo of rice. It was #500 at the time. I went inside the house to get money for her. I came out in less than 5 minutes. She told me the price was no longer #500 but #600 because someone just told her price of rice had gone up.

That's what the op is telling you people. There's something about Nigerians and morality I don't get. And when you complain they'll tell you to also go and open a shop and start selling stuff too. That's always their last resort like you and another person told the OP.

ccollins:
keep quiet . Seems u love the economic hazards that Nigerians has faced unfortunately before but let me remind you that inflation has reduced, the naira has appreciated manifestly and there are signs that prices of goods are coming down well. How can you be unconscionable to support high inflation in a country instead of economic stability. U eagerly want people not to afford good things of life and that they should struggle because of inflation. See the price disparity between trade Fair market dealers and the local retailers around you and u are here trying to justify why commodities should be more expensive to what end? For your selfish reasons or to make most Nigerians not to be able to afford necessary basic commodities for themselves and their familiies.
How can retailers be changing prices like 3-4 times or more in the space of 2 months.thats abnormal. There is no famine and yet some retailers skyrocket their prices.they are truly greedy and it's either you are a member of Lagos chamber of commerce and industry or u are a typical business man retailer who just wants to make all gains from selling market.dollar is going down now so stop your selfish stories and defense. Prices of goods must come down.the federal competition and consumer protection commission would soon visit Lagos to stop this anomaly.

Elinosweet143:
Retailers are not trying at all, their own is too much imagine buying indomie for 10k with 40 peices inside and reselling it for 250 to 300 naira each, abi buying a dozen of 50naira biscuits for 600 and reselling each for 70 naira do the math and see the height of their greed and wickedness and this is to mention just a few oh the list os endless

Pecoleee345:
People are wicked in this country.

Greed will finish us in this country.

Go to trade fare and see how street retailers are ripping us off big time.

My wife bought her body cream CT+ at the rate 2100 at trade fare yesterday while in our area retailers are selling it for 3700.

Kk brothers soap my wife bought the pack for 7k(6pieces) while one is sold for 1700 by retailers.

Her sanitary pad she bought 1 pack at the rate of 1050 while retailers sell for 1700.

Even strike bitters sachet pack(20 pieces) wey I dey always use console myself i buy for 2000 she got it for 1450.

Note she didn't even buy at carton price but at pack price because if she was buying in carton the price would be lower that than.


Just yesterday I bought a derica of rice on my way back home for 900 around oshodi terminal while the seller in my street is still selling for 1300 despite price of bag of rice coming down.

We are own problem.......everyone is wicked in this country.

jumper524:
with pains my dad had to increase his house rent from #150k to #250k.
well I don't regret, most of his tenants are business men who inflate price so in the end the suffering goes round.
just that we are creating more criminals for the unemployed.

nairalanda1:
What is happening in Nigeria, everyone is suffering. Everyone needs money

So the people who sell rice.need to also raise money.

Part of life

Pecoleee345:
See one them......wicked humans

Those selling in trade fare are aliens?? They are not suffering hardship??

How can you buy something for 2100 and want to sell for 3700??

We buying are plucking money from trees

Pecoleee345:
See one them......wicked humans

Those selling in trade fare are aliens?? They are not suffering hardship??

How can you buy something for 2100 and want to sell for 3700??

We buying are plucking money from trees

tete7000:
In as much as I am not putting up excuses for the retailer, I suggest you too set up a retail shop and force the price down rather down wailing here on nairaland which won't change anything. We all complain too much in this country without taking any concrete action.

Pecoleee345:
People are wicked in this country.

Greed will finish us in this country.

Go to trade fare and see how street retailers are ripping us off big time.

My wife bought her body cream CT+ at the rate 2100 at trade fare yesterday while in our area retailers are selling it for 3700.

Kk brothers soap my wife bought the pack for 7k(6pieces) while one is sold for 1700 by retailers.

Her sanitary pad she bought 1 pack at the rate of 1050 while retailers sell for 1700.

Even strike bitters sachet pack(20 pieces) wey I dey always use console myself i buy for 2000 she got it for 1450.

Note she didn't even buy at carton price but at pack price because if she was buying in carton the price would be lower that than.


Just yesterday I bought a derica of rice on my way back home for 900 around oshodi terminal while the seller in my street is still selling for 1300 despite price of bag of rice coming down.

We are own problem.......everyone is wicked in this country.

Pecoleee345:
People are wicked in this country.

Greed will finish us in this country.

Go to trade fare and see how street retailers are ripping us off big time.

My wife bought her body cream CT+ at the rate 2100 at trade fare yesterday while in our area retailers are selling it for 3700.

Kk brothers soap my wife bought the pack for 7k(6pieces) while one is sold for 1700 by retailers.

Her sanitary pad she bought 1 pack at the rate of 1050 while retailers sell for 1700.

Even strike bitters sachet pack(20 pieces) wey I dey always use console myself i buy for 2000 she got it for 1450.

Note she didn't even buy at carton price but at pack price because if she was buying in carton the price would be lower that than.


Just yesterday I bought a derica of rice on my way back home for 900 around oshodi terminal while the seller in my street is still selling for 1300 despite price of bag of rice coming down.

We are own problem.......everyone is wicked in this country.

SalamRushdie:
So the goods will fly magically from trade fair to your house? Add you wife's transport to and fro , her refreshments at trade Fair and then you will will understand

SalamRushdie:
When a shop owners takes cartons of that cream to your area from trade fair,
They pay transport

They pay tradefair dues

They pay those that load it

They pay policemen on the road

They pay local govt Agbero

They pay staff in their shop

They pay for deisel for generator

They pay rent and rent is expensive in that your area than trade fair

Oga the price cant be the same

ManirBK:
my friend how far longtime no fight

Pecoleee345:
People are wicked in this country.

Greed will finish us in this country.

Go to trade fare and see how street retailers are ripping us off big time.

My wife bought her body cream CT+ at the rate 2100 at trade fare yesterday while in our area retailers are selling it for 3700.

Kk brothers soap my wife bought the pack for 7k(6pieces) while one is sold for 1700 by retailers.

Her sanitary pad she bought 1 pack at the rate of 1050 while retailers sell for 1700.

Even strike bitters sachet pack(20 pieces) wey I dey always use console myself i buy for 2000 she got it for 1450.

Note she didn't even buy at carton price but at pack price because if she was buying in carton the price would be lower that than.


Just yesterday I bought a derica of rice on my way back home for 900 around oshodi terminal while the seller in my street is still selling for 1300 despite price of bag of rice coming down.

We are own problem.......everyone is wicked in this country.

harjay1986:
Thats where you get it wrong as an household i may want to get just pieces that will last me few week and once I see that the different is high then I will change my buying pattern to carton which will save me much

Now com down to retailer If I buy let say bathing soap 3 pack and each is around 1000 from where I buy from, I can sell for 1200 or 1300, making 200h or 300h, yes you may say the profit is low but mind you thats is 20% or 30% gain from my 1000 naira on each soap, doing this will make my sales cheap and improve my turnover, but if am now of a taught that I want 100% gain on every 1000 naira my sales will drop

Okay, something happen of recent, we do buy Garri Paint bucket around 2k suddenly it turn to 4k, me and my wife decide to buy raw cassava and process it into garri, we buy two sack that's 10k after everything we get 6 paint bucket of Garri, thats around 24k in price we have save on that,

As a retailer forget the saying that if you add transport fare to it ... let that statement stay with you, that market you think you know that has turn to your own Job many of them know the same place. The moment you think you are doing your customer favor and they go outside to confirm a lower price you loose such customer even if you reduce the price more than what they get outside

Bullfallo:
Most trade fair are items that’s about to expire .

Things will not come down like that oh because landlord have increase rent and schools increases school fees. Those once will never bring it down again. So blame tinubu for insensitive actions towards messing up the economy

Pecoleee345:
People are wicked in this country.

Greed will finish us in this country.

Go to trade fare and see how street retailers are ripping us off big time.

My wife bought her body cream CT+ at the rate 2100 at trade fare yesterday while in our area retailers are selling it for 3700.

Transportation to the shop...?
Na so d country be.
In CALABAR here okro is just 4 pieces for 100 naira. Not am imported goods oooo

Kk brothers soap my wife bought the pack for 7k(6pieces) while one is sold for 1700 by retailers.

Her sanitary pad she bought 1 pack at the rate of 1050 while retailers sell for 1700.

Even strike bitters sachet pack(20 pieces) wey I dey always use console myself i buy for 2000 she got it for 1450.

Note she didn't even buy at carton price but at pack price because if she was buying in carton the price would be lower that than.


Just yesterday I bought a derica of rice on my way back home for 900 around oshodi terminal while the seller in my street is still selling for 1300 despite price of bag of rice coming down.

We are own problem.......everyone is wicked in this country.

maasoap:
If dem no buy from trade fair, dem no get where dem dey buy from? Or, no be from the manufacturers/companies all the goods come from? May be those selling at the trade fair steal am

maasoap:
Too many rippers on this forum



Sellers are ripping you off and all you want to do is to work more and make more money to dash them? Wonderful! Our fellow Nairalanders with their unique solutions to problems .

Pecoleee345:
People are wicked in this country.

Greed will finish us in this country.

Go to trade fare and see how street retailers are ripping us off big time.

My wife bought her body cream CT+ at the rate 2100 at trade fare yesterday while in our area retailers are selling it for 3700.

Kk brothers soap my wife bought the pack for 7k(6pieces) while one is sold for 1700 by retailers.

Her sanitary pad she bought 1 pack at the rate of 1050 while retailers sell for 1700.

Even strike bitters sachet pack(20 pieces) wey I dey always use console myself i buy for 2000 she got it for 1450.

Note she didn't even buy at carton price but at pack price because if she was buying in carton the price would be lower that than.


Just yesterday I bought a derica of rice on my way back home for 900 around oshodi terminal while the seller in my street is still selling for 1300 despite price of bag of rice coming down.

We are own problem.......everyone is wicked in this country.