1 Cup Of Beans Is Now N500 In My Area - Food (2) - Nairaland
Nairaland Forum › Nairaland General › Food › 1 Cup Of Beans Is Now N500 In My Area (5529 Views)
| Re: 1 Cup Of Beans Is Now N500 In My Area by Bobloco: 9:38pm On Jun 11, 2024 |
Yujin:
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| Re: 1 Cup Of Beans Is Now N500 In My Area by SpecialAdviser(m): 9:43pm On Jun 11, 2024 |
MightySparrow:Oga start the business and sell cheaper. This is a capitalist economy. Stop blaming innocent traders |
| Re: 1 Cup Of Beans Is Now N500 In My Area by blacknp(m): 10:14pm On Jun 11, 2024 |
Bintabisiriyu2:Lazy Things will blame Tinubu for their own laziness, make President come plant beans for lazy beans stocks to come and wack cheap ewa? |
| Re: 1 Cup Of Beans Is Now N500 In My Area by blacknp(m): 10:15pm On Jun 11, 2024 |
drmuchin:Very funny, why you just dey abuse that your family member like that, na so e vex u? |
| Re: 1 Cup Of Beans Is Now N500 In My Area by MightySparrow: 10:28pm On Jun 11, 2024 |
SpecialAdviser:Is that the reason a commodity is changing prices sporadically and they are blaming government? |
| Re: 1 Cup Of Beans Is Now N500 In My Area by nonhuman(m): 10:29pm On Jun 11, 2024 |
StarRiderr:were they not warned that this would happen, it to late to cry bro, infact it was obvious only a fool would say he doesn't know that we would facethis problem if tinubu wins |
| Re: 1 Cup Of Beans Is Now N500 In My Area by MightySparrow: 10:30pm On Jun 11, 2024 |
Bobloco:Is Tinubu the one fixing the prices? |
| Re: 1 Cup Of Beans Is Now N500 In My Area by MightySparrow: 10:31pm On Jun 11, 2024 |
BossGerald:Why blaming government? |
| Re: 1 Cup Of Beans Is Now N500 In My Area by Madups(m): 10:38pm On Jun 11, 2024 |
Make una ask for the OT sofisticated first class citizens dey buy one cup 2h. See na true i dey yarn.. Una no know say na ewa agoin be their favourite delicacy again? |
| Re: 1 Cup Of Beans Is Now N500 In My Area by jumper524(m): 1:06am On Jun 12, 2024 |
Its 900 in my area. Na like this yahoo boys take hike price of cloth till e hook everybody. Make we dey enjoy the lie dey go with inflated pricing. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by jumper524(m): 1:09am On Jun 12, 2024 |
MightySparrow:there's this habit amongst Nigerians which has spread across the country as marketers are now taking advantage. Yahoo boys would buy jeans 10k and start claiming 45k . Now the jeans is officially expensive and nobody is hiking. The pain of even buying original jeans for 30k is alarming already. Sadly the trend has moved to food stuffs. Beans sells for 2,500 pee modi yet this one say one cup is 500. But we all know 10 cup per modu. Make them dey lie dey go. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by 1000Capacity: 1:22am On Jun 12, 2024 |
jumper524:Beans Is not 2500 anymore o. I went to buy yesterday, I couldn't afford it |
| Re: 1 Cup Of Beans Is Now N500 In My Area by MightySparrow: 2:32am On Jun 12, 2024 |
jumper524:You are right |
| Re: 1 Cup Of Beans Is Now N500 In My Area by Bobloco: 4:05am On Jun 12, 2024 |
MightySparrow:Tinubu's calamitous economic policies are responsible. By thoughtlessly removing subsidies on fuel, the pump price of PMS moved from N185 per liter to over N800 per liter. Naturally, such an increase of over 400% will negatively impact the cost of transportation and energy. By thoughtlessly floating the naira, which made the naira exchange for over N1500 to a dollar from N465 to a dollar where Buhari left it, And so many other thoughtless policies, like the increase in electricity tariffs, etc. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by Adaisback(f): 4:08am On Jun 12, 2024 |
Roger3D:he is right but not milk cup, I think they call it cigar cup |
| Re: 1 Cup Of Beans Is Now N500 In My Area by mrvitalis(m): 4:38am On Jun 12, 2024 |
Minime10:Where Nigerians not wicked when beans sold for 150 a cup? Madam if you think u can sale beans for cheaper congrats u have seen a smart business Only people who haven't done business before say this rubbish You think a business can just increase price? |
| Re: 1 Cup Of Beans Is Now N500 In My Area by press9jatv(m): 5:14am On Jun 12, 2024 |
Ejehkob:it will increase more, we are in the economic recession |
| Re: 1 Cup Of Beans Is Now N500 In My Area by ResidentSnitch(f): 5:41am On Jun 12, 2024 |
[quote author=MightySparrow post=130424315] |
| Re: 1 Cup Of Beans Is Now N500 In My Area by ResidentSnitch(f): 5:44am On Jun 12, 2024 |
MightySparrow:You? No be you again? You go twist, dribble, wriggle and even foam in the mouth just to avoid blaming the Batman yet you still reek of raw pov*erty. Continue. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by MightySparrow: 5:44am On Jun 12, 2024 |
Bobloco:I hope you really understand the reason for the removal. Buhari was going to leave office, May ending, he made provision in the budget till June ending. Why? Secondly, government paid subsidy, up north, filling stations would not have fuel, black markets would. The fuel would be sold to black marketers at night. Later Jonathan introduced NNPC stations to curb the anomaly. Have you thought of it? Subsidy was paid, the government recommended pump prices not followed. The sellers take extra money from masses, take subsidy from government. It is better they take from one side alone: masses. The same thing is happening now in the price of commodities. Things are not as bad as what we make it. I have said it again and again, Nigeria does not have genuine problems. All our problems are man made. I agree the timing for the subsidy removal was wrong, but it has to go! I think this government is making sense. The former was printing money to run government. Government is run by productivity. Not money printing. It is against national economic principles of any nation. How do you see it? A nation of our size and resources cannot feed ourselves. With expanse of cultivateable lands All over the nation with adequate rainfall, we are still hungry. We import toothpick from India, matches from China. I once read that there was a packaged egusi soup from India, haba!. We have to start on the right track anyhow. Many of you people believe that Obi who have done better, maybe. But Nigerian's problems are not economy but what is not the economy to work. The system needs overhauling. How can we have four refineries and none is working? They were once working. Itape iron producing industry, not working. Obasanjo claimed to have left 20 aircrafts in 1979, twenty years later, he returned to the same office twenty years later,no aircrafts, no refineries. All gone. This time may be hard. I feel it myself. If it is regional government that this regime can achieve so that regionally, we hold our destinies in our hands, fine. You and I should support to wrest our destinies from the hands of born - to -ruin people from the prodigal section. Economy will reset itself. The carelessness and carefree attitude in the section that ruined Nigeria for most times produced bandits, herdsmen, Boko Haram, corruption of heaven - daring magnitude. Tinubu's policies, like Obasanjo will work. When Obasanjo took over, things were this bad. Really bad. His reforms produced a succour. Obi or Tinubu, none is better than the other. Nigeria is a crazy state, madness would be an added advantage to run it. I believe Tinubu is on course. Whatever being the outcome of his tenure. If it leads to national protests, revolution, separation. Anything that will make Nigeria good is welcome. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by Bobloco: 5:56am On Jun 12, 2024 |
MightySparrow:I understand your point. But don't make it look like Nigeria would have collapsed if subsidies on fuel weren't removed. If Buhari were still president, the price of fuel wouldn't have been as high as it is at the moment, and the cost of goods and services wouldn't be this high either, including the inflation rate, exchange rate, etc. Tinubu's cluelessness and incompetence brought this upon us, and I don't believe that any other president would have been worse. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by MightySparrow: 6:00am On Jun 12, 2024 |
ResidentSnitch:Look at my analysis. In the same street, three prices. The highest minus the lowest has ₦80 Naira difference. From which markets do these retailers get their wares?.I live in Benin. Benin to Lagos ₦10,000, ₦15,000 down the same road about one metre ₦5,000. You want to tell me that all these transporters don't make gains? All commercial vehicles! See, I don't think things are as bad as we make it. It is like a patient with malaria asked to pay money equivalent to that of heart surgery! Let Nigerians themselves be honest. We are not. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by MightySparrow: 6:01am On Jun 12, 2024*. Modified: 6:22am On Jun 12, 2024 |
Bobloco:I like your point. Different people with different approaches to issues. My own take is that let us deal with the root cause. Let assume this problem will be shortlived as the president promised. Another incompetent fellow from the other side will take us several steps backwards for another eight years. This swing in leadership styles is the real problem. If Tinubu bad followed Obasanjo or jonathan, things would be different. See the continuity in Lagos. Lagos since Tinubu. Imagine the north alone ruling, Imagine the south alone ruling? Imagine the regions ruling. We can see the achievements and healthy competition in the time of regional government. We have only political problems not economic. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by SpecialAdviser(m): 6:10am On Jun 12, 2024 |
MightySparrow:Yes. This is not the only government we have had. Your comment shows you have zero knowledge of economics. Why are companies parking up and leaving Nigeria? The seller also expect to get his transport back home, his money for buying food, pay bills and other commodities from the business. You think doing business is easy? Why are some shops closing down? This is a capitalist economy dear. Don't ever blame traders. Except for some trade unions fixing prices which do not even influence street traders. As a buyer you have multiple options where to buy from. Those traders are not the product manufacturers. The people selling cheap are simply selling old stocks. That is why when you go back, their prices will change after some time. In this hyper inflation era, my advice is that you price many locations before buying. Some traders who lack latest information will mistakenly give you at a cheaper price. That is why you cannot succeed on that with those Igbo traders. They are always making calls. And that is why they are more successful in the business. When you do business you will understand why some shops close down all of a sudden especially in a hyper inflation era like this. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by WakeUpNigerians: 6:10am On Jun 12, 2024 |
MightySparrow:You mean you type these lies to defend Tinubu! Your problem is follow-come! |
| Re: 1 Cup Of Beans Is Now N500 In My Area by MightySparrow: 6:26am On Jun 12, 2024 |
WakeUpNigerians:Which lies? I don't know how old you are. I was working with school certificate during Buhari - Idiagbon regime. I have witnessed all sorts of leaders in the short time I have lived. So what are you saying? |
| Re: 1 Cup Of Beans Is Now N500 In My Area by MightySparrow: 6:56am On Jun 12, 2024 |
SpecialAdviser:Your knowledge of economics is super . How many companies have left Nigeria before 2023? What drove them away? Tinubu's one year drive Unilever, Michelin, Berec Battery, Cardbury, Shell etc. Tinubu one year sends farmers away from their farms, established banditry, Boko Haram etc. Abeg, wẹ must look inwards and solve our problems. Why do we need to bring rice from China? Even our own ofada rice with pebbles was more expensive than imported polished rice. . We need a home grown economy. Imagine having twenty refineries in Nigeria. Government and private owned. See my own ignorance of economics. You dug oil from the wells at cost C1, transport the same abroad at a cost C2, refine it at a cost C3, transport it back to Nigeria at a cost C4, sold to masses at a cost C5. So at the outlet. C5 +profit5)= (cost1 + profit1) + (cost2 profit1) + (cost3 + profit3) + (cost 4 +profit4). I am an engineer by training and know nothing about economics. ![]() But profit 5 at the final outlet would be P5 = P1 + P2 + P3 + P4. This is why I am in support of Tinubu's policy and Buhari ban on importation of rice and frozen foods. If we cannot feed ourselves, let us prepare to die of hunger. If we cannot refine our fuel as an oil producing nation, let us go back to be using ode eshi, horses, donkeys, camels. If we cannot produce our own vehicles, with the thousands of engineering graduates produced every year let us all face the music. From my post, you can guess my position on this matter. Tinubu is a whip from God to teach us sense. Ebi a kọ were lógbón. If you don't understand, ask the fellow below ![]() |
| Re: 1 Cup Of Beans Is Now N500 In My Area by Treasure17(m): 7:16am On Jun 12, 2024 |
Anguldi:Don't come. We are trying to decongest Lagos self. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by press9jatv(m): 7:29am On Jun 12, 2024 |
MightySparrow:when the LG that food is been produced isn’t working, forget it Nigeria is gone. The governors are part of major problems in Nigeria 🇳🇬. Too much power on them. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by omoharry(f): 7:31am On Jun 12, 2024 |
Welcome to Agbado government |
| Re: 1 Cup Of Beans Is Now N500 In My Area by MightySparrow: 7:35am On Jun 12, 2024 |
press9jatv:You get it my brother. See the case which CJ takes to the Supreme Court that is, FG vs State government on allocation disbursement. It is a smart move. If the thing is routed through the legislative houses, it will never see the light of the day. This is the government we need for now. A little madness, added advantage to put Nigeria straight. |
| Re: 1 Cup Of Beans Is Now N500 In My Area by Villa12(m): 7:35am On Jun 12, 2024 |
Roger3D:it is #400 in my area |
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