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What Are The Prices Of These Commodities Today? - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessWhat Are The Prices Of These Commodities Today? (16772 Views)

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Re: What Are The Prices Of These Commodities Today? by EmekaBlue(m): 10:10am On Oct 15, 2024
Fuckyoumod:
can you imagine? We dey talk about necessities for survival, this one dey talk about kidney and liver destroyers.
Root extract. Body immunity Booster.For we who Drink it responsibly
Re: What Are The Prices Of These Commodities Today? by Exceed15: 10:11am On Oct 15, 2024
I wished we can be taken back to the so called corrupt days ofPDP where PMS was less than N100.... APC is the original GBAJUE.
Re: What Are The Prices Of These Commodities Today? by miiraaj: 10:13am On Oct 15, 2024
nairalanda1:
The more you run an economy based on oil , the more issues and problems it begats.

Oil is a curse.
Golf countries like Saudi Arabia, Qatar etc will disagree with you.
Re: What Are The Prices Of These Commodities Today? by anonimi: 10:13am On Oct 15, 2024
nairalanda1:
End result of voting in leaders and allowing our leaders to run an economy based on oil and oil alone.

When oil crashed in 2014 , that should have been the chance to run some sane economics.

Apc had a chance to change the paradigm. They failed.Instead they borrowed to keep the facade up. Even the changes they are making now are because there isn't enough money to hide the cracks.

Anyway, we shall see. Right now, the mess is too great..
Are you unaware of how Jonathan and PDP free market economy ensured we had a growing GDP in 2014, with better projections for 2015 despite the falling oil price? The first time that happened in our history.

Are you truly unaware huh

FG, States, LGs Share N568.4 Billion for Oct
15 NOVEMBER 2013

Also, $1billion was proposed for distribution to complement shortfall in expected revenue." The $1billion is a compromise by the FG over its words in September not to augment shortfalls anymore.

Responding to the presentation, the chairman of the States Commissioners of Finance and Ebonyi State Commissioner of Finance, Mr Timothy Odaah, lamented that the statutory allocation was getting smaller and smaller. "It appears this is the worst in terms of returns. This is the least in allocations as far as this year is concerned. We are mourning the dearth of funds and this is a wakeup call for states and local governments to buoy up their internally generated revenue."

While appreciating the "magnanimity" of President Goodluck Jonathan to approve the $1billion from the excess crude account and to be shared among the federal, state and local governments, Odaah expressed disappointment with the returns made by the NNPC.

He said that the states had requested for $2bn to complement for the shortfall in revenue but got only $1billion. In September, Odaah and fellow commissioners had walked out of the Accountant General of the Federation (AGF) when the federal government said that the framework of the 2013 budget was no longer realistic and it won't augment shortfall in revenue. Odaah raised issues with the statutory allocations of previous months.

More from: http://allafrica.com/stories/201311150323.html
Re: What Are The Prices Of These Commodities Today? by Shaketable: 10:14am On Oct 15, 2024
MadPolitician:
Tribalism proved to be the biggest enemy of the Nigerian people. People are no more protesting because they have chosen to support whosoever that is in power, irrespective of his bad policies, as long as he is from their ethnic group. Its more like "smiling while suffering", just to ensure that their tribal leaders in power are not removed or humiliated.

They have also managed to build up a groundswell of opposition against those from other areas trying to challenge the terrible leadership of their tribal tin gods. This they do by also going back to all sorts of tribal arguments. It's now a "we versus them" mentality. So the corrupt presidency contineously gets away with murder. Easily.
N this was started by the tribalistic Yorubas, who with their tribalistic bigotry thinks Jonathan is Igbo, while he is south south. Now cus of their bigotry they maligned his govt n tricked d north into joining them. They used the turn of d north to blind them n supported a dullard so that he il not see them coming with their agenda . Now they r in d govt n d whole country is in for it, even their own people r in the suffering n hardships too. But do they care?
Re: What Are The Prices Of These Commodities Today? by frankblinkz(m): 10:15am On Oct 15, 2024
Zackattack:
This statement is tribalistic.
I’m from Delta State and here’s one truth;
Igbos are as tribalistic as the Yorubas, if not more.
The funny thing is that you don’t even know you’re being tribalistic 😁
it wasn't tribalistic when we all supported Good luck Johnathan (he's not Igbo).
We knew he had capacity that was the reason.

Now P.O had capacity and was indeed the best candidate to run the affairs of the country.
But because I'm Igbo and he's Igbo,you think it's based on tribalism.
Even the blind could see and the deaf could tell the difference between P.O and B.A.T.
There was a debate which allowed the general public to assess the candidates and it was glaring that one had vision and laid down structure to get the country back to what we have always envisaged,but you guys looked away because of tribalism.



For now I will say enjoy.
I earn in dollars,you know it's my advantage.
But I'm concerned about people who right now can't afford anything, simply because of ignorance caused by tribalism.

So let the music keep playing,till they are ready to tune it off
Re: What Are The Prices Of These Commodities Today? by faceland: 10:16am On Oct 15, 2024
Houseontherock1:
Sardine is now 1,400 or more depending on the brand
Petrol is 1,300/ltr
Naira to Dollar exchanges between 1,590 and 1,700...the good old days undecided
What people are missing is, this was THREE YEARS AGO... Only God knows what the next three years would being with fuel doing more than 400% and the other 3x increment.

How many people's income has increased by even 30% in the last 3 years?
Re: What Are The Prices Of These Commodities Today? by Achor1111(m): 10:31am On Oct 15, 2024
Bade007:
This was 3 years ago ,Omo it's really crazy huh huh for how long can Nigerians endure
The mumu has gone deaf and dumb
Re: What Are The Prices Of These Commodities Today? by faceland: 10:31am On Oct 15, 2024
Exceed15:
I wished we can be taken back to the so called corrupt days ofPDP where PMS was less than N100.... APC is the original GBAJUE.
Good old days (less than15 years ago) when people protested because fuel was ₦85 per litre, and the democratically elected government listened to them as if they were humans and not poultry
Re: What Are The Prices Of These Commodities Today? by faceland: 10:33am On Oct 15, 2024
So by the next election in 2027
Dollar to Naira would be ₦5000
Fuel would be ₦6500 per litre
Re: What Are The Prices Of These Commodities Today? by IbeOkehie: 10:51am On Oct 15, 2024
nairalanda1:
The more you run an economy based on oil , the more issues and problems it begats.

Oil is a curse.
No it's not, it's a blessing. Norway produces crude oil, so does the UAE. The largest producer of crude oil in the world is the USA, the UK too has oil.

The problem in Nigeria is that the FEDERAL GOVERNMENT owns all the crude oil, by law in a diverse country. If all the crude oil is owned by PRIVATE persons, they will NOT share it with other Nigerians. OTHER Nigerians would have to PRODUCE something else in order to get some of the crude oil & natural gas money.

Because the government owns it all, EVERY NIGERIAN feels ENTITLED and HOPES they can get a share without doing anything.

Worst of all, Nigeria is a DIVERSE country. So the people are not only competing to get their SHARE of the oil money, they're also trying to make their share bigger by EXCLUDING other tribes.

Norway is almost completely homogeneous. The UK is 85% Anglo or White, whichever you want to use. The USA is likely the most diverse nation in the world and there's LESS destructive competition based on entitlement because almost everything is PRIVATELY OWNED.

Nigeria operates a feudal-socialist system. That's the problem. Not corruption or diversity or laziness or bad government. The primary, foundational problem is THE SYSTEM.

Look at NLNG, Starlink Cocoa, Dangote Cement, GT Bank. They're productive because they're PRIVATE, the government privatized and deregulated their sectors and they are working well. The problem is that they comprise only a small % of the economy. That's why the biggest mistake Nigerians made was rejecting the Government attempt to deregulate the Petroleum sector in 2012

Until Nigeria changes the to a free market capitalist system, it will continue to stagnate.

Good Luck to Nigeria
Re: What Are The Prices Of These Commodities Today? by maidstone: 10:57am On Oct 15, 2024
nairalanda1:
We had the same issues back in the 1970s when there was oil boom , and then from 1983 when oil price crash led to Nigerians eating from dustbin and japa commencing back then.

What we see today has been seen before
You are not human
Re: What Are The Prices Of These Commodities Today? by Akwamkpuruamu: 11:03am On Oct 15, 2024
oneMalik:
70% of the problems we face today is caused by the citizens ( laziness) not the govt....thou the govt may be useless and that's the total reflection of the citizens cos out of 200m people. we've selected few as leaders to show the kind of people we are.

Nothing will change until we start thinking.
Same cause didn't affect Canada, Ssudi Arabia and other oil rich nations. Na only African and Venezuela
Re: What Are The Prices Of These Commodities Today? by Zackattack:
frankblinkz:
it wasn't tribalistic when we all supported Good luck Johnathan (he's not Igbo).
We knew he had capacity that was the reason.

Now P.O had capacity and was indeed the best candidate to run the affairs of the country.
But because I'm Igbo and he's Igbo,you think it's based on tribalism.
Even the blind could see and the deaf could tell the difference between P.O and B.A.T.
There was a debate which allowed the general public to assess the candidates and it was glaring that one had vision and laid down structure to get the country back to what we have always envisaged,but you guys looked away because of tribalism.



For now I will say enjoy.
I earn in dollars,you know it's my advantage.
But I'm concerned about people who right now can't afford anything, simply because of ignorance caused by tribalism.

So let the music keep playing,till they are ready to tune it off
You earn in dollars😁😁😁. Kindly show with evidence or I’m not believing. Mine is attached.
I’m a level 2 seller on fiverr and I’m an Upwork seller too. So I’m very confident that I earn enough to keep me going.
I just said the obvious. I’m more familiar with Igbos than Yorubas. Like I said, I’m from Delta State, and a graduate of UNIZIK.
Igbos are VERY tribalistic.
Re: What Are The Prices Of These Commodities Today? by nairalanda1(m): 11:32am On Oct 15, 2024
maidstone:
You are not human
You should go and kiss your pet termite good morning.
Re: What Are The Prices Of These Commodities Today? by nairalanda1(m): 11:33am On Oct 15, 2024
IbeOkehie:
No it's not, it's a blessing. Norway produces crude oil, so does the UAE. The largest producer of crude oil in the world is the USA, the UK too has oil.

The problem in Nigeria is that the FEDERAL GOVERNMENT owns all the crude oil, by law in a diverse country. If all the crude oil is owned by PRIVATE persons, they will NOT share it with other Nigerians. OTHER Nigerians would have to PRODUCE something else in order to get some of the crude oil & natural gas money.

Because the government owns it all, EVERY NIGERIAN feels ENTITLED and HOPES they can get a share without doing anything.

Worst of all, Nigeria is a DIVERSE country. So the people are not only competing to get their SHARE of the oil money, they're also trying to make their share bigger by EXCLUDING other tribes.

Norway is almost completely homogeneous. The UK is 85% Anglo or White, whichever you want to use. The USA is likely the most diverse nation in the world and there's LESS destructive competition based on entitlement because almost everything is PRIVATELY OWNED.

Nigeria operates a feudal-socialist system. That's the problem. Not corruption or diversity or laziness or bad government. The primary, foundational problem is THE SYSTEM.

Look at NLNG, Starlink Cocoa, Dangote Cement, GT Bank. They're productive because they're PRIVATE, the government privatized and deregulated their sectors and they are working well. The problem is that they comprise only a small % of the economy. That's why the biggest mistake Nigerians made was rejecting the Government attempt to deregulate the Petroleum sector in 2012

Until Nigeria changes the to a free market capitalist system, it will continue to stagnate.

Good Luck to Nigeria
Norway crucially produces tons of industrial products

UAE is just Nigeria with one tenth of the population. That's why they can afford all them goodies. If the oil dries up tomorrow, they would last a few years on savings.
Re: What Are The Prices Of These Commodities Today? by nairalanda1(m): 11:34am On Oct 15, 2024
anonimi:
Are you unaware of how Jonathan and PDP free market economy ensured we had a growing GDP in 2014, with better projections for 2015 despite the falling oil price? The first time that happened in our history.

Are you truly unaware huh
Based on high oil prices then

Buhari and tinubu knew low oil prices were comming, but instead of doing the right thing, they borrowed to hide the cracks. Rwesult is as you see.
Re: What Are The Prices Of These Commodities Today? by nairalanda1(m): 11:35am On Oct 15, 2024
miiraaj:
Golf countries like Saudi Arabia, Qatar etc will disagree with you.
Saudi and Qatar have 40 million and 1.8 million people, and produce more oil than we do.

As a result, they have what we do not have.

Nigeria needs to get its economy diversified. We have known this for decades, we no wan do.
Re: What Are The Prices Of These Commodities Today? by mrkings84(m): 11:37am On Oct 15, 2024
Things are relatively better, in the next 5 to 8 years, a dollar will be around 10k naira, Petrol will be 10k per litre, bread will be around 15k, one sachet water will be 4k, garri will be 25k for custard paint, cigarette will be 3k per stick,
Origin bitters will be around 7k...
No body will bother about eggs as they will be around 5k each...

Then, we will beg for them to return us to 2024 and it will be so impossible.
Re: What Are The Prices Of These Commodities Today? by nairalanda1(m): 11:39am On Oct 15, 2024
Pluto33:
A curse to Nigeria...check out Dubai, etc.. undecided
DUbai produces twice as much oil as we do, for about 13 million people.

Nigeria to be like dubai, we have to tell 250 million of us that they are no longer Nigerians, and focus spending on the remaining 10 million.
Re: What Are The Prices Of These Commodities Today? by IbeOkehie: 11:45am On Oct 15, 2024
nairalanda1:
Based on high oil prices then

Buhari and tinubu knew low oil prices were comming, but instead of doing the right thing, they borrowed to hide the cracks. Rwesult is as you see.
Not true at all 😳 When Obasanjo came in crude oil prices were NOT exceptionally high. In fact I think they were low. They did reach very high levels in 2006. In short in 1999 to 2015 the commodity had the same variable prices it has always had.

nairalanda1:
Norway crucially produces tons of industrial products

UAE is just Nigeria with one tenth of the population. That's why they can afford all them goodies. If the oil dries up tomorrow, they would last a few years on savings.
The people in Norway producing industrial products do it BECAUSE they are in a free market capitalist society that GIVES such opportunity.

The factors of production are Land, Labour and Capital. This is the BASIC theory of an economic system. It's undisputed.

Capital - in Norway is unregulated. Their currency is in a FREE FLOAT.

Land - I'm willing to bet that land can be privately owned in Norway.

Labour - there is no minimum wage or any such laws in Norway.

All of these factors are owned or controlled by government in Nigeria. That's why Nigeria is poor. It's OK if you don't agree 🤷, I suppose that's why we're all different.

Good Luck to Nigeria
Re: What Are The Prices Of These Commodities Today? by Exceed15: 11:47am On Oct 15, 2024
faceland:
Good old days (less than15 years ago) when people protested because fuel was ₦85 per litre, and the democratically elected government listened to them as if they were humans and not poultry
This very government was the opposition then. Brunch of bittered, empty heads fellow . Na God go punish all of them.
Re: What Are The Prices Of These Commodities Today? by Peterjetlee007(m): 11:48am On Oct 15, 2024
EmekaBlue:
Orijin bitters- N1200
I tired bro something we day buy for 2h. I remember with 1k 4 bottles and fish is assure but now it is what it is . Economy don scatter
Re: What Are The Prices Of These Commodities Today? by IbeOkehie: 11:57am On Oct 15, 2024
Shaketable:
N this was started by the tribalistic Yorubas, who with their tribalistic bigotry thinks Jonathan is Igbo, while he is south south. Now cus of their bigotry they maligned his govt n tricked d north into joining them. They used the turn of d north to blind them n supported a dullard so that he il not see them coming with their agenda . Now they r in d govt n d whole country is in for it, even their own people r in the suffering n hardships too. But do they care?
Tribalism didn't start in 2014 or 2015. It's always been part of Nigeria and indeed every nation in the world. It's human nature.

You may want to go read up on the Nigeria Lancaster House Conferences. That's the root of the the tribalism issue.

Exceed15:
This very government was the opposition then. Brunch of bittered, empty heads fellow . Na God go punish all of them.
Yes and Nigerians VOTED for them. So God is punishing THE NIGERIAN PEOPLE. God is good

For sure, the 2015 election reflected the will of the Nigerian people. The PEOPLE are responsible for everything that is happening in Nigeria.

Good Luck to Nigeria
Re: What Are The Prices Of These Commodities Today? by nairayouthcom(m): 12:00pm On Oct 15, 2024
Wealthyonos:
Change is Cumming
With hard prick 🤣🤣🤣🤣🤣
Re: What Are The Prices Of These Commodities Today? by cutedharmee: 12:09pm On Oct 15, 2024
Titus...1200 presently
Good bread...1900
Re: What Are The Prices Of These Commodities Today? by nairalanda1(m): 12:20pm On Oct 15, 2024
IbeOkehie:
Not true at all 😳 When Obasanjo came in crude oil prices were NOT exceptionally high. In fact I think they were low. They did reach very high levels in 2006. In short in 1999 to 2015 the commodity had the same variable prices it has always had.



The people in Norway producing industrial products do it BECAUSE they are in a free market capitalist society that GIVES such opportunity.

The factors of production are Land, Labour and Capital. This is the BASIC theory of an economic system. It's undisputed.

Capital - in Norway is unregulated. Their currency is in a FREE FLOAT.

Land - I'm willing to bet that land can be privately owned in Norway.

Labour - there is no minimum wage or any such laws in Norway.

All of these factors are owned or controlled by government in Nigeria. That's why Nigeria is poor. It's OK if you don't agree 🤷, I suppose that's why we're all different.

Good Luck to Nigeria
And back then, people complained about how bad our economy was under Obasanjo. (I remember very well).

The problem with Nigeria is that our population is too large for our oil revenue. Always has, always will be. That is why the best thing that needed to be done at independence was develop a policy that would have led us to using our raw materials to make industrial produce for the world's need....that would have helped us grow a large economy.

That and being capitalist.

At the end, we have not done that since independence...that is why we have our economy on the brink all the time.

The thing is, a nation of our size should be having a gdp of over one trillion dollars ages ago.


Anyway, don talk my own. I may soon stop talking on this site...people too dey fight for their patronage. I ain't on any side.
Re: What Are The Prices Of These Commodities Today? by nasbiafra(m): 1:40pm On Oct 15, 2024
ashawo short time 500 now na 3000

till day break 10 000 now na 40 000 to 50 0000
Re: What Are The Prices Of These Commodities Today? by Elbethel1: 3:59pm On Oct 15, 2024
MadPolitician:
Tribalism proved to be the biggest enemy of the Nigerian people. People are no more protesting because they have chosen to support whosoever that is in power, irrespective of his bad policies, as long as he is from their ethnic group. Its more like "smiling while suffering", just to ensure that their tribal leaders in power are not removed or humiliated.

They have also managed to build up a groundswell of opposition against those from other areas trying to challenge the terrible leadership of their tribal tin gods. This they do by also going back to all sorts of tribal arguments. It's now a "we versus them" mentality. So the corrupt presidency contineously gets away with murder. Easily.
You are very right but not all of us are truly tribalistic, moreover I don't think the current economic hardship is a respecter of person or tribe. Until we're able to hold our leaders accountable for their actions or inactions, we'll continue to experience this kind of scenerio. They device divide-and-rule mean to make sure we're not united against them
Re: What Are The Prices Of These Commodities Today? by frankblinkz(m): 4:23pm On Oct 15, 2024
[quote author=Zackattack post=132436888]You earn in dollars😁😁😁. Kindly show with evidence or I’m not believing. Mine is attached.
I’m a level 2 seller on fiverr and I’m an Upwork seller too. So I’m very confident that I earn enough to keep me going.
I just said the obvious. I’m more familiar with Igbos than Yorubas. Like I said, I’m from Delta State, and a graduate of UNIZIK.
Igbos are VERY tribalistic. [/quote its good you earn in dollars too,I don't need to prove anything,we are both matured to know that's me been in a competition,I'm only been concerned about those who don't earn in dollars.
And are finding it difficult to make a living.
I do online tradings.
But we could talk about yours if you don't mind.
Please in your capacity try to help people or guys you think are worth sharing the information to around you.
Its quite hard this period.
Saw some boys that was killed today involved in armed robbery.
Young boys....
Share your update with me if you don't mind.
I'm a fashion designer and I'm into crypto trading
Re: What Are The Prices Of These Commodities Today? by Caseless: 4:52pm On Oct 15, 2024
Bade007:
This was 3 years ago ,Omo it's really crazy huh huh for how long can Nigerians endure
sad to see.
Re: What Are The Prices Of These Commodities Today? by femi4: 4:55pm On Oct 15, 2024
Bade007:
This was 3 years ago ,Omo it's really crazy huh huh for how long can Nigerians endure
Who would have believed that we will be in this mess in just 3yrs

Shout out to those that saw no hope n left early
1 2 3 4 Reply

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