₦airaland Forum

TimeManager:
https://leadership.ng/crash-in-food-prices-shows-economic-policies-working/

By this time next year, it will be unimaginable the kind of and amount of propaganda that will be unleashed on Nigerians about this useless thoughtless policies of this regime that they will claim has taken Nigerians to economic eldorado,when the reality is different
He who feels it knows it,you won't to tell anybody they will notice it in their wellbeing, when they no longer go to bed hungry because they can now afford food

helinues:
Should minimum wage also return back to the previous amount?

This one has come with his nonsense gaslighting.
How about Tinubu take the economy back to where he met it, huh?

TimeManager:
They say anything that goes up in Nigeria doesn't come down but let's me remind you that Tinubu is a jinx breaker, it will even go lower in the coming weeks.


-Kiss the truth!

What is the name of the food price that has come down?


Kiss your lies -

Pls ooh, which crash in price oooh!

Where is the crash happening, pls tell us so we can get to buy.

What kind of wickedness is this pls.

I no understand wat 30k can get you 2023 and 70k can not get it now.Pls explain

mrvitalis:
Is it that you don't have basic comprehension skills?

What 30k can get in 2023 70k can't get you today...

So before you can say price has dropped 70k should be able to get you what 30k used to get in in 2023

How this is difficult for you to comprehend is beyond me oga

zero8zero:
You're a joke, go and study your Economics very well, policies are not magic.

oga na bolekaja policy it cannot work

mrvitalis:
Dollar rate was 99 naira to a dollar when PDP took over... ..

PDP left with dollars at 220...110% drop in 16 years

APC moved from 220 to 1500 ... 750% in just 12%


U want more

Dollar official rate in 1999 was 22 naira..

Honestly, we hope that this is true. The cost of things in the market is getting out of hand. We shouldn't also blame those who doubt the impact of the government's policies. If it was 120k, and now 85k, does it make it affordable to people? While we want people to acknowledge that things are changing, we should also understand that to them, proof of change is when they can hold it in their hands and take it home without tears in their eyes.

Anyway, while we wait for the prices of things to fall completely, you should at least be able to negotiate and haggle prices well when you go to the market. We recently published a guide on how to price anything very well. If you have ever felt cheated after buying anything, you should read this.
https://getaitrends.com/blog/destinations/guide-to-haggling-the-prices-of-anything-in-nigeria-for-tourists-and-men/?utm_source=Nairaland

You no this thing is easy to see, before now, with 600 naira you can buy 4 liters of fuel.

That can't buy you 1 liter today

So a crashed fuel price will naturally reduce cost of other items.

Pls oooh. Prices of commodities haven't changed.

Or tell us the markets so poor people can go buy the stuffs.

helinues:
Should minimum wage also return back to the previous amount?

yes,because that time the minimum wage could somehow cope with the prices, but this una own,na wicked wage not minimum wage because its can't cope with the prices unleashed by your policies, while the elites like the polical class, the judiciary got comfortable wages and allowances

Where is the price crashing? Has another Nigeria been established somewhere else? We still buy same amount here in Abuja ooo

Kindly convert the minimum wages then to dollars also currently one to dollars and compare both. Propaganda!

helinues:
Should minimum wage also return back to the previous amount?

zero8zero:
You're a joke, go and study your Economics very well, policies are not magic.

Oshe... Chief economist. Na for Nairaland everybody dey flex muscle of intelligence.

mrvitalis:
Dollar rate was 99 naira to a dollar when PDP took over... ..

PDP left with dollars at 220...110% drop in 16 years

APC moved from 220 to 1500 ... 750% in just 12%


U want more

220 was the highest o!
It was over 1700 under APC some months ago sef

mrvitalis:
So the 8 billion Tinubu used to subsidize naira is what? Lmaooo

$8billion was never used to subsidise dollar, illiterate, talking ignorantly.

Rhado:
220 was the highest o!
It was over 1700 under APC some months ago sef

PDP was paying subsidy to fix the official rate.

Iamlakexide:
Kindly convert the minimum wages then to dollars also currently one to dollars and compare both. Propaganda!

Don't even go that route because minimum wage at 33k with previous inflation rate (not on paper) is better for workers.
It is even best at 19k with the inflation rate at the time is was effective.

surgical:
oga na bolekaja policy it cannot work

It is working already to the disappointment of wailers. Prices are gradually coming down, naira is stable, both rates are almost at par now.

Bobloco:
Nigerians will surely commend Tinubu when they see and feel the food prices coming down to levels lower than where Tinubu found them when he took over in May 2023.

Any decrease beyond this is purely lies, falsehood, and undiluted propaganda from the pit of hell

whoever you voted for will have removed fuel subsidy. So prices would rise. Get some wisdom and stop wallowing in bitterness

Mariangeles:
This one has come with his nonsense gaslighting.
How about Tinubu take the economy back to where he met it, huh?

This demon of darkness is here again with her negativity.
Deuteronomy 32:52 Therefore, you will see the land (goodness) only from a distance; you will not enter the land I am giving to the people of Israel ( Nigeria).”. Amen!

helinues:
Should minimum wage also return back to the previous amount?

Olodo. What causes inflation, is it minimum wage or fiscal policy?

The way most of you talk in this nairaland is just exasperating.

Which food prices has gone down??

If I was not in Nigeria, I would believe that price crashed. But in reality, nothing crashed. Items that increased from 2500 to 3500 from July last year to December only returned back to 3500 from whatever amount it added from Christmas season.

Mudu of Big Bull Rice was 2500 mid last year, its 3500 today. Egg was 3500 mid lasr year, it's 6000 today. Groundnut oil, palm oil and every other food items increased by 50% from mid last year to December last year and still at December high

No. It shows enemies of common man jumped the gun and have retracted a little.

mrvitalis:
Sure if dollar is returned back to the original price... Minimum wage today is of far less value than 2023 may... If you compare it for highly stable items like usdt usd, gold, silver and the rest

How would u know when you have no basic knowledge of economics

You're wasting your time on that person, you can see the abysmal knowledge of ss3 Level economics that he has based on the harebrained question he asked you.

These people are disconnected from the situation in Nigeria, price of food drop ke

TimeManager:
They say anything that goes up in Nigeria doesn't come down but let's me remind you that Tinubu is a jinx breaker, it will even go lower in the coming weeks.


-Kiss the truth!

Nonsense and ingredient talk

TimeManager:
They say anything that goes up in Nigeria doesn't come down but let's me remind you that Tinubu is a jinx breaker, it will even go lower in the coming weeks.


-Kiss the truth!

Honestly. I’m so impressed by Tinubu’s work.

The man is working.

THE DEVIL IS A LIAR!🔥🔥

Putindbutt:
This demon of darkness is here again with her negativity.
Deuteronomy 32:52 Therefore, you will see the land (goodness) only from a distance; you will not enter the land I am giving to the people of Israel ( Nigeria).”. Amen!

I reverse your words back to you, you agent of Satan!
You're already judged by your words.

The lower prices of goods and services is not as a result of good economic policies of the present regime. People don't have money in their pockets to buy these goods. It there4 means that the sellers may be compared to sell them at any price to recover his capital. Do you know how unsold stocks of goods in supermarkets? In order to minimize the loss, sellers are selling them at give away prices

Propaganda has started Tinubu will go down in history as the worst president is arrogance and lack of empathy will never be forgotten.