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Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank - Politics (4) - Nairaland

Nairaland ForumNairaland GeneralPoliticsCrash In Food Prices Shows Economic Policies Working— Arewa Think-tank (14661 Views)

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Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by Uche559(m): 5:56pm On Mar 01, 2025
helinues:
Should minimum wage also return back to the previous amount?
How many state r paying d minimum wage? Even the federal government, have they start paying?
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by jaxxy(m): 5:59pm On Mar 01, 2025
TimeManager:
They say anything that goes up in Nigeria doesn't come down but let me remind you that Tinubu is a jinx breaker, it will even go lower in the coming weeks.


-Kiss the truth!
zero8zero:
Very hard for prices to come down in naija, even dick dey come down. It is now that I'm witnessing prices coming down.
Has the dollar gone down? Has fuel gone down? How much were there b4 tinubu came? Let's start from there.


How much is bag of rice?? Nonesense
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by PDPdestroyer(m): 5:59pm On Mar 01, 2025
Ibos won't be happy with this statement by the Arewa Think-tank grin
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by femi4: 6:00pm On Mar 01, 2025
TimeManager:
They say anything that goes up in Nigeria doesn't come down but let me remind you that Tinubu is a jinx breaker, it will even go lower in the coming weeks.


-Kiss the truth!
What jinx...rice is still above 50k

A litre of fuel is above N500

Exchange rate is still above N1k to a dollar

Dstv price gone up

Data price increase
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by casualobserver:
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
When I see people complain about the dollar, devastating as it may be, be grateful you weren’t around the dollar fell from N1:$1.6 within 4 years to N12: $1….that’s the equivalent of going from N220 to N4400 (in 4 not 10 years)

At least we now have something to show for it, there was nothing to show for the fall that started in the Buhari Babangida era which was why it continued to fall till 2015.
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by femi4: 6:03pm On Mar 01, 2025
casualobserver:
When I see people complain about the dollar, devastating as it may be, be grateful you weren’t around the dollar fall from N1:$1.6 within 4 years to N12: $1?

At least we now have something to show for it, there was nothing to show for the fall that started in the Buhari Babangida era which was why it continued to fall till 2015.
What do you have to show for it

Buying your locally refined fuel at above N500 per litre
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by UncleJJ(m): 6:05pm On Mar 01, 2025
mrvitalis:
Meet rice at 40k drove price to 100k then price reduce to 80k then you said price have crashed and policy is working?

Why not wait till we get back to the initial price first

Na wah ooh watch them call me hater now
December 2024: Dangote reduces fuel price.
February 2025: Dangote reduces fuel price.

Tinubu (Min. of petroleum) placed bureaucratic red tape at every corner against Dangote Industries. They said, he is a hausa man, hausa people are not intelligent. How can a hausa man be the first to launch a refinery... those almajiri's. But, the almajiri put on his boxing glove, and exposed the intelligents ; importing pms from the gutters.

Everything in Nigeria is connected to the pump price. Aliko Dangote is officially a Tsar in the global petroleum industry - an untouchable.

Lesson for the day: If it is good for your country, it good for you.

As a side note, Aliko Dangote floated the Blue Consortium a few years ago - but it never saw the light of day.

Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by FLYFIRE(m): 6:06pm On Mar 01, 2025
Where were the prices before these buffoons pushed it beyond the poor man's reach
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by casualobserver: 6:07pm On Mar 01, 2025
femi4:
What do you have to show for it

Buying your locally refined fuel at above N500 per litre
If I have to tell you the gains of the currency floatation in this day and age, I will be wasting my time because it would mean you are not interested in having a logical argument just having an argument to vent frustration. Because those who are objective know the benefits.
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by casualobserver: 6:08pm On Mar 01, 2025
femi4:
What do you have to show for it

Buying your locally refined fuel at above N500 per litre
If I have to articulate the gains of the currency floatation to an educated Nigerian in this day and age, I will be wasting my time because it would mean you are not interested in having a logical argument just having an argument to vent frustration. Because those who are objective know the benefits. All opposition advocated the floating of the Naira which means everyone knew it had to be done!
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by OnyeObowo1: 6:08pm On Mar 01, 2025
TimeManager:
They say anything that goes up in Nigeria doesn't come down but let me remind you that Tinubu is a jinx breaker, it will even go lower in the coming weeks.


-Kiss the truth!
Shut up there and focus on your life..
Am in Abuja, kubwa here nothing is going down..
Transportation is still high
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by chidiokay: 6:09pm On Mar 01, 2025
TimeManager:
They say anything that goes up in Nigeria doesn't come down but let me remind you that Tinubu is a jinx breaker, it will even go lower in the coming weeks.


-Kiss the truth!
The benchmark is 2023 price as far as Tinubu govt rating is concern

what price did Tinubu meet a bag of rice, and what price are they quoting

where is the coming down, Tinubu took fuel to 600 from 197 .. now its 850 from 1200 is thats the fall they want Nigerians to celebrate

ori ta gbo gbo yin
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by EpicDude123: 6:09pm On Mar 01, 2025
helinues:
Should minimum wage also return back to the previous amount?
You are deluded, is every Nigerian a Civil servant Or a salary earner?
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by OnyeObowo1: 6:10pm On Mar 01, 2025
TimeManager:
If e no come down, apply aboliki or pepper, it will come down, that's what Tinubu is applying to stubborn and artificial inflation.


-Kiss the truth!
Lolz... Tinibu is a disaster
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by Putindbutt(m): 6:10pm On Mar 01, 2025
Mariangeles:
THE DEVIL IS A LIAR!🔥🔥



I reverse your words back to you, you agent of Satan!
You're already judged by your words.
Isaiah 54:17
And every tongue which rises against Nigeria in judgment You shall condemn.
Marian, you're therefore condemned by the negativity of your tongue against Nigeria, IJN
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by chidiokay: 6:11pm On Mar 01, 2025
zero8zero:
You're a joke, go and study your Economics very well, policies are not magic.
policies are not life threatening
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by koning: 6:12pm On Mar 01, 2025
mrvitalis:
Meet rice at 40k drove price to 100k then price reduce to 80k then you said price have crashed and policy is working?

Why not wait till we get back to the initial price first

Na wah ooh watch them call me hater now
I will give him the second term if rice drops to 35k and PMS goes way under N500.
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by Frankaka8(m): 6:14pm On Mar 01, 2025
TimeManager:
They say anything that goes up in Nigeria doesn't come down but let me remind you that Tinubu is a jinx breaker, it will even go lower in the coming weeks.


-Kiss the truth!
Maluuu don drop am. Ekpatewoooo
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by gloryman91(m): 6:15pm On Mar 01, 2025
South West traders refused to bring down prices o.
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by Bobloco: 6:15pm On Mar 01, 2025
arsenal33:
whoever you voted for will have removed fuel subsidy. So prices would rise. Get some wisdom and stop wallowing in bitterness
One of the lame excuses they always come up with, having realized how calamitous their wicked and draconian policies, masquerading as economic reforms, have turned out to inflict untold hardships, hunger, and starvation."
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by chidiokay: 6:17pm On Mar 01, 2025
helinues:
Should minimum wage also return back to the previous amount?
does it matter as long as it 2023 value is restored

we are coming from a past 30k will over full an suv tank, ask around
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by ceejay80s(m): 6:17pm On Mar 01, 2025
Nonsense talk,
Used to buy palm oil 75cl 900 but now it's 1700 and u are all here praising that useless man
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by Mariangeles(f): 6:17pm On Mar 01, 2025
Shut up, you lying, agent of Satan!

Putindbutt:
Isaiah 54:17
And every tongue which rises against Nigeria in judgment You shall condemn.
Marian, you're therefore condemned by the negativity of your tongue against Nigeria, IJN
Distorting the Word of God for evil like Satan, your master.
You have brought judgement upon yourself by your words.
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by Putindbutt(m): 6:18pm On Mar 01, 2025
jaxxy:
Has the dollar gone down? Has fuel gone down? How much were there b4 tinubu came? Let's start from there.


How much is bag of rice?? Nonesense
You guys are big time illiterates. Debt servicing was 97% when Tinubu took over. The fact that the economy was bleeding while living fake life has eroded your common sense.
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by Baffupdrizz(m): 6:19pm On Mar 01, 2025
Slight reduction in food prices is not enough grounds for sensationally calling it 'CRASH'.
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by ceejay80s(m): 6:20pm On Mar 01, 2025
Alfaab:
I love beans but I have fled from it when one derica sold for #2400.
Reading and hearing that prices have come down,I went to the market and was surprised when I got it at #1200.
Praises.
And u are fasting and lying
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by justtoodark: 6:20pm On Mar 01, 2025
helinues:
Should minimum wage also return back to the previous amount?
ask am....

you are a sharpshooter....direct to the point....
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by femi4: 6:20pm On Mar 01, 2025
casualobserver:
If I have to articulate the gains of the currency floatation to an educated Nigerian in this day and age, I will be wasting my time because it would mean you are not interested in having a logical argument just having an argument to vent frustration. Because those who are objective know the benefits. All opposition advocated the floating of the Naira which means everyone knew it had to be done!
It's difficult to defend incompetence....we understand your struggles
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by anonimi: 6:23pm On Mar 01, 2025
helinues:
Should minimum wage also return back to the previous amount?
Can T-Pain’s 70k minimum wage buy the same amount of goods as Buhari’s 30k minimum wage in 2023?

Can it even buy the same amount of goods as PDP and Jonathan’s 18k minimum wage of a decade ago?

Is that the change promised by APC leaders looters of integrity huh

Emergingnation:
Flashback: How Bola Tinubu spoke highly of Buhari in 2015, named PDP ‘Poverty Development Party

National leader of the ruling All Progressives Congress, APC, Bola Tinubu had during the presidential campaign in 2015, referred to President Muhammadu Buhari as the only solution for the security and economic challenges facing Nigeria.

During a mega presidential rally, the former governor of Lagos State recalled how some powerful nations in the world returned to army generals when they were challenged, saying “Major General Buhari would revive Nigeria’s economy”.

He named the current opposition People’s Democratic Party, PDP as the “Poverty Development Party saying they had nothing to offer.

His words at the time were; “Every nation has a period of their own challenges, when America was challenged, they turned to one great man, their ex-military general, General Eisenhower. When the French were challenged, they turned to their general, Charles de Gaulle.

“When Britain was challenged, they turned to their general. Today, Nigeria is economically and physically challenged so we turn to General Muhammadu Buhari. He is the right man for the job. If you talk about military experience, he has it abundantly, he has courage, simplicity, he has it abundantly.

“If you talk about great determination, a combination of vision and ability to perform, honesty and integrity, he has it abundantly.

“I laugh when the incapable government, ‘Poverty Development Party’ PDP were talking. They have nothing again to say, they now want to question the qualifications of General Buhari and look for his certificate”.

Following the manifestos in 2015 which projected the APC presidential candidate as a ‘saviour’, Buhari defeated the then incumbent president, Goodluck Ebele Jonathan with Nigerians expecting a total change in security and economy.

https://dailypost.ng/2021/09/01/flashback-how-bola-tinubu-spoke-highly-of-buhari-in-2015-named-pdp-poverty-development-party/
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by Putindbutt(m): 6:23pm On Mar 01, 2025
Mariangeles:
Shut up, you lying, agent of Satan!



Distorting the Word of God for evil like Satan, your master.
You have brought judgement upon yourself by your words.
Isaiah 59:19
When the enemy shall come in like a flood, the Spirit of the Lord shall lift up a standard against him.

Marian, The Spirit of the Lord henceforth shall lift a standard against you and every other enemies of Nigeria, IJN
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by Babangidapikin: 6:25pm On Mar 01, 2025
Only Farmers knowns the feeling of a crash price after laboring in vain .
Re: Crash In Food Prices Shows Economic Policies Working— Arewa Think-tank by chidiokay: 6:29pm On Mar 01, 2025
Alfaab:
I love beans but I have fled from it when one derica sold for #2400.
Reading and hearing that prices have come down,I went to the market and was surprised when I got it at #1200.
Praises.
Yeah thats true, market prices are falling due to steady decrease in demand for item as people are seriously downsizing and on compulsory diet cheesy

person wey dey buy half bag of rice before as dropped to quarter of a bag , like that like that ... these sharp drop is leaving excess food in the market no one to buy , so the laws of Dd & SS takes charge

lower demand to excess supply will enforce price drop .. as nothing to do with Bolekaja policies
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