₦airaland Forum

PresidObi:
True.

We must demand our house of assembly and senate members, as well as members of our state parliament push this across all spectrums.

Our wealth and security depends on our food security and optimisation of the agricultural value chain.

We must spend money on security.

Southern Nigeria must occupy our forests... build forests reserves with forests rangers and barriers, guard dogs too should be employed to guard forests. Forests rangers must be given automatic weapons, radio communication and training on self defence and surviving in the forests.

Our forests should be turned into training grounds and building of barracks for our forests rangers and security/vigilante units, these forests should also be used for agriculture, with forest guards given specific duty areas, ensuring the anti grazing law is effected fully and anyone caught living in forests arrested unless you are a licenced indigenous forests ranger. All states have their own hunters, hunters should only hunt in their state, licenced by the state authorities, all other hunters must be outlawed from carrying guns beyond their state...hunting across state lines is how infiltration and gun proliferation spread.

Elliotwaveforec:
Abeg which one be pressure pot again? Omo, knowledge and information good o!

Wow!

nice you found it by searching.now you know what it is.E dey cook crase comot anything cookable

Good for them,
They should continue their storage.
Greedy human beans

TallNigerian:
You are thieves and deserve all the losses and more. God will continue to punish all of you. Greedy merchants and middlemen. Senseless hoarders.

Every part of the bolded statement reeks of enormous greed, selfishness, wickedness and any other name evil assumes.

Mo.ron.
I guess you were sleeping during basic economics and commerce class in junior secondary school.
If there were no middle mean and merchants to stock and store seasonal foods and grains, malnutrition would have killed you long before you were able to articulate your first thought.

PresidObi:
With this write up, you expose your ignoramus standards

Seasonal price changes happen every year, as new harvest happens, things will become a little cheaper, until the next planting season when the new harvest will be getting dried up by demands. Go back and read your economic textbooks, demand and supply dictate prices, and not greed. Traders are experts with demand and supply seasons, and they flow with the tide, and swim in profits regardless of anything you think.

Are you saying that those traders that are counting their losses in the above report are liars or mere propagandists?

kernniejay:
Are you saying that those traders that are counting their losses in the above report are liars or mere propagandists?

I am saying that no traders lost any monies, the above write up is a lie and propaganda.

plaetton:
Mo.ron.
I guess you were sleeping during basic economics and commerce class in junior secondary school.
If there were no middle mean and merchants to stock and store seasonal foods and grains, malnutrition would have killed you long before you were able to articulate your first thought.

There's a big difference between storage and hoarding. Half-baked graduates everywhere.

easytig:
Ever since I was moved to band A around March ,I have reduced my cooking of beans to once a week or none sef,beans Sabi chop electricity sha,it takes over one hour to get done.


Enough is enough,Eba and stew is what is surviving me daily now

They hoard beans to jack up the price,the fools don't know beans get easily attacked and destroyed by weevil after months and loose value

You dey band A and still dey use electric cooker?

No sympathy from me. The loss in profit is due to their greed plain and simple.
Hoarding the product hoping for the price to get higher in order to make more profit.

bluefilm:
Audio crashing of prices of beans

No be audio crashing my brother
Was pleasantly surprised today in the market.
Red beans that i bought some months ago 6k per mudu was sold at 3500.
Whooping 2500 reduction per mudu

zero8zero:
There's a big difference between storage and hoarding. Half-baked graduates everywhere.

No there is not.
You're obviously not a business person and probably never done any business before.
Every merchant hopes to sell products whenever it is most profitable.
If crayfish is cheapest during the rainy season and most expensive during the dry season, a crayfish merchant would be absolute mor.on not to buy low in the rainy season and sell high during the dry season. This is common sense, this is universal, this practice goes all the way back to the very beginning of commerce in the human march of civilization.

PresidObi:
There is no lament anywhere. This is just propaganda writing, stop believing nonsense.

That's the problem with people supporting Hobi! Rational thinking is their issues.
I said let me give you numbers of food sellers to confirm but you choose to still say it's a lie.
Your problem can't be solved.
C'est fini

ledaman:
That's the problem with people supporting Hobi! Rational thinking is their issues.
I said let me give you numbers of food sellers to confirm but you choose to still say it's a lie.
Your problem can't be solved.
C'est fini

If you give me numbers of jobless agbero fraudsters at APC secretariat speaking Igbo and claiming to have made 1 billion naira loss from beans sales, how will I know the difference?

plaetton:
No there is not.
You're obviously not a business person and probably never done any business before.
Every merchant hopes to sell products whenever it is most profitable.
If crayfish is cheapest during the rainy season and most expensive during the dry season, a crayfish merchant would be absolute mor.on not to buy low in the rainy season and sell high during the dry season. This is common sense, this is universal, this practice goes all the way back to the very beginning of commerce in the human march of civilization.

These people were mostly recruited from motor parks, they never sold common biscuits in their lives.

PresidObi:
If you give me numbers of jobless agbero fraudsters at APC secretariat speaking Igbo and claiming to have made 1 billion naira loss from beans sales, how will I know the difference?

zero8zero:
Greedy Nigerians but the President is always the scape goat, blame FG even for the greed of the traders. You hoard foods just for the purpose of hiking the price in the future, yet Nigerians insults the Government over artificial high food prices. It is only in Nigeria that prices come down and they will refuse to lower price, when fuel comes down, transporters refuse to lower price. Even in the North, some traders are angry food prices are crashing. Enemies of the state.

Remove the cost of transportation from any food hike and you will realize govt is the bigger problem

imagine we have good road channels and a good rail system working effective ... oya undermine the impact on Prices of farm product

McStoic:
Lol..collabo indeed. The name of the track is beansgaspiano

😂😂

PresidObi:
The ewu that wrote the above piece doesn't know that traders has mastered the art of seasonal price fluctuations which they experience yearly since 1900

Nobody will lose a dime, you just load up on the cheap new stock and add your price and sell, as the seasons turn the other stock will rise and you start selling the costly ones at high prices.

They experience this every year, but propaganda mills will write nonsense to sell their bigotry.

People pump rubbish news according to their hateful expectations and go back to laugh at their idiocy.

Maybe you didnt read the post, Beans is a perishable item that can not be stored beyond a year ... as it stand those one they hoarded, its either they sell on time or lose completely

They cant restock if they dont push the ones at hand out 1st ..

Hmmmmm, they were part of those who were hoarding the beans and making the price expensive, they should have known the price of beans will crash by taking note of the market trend, it's better they sell it now to avoid further crash on the price of beans.

theredaddy:
Maybe you didnt read the post, Beans is a perishable item that can not be stored beyond a year ... as it stand those one they hoarded, its either they sell on time or lose completely

They cant restock if they dont push the ones at hand out 1st ..

Maybe you have never dome business before.

Who says I must sell the new stock of beans first? You haven't heard of FIFO in business? Stay there make pant dey wear you

Google it and learn, stop exposing your ignorance in the public

PresidObi:
Maybe you have never dome business before.

Who says I must sell the new stock of beans first? You haven't heard of FIFO in business? Stay there make pant dey wear you

Google it and learn, stop exposing your ignorance in the public

Buying the new stock means you have to cough out money, maybe even loan

Selling the old stock 1st is not profit, you projected to sell it at #50 and you are now selling @ #30, time cost of storage you go happy

That new stock you want to hoard again, you don 4get east harvest will hit that one tew ... then it becomes a vicious cycle

North climate is favorably ahead this time so hoarders go hear am

theredaddy:
Buying the new stock means you have to cough out money, maybe even loan

Selling the old stock 1st is not profit, you projected to sell it at #50 and you are now selling @ #30, time cost of storage you go happy

That new stock you want to hoard again, you don 4get east harvest will hit that one tew ... then it becomes a vicious cycle

North climate is favorably ahead this time so hoarders go hear am

Oh my God! I am tired of arguing with these motor park touts that haven't sold anything in their lives.

Gosh!

Didn't you hear that as a beans dealer, I can get as many bags I need on credit from my trusted suppliers and still pay them after selling? Who takes bank loans in retail business?

I could have given you a lesson in business but, what's the need, your brain is still stuck in hate. What's the use in teaching you?

Bobloco:
Crash ke?

Has it dropped to the price Tinubu met it in 2023? Because that’s the only real crash. Anything else is just noise and propaganda.

What of the price it was in 1985?

PresidObi:
Oh my God! I am tired of arguing with these motor park touts that haven't sold anything in their lives.

Gosh!

Didn't you hear that as a beans dealer, I can get as many bags I need on credit from my trusted suppliers and still pay them after selling? Who takes bank loans in retail business?

I could have given you a lesson in business but, what's the need, your brain is still stuck in hate. What's the use in teaching you?

lolzz! see how you are struggling to discredit a so called tout,

How does getting stock on credit exenorate you from the risk of hoarding, i thought you are the educated one

Lets me school you, what if you bought at #50 per bag "on credit" then the market get flooded ... how that "credit" take save your dombass wont you pay back

what you collected at #50 is now #30 and your escape plan is to restock ..

So when you FIFO at #30 you still have deficit of #20 hanging where will that come from Oga business

PresidObi:
Oh my God! I am tired of arguing with these motor park touts that haven't sold anything in their lives.

Gosh!

Didn't you hear that as a beans dealer, I can get as many bags I need on credit from my trusted suppliers and still pay them after selling? Who takes bank loans in retail business?

I could have given you a lesson in business but, what's the need, your brain is still stuck in hate. What's the use in teaching you?

lolzz! see how you are struggling to discredit a so called tout, who said it must be bank loan

How does getting stock on credit exenorate you from the risk of hoarding, i thought you are the educated one

Lets me school you, what if you bought at #50 per bag "on credit" then the market get flooded ... how does that " on credit" save your dombass wont you pay back

what you collected at #50 is now #30 and your escape plan is to restock ..

So when you FIFO at #30 you still have a deficit of #20 hanging where will that come from Oga business

theredaddy:
lolzz! see how you are struggling to discredit a so called tout,

How does getting stock on credit exenorate you from the risk of hoarding, i thought you are the educated one

Lets me school you, what if you bought at #50 per bag "on credit" then the market get flooded ... how that "credit" take save your dombass wont you pay back

what you collected at #50 is now #30 and your escape plan is to restock ..

So when you FIFO at #30 you still have deficit of #20 hanging where will that come from Oga business

When I buy #50 without paying immediately (not credit as your uneducated mind is thinking) if the market gets flooded, I will pay the supplier #30 per bag as you said. He knows the market is flooded and he cannot blame me for flooding the market which I didn't cause.

Retailers are like gold to the suppliers, he will be happy I am even selling little of his stock at whatever prices when the market gets flooded as you say. He could eat his bags of beans if he disagrees with me on the lower prices, remember the market is flooded, he cannot do anything apart from beg me to keep selling.

But the reality is the market will never be flooded. Bad roads and insecurity blocking stocks coming from the north will always create artificial scarcity which makes for higher demand. I have never seen where the beans market is flooded since the 80s. Beans has never been enough in Nigeria, that's why the price keeps rising every year.

Are you learning something?

PresidObi:
When I buy #50 without paying immediately (not credit as your uneducated mind is thinking) if the market gets flooded, I will pay the supplier #30 per bag as you said. He knows the market is flooded and he cannot blame me for flooding the market which I didn't cause.

Retailers are like gold to the suppliers, he will be happy I am even selling little of his stock at whatever prices when the market gets flooded as you say. He could eat his bags of beans if he disagrees with me on the lower prices, remember the market is flooded, he cannot do anything apart from beg me to keep selling.

But the reality is the market will never be flooded. Bad roads and insecurity blocking stocks coming from the north will always create artificial scarcity which makes for higher demand. I have never seen where the beans market is flooded since the 80s. Beans has never been enough in Nigeria, that's why the price keeps rising every year.

Are you learning something?

As your supplier naa baby or you go use charm nack am ... i supply you goods at #50 you go hoard, price crash then you want to pay me back @ new price
it is not your fault .. so is it your supplier fault price crashed or you went to hoard .. so naa him go bear risk wey your greed land you

Sey you don high nii, check the headline of the thread, why are the traders lamenting if not that the market are flooded with north fresh harvest, last year rice traders were also lamenting how the market was flooded with import. scarcity and flooding happens like night and day, base on harvest season

This your own business acumess can only be from a failed mogul 🤣

theredaddy:
As your supplier naa baby or you go use charm nack am ... i supply you goods at #50 you go hoard, price crash then you want to pay me back @ new price
it is not your fault .. so is it your supplier fault price crashed or you went to hoard .. so naa him go bear risk wey your greed land you

Sey you don high nii, check the headline of the thread, why are the traders lamenting if not that the market are flooded with north fresh harvest, last year rice traders were also lamenting how the market was flooded with import. scarcity and flooding happens like night and day, base on harvest season

This your own business acumess can only be from a failed mogul 🤣

Am glad you didn't want to continue the debate. You're now grasping at straws and trying to distract me. Your attempt to insult me is noted, try harder next time. Night.

PresidObi:
Am glad you didn't want to continue the debate. You're now grasping at straws and trying to distract me. Your attempt to insult me is noted, try harder next time. Night.

do you go around thinking everyone is a toddler you can play clever by half on ..

supplier know its not my fault ... please how old are you 🤣🤣🤣🤣