₦airaland Forum

AMINDA:
[b]Dishonesty! You removed subsidy and devalued the currency at the same time, thereby skyrocketing the prices of all goods and services, including transportation costs and costs of farming inputs. [/b]But somehow, you expected farmers and supermarket owners to maintain similar prices prior to your ill-timed policies. Even construction costs for already awarded road projects increased and they had to undergo contract variation. The Thailand and U.S rice he is importing today are only cheaper because of a deliberate policy of support and subsidies from their nation's government over a long period of time. All investors who invested in rice mills are counting their losses. What Nigerian sector is currently doing well today with government support and what is our competitive export advantage? Even Dangote Refinery is being sabotaged with fuel imports due to their vested interests in Malta Refineries. These importation policies are good for short-term optics but it will cost us in the long-run, just like the policy of negotiating with bandits up North to gloat about "peace" while the "repentant" bandits migrate down South.

What pushes inflation and high price of goods is more money in circulation pursuing few goods and not the nonsense you post out there.

The abnormal inflation we experience was due to the over printed naira that exceed the cap of way and mean to the tune of over 20trillion naira in an economy of annual budget of merely 18 trillion during Buhari.

The misallocation of resources and deliberate diversion of foreign aids to the north who are less productive like it's southern counterpart are the major reason for food inflation.

Anchor borrowers money was channelled majorly to the north and emphasis was placed on massive rice production but because the people didn't cultivate any rice, the price skyrocketed to 120k for 50kg.

This was a time when the northern terrorist were collecting levy from farmers and sacking communities who are predominantly farmers

Making excuses for the North betray your patriotism and only show your tribalism and born to rule mentality that exist among some clique of northerners like you.

Tinubu has proven for the first time in the history of Nigeria that price of goods that goes up can actually come down, I can't help you if you can't see it

Zionmdde:
What brand of rice is 50k? That's not a tough question is it?

But tinubu has repeatedly mentioned Nigerians are suffering and are in pains because of his policies. So do we believe tinubu or do we believe his asslickers?

Point of correction, I owe no loyalty to any politician and am not very passionate about who becomes the president, I guess that's the difference between and you tinubu worshippers

Your question is a testimony that you havent bought rice this December.

Nigeria is over 200m people, let your statement be judged by Nigerians who are experiencing first hand drop in price of items.

Buckle up your hustle so you won't depend on SM for the price of staple food such as rice

seunmsg:
Except you’re buying at an expensive elite market, there is no N80k rice again. A bag of rice is generally at an average cost of N55k today.

You people eat lies for breakfast.

In which market and like someone asked, which brand is 55k?

PulaPower:
Where I dey buy rice from, it’s about 35k per bag! My choice precisely..

But I’ll be the one transport it home

Oga easy with the lies. Who is selling my choice for 35k

nedu666:
Oga easy with the lies. Who is selling my choice for 35k

They do

At Benin 🇧🇯

Ttalk:
Your question is a testimony that you havent bought rice this December.

Nigeria is over 200m people, let your statement be judged by Nigerians who are experiencing first hand drop in price of items.

Buckle up your hustle so you won't depend on SM for the price of staple food such as rice

So we should not believe tinubu's statement right?

I guess if you get to the closest market around you and yarn this rubbish you will likely return with some patches here and there on your head

Lol, double my hustle to buy rice, internet enables a lot of nonentities to open their mouth wide to people they cannot stand in real life

The demons in government that made this evil on food security should be ashamed of themselves.

samstandard:
In Nigeria, the price of rice has always followed an upward trend — especially during the Christmas season.

Every year, as demand increases during the festive period, the price of a bag of rice rises sharply. What many Nigerians see each December is not sudden; it’s part of a long-standing pattern driven by high demand, inflation, transport costs, and policy shifts.
Here’s a simple breakdown of how the price of a 50kg bag of rice has increased over the years:
2015 — ~₦10,000
2016 — ~₦13,000
2017 — ~₦16,000
2018 — ~₦18,500
2019 — ~₦19,500
2020 — ~₦26,000
2021 — ~₦30,000
2022 — ~₦35,000
2023 — ~₦50,000
2024 — ~₦85,000–₦120,000
2025 — ~₦60,000– 80,000

But a closer look at the price trend shows that in this year (2025), the price went down.

This hasn't happened in a long long time.

Is this Tinubu effect or what?

Yeah, the Tinubu effectively that saw rice double in price after Tinubu was sworn in

seunmsg:
Except you’re buying at an expensive elite market, there is no N80k rice again. A bag of rice is generally at an average cost of N55k today.

If you try to sell at 55k in Benue state, you'll have to wait for your ancestors to come patronize you. It's been sold for 39k max right now. it was 45k three weeks ago.

omenka:
If you try to sell at 55k in Benue state, you'll have to wait for your ancestors to come patronize you. It's been sold for 39k max right now. it was 45k three weeks ago.

Very true. I was in Makurdi around September and I bought a bag of locally grown and polished rice for 40k. The N55k I’m talking about is just me trying to tame an average of different brands from different markets in the country.

Zionmdde:
So we should not believe tinubu's statement right?

I guess if you get to the closest market around you and yarn this rubbish you will likely return with some patches here and there on your head

Lol, double my hustle to buy rice, internet enables a lot of nonentities to open their mouth wide to people they cannot stand in real life

Ogbeni show the receipt of the rice you bought this December and stop Cho cho cho

Ttalk:
Ogbeni show the receipt of the rice you bought this December and stop Cho cho cho

Only poor men wait for December to buy rice. Don't you eat rice in your house on other days? Work on your mentality, poverty mentality is nothing to be proud of

A bag of Nigerian rice is sold presently in Onitsha
at the rate 34000 to 38000, I don't know of foreign rice because I stopped eating it for years now

tunjijones:
Minimum wage was 18k then. Minimum wage is 70k now bro.

How much were you making then, how much are you making now?
Has it increased by 3 times?
Just because minimum wage tripled doesn’t mean a professor or soldiers salaries tripled

No

samstandard:
In Nigeria, the price of rice has always followed an upward trend — especially during the Christmas season.

Every year, as demand increases during the festive period, the price of a bag of rice rises sharply. What many Nigerians see each December is not sudden; it’s part of a long-standing pattern driven by high demand, inflation, transport costs, and policy shifts.
Here’s a simple breakdown of how the price of a 50kg bag of rice has increased over the years:
2015 — ~₦10,000
2016 — ~₦13,000
2017 — ~₦16,000
2018 — ~₦18,500
2019 — ~₦19,500
2020 — ~₦26,000
2021 — ~₦30,000
2022 — ~₦35,000
2023 — ~₦50,000
2024 — ~₦85,000–₦120,000
2025 — ~₦60,000– 80,000

But a closer look at the price trend shows that in this year (2025), the price went down.

This hasn't happened in a long long time.

Is this Tinubu effect or what?

Your mumu is too deep.
From 19500 to #120,000.00 tinubu horrible effect

Did you mention FUEL SUBSIDY REMOVAL

Did you mention NAIRA SUBSIDY REMOVAL


These 2 subsidies have been choking our expenditure up to 97% for YEARS!

And ALL the 3 Presidential candidates agreed that subsidy removal is necessary .

We keep quoting price up and down and abusing the government BUT we forget that subsidy has been removed which we expect the situation that we are facing now in the mean TIME.

Did you mention FUEL SUBSIDY REMOVAL

Did you mention NAIRA SUBSIDY REMOVAL


These 2 subsidies have been choking our expenditure up to 97% for YEARS!

And ALL the 3 Presidential candidates agreed that subsidy removal is necessary .

We keep quoting price up and down and abusing the government BUT we forget that subsidy has been removed which we expect the situation that we are facing now in the mean TIME.

Did you also mention Minimum wage increase??!

Zionmdde:
Answer the first question, what brand of rice is 55k?

So according to you standard of living is better today than when tinubu took over?
But the tinubu in his speeches acknowledges thar Nigerians are going through pains and hard times because of his policies.
So who should we believe, tinubu or his asslickers.

Point of correction, am not very passionate about who is the president, and not loyal to any politician the way you guys asslick your political gods

You forgot SUBSIDY REMOVAL that ALL Presidential candidates agreed to remove??

Tinubu was the ONLY Candidate with balls to remove the Cancer (Subsidy) thats been chocking Nigeria.

Zionmdde:
Only poor men wait for December to buy rice. Don't you eat rice in your house on other days? Work on your mentality, poverty mentality is nothing to be proud of

A rich man complaining of 50k rice, the joke is on you. How much did you buy the rice you are crying about that it is too expensive?

tiger28:
You forgot SUBSIDY REMOVAL that ALL Presidential candidates agreed to remove??

Tinubu was the ONLY Candidate with balls to remove the Cancer (Subsidy) thats been chocking Nigeria.

With the removal of the cancer, what has the ordinary man on the street benefitted?

Lest you forget what subsidy removal means. It means the help Nigerians were getting from government was eliminated, without anything in return

Zionmdde:
With the removal of the cancer, what has the ordinary man on the street benefitted?

Lest you forget what subsidy removal means. It means the help Nigerians were getting from government was eliminated, without anything in return

If you think any government would have retained fuel subsidy then I shouldn't be having conversation with you because you have a special orientation to get out of such mentality. It again reveals your lever of understanding of Nigeria economy

samstandard:
In Nigeria, the price of rice has always followed an upward trend — especially during the Christmas season.

Every year, as demand increases during the festive period, the price of a bag of rice rises sharply. What many Nigerians see each December is not sudden; it’s part of a long-standing pattern driven by high demand, inflation, transport costs, and policy shifts.
Here’s a simple breakdown of how the price of a 50kg bag of rice has increased over the years:
2015 — ~₦10,000
2016 — ~₦13,000
2017 — ~₦16,000
2018 — ~₦18,500
2019 — ~₦19,500
2020 — ~₦26,000
2021 — ~₦30,000
2022 — ~₦35,000
2023 — ~₦50,000
2024 — ~₦85,000–₦120,000
2025 — ~₦60,000– 80,000

But a closer look at the price trend shows that in this year (2025), the price went down.

This hasn't happened in a long long time.

Is this Tinubu effect or what?

I bought a bag of rice for 51k here in owerri

Zionmdde:
Answer the first question, what brand of rice is 55k?

So according to you standard of living is better today than when tinubu took over?
But the tinubu in his speeches acknowledges thar Nigerians are going through pains and hard times because of his policies.
So who should we believe, tinubu or his asslickers.

Point of correction, am not very passionate about who is the president, and not loyal to any politician the way you guys asslick your political gods

Is not about one big name. I bought a bag of rice for 51k last week. It was very nice, tasty also.

Ttalk:
If you think any government would have retained fuel subsidy then I shouldn't be having conversation with you because you have a special orientation to get out of such mentality. It again reveals your lever of understanding of Nigeria economy

Lol
I am closer to the heart of Nigerian economy than you can ever think. And it's you that refused to read to understand.

Nigerians paid 165 for fuel
You made a policy and now they pay 900 for fuel.
My question is, what have tinubu done for ordinary Nigerians to make up for this increased cost of living,?

I have not told you subsidy removal is wrong ooo. But you refused to read and understand

Ttalk:
A rich man complaining of 50k rice, the joke is on you. How much did you buy the rice you are crying about that it is too expensive?

So according to you, rich men should never complain about high cost of living. It's not their business if other Nigerians are suffering. See the kind of things that call themselves tinubu supporters.

Very selfish set of things

system21:
APC is a wicked political party

APC is not just a wicked political party; it is a terrorist organization

Zionmdde:
Lol
I am closer to the heart of Nigerian economy than you can ever think. And it's you that refused to read to understand.

Nigerians paid 165 for fuel
You made a policy and now they pay 900 for fuel.
My question is, what have tinubu done for ordinary Nigerians to make up for this increased cost of living,?

"You are close to the economy of Nigeria than me"?

Whatever that means can only come from someone struggling for attention. Your mindset and writing has clearly defined your capacity, you can't fake your personality.



I have not told you subsidy removal is wrong ooo. But you refused to read and understand

It is only a mediocre that goes about on SM claiming he is richer or knowledgeable than someone else.

The discussion is about price of rice coming down to 50k which you disputed, but many people here have shown you are just lying and it hurts you so much to admit the price of rice has gone down. You can deal with whatever bitterness you harbour in your heart it's none of my business [img][/img]

Ttalk:
It is only a mediocre that goes about on SM claiming he is richer or knowledgeable than someone else.

The discussion is about price of rice coming down to 50k which you disputed, but many people here have shown you are just lying and it hurts you so much to admit the price of rice has gone down. You can deal with whatever bitterness you harbour in your heart it's none of my business [img][/img]

And I asked you a simple question you have refused to answer, what brand of rice is 50 or 55k?

Bitterness? For what exactly? That more people can conveniently afford food items or what. Oga answer the question and stop running around.

Me too, I have one or two rice to buy, give me the 50k brand lemme go and look for it

If you want the price of rice to go down, you got to be a productive nation.

You improve your forex level, and by extension your naira currency level by exporting more than you import, and by exporting things whose prices your country controls, not some foreign market or clearing house in London or Paris

You also improve rice production. At best, our farmers cannot meet local needs, even if we took away problems like insecurity, bad transport links, and so forth. (And even then, unless we do massive irrigation, we can't compete with thailand and brazil that can grow rice effortlessly without any issues, year round.). That means large scale mechanized farming.