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Nairaland Forum / Nairaland / General / Business / Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff (15315 Views)
Prices Of Foodstuff Drop Significantly – Survey / Dangote: "Kano & Kaduna Must Account For My Donations"; Gives Ultimatum / Prices Of Foodstuff Forcefully Reduced In Ekiti (2) (3) (4)
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Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by NtoAkwaIbom(m): 8:04am On Jun 08, 2017 |
ddd |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by hmbassey1960(m): 8:05am On Jun 08, 2017 |
The state Government shud give and igbo ultimatum to leave the state too arrogant set people, #TEAMONENAIJA# #HATEARROGANTIGBO# |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by 4Play(m): 8:12am On Jun 08, 2017 |
Normally, I will be against all manner of government-mandated price fixing but it looks like the government here is trying to curtail price fixing by a cartel. If the government can pull it off, that will be excellent. 1 Like |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by Nobody: 8:14am On Jun 08, 2017 |
Blue3k:They do dictate who sells in the market |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by Nobody: 8:14am On Jun 08, 2017 |
mykelmeezy:Those sellers are just wicked |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by maka2020: 8:16am On Jun 08, 2017 |
if they become Biafra na so so them go carry wekedness finish them self |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by Nobody: 8:17am On Jun 08, 2017 |
Sunnycliff:Didn't read were it stated that the union are preventing it? The only that law can work is were the union is checked or eliminated |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by Willie2015: 8:18am On Jun 08, 2017 |
specter: Threats and bans are just temporal, just make them irrelevant. What is required is a sustainable agric policy, it will cut the power of both middlemen and unions. - Govt partner with private firm to run farm settlements in their states - Govt have reserves and farm settlements supplies the reserves - Govt will have contract with small scale famers to supply products not available in farm settlement - Govt partner with private coys to create processing factories that can add value along the chain - Middlemen are cut off since these farmers have the option of selling directly to govt reserves or sell directly to processing factories at a fixed price. Example is the Dangote Tomato Paste factory sited in Kano beside farmers. - Any price increase by middlemen can be cut off with supply from reserves and vice versa for excess supply. 2 Likes |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by Konskott(m): 8:31am On Jun 08, 2017 |
Shouldn't government establish commercial farms in parts of the state for cultivation and production of cassava for garri, etc, rice, assorted fruit plants and other basic food crops, than sit in air conditioned offices to issue ultimatum? For decades now, it is Cross River State that has been feeding Akwa Ibom with garri. a staple food of Akwa Ibom people. Its bad. |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by Deeldorado: 8:35am On Jun 08, 2017 |
NwaObinkita: Yes, that makes sense. If they don't increase the price of their maize, they would not be able to afford other commodities they depend on that the dollar hike has affected. You don't expect them to keep the price of maize unchanged when the price of other commodities (affected by the dollar rise) they buy have risen. It will be foolish and suicidal. The scarcity of foreign exchange, coupled with the reckless CBN ban on some commodities from accessing the foreign exchange window could not have led to anything else but a general inflation. That's how the economy works. 1 Like |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by Nobody: 8:35am On Jun 08, 2017 |
For real? |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by whitering: 8:47am On Jun 08, 2017 |
BornAgainMay: Ayade is cross river governor. |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by Prudentialfrank(m): 8:49am On Jun 08, 2017 |
Mehn, that state happens to be the most expensive state to stay. My service year there was hell. My allawee doesn't even last for two weeks. |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by BornAgainMay: 8:53am On Jun 08, 2017 |
whitering: Yes Ben Ayade |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by holluphemydavid(m): 9:23am On Jun 08, 2017 |
good move,let federal govt to follow suit and make life better for common man |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by UnimkeAk(m): 9:30am On Jun 08, 2017 |
NwaObinkita:Fertilizers bought nko? |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by mikolo80: 9:34am On Jun 08, 2017 |
Talk True u fail econs abi its called demand and supply of substitute goods NwaObinkita: |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by mikolo80: 9:35am On Jun 08, 2017 |
Talk True u fail econs abi its called demand and supply of substitute goods.everything is intervened..less rice equals pressure on garri NwaObinkita: 1 Like |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by mikolo80: 9:38am On Jun 08, 2017 |
Buyers need to form union and buy in bulk smartty68: |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by 2T215: 9:39am On Jun 08, 2017 |
[quote author=Blue3k post=57301774] Source: http://www.premiumtimesng.com/regional/south-south-regional/233296-akwa-ibom-govt-gives-traders-31-days-ultimatum-to-reduce-price-of-foodstuff.html This is the height of insanity on the part of the government. You cannot control prices of item you do not produce. I hope they would tell Policemen to stop collecting "egunje" from transporters and disarm herdsmen from disrupting farming activities. I feel most times that those in government are under some kind of spell with the way to talk |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by mikolo80: 9:40am On Jun 08, 2017 |
If another person can source the stuff for 4k you r in the wrong bizness and should be exporting the populace with your laziness femiranking28: 1 Like |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by 2T215: 9:42am On Jun 08, 2017 |
mikolo80: take out time to plant maize and see how it works. What assistance has the government provide for farmers? All you hear is government is going to, government plans to, and you expect the farmer to produce with his sweat and sell it for pittance? I own a farm and i know what is cost to manage it.....farm produce can come cheap under the present circumstances. |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by mikolo80: 9:42am On Jun 08, 2017 |
What is 30000 minus 18000 is that profit or extortion.its like you enjoy suffering Thisis2raw: |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by mikolo80: 9:44am On Jun 08, 2017 |
We r mixed economy with crucial aspects (power,rail,land)under socialist mismanagement Sunnycliff: |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by UDIOK: 9:44am On Jun 08, 2017 |
Thisis2raw:Did you digest the news very well, if you skip some lines i advice you go back and read again now slowly..........To expansiate more The aide was saying that At Aba Crafish is cheaper than in Akwa ibom meanwhile the Aba people bought Crafish from Akwa ibom....The same Akwa ibomites that brought their crafish to Oilmill market in PH will sell it far cheaper than what you will obtain in Uyo this is because of Unionism |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by Junior66(m): 9:46am On Jun 08, 2017 |
NwaObinkita:Sorry no vex, but if u studied economics you would understand why farmers increase their prices too. |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by smartty68(m): 9:46am On Jun 08, 2017 |
mikolo80:They already have a union Bro. The union ain't even helping matters either and they're the ones even responsible for price hike on commodities. |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by engrjacuzzi: 9:51am On Jun 08, 2017 |
suffering in our land, God please help Nigeria. |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by mikolo80: 9:52am On Jun 08, 2017 |
I mean the market goers ,me and you not resellers smartty68: |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by mikolo80: 9:57am On Jun 08, 2017 |
I'm about to do just that only a mumu will still be a govt he has no stake in.de r not talking about farmers but traders I'm sure you didn't read the post for commenting. The farmer already sold for 18k and the unions want to force everyone to buy for 30k . 2T215: |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by smartty68(m): 10:02am On Jun 08, 2017 |
mikolo80:Lol! Sorry for the misunderstanding. Ok but the market goers has this "I don't care attitude". The union would rather be futile |
Re: Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff by Kirigidi(m): 10:30am On Jun 08, 2017 |
Sunnycliff:May be you did not understand the situation in the state. The market unions don't even allow traders who want to sell their goods at cheaper rate to sell at all. The unions determine the prices and force all members to abide by it, and if you are not a member you wont be allowed to sell in the markets. |
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