₦airaland Forum

Student should start cocoa farming.

Waste of time.
Let's have a bbN show for governance and watch Nigeria develop.

Downey:
If you take one hour or two Hours each day learning Coding for 3 months...l think you've just did yourself a great favour of Life. Instead of watching one immorality show.

even if one breaks(dehusks) melon for 3 month, 1 hr a day, it is better than this.

When supply of produce reduces, this is the result. God help us all.

kolamilan:
You have to consider the sudden price increase of diesel. Many factories and companies operate mainly on diesel.

cows don't.
Phone accessories are imported and prices on Intl e-commerce sites like aliexpress and eBay are still where they were. Only dollar rate changed and it is about 50% increase.
Bike men use petrol which is still being heavily subsidized last I checked.
Only the detergent example is applicable to your argument. Let's not support overdoing of something as sensitive as pricing of basic commodities.
In UK, a popular chain distributor removed Heinz branded product from their shelve because they overdid their increase.

AmGreat1234:
Most people on social media are guilty of this, especially those supporting Tinubu and Atiku. I'm OBEDIENT, therefore, I'm not guilty.

Most people are guilty because they support along tribal lines. You are guilty.

Can IPOB threaten even Yusuf Buhari without being wiped out?
Just go ahead and grant that amnesty you want to grant them then watch insecurity enter a whole new level.

jmoore:
Those who don't run a business forming an opinion on how those who run businesses should charge.

That isn't the case here. Some are down to middlemen. Like that of detergent. The producers reduced from ,190g to 160g and maintained the price but middlemen jerked up prices still.

TarOrfeeek:
Omo

This one is much na

Can only be Access bank.

Lol.

Seems Jesus is taking the exchange rate up to heaven before taking humans.

Acidosis:
Not exactly, bro. Petrol is not the only input. From a business perspective, you have to consider the cost of bikes (for new riders), cost of maintenance and repairs (for older bikes), cost of 'engine oil,' and spare parts. The rider is human too, consider human capital, his rent, daily food expense required to ride properly, and tax. All these have increased in tandem with the rising inflation. The fuel is not the primary input here but the human capital.

Apply this explanation to the rest.

You also have to understand that inflation is driven by pressures on the demand and supply side of the economy. Demand-driven is the most common.

I understand your point and must admit it is valid but the difference between 29% and 100% increases cannot be explained entirely with those factors.

Thomthom:
Effect of Leaders that don't even know the reasons their there.. But to win election..

what about those who preferred a failed gov go another 4 years. 4 + 4 now feels like 32 years.

hisgrace090:
It is a miracle i may say, prices of goods have increases uncoutable times without any inrement to this low salary earners.

Worst is that i never hear mr president say anything about this high poverty rate in the country as they tax everything mercilesly without looking back.

Where is Buhari economic team?

4 + 4 feels like 32.

inoki247:
Abi himself go lobby for appointment even if na Okada Park appointment since he like driving Okada up nd down

He now knows how sweet power is and want to remain there.

This has proven all the waste of funds to buy Tucanos was just because of who controls the military using it and not for terrorists.

I believe we are all aware of the current wave of inflation or price increase of basic necessities.
I have come to the observation of excess price increase among Nigerians that's not in tandem with input material increases. I will give some personal examples to buttress my point.
Example One - We all know petrol has gone up from around N170 to around N220 per litre on the average. Now that's a 29.4% Increase in basic input for transporters, but a motorcycle ride of N50 is now N100. That's an 100% increase and not in sync with petrol price increase.

Example Two - I buy USB cable once in a while and we all know these thing are imported so depend on forex exchange rate. The issue is a cable of N250 is now N800 and in some instances even lower in quality.
That's a 320% Increase in response to a less than 50% increase in forex rate.

Example Three - Detergent of 190 grams going for N110 is now 160 gram and going for around N180. When you check well the overall increase doesn't correspond to the forex rate increase which affects basic cost of imported raw materials.

Example Four - Cow Beef. Yes, cow beef.
We all know most cows graze on grass and their transportation cost increases are marginal. But then cow sellers have adjusted as though they are feeding on human food that has doubled in prices. Now that's a little bit out of place if you ask me.

Price increase is necessary to keep business afloat when input cost increases but then not in a greedy manner that will come back to hurt too many people.
At this point, I like to call upon consumer protection and market regulation agencies to act. They aren't created to complain about DSTV and MTN price increases alone like South African businesses are the only foreign investments in Nigeria

Thank you.

Nigeria is hard but not a good enough reason to turn towards yahoo yahoo menace.
Money is sustained in value by a constant production cycle and your choice of going into fraud is like choosing to reduce what is produced to back up money generally while running after money blindly thereby aggrevating the current cost of living crisis.
Look for something you can do very well and seek help to get started with it. From food, transportation, telecom, technician, to energy, ther e must be something you can do well and succeed. Nobody holds the title of job creator in the society.

nifemi25:
So whats the essence of killing your hubby and committing suicide?

did the husband die? I doubt so.

In the hay days of PDP it isn't uncommon for them to share 1500 Naira hastily to solidarity protesters in Abuja. It is part and parcel of Nigerian politicking.

Always separate your assumptions and intuition from experiences and what you know. The wider the gap, the more carefully you will tread.

sukkot:
In civilized countries, the rate at which your students pass out and graduate is testament to how great and efficient you are as a lecturer and so a professor in harvard would say I AM A GREAT LECTURER BECAUSE ALL MY STUDENTS PASSED AND GRADUATED.

This is the bragging rights of any professor in civilized countries.

Meanwhile this failure of a professor in Nigeria bragging right is how many students fail his class and drop out of the department and get kicked out of the university. This is the bragging right of this failure who is too brain dead to understand that if most of your students are failing and being kicked out of the university it is a testament of how bad of a lecturer you are.

I hereby henceforth submit that all Nigerian lecturers should be put on a salary of 200 thousand a month because that is what they deserve. They dont deserve more than that until they can make sure that all their students graduate and know what they are doing after they graduate.

I share your sentiment.
200k is actually six times the basic minimum wage and I see no reason why people should have such disparity in earning yet shoulder comparable responsibilities.

Stephen2324:
I want to know something, what does a side chick offer that a main chick can't?

chick are not prototypes and therefore vary in what they offer.

tamdun:
Anybody above 62 is a disaster?then Let's dash obi the presidency since he's d only one below 62,just 1yr different from d age u called disaster, u get sense gan ni

he should be minister of happiness or youths and sports

I cannot imagine Dangote running for public office. I strongly feel Abiola must have involved in drugs.

Senseless state govt. If I am gov, before I even lease land to investors, Ondo state will have 45% stake in that venture. Even God knew land is an important Capital, He kept promising Abraham and his seed land flowing with milk and honey. Yet one yeye gov is busy ceding land flowing with marijuana to investors.

Anybody above 62 years of age is a disaster waiting to happen. Just look at biden, Putin and buhari or biya paul of cameroun. Collosal disasters.
Peter Obi is just lucky Igbos were revved up for 2023. He is a LGA chairman material. We need people like Akinwumi adesina or Akuyili(RIP) as prime ministers to chart a new course for us and not some African big man with bloated senses of accomplishments.

Lol.
So little PDP does sixteen, and like the movies she been seeing..

chigoziri2403:
I think you should be more concerned about what you wrote in your first paragraph

What you said there is more alarming than the maggots infested meat you bought

the poster was specific enough so you should be concerned about both paragraphs of yours.

famology:
Aregbesola killed Osun State. Oyetola must be really skillful to have managed to keep the state afloat. As we speak Osun is on negative federal allocation because debts are being deducted from source. Many people don't know the situation Aregbesola left Osun State. I just dey laff oooooo......the man has done his best, it's time to move on and allow Adeleke to also try. Let's see what Adeleke can do differently. I remember how soludo was making noise everywhere until when he saw the books his complaints started. Less than 6months he's demanding for a loan of 100billion naira already. Lol.......

Same kind of situation Buhari has put his successor in. The debt will inspire a similar blame of past govt by the next govt and Nigerians will be forced to revolt because the hardship will be so much that they will not want to wait until the next election to execute a change in direction of affairs.

Our case as a country is very sad.

I will delete poverty forever and embrace all the options.

1000 dollars is 15 times minimum wage. Can we say same of the advanced nations?

egunna:
true.there were those that had 16 years to build new refineries but didn't.if for 16 years they cudnt build or repair the available ones,don't u think its a bit insensitive to blame some one had 7 years?given the prevailing economic realities globally.

Buhari had eight years to build one. Dangote is doing it so why not Buhari?