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Nairaland Forum / Nairaland / General / Food / What Is The Reason Behind High Cost Of Beans (27961 Views)
Lady Shows Off Tomatoes And Peppers She Bought For 7k, Laments About High Cost / 3 Affordable Protein Foods To Consider As Price Of Beans Soars / See The Bag Of Beans I Bought For 44,000 In Nasarawa State. (2) (3) (4)
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What Is The Reason Behind High Cost Of Beans by Northernblood9(m): 1:11pm On Jun 09 |
Can someone tell us the reason why beans is being sold for 7k - 8k for 1 custard paint in Ughelli, Delta State? I don't just get 22 Likes 3 Shares
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Re: What Is The Reason Behind High Cost Of Beans by Nice2023(m): 1:13pm On Jun 09 |
Hmm |
Re: What Is The Reason Behind High Cost Of Beans by Bobloco: 1:18pm On Jun 09 |
Tinubu's calamitous economic policies 188 Likes 11 Shares |
Re: What Is The Reason Behind High Cost Of Beans by PresidObi: 1:19pm On Jun 09 |
Governmental incompetence 92 Likes 6 Shares |
Re: What Is The Reason Behind High Cost Of Beans by Madewithlove: 1:19pm On Jun 09 |
It's planting season now in the north and only few people can farm, high cost of pesticide and fertilizer, you pay tax to the government, boko haram and bandits. 168 Likes 11 Shares |
Re: What Is The Reason Behind High Cost Of Beans by PresidObi: 1:21pm On Jun 09 |
Madewithlove: This is not the first planting season in Nigeria, just blame government incompetence. We warned you all. 294 Likes 15 Shares |
Re: What Is The Reason Behind High Cost Of Beans by Northernblood9(m): 1:22pm On Jun 09 |
I will suggest that Nigerians boycott some of these perishable foods. Let these greedy farmers suffer heavy loss. It is not proper that federal government will fund these farmers to encourage self sufficiency but yet, these greedy bastards will still make these foods non affordable for common man 64 Likes 8 Shares |
Re: What Is The Reason Behind High Cost Of Beans by BossGerald: 1:22pm On Jun 09 |
All these killing of farmers and destruction of farmlands by herdsmen, you no hear am?? Do you know how many farmers that were killed this year alone? Or you think beans fall from heaven ![]() While Tinupoo ask where are the cows 58 Likes 4 Shares |
Re: What Is The Reason Behind High Cost Of Beans by Northernblood9(m): 1:25pm On Jun 09 |
PresidObi: I don't support Tinubu at all but I think that farmers are the ones exploiting nigerians. Southern part of the country is safe but yet, Garri keeps hitting new high weekly. 79 Likes 6 Shares |
Re: What Is The Reason Behind High Cost Of Beans by PresidObi: 1:26pm On Jun 09 |
Northernblood9: Maybe you don't live in Nigeria? 31 Likes 4 Shares |
Re: What Is The Reason Behind High Cost Of Beans by FourQu: 1:26pm On Jun 09 |
Everybody was fixated on the price of rice meanwhile beans was in the background waving 👋 shouting 'Hiii' ![]() We are teaching igbos political lessons ![]() 122 Likes 8 Shares |
Re: What Is The Reason Behind High Cost Of Beans by Beremx(f): 1:35pm On Jun 09 |
Northernblood9:instead of blaming farmers for the high cost of food, why not blame government for not providing security for farmers to go farm? Why ignoring the problems when they're not unknown? 58 Likes 3 Shares |
Re: What Is The Reason Behind High Cost Of Beans by ezegold4we: 1:35pm On Jun 09 |
Tinubu is doing great, The Tinubulation must continue Everybody must be served. 41 Likes 4 Shares |
Re: What Is The Reason Behind High Cost Of Beans by Judgementa1: 1:37pm On Jun 09 |
Beans are been exported out of the country to Niger. Reason been that Nigeria beans is now cheaper because of the country currency devaluation. That why the price of beans went up after border was reopen. 33 Likes 3 Shares |
Re: What Is The Reason Behind High Cost Of Beans by Northernblood9(m): 1:44pm On Jun 09 |
Judgementa1: This explanation is reasonable. I wish Federal government will be useful for once and stop such. We can't be sponsoring the whole of Africa. Billions are thrown into farming yearly but it is our neighbours that enjoys it. So sad 27 Likes 3 Shares |
Re: What Is The Reason Behind High Cost Of Beans by Usmanovic95(m): 1:53pm On Jun 09 |
Judgementa1: No lies,most of our farmers are cashing out selling off their harvest to neighbouring countries and as export because they will gain more when compared to selling at the local market. I think it's also same reason why garri is expensive, foreign investors now buy all the cassava harvested with a price farmers can't turn down. 22 Likes 3 Shares |
Re: What Is The Reason Behind High Cost Of Beans by ambale(m): 2:47pm On Jun 09 |
Northernblood9: So we should start eating sand abi? Businesses are out to make profit, how blind are you guys to this The government needs to enable her citizens to face the challenge of having businesses dictating price Abi u wan make people run out of business because they want to see you eat? 11 Likes 1 Share |
Re: What Is The Reason Behind High Cost Of Beans by richiemcgold: 2:51pm On Jun 09 |
Usmanovic95: We need to produce in excess. For instance, the volume of rice produced in Thailand can feed the entire west Africa. Mrincredy: I know what I'm saying. Google is your friend if you think I'm wrong. Thailand produces an average of 23 million metric tons of rice annually. Nigeria, the most populous country in west Africa, consumed 6.7 million metric tons annually. Where do you think most of the foreign rice Nigerians consume come from? Don't be ignorant pls. 👇👇👇 27 Likes 1 Share
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Re: What Is The Reason Behind High Cost Of Beans by ambale(m): 2:51pm On Jun 09 |
Northernblood9: You lack understanding of how businesses are run, if not you wouldn't say this Do you know the cost of maintaining a business in Nigeria now, is like triple your income, transport cost, general maintenance, and other expenses we've not even talked about the profit of the business ooo And you want them to keep things down I'm still surprised that a nation would allow its government to keep them in poverty and still cheer that same government We need enablement from the government You can't expect me to use my business do charity for you now 28 Likes 3 Shares |
Re: What Is The Reason Behind High Cost Of Beans by ambale(m): 2:53pm On Jun 09 |
Usmanovic95: And is their any law against that? Didn't Dangote also say he would export his oil? Na enablement the country needs now If you are anything to do with logistics now, body go tell you Continue blaming yourselves and leave the main culprits as sacred cows you hear 8 Likes 1 Share |
Re: What Is The Reason Behind High Cost Of Beans by Justnation: 2:58pm On Jun 09 |
That is The result of agbado politics, emilokan economics, "1st class chartered accountant ' monetary and physical destructive policies. 12 Likes 1 Share |
Re: What Is The Reason Behind High Cost Of Beans by Nonny95: 3:00pm On Jun 09 |
Judgementa1: Your jagabandit was gallivanting for Investors. Beans investors have arrived and you're still crying? 11 Likes |
Re: What Is The Reason Behind High Cost Of Beans by Usmanovic95(m): 3:23pm On Jun 09 |
ambale: The impartiality on the side of the government Is what I feel is costing us. Government shutting southern borders and northern border is not fair enough. If the government open up the southern border and there is an influx of foodstuffs to Nigeria, it should bring down the the price of foodstuffs here. The temporary solution is for either the government to shut down northern border so farmers can sell to local market,or open up southern border so southerners can bring in food from neighbouring countries. 8 Likes 1 Share |
Re: What Is The Reason Behind High Cost Of Beans by Usmanovic95(m): 3:30pm On Jun 09 |
richiemcgold: Under stable condition, I think we can produce what should be self sufficient for us and few to export but with emergence of bandit and other violent Non state actors in recent years,it hAs weigh our farmers down to abandon their farmlands for their safety. 6 Likes 1 Share |
Re: What Is The Reason Behind High Cost Of Beans by Teetee777: 3:57pm On Jun 09 |
Normally, beans used to be expensive at 3 to 4 years intervals and the inflation of the country added more to it this year. So by August of this year, the new beans will be coming out from niger republic before the harvest period from Nigeria in Nov. The beans were also too expensive 3years or 4yrs ago if I didn't mistakenly. All the grains will be coming down in the harvest period from August to December before we will witness another scarcity during the off-peak period in next year. 2 Likes |
Re: What Is The Reason Behind High Cost Of Beans by AcadaWriter: 4:14pm On Jun 09 |
politician 's calamitous economic policies 2 Likes |
Re: What Is The Reason Behind High Cost Of Beans by Beautifulday: 4:15pm On Jun 09 |
High demand and low supply. It seems harvest wasn't that good this year. You deu talk bean. You don price tomatoes recently? 1 Like |
Re: What Is The Reason Behind High Cost Of Beans by Bullfallo(m): 4:25pm On Jun 09 |
5000 cfa which was 1000 naira Moved to 1000 cfa to 3000 naira. 200 naira to 1$ Moved to 1700 naira to 1$ Naira is the worst performing currency in the world. Things are expensive because of inflation. 11 Likes 1 Share |
Re: What Is The Reason Behind High Cost Of Beans by mrvitalis(m): 4:27pm On Jun 09 |
Northernblood9:90% of beans come from Niger They blocked export to Nigeria that's why Same with goats n cows 7 Likes |
Re: What Is The Reason Behind High Cost Of Beans by IAmHim1: 5:29pm On Jun 09 |
CBN is getting it all wrong. --- Increasing interest rate is the least of Nigeria's Problem --- Increasing the fractional reserve ratio IS ALSO the LEAST of Nigeria's Problem What exactly is Nigeria's Problem Economically speaking?? 1) Farmers don't plant enough to go round 2) Too much money in circulation via loans. I've created a way to solve that already https://www.nairaland.com/8101772/nigerias-inflation-introduction-subsidy-old 2) The available food crop then acts like a mop to absorb the excess money in the economy And guess what? Food price rises. Understand this: ITS NOT the price of food rising. ITS THE VALUE OF MONEY DECLINING Minimum wage has increased but Boko Haram hasn't been tackled so Farmers cant return to their farms. Now what exactly is the minimum wage going to do?? You have physical money but you don't have physical food because insurgents are driving your Farmers away from their farms The excess.money now goes into importing food further reducing the value of our naira. And you hear people complain months after that the new minimum wage isn't enough I detailed this here https://www.nairaland.com/8081414/nigerias-inflation-state-federal-governments THE ELEPHANT IN THE ROOM regarding Nigeria's economic mess IS KNOWN. EVEN THE BLING CAN SEE IT CLEARLY Fix this and a 50kg bag of rice becomes #25000 or less before December 2025 https://www.nairaland.com/8107351/nigerias-govt-alternative-minimum-wage Good luck! 5 Likes 1 Share |
Re: What Is The Reason Behind High Cost Of Beans by BigYash: 7:06pm On Jun 09 |
Search for the word Tinubulation. Connect the dots and you will see why garri is now competing with rice.. 1 Like |
Re: What Is The Reason Behind High Cost Of Beans by ambale(m): 7:07pm On Jun 09 |
Usmanovic95: You are not far from the truth I always tell people that the day people start feeling advantaged being a Nigerian, we begin our to prosperity Imagine a country where you need connection to live a better life Basic life is now out of reach of the middle income earners God help us sha 2 Likes |
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