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FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods (30021 Views)

Hardship: Sanwo-olu Urges Agro, Food Processing Companies To Crash Prices / Government To Release Food Items From Reserves To Crash Prices / Lagos Gives Traders At Computer Village POWA Complex 24 Hours To Vacate Property (2) (3) (4)

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Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by ArcSEMPECJ(m): 7:06pm On Aug 29
They copied this action from the advic of Peter Obi, but their mistakes always end up where Peter Obi hid his blue print .......

Lols, even a Basic 1 pupil in school knows by arithmetic and verbal reasoning, that Federal Government is on kolos.....

When one has a chimney at home,....there will always be lack of woods ....lols

1 Like

Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by ufotunang: 7:07pm On Aug 29
Incompetent and dull people in government....just reduce the price of fuel and disel and you will see that the price of foodstuffs and goods will reduce and come down,.it's the high costs of transportating this foodstuffs goods to the market that is causing the high costs of food stuffs and goods in the market... simple
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by ufotunang: 7:09pm On Aug 29
Scatterscatter:
I feel like giving this man a โ€œbig konkโ€ on his head.
FG keeps increasing Custom duty + all the shenanigans that happens at the Port, yet you want the price of imported commodities to be cheap.

This people go just smoke Igbo finish start to dey talk anyhow.๐Ÿ™„
m.abi..and the high costs of fuel and disel which the federal government increased also increased the price of foodstuffs and goods in the market

1 Like

Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by ufotunang: 7:10pm On Aug 29
Babaken:
The market association is giving fg 2 weeks to reduce dollar and import duty
..and also giving federal government 2 weeks to reduce the price of fuel

1 Like

Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Omalicious1: 7:11pm On Aug 29
nlfpmod:


https://nairametrics.com/2024/08/29/inflation-fccpc-gives-traders-one-month-deadline-to-crash-prices-of-goods-across-nigeria/

I could bet their focus would just be in Abuja and Lagos (with focus on shopping malls)...I really wish they could visit markets too
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Subonbon(m): 7:12pm On Aug 29
grin
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by ufotunang: 7:14pm On Aug 29
Beremx:
Tomatoes and peppers don full everywhere for market yet it's still expensive
..it's until the price of fuel and disel is reduced and come down that is when the price of pepper and tomatoes will reduce and come down.. for it's the high costs of transportating this pepper and tomatoes to the market that is causing the high costs of pepper and tomatoes

1 Like

Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by chyzoo4u(m): 7:16pm On Aug 29
It's hard to believe that Ninja blender is sold close to a million in any supermarket in Nigeria. Just a quick search on Google shows that it's sold @ N120k on Jumia.

By the way the only way to crash prices of goods is to have naira appreciate significantly, asking people to crash the prices of their goods can never work.

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Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by ufotunang: 7:16pm On Aug 29
[quote author=wales4real post=131753525]Way to go. No price control everyone just ripping each other off.[/quote..let the federal government reduce the price of fuel and disel and the prices of foodstuffs and goods will reduce and come down..it's the high costs of transportating this foodstuffs and goods to the market that is causing the high costs of food stuffs and goods
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Jman06(m): 7:17pm On Aug 29
This price control drive is very necessary to help check greediness on the part of traders.


Endorsed
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Rybnyk(m): 7:18pm On Aug 29
nlfpmod:


https://nairametrics.com/2024/08/29/inflation-fccpc-gives-traders-one-month-deadline-to-crash-prices-of-goods-across-nigeria/

Hmm. As they are issuing the deadline, they should also do something about the import duty traders have to pay. The cost of transportation,fuel price and all. Traders are not selling because it's an extracurricular activity,they also want to make profit...

2 Likes

Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by AgentGoat: 7:19pm On Aug 29
Bullshiit!!!
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Sicilyjoe: 7:22pm On Aug 29
Goof way to go, over greedy will kpai some stupid selfish set of people,
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by MVLOX(m): 7:25pm On Aug 29
This one think say na to just talk..... Go crash the prices na...
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Shikena(m): 7:39pm On Aug 29
ITK, I understand that and I know that is not the fully story. This is not your high school economics, and that's why you hear experts say Nigerian factor defies economic logic grin

MrRichmond:


They blame FG because their economic policies are making things hard for manufacturers and farmers.

These people have no choice but to raise their prices to meet their own business costs.

Learn economics!
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by jaxxy(m): 7:44pm On Aug 29
Or what will happen? is that how they crash food prices?? undecided
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Ebeano49(m): 7:48pm On Aug 29
If you see a product with such a high mark up, then start importing it yourself and sell at a cheaper rate.
Abi you sef no wan make money?

Price control is a silly idea.

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Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Undisputed13: 7:55pm On Aug 29
I thought government said food prices crashed
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by CJStarz: 7:56pm On Aug 29
DispatcherLagos:
grin
Can I at least laugh at this cock and bull story?
Make I follow you laff๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by ABIODUNOLAOPA1(m): 7:58pm On Aug 29
Government is giving people ultimatum to dispose their goods below their cost price. Imagine the joker that squeezed people with satanic taxes and import duties just to increase IGR without adding value to businesses just for him and governors to have more money to steal without minding the consequences of his devilish policies. Cost of transportation has gone up and the foolish old man want to place control on prices for traders. Very empty fellow

2 Likes

Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by CJStarz: 7:59pm On Aug 29
See dem
So Ninja blender take leg Waka from US come Naija and so dem suppose sell am cheaper?
Mumu pipul for government. How much be flight ticket or shipping charges?
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Zannix(m): 8:01pm On Aug 29
Pls can they be specific...I want to check something grin

My container still dey high sea oo...

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Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by SirLakes: 8:02pm On Aug 29
crash price of fuel and dollar..... and see wonders

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Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Uncletony(m): 8:02pm On Aug 29
Every olaniyi should get appointment irrespective of their qualifications and mental capacity!
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by obotematics: 8:15pm On Aug 29
What about price if Garri?.Garri?
Garry?
Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Tochi3(m): 8:19pm On Aug 29
..fooolish batstards

..dem destroy everything..now they want to use mc Oluomo thugs to steal the businesses of hardworking Nigerians.. grin grin

..at the end they will target Ndigbo businesses..

..thieves..

2 Likes

Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by Blazetrailer: 8:21pm On Aug 29
Lol! Nigeria is actually on the cruise.......hear a so called "technocrat" talking... grin grin grin grin

You see all those overated "Lagos boys" or "Boudillon Technocrats" as they call them are all empty headed buffons who just found themselves in power and used all their gra gra to corner all Lagos state government assets.....this dude Bello, Cardoso, the Minister of Finance, Alake, Muri Okunola, etc are complete dopemus..... you will find out they are all empty headed when you get to engage them on a serious discussion....you will wonder where the so called "brilliance" is??

All na propaganda. Carry the people on handicap

2 Likes

Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by PARADIZEPRIEST: 8:23pm On Aug 29
Na you give them money to buy goods undecided Ole! Wey ya govt 25k rice na that are in 26trucks per state

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Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by travelzcruix: 8:26pm On Aug 29
What is this one talking self. Mtchew

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Re: FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods by freemanq(m): 8:27pm On Aug 29
We give fg 1 week to reduce price of fuel to 200 per liter

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