Stats: 3,189,305 members, 7,936,901 topics. Date: Sunday, 01 September 2024 at 07:18 AM |
Nairaland Forum / DMechyy's Profile / DMechyy's Posts
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 26 pages)
![]() |
rexbuton: Won You meant you won a lottery? |
![]() |
![]() |
I have read a couple of rejoinders and plenty expert economic analyst, explaining why the dollar rates is crashing, but prices of goods are still expensive. I find most of the analysis written like a terms paper, and with plenty statistics and really not relate able to the average Joe. Dollar to Naira was 1,700 to a dollar, but now at 1050. But prices arent crashing. I will give an importers perspective, on why this is happening, and when to expect prices to crash. 1. Averagely, it takes goods shipped through sea. 3 months to get to Nigeria from China. And a week, for Air goods (shipping cost for air goods are too expensive), most goods come through sea. What does that mean ; There are goods, bought, 1 month ago, before the crash in rates, that has not arrived yet. They will get here in June. Those are goods bought at 1,800 to a dollar Before we would experience a price change, it will take between 3 to 4 months from Now. Because goods bought at the current exchange rate, will only get here by July. What that means is, even though the rates are down, the products bought at those rates will only get here by July, practically, real price change will be experienced by then. On the condition that naira continues to gain between now and then. 2. Before the high exchange rates, most businesses were already looking for ways to increase their prices. Oftentimes, customers do not respond well to hike in prices, as you could loose them and lose business. The high rates gave business owners no other option but to increase their prices. Left to the average business owner, the aim is to make more profit. Most businesses were already struggling with margins. Now that rates are down, I can guarantee, prices will go down, but not to prior prices before the naira crash. 3. Greed This is to policy makers. Your decisions have longterm effect on the economy. ![]() Have you ever wondered, why just a vehicle breakdown on say, Lagos Ibadan expressway will cause 5 hours hold up? Nothing has changed, just one lane, out of 3 is affected, but it will still cause hold up. Even when the vehicle is towed from the location, the backlog of holdups will still cause extra 2 hours delay. 1 Like |
![]() |
You sound naive. Alcohol makes women Hot. And you say your own drinks, and she's a virgin. The family also collects money from her, like she has a job. So people just dash her money, or borrow her because she's a virgin. Dey play. Keep playing 4 Likes |
![]() |
thesilentman: Brother, your wife just gave birth... Some people, their wives are taken to the psychiatrist hospital a week after delivery. Relax... 9 Likes 1 Share |
![]() |
Excell2: A company that pays 80k per month, is not, and will never be a good company. If however, the job is a career job, where you learn skills you can use to survive after 3 months with them. Then take the job |
![]() |
Jokers 1 Like
|
![]() |
peretei2024: How old are you... Omo mummy |
![]() |
sandammy: Check your rollers, misaligned compressor if changed, check adjuster, look out for bad grooves on pulley wheels. Even if it is fake, there is no way it will go bad 4 days 2 Likes |
![]() |
Tombrown3: Inflation |
![]() |
2 Likes |
![]() |
GeneralZodd: ![]() |
![]() |
topsydee007: Don't, get this instead. You already started on a wrong footing, you might just make an already bad situation worse switching to 5w30, a thinner oil
|
![]() |
16inchdick: You've sold your land already, there is no point telling you shouldn't have. Cos with the free fall of naira in the next one year, your 20 million would have lost value. You could have preferably wait till when you will need proof of funds before selling. Yes, to keep yourself busy, getting the matrix is good. Preferably the corolla incase you want to sell. Learn how to drive first, there are a lot of driving schools around. within one week, you should be able to drive to your church, then back, with your bible on the dash. You will surely need more than 3 months to match the madness and deft to be able to drive in Lagos. Whatever you do, don't spend more than 3 million from the 20 million. So many people will come with brilliant business ideas. You should get a couple of pms, and nudge from family members. Don't forget the goal. Japa! Japa with at least 17m intact. You will need it. And start the processing immediately. Don't wait, the longer you wait, the more difficult it will be! Yes, you can start a business in Nigeria, but if you are not a business person, or have not done any business here before. Don't try it! Doing business here is crazy. You need craze. 17 Likes 2 Shares |
![]() |
Original hyundai Santafe frot Shock Absorber
|
![]() |
2015 - 2020 Ford Edge Front Shock Absorber Compatible with 2015 Ford Edge 2016 Ford Edge 2016 Ford Edge 2017 Ford Edge 2018 Ford Edge 2019 Ford Edge 2020 Ford Edge Front Shock Absorber #2015FordEdgeShockAbsorber #2016FordEdgeShockAbsorber #2017FordEdgeShockAbsorber #2018FordEdgeShockAbsorber #2019FordEdgeShockAbsorber #2020FordEdgeShockAbsorber #9japarts
|
![]() |
2010-2019 Lexus Gx460 Front Shock Absorber KYB compatible with 2010 Lexus Gx460 Front Shock Absorber 2011 Lexus Gx460 Front Shock Absorber 2012 Lexus Gx460 Front Shock Absorber 2013 Lexus Gx460 Front Shock Absorber 2013 Lexus Gx460 Front Shock Absorber 2015 Lexus Gx460 Front Shock Absorber 2016 Lexus Gx460 Front Shock Absorber 2017 Lexus Gx460 Front Shock Absorber 2018 Lexus Gx460 Front Shock Absorber 2019 Lexus Gx460 Front Shock Absorber Request for any shock absorber, get a quote, get it delivered #9japarts WhatsApp : 08084662181
|
![]() |
2014-2019 Toyota Highlander KYB Shock Absorber.
|
![]() |
|
![]() |
Felicity001: A bad ignition coil won't cause oil shortage. Oil shortage is one of the signs when your oil is due for change. Yes, a bad valve cover oil seal can cause oil leakage 8 Likes |
![]() |
SHOCKS (FRONT) FOR LAND ROVER LR4 (2010 - 2016)
|
![]() |
Aleem26: Which part Sir |
![]() |
2003-2008 Toyota Corolla Brake disc
|
![]() |
![]() |
![]() |
![]() |
1 Like |
![]() |
samobaba4u: Though I have had to handle repairs from Clients that had AXA insurance and they paid with plenty aguements and trying to lowball on repair cost. My direct response is always, see, I don't have to handle repairs. The quote I gave is best price and I ain't dropping shi shi. And tell my customer not to bulge. Nevertheless, I have always had an inclination of things like this happening. Where it is easy to collect money, but when you want to make claims they turn to tiger and start turn turn turning you around like turn table till you vex and leave the money with them. I like to be in charge, and not at the mercy of anybody. The Nigerian factor is turning a beautiful and necessary business practice to a nightmare. Till further notice, saving problem money is better. May we not enter wahala. Amen 5 Likes |
![]() |
myforty68: 560 naira to a dollar Yes, we can pay to a dom account. Or Through RIA |
![]() |
Are you into Mini Importation Or would you like to buy a Car but need US dollars to make payments in. We can help you fufill your dollar demands. We offer the best rates. |
![]() |
Lush100: Reachout on whatsapp 08084662181 |
![]() |
Lush100: Only KYB: 68,000
|
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 26 pages)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 45 |