Nigeria is the only country in the world where a product will jump in price by 50% and sales of that product won't change.

It has made corporations greedy and they milk Nigerians with reckless abandon at the slightest opportunity.

Why can't people just boycott those greedy brands,move to cheaper ones and let it sink in the heads of this corporations that no brand is too big to fail,irrespective of product or distribution network.

As someone that has travelled a lot around Africa,I can boast that Nigeria is the only place where this happens and consumers will show vulnerability and dependency by simply continuing patronage and showing these people that "we don't have a choice".
This is a very wrong message to pass,make una try wise up abeg.

Brand loyalty is a daft thing to do cos you would be taken advantage of by oligarchs.
I drop my pen.

This needs to get to front page let's discuss more on this.

I ask myself this same question a lot. I've not seen it happen once that commuters, for example, will protest hike in transport fares by trekking and actually showing these danfo buses who's boss.
In America, black people started walking as a form of protest to segregation in buses. Na beg dem beg dem las las to please come back.

CountVersailles:
I ask myself this same question a lot. I've not seen it happen once that commuters, for example, will protest hike in transport fares by trekking and actually showing these danfo buses who's boss.
In America, black people started walking as a form of protest to segregation in buses. Na beg dem beg dem las las to please come back.

It is very bad and terrible out here honestly,price hike across a value chain and people keep patronising like nothing happened.
It is making me think that Nigerians are not as poor as they claim,they just want to play pity party.

Lalasticlala,seun.
We need a wider audience on this.
Thanks.

SeaTrade:
It is very bad and terrible out here honestly,price hike across a value chain and people keep patronising like nothing happened.
It is making me think that Nigerians are not as poor as they claim,they just want to play pity party.

This has led to some business people hiking prices for no reason because they know they will still enjoy patronage.

CountVersailles:

This has led to some business people hiking prices for no reason because they know they will still enjoy patronage.

Yes.
At the slightest sign of scarcity,
Market people now inflate prices most times by 60% and sheeples will still buy,
I tire for this people.

It really is sad. Nigerians are actually poor. Not just financially but mentally too. That’s why they are able to encourage criminality. Nigerians believe they are showing strength and capabilities by rolling with the “challenges” whereas in most cases, they are just being docile, sheeples if I may. It’s really frustrating that the few voices who dare to dissent are quickly drowned out by those they seek to liberate.

O ma se o!

I can’t count the number of times I refused to buy items or from particular shops because of increases as little as 10naira.

SeaTrade:
Yes.
At the slightest sign of scarcity,
Market people now inflate prices most times by 60% and sheeples will still buy,
I tire for this people.

At least I have boycott in buying and drinking two particular brands of malts ever since they increased their prices from N200 to N250.

Damnnn niggar.
Isoright

One thing about Nigerians.
They still believe the higher the price the better the quality of that product

Just like Heineken...People will never do away with Heineken bottles no matter the price

Wetin man go do...

Simply because we will conduct our own 'Inflation' later..
You increase the Price of Flour, I increase Price of my bread..
You increase Tomato price, I increase Price of my Stew rice..
You increase condom price, I increase my Towtow price..

The cheaper ones has lesser quality rem the day I bought bua spaghetti Omo I regretted, told my self even if golden penny gets to 500 that's what I'll continue eating

Abeg what other choice dey ?

Who still dey eat sardine??

If you're still eating sardine God will judge you

Na condition make crayfish bend.
Why protest when you know nothing will change and you're just wasting your time.

Op, you want make DSS arrest us abi

Blame the government for inflation not corporations. So if the cost of raw materials/production skyrockets you expect a company not to review it's price upwards?

Your argument will only be valid if we know for sure that there isn't general inflation and a company just changes the price of it's product...but as it is in Nigeria, we all know there is general inflation as a result of the forex rate coz we are import dependent.

Maybe you should bell the cat by starting a revolution in Nigeria.

SeaTrade:
Nigeria is the only country in the world where a product will jump in price by 50% and sales of that product won't change.

It has made corporations greedy and they milk Nigerians with reckless abandon at the slightest opportunity.

Why can't people just boycott those greedy brands,move to cheaper ones and let it sink in the heads of this corporations that no brand is too big to fail,irrespective of product or distribution network.

As someone that has travelled a lot around Africa,I can boast that Nigeria is the only place where this happens and consumers will show vulnerability and dependency by simply continuing patronage and showing these people that "we don't have a choice".
This is a very wrong message to pass,make una try wise up abeg.

Brand loyalty is a daft thing to do cos you would be taken advantage of by oligarchs.
I drop my pen.

This needs to get to front page let's discuss more on this.

.

Because You accept you no accept, noting u fit do about am

We get choice?

Cus they like suffering and smiling

Boycotting is hard cos there are not that many alternatives that can serve the same purpose

Also the elasticity of the demand for the product matters a lot

Right now sardine is like 650:700 from like 250 some months ago

Someone said they tried to go for another brand not sure of the name and was cheaper

Omo the almost vomited the bread they wanted to eat the sardine with

May God save Nigeria one day

Laugh Matters: It's Friday Again LoL

https://www.youtube.com/watch?v=hFK1fsPdjLw

Forget about the leaders and big corps, we citizens are terrible when it comes to morality.

You will see a product the manufacturer branded it boldly that the retail price is 50naira and the mama shop insisted on selling it at 80naira, and you need to use that product, you just frown face, blame buhari and buy the product.

All this trader associations are also local thieves

angelfallz:


Does this happen with indomie?
Because the price that is on the pack is not what I buy it at oh!

Of course, middle men scam
Thats how dangote cement was being sold at 70%-80% above the factory price

The worst is in the transport sector especially Onitcha-Asaba route. Those wicked transporters will just hike price unnecessarily. Sometimes #500-#800 depending on how they feel. You will see people willing to sit on attachment without protesting the price. The bike guys too aren't helping matters. Some of them charge as much as #500 per passenger just to cross the bridge. Nigerians will still adjust instead of boycotting these thieves

Fvcked up mehn

We no get choice na