Costs of Food Items: Market Survey Shows Price of Rice Continues to Drop

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  • Опубліковано 20 кві 2024
  • There is a common saying in Nigeria that prices of goods and services in the country hardly obey the law of gravity. Once they go up, they rarely come down. True to this, the hike in prices of commodities, occasioned by the dip in value of the naira against the dollar some few months ago, has not witnessed a decline, despite gains made by the country's currency against global currencies. Now, consumers are fuming over this insensitivity and want naira improvement to reflect in retail prices. In the face of this, the Federal Government has vowed to clampdown on arbitrary hike in prices of commodities.
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КОМЕНТАРІ • 16

  • @Sabrerattler007
    @Sabrerattler007 Місяць тому +3

    Jide is a disgrace! Jide once was awarded a chieftaincy title from a SE town for being forthright before the illfated 2023 Nigeria election. These days, Jide has shown that that SE town should have buyer's remorse. Jide fooled the town. Jide is an APC where belle face journalist.

  • @oludayogiwa1806
    @oludayogiwa1806 Місяць тому +2

    It's a big shame to see Nigeria dollarised. Kilode. Our leaders must go to jail

  • @AbdulwaheedOmobolaji
    @AbdulwaheedOmobolaji Місяць тому +3

    I find it very shameful to listen to analysts on TV stations of this level putting blames on traders. Are these traders the manufacturer? Was it not what they buy they will sell?

  • @chinaemezejohn2229
    @chinaemezejohn2229 Місяць тому +7

    If you like let one dollar be hundred Naira if you did not reduce the price of petrol and diesel things will still be costly in the market

    • @Eniola.247
      @Eniola.247 Місяць тому +2

      True talk my brother, that's it o, is like they don't know.

    • @knowledgecrystalchemistry
      @knowledgecrystalchemistry Місяць тому +1

      Wake up from your slumber..The price of petrol won't come back to what it is before at least for now but there will marginal reduction to about N500. And more when the refineries begin working fully ...The subsidy will then deployed to increase salaries ,build infrastructure in education, health, agriculture e t.c....Price of goods have started dropping whether you like it or not...

  • @ayomikunawoseyi5226
    @ayomikunawoseyi5226 Місяць тому

    Increase in both Kwara, Kaduna and Abuja... Mo fo o...
    I make that mistake too o..

  • @iraborjoe7090
    @iraborjoe7090 Місяць тому

    buhaha and tinubuuuu 😁🤣😁

  • @robertedson2155
    @robertedson2155 Місяць тому

    Greed is too much in Nigeria, government should introduce windfall tax on all people doing this

    • @EbukaMark-cu1bk
      @EbukaMark-cu1bk Місяць тому

      Una go explain tire 😅😅😅 if the traders sell cheaper because the goods are old stocks, will they be able to buy when they go back to purchase from the producers or manufacturers as the prices of commodity keeps changing, una go explain tire, mumu people.

  • @ZarckadeyemiaddaiAddai-tz5vv
    @ZarckadeyemiaddaiAddai-tz5vv Місяць тому

    Nigerian should stop using dollars as a business money if you are traveling to Asia they should china currency what is dollars