NewStats: 3,263,924 , 8,181,902 topics. Date: Sunday, 08 June 2025 at 07:17 PM 69662j

Online crash, go to market and see real prices.

maestroferddi:
Abeg where the price crash?

I wan go buy from there...

Me sef I'm looking for it o.

Crashes that happened for tinubu yansh. Nonsense and ingredients

maestroferddi:
Abeg where the price crash?

I wan go buy from there...

newspaper

" As e dey pain them, e dey sweet us"

ehikwe22:
Crashes that happened for tinubu yansh. Nonsense and ingredients

Nairaland marketplace

Nigerians are inherently wicked... Look at people hoarding Dollars so that they can sell at a exorbitant rate.

Honestly, food stuff is still expensive in my state ooo. Abi which country are they talking about?

KonteYoruba:


The jobless still affect soap and water ?

Ehh helinues?

Help me ask them o

A bag of rice is N56,000?? In which of the markets?

When Tulumbu ers are done f o o l i n g one another on Nairaland, they will all go back to default and reality mode. Lol

Simisima:
But how come foodstuffs are still expensive in my area?

I'm also wondering o

Propaganda On infrastructure & Economy Plus White Elephant Projects no do APC again,,

Since 2025, they have been busy dishing out fake stats .

Even the prestigious NBS has ed In dishing out fake and rebased stats to Nigerians.

It has never been this Bad

When una finish with una propaganda, Una enta market so Una eyes go clear. Mumu people.

APC and PROPAGANDA






WHICH PRICE REDUCED?

zero8zero:
Tinubu effect. FX speculators, food hoarders, bitter people, all of them are losing.

was the same tinubu effect that made the prices of dollars and food to skyrocket in the first place?

can you list the things tinubu did that produced the "tinubu effect" making prices of food to come down?

who are the FX speculators?

Why do Nigerians like to lie like this. Everyone knows its fuel subsidy removal and float of the naira that caused all this.

And now they are lying like mad.
Who doesn't know that during Ramadan a surplus will exist?

You guys are not tired of suffering.

Una tung lie...is Tinubu's Chinese name

which food crash ooo?

shey werey niyin?

seunowa:
Nigerians are inherently wicked... Look at people hoarding Dollars so that they can sell at a exorbitant rate.

who are the people hoarding dollars?

do carpenters, plumbers, school teachers and uber drivers have dollars to hoard?

how much dollars do you have?

The APC led government and the need to control the narratives
Nigerians still have not seen the so called crash in anything that has been promised how can food crash when petrol that is used in transportation is higher that normal

the only thing that this government has done is to show nepotism even at the expense of Nigerians

but funny enough come next election the same people shouting now would campaign for this ROT IN POWER for 2k

market effect will boost our testimony not this analysis .
even when the wholesalers/retailers buy at lower cost the will still want to maintain the high cost

zero8zero:

Rice, which cost around N114,000 in December, is now about N52,000 in some places.
https://guardian.ng/news/hoarders-lose-as-food-prices-crash-by-40/

Abeg. Where can I get rice for 52k in Nigeria?

I'm really interested

Price only fall on Nairaland. Reality hits you when you are in the market.

The share number of threads and newspapers articles been published to convince us that prices have fallen is unprecedented. Haba, if price falls, we shall notice it, do we need 200 threads to tell us that.

JuanDeDios:

Have you considered storage? Most farmers aren't into storage and need middlemen to uptake their products and provide warehousing facilities. Otherwise, you'd have a glut of yam in September and no yams in the markets by January, there'd be a lot of waste and food crisis will be worse. I know there are greedy people, but these middlemen Nigerians love to demonise mostly provide an essential service.

Using storage as an excuse won't hold using Nigeria as a case study... Because even when the product is supposed to be abundance in supply and be cheap they deliberately hoard (store) it to influence price to an unreasonable amount.... Imagine buying a tuber of yam for 6k..... Is storage just a new factor? Of Cos it been a Major factor before Which is already considered B4 deciding the market price

iwaeda:
Which food has crashed. I went to Oke -Arin with my wife over the weekend. Things are not smiling. 40% ko 140% ni. How much is bag of rice now.

Why would you go to Oke Arin of all places? Even the transport costs there will erode price differential with your locality.

Form a virtual coop with friends and buy from out of town.

I am loving this. Last year, we were buying maize for poultry feed at N950.

It is now N600. Even soyabeans that was N1200 and N1300 has crashed to N850.

Looking forward to bumper Eid-El-Fitri sales.

Inasmuch as there's a marginal reduction in prices of foodstuffs, 40% is a big fat lie

40% implies that a bag of rice that goes for 100k before is now 60k. Where?!!

I have been telling mr president from the begining that once you remove subsidy and devalue the naira kindly open all our land borders because our farmers, business men and women and market men and women are very greedy now see them Nigerian people are very different all over the world we are very greedy to the extend that we don't care about each other suffering at all

Interesting..

Which food prices crash?? These are normal seasonal drop in food prices due to their time of harvesting. There is sustainable crash in food prices...