Quote from: Exotic5 on Today at 11:11:03 AM

For price of goods to reduce in this country, the current supplies needs to be sold out and the new price of goods be reduced from factories first, the price of fuel reduced before our retailers will reduce their prices.
Because price of fuel also affects price of goods due to high cost of transportation.
But most importantly, Nigerians always takes advantages of good situation and bad situation. So it will take awhile to adjust since it might give them losses. Nobody likes to lose.

I agree with you say na di hike in fuel price na hyn start dis whole gbese before dollar kum join bodi. But you suppose know di country wey you dey, say wen price don increase like dis e no dey kum down. Even when dis traders buy their goods at a lesser price, di moment dollar rise, dem go sell di goods dem buy cheaper at di current higher price.

E get some items wey I bin check out for Jumia when naira been dey around N1750, di price also been increase almost by 60%, right now di price still tie wrapper dey where e dey. So both petty traders and merchant traders dey take advantage of situations like dis and I no think say di price of commodities go fall back to where e bin dey before.